Mumbai, April 10 (IANS) Indian equity benchmarks traded sharply higher on Friday, mirroring gains in global markets despite fresh geopolitical tensions and concerns over the closure of the Strait of Hormuz.Sensex climbed as much as 0.82 per cent or 630 points to hit an intra-day high of 77261 in early trade, while Nifty surged 0.85 per cent or 203 points to trade at 23,978.Earlier, the 30-share Sensex opened at 77,121, up 0.64 per cent or 489 points, while the 50-share index began the session at…
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Mumbai, April 9 (IANS) The Indian equity markets opened on a cautious note on Thursday after witnessing a sharp rally in the previous session. Benchmark indices declined amid investor concerns over escalating geopolitical tensions, as reports suggested that Israel had attacked Lebanon’s Hezbollah, raising fears of a possible disruption in the Strait of Hormuz.Sensex traded 560 points or 0.72 per cent lower at 77,003, hitting an intra-day low in early trade, while Nifty fell as much as 182 poin…
Mumbai, March 30 (IANS) Indian stock markets ended the last trading session of fiscal year 2026 on a weak note, dragged down by rising global tensions due to the ongoing Middle East conflict. The prolonged war has raised concerns about economic growth and inflation, leading to heavy selling across equities.The benchmark Nifty fell sharply by 2.14 per cent, or 488.20 points, to close at 22,331.40. Similarly, the Sensex dropped 2.22 per cent, or 1,635.67 points, ending the session at 71,947.55.Com…
Mumbai, March 25 (IANS) Indian stock markets ended higher for the second straight session on Wednesday, supported by easing oil prices and positive global cues. Investor sentiment improved after US President Donald Trump reiterated that talks are ongoing to bring an end to the conflict in the Middle East.The benchmark indices saw strong gains, with the Nifty rising 1.72 per cent, or 392.70 points, to close at 23,306.45.The Sensex also advanced 1.63 per cent, or 1,205 points, to settle at 75,273….
New Delhi, March 17 (IANS) IT stocks came under selling pressure on Tuesday, emerging as the top dragger among sectoral indices amid rising concerns over the impact of generative artificial intelligence on traditional revenue streams.The Nifty IT index declined as much as 2.59 per cent to 28,288, hitting an intra-day low, with all constituents of the index falling by up to around 7 per cent.Meanwhile, the Nifty traded with high volatility, while weakness was also seen in PSU Bank and FMCG indice…
New Delhi, March 9 (IANS) IT major Tech Mahindra on Monday denied social media rumours that it plans a large‑scale job cut, saying no such proposal is under consideration.”The company has received calls and has noted certain social media posts regarding a market rumour of a potential significant reduction in headcount,” the company said in an exchange filing.”In view of the above speculation, the company on its own accord considers it necessary to clarify to the Stock Exchanges that no such pr…
New Delhi, March 4 (IANS) While the US and China are locked in an intense rivalry in the AI race to gain a dominant position in the world, countries such as India, Indonesia, and Vietnam are eyeing the frontier technology with the more modest objective of meeting their developmental goals and maintaining digital autonomy, according to an article.The United States leads frontier innovation, from large language models to artificial general intelligence (AGI), while China excels in embodied AI, ind…
Mumbai, March 4 (IANS) Indian stock markets fell for the third straight session on Wednesday as investors remained cautious over rising tensions in the Middle East, particularly the growing conflict between the United States and Iran.The uncertainty kept traders on edge and triggered selling across sectors. The Nifty ended the day 1.6 per cent lower, slipping 385.2 points to close at 24,480.5.The Sensex also witnessed heavy selling and dropped 1,122.66 points, or 1.40 per cent, to settle at 79,1…
Mumbai, Feb 23 (IANS) Indian stock markets extended their gains for the second straight session on Monday, supported by buying in PSU banks and healthcare stocks. Positive global cues also boosted investor sentiment after the US Supreme Court ruled against the reciprocal tariffs announced by US President Donald Trump.The benchmark Nifty ended 0.55 per cent higher, gaining 141.75 points to close at 25,713. The Sensex rose 0.58 per cent, or 479.95 points, to settle at 83,294.66.Commenting on Nifty…
New Delhi, Feb 18 (IANS) Global experts and leading companies on Wednesday gathered in the national capital for the ‘India AI Impact Summit 2026’, where discussions centered on the future of artificial intelligence and its transformative potential across industries.Speaking to IANS, Geraint Rees, Vice-Provost (Research, Innovation and Global Engagement) at University College London, described the scale and enthusiasm of the summit as highly impressive.He announced that UCL has signed a Memor…