Mumbai, Feb 4 (IANS) The Indian equity markets posted moderate gains on Wednesday morning with broad-based gains across sectors, weighed down by losses in IT stocks due to AI-driven ‘SaaSpocalypse’.The Indian IT stocks plummeted tracking negative Wall Street cues over steeper competition and lower margins, stemming from AI advancement, after the latest launch of a legal tool by Anthropic for its Claude AI chatbot.As of 9.25 am, Sensex added 44 points, or 0.05 per cent, to reach 83,783, and N…
Latest US‑India trade deal News & Updates
Mumbai, Feb 3 (IANS) Indian stock markets witnessed a strong rally on Tuesday as investors cheered the finalisation of the long-awaited India–US trade deal.Both benchmark indices, the Sensex and the Nifty, posted sharp gains — reflecting positive sentiment across Dalal Street.By the end of the trading session, the Sensex jumped 2,072.67 points, or 2.54 per cent, to close at 83,739.13.Meanwhile, the Nifty climbed 639.15 points, or 2.55 per cent, to settle at 25,727.55.“The key support zone r…
New Delhi, Jan 20 (IANS) Some prominent Indian CEOs from India are likely to join a select group of 146 global corporate leaders for a meeting with US President Donald Trump at the World Economic Forum (WEF) meeting in Davos on Wednesday.India’s tech and industrial leaders, including Tata Sons Chairman N. Chandrasekaran, Wipro CEO Srini Pallia, Bharti Enterprises Founder Sunil Bharti Mittal and Infosys CEO Salil Parekh, are set to attend the high-level session during the WEF, according to a re…
Mumbai, Jan 12 (IANS) The Indian benchmark indices continued their decline on Monday amid rising geopolitical tensions and uncertainty surrounding the India-US trade deal.As of 9.22 am, Sensex slipped 95 points, or 0.44 per cent to 83,212 and Nifty eased by 95 points, or 0.37 per cent to 25,588.Main broad-cap indices were in line with benchmark indices, with the Nifty Midcap 100 down 0.33 per cent, while the Nifty Smallcap 100 lost 0.57 per cent.Except metal and FMCG, all other sectoral indices …
Mumbai, Dec 29 (IANS) Indian benchmark indices traded flat with a mild positive bias early on Monday, tracking mixed global cues and subdued year-end participation.As of 9.30 am, Sensex moved up 40 points, or 0.04 per cent to 85,081 and Nifty gained 14 points, or 0.05 per cent to 26,057.Main broad-cap indices performed in line with benchmark indices, with the Nifty Midcap 100 advanced 0.14 per cent, while the Nifty Smallcap 100 added 0.18 per cent.Tech Mahindra, Tata Steel and NTPC were among th…
New Delhi, Dec 27 (IANS) India’s real GDP growth is projected at 7.4 per cent for FY26, up from 6.5 per cent in FY25, a report has said, highlighting seasonal pick up in electricity, mining and construction sectors.The report from ICRA said that growth is expected to ease below 7 per cent in H2 FY26 from 8 per cent in H1 because of an unfavourable base effect and moderation in exports.The report expects a pause in the February 2026 policy review by the RBI, with future decisions to be guided b…
New Delhi, Dec 22 (IANS) India’s GDP growth is expected to grow 7.5 per cent in FY26 and 7 per cent in FY27, a report said on Monday, adding that 8.3 per cent nominal GDP growth is likely this fiscal.The report from CareEdge Ratings said that healthy FY27 growth is supported by a possible US‑India trade deal, low inflation, low interest rates and tax relief.Further, the optimistic capex outlook, as evidenced by the strong order books of the capital goods companies, also bodes well for the inve…