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Indian equities plunge 20% in less than 45 days on coronavirus concerns; fall in domestic indices lower than other countries
Business

Indian equities plunge 20% in less than 45 days on coronavirus concerns; fall in domestic indices lower than other countries

The figures are based on comparison between closing levels on 31 January and 12 March -- the period during which coronavirus infections became more pronounced across geographies, including India.

Asian shares inch up as cautious investors await US retail sales data, Fed rate cut
Business

Asian shares inch up as cautious investors await US retail sales data, Fed rate cut

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.17 percent, with losses in Chinese shares capping gains elsewhere in the region

G20 Summit: Donald Trump halts new tariffs on Chinese goods post talks with Xi Jinping, says ties with Beijing 'right back on track'
World

G20 Summit: Donald Trump halts new tariffs on Chinese goods post talks with Xi Jinping, says ties with Beijing 'right back on track'

The apparent truce marks a pattern for talks between Trump and Xi, who have professed their friendship with each other and hit the pause button on protectionist measures after their conversations, only to see negotiations later break down

Sensex slumps 222 points to 35,752; Nifty falls 72 points to 10,764 amid rising India-Pak tensions; Vedanta, Tata Motors among top losers
Business

Sensex slumps 222 points to 35,752; Nifty falls 72 points to 10,764 amid rising India-Pak tensions; Vedanta, Tata Motors among top losers

The benchmark BSE Sensex gave up all early gains and fell over 200 points in afternoon trade on Wednesday

Wall Street surge provides relief to battered stock markets on upbeat US data
Business

Wall Street surge provides relief to battered stock markets on upbeat US data

In a buying frenzy that was as spectacular as the recent rout, US stocks soared with the Dow Jones Industrial Average rocketing more than 1,000 points for the first time on Wednesday.

Donald Trump asked Cabinet members if he can legally fire US Federal Reserve chair Jerome Powell: Reports
World

Donald Trump asked Cabinet members if he can legally fire US Federal Reserve chair Jerome Powell: Reports

President Donald Trump has privately asked cabinet members if he has the authority to fire Fed Chair Jerome Powell after interest rates were increased and the stock market tanked

Sensex, Nifty turn choppy as IT, pharma stocks fall; Infosys, TCS, Sun Pharma among top losers
Business

Sensex, Nifty turn choppy as IT, pharma stocks fall; Infosys, TCS, Sun Pharma among top losers

Sensex pared early gains and was trading 4.38 points, or 0.01 percent, higher at 34,985.40.

Sensex jumps over 150 points on funds inflow, global cues; Nifty above 10,600-mark
Business

Sensex jumps over 150 points on funds inflow, global cues; Nifty above 10,600-mark

The NSE Nifty was trading 41 points, or 0.39 percent, higher at 10,657.70.

Sensex rises over 100 points on fresh fund inflows, strong rupee; Nifty regains 10,600-mark
Business

Sensex rises over 100 points on fresh fund inflows, strong rupee; Nifty regains 10,600-mark

Sensex rose 115.89 points, or 0.33 percent, to 35,257.88. It had shed 2.50 points on Wednesday in choppy trade.

Sensex snaps 2-day losing streak; recovers over 150 points in opening trade, NSE edges up
Business

Sensex snaps 2-day losing streak; recovers over 150 points in opening trade, NSE edges up

The 30-share Sensex, which lost 340.78 points Friday, recovered by 173.33 points, or 0.52 percent, to 33,522.64.

Sensex tanks 297 points as November F&O series opens weak, Nifty slips below 10,100-mark in early trade
Business

Sensex tanks 297 points as November F&O series opens weak, Nifty slips below 10,100-mark in early trade

Brokers said despite the beginning of the November futures and options (F&O) series, investors indulged in selling activity, tracking a weak trend at other Asian markets.

Sensex cracks below 34,000, Nifty slips to 10,172 on weak global cues in early trade; Asian Paints falls 6%
Business

Sensex cracks below 34,000, Nifty slips to 10,172 on weak global cues in early trade; Asian Paints falls 6%

In the Sensex kitty, Asian Paints suffered the most by falling 5.21 percent after the company reported a 14.76 percent fall in its consolidated net profit at Rs 506 crore for the September quarter Monday.

Sensex bounces 321 points in early trade on positive Asian cues; Nifty up; HDFC bank stocks trade higher
Business

Sensex bounces 321 points in early trade on positive Asian cues; Nifty up; HDFC bank stocks trade higher

Brokers said the emergence of buying by investors, driven by positive trend at other Asian bourses, and encouraging quarterly earnings from HDFC Bank, influenced trading Sentiments.

Sensex tanks over 500 points at 35,448 on weak global cues, sinking rupee; NIfty falls 164 points
Business

Sensex tanks over 500 points at 35,448 on weak global cues, sinking rupee; NIfty falls 164 points

The rupee's plunge to a new record low of 73.77 against the dollar by falling 44 paise in early trade, too, weighed on investor mood.

BSE, NSE, major commodity markets to remain closed today on account of Muharram
Business

BSE, NSE, major commodity markets to remain closed today on account of Muharram

On Wednesday, at the close of market hours, the BSE Sensex closed lower by 169.45 points or 0.45 percent at 37121.22.

BSE, NSE, major commodity markets to remain closed today for Bakri Id
Business

BSE, NSE, major commodity markets to remain closed today for Bakri Id

The BSE, NSE, forex, money market, bullion and other major commodity markets will remain closed today on account of Bakri Id.

Japanese media company Uzabase to buy business news website Quartz from Atlantic Media
Business

Japanese media company Uzabase to buy business news website Quartz from Atlantic Media

Over 20 million people access Quartz each month, with half its audience based outside the US.

Dow plummets 425 points as interest rate surge and oil price rise dampen Q1 results
Business

Dow plummets 425 points as interest rate surge and oil price rise dampen Q1 results

The Dow Jones industrial average plunged as much as 619 points as investors feared that rising oil prices and other costs will slow down growth in company profits.

Sensex extends gains, jumps over 200 points, Nifty tests 10,200; metals, realty, banking stocks in the green
Business

Sensex extends gains, jumps over 200 points, Nifty tests 10,200; metals, realty, banking stocks in the green

The benchmark Sensex extended yesterday's gains by rising over 200 points in early trade today, tracking firm global cues on reports of trade negotiations between the US and China, easing fears of a trade war.

Sensex starts on a firm note, gains over 200 points, Nifty breaches 10,500; auto stocks in driver's seat
Business

Sensex starts on a firm note, gains over 200 points, Nifty breaches 10,500; auto stocks in driver's seat

Continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said.