Sunday, July 27, 2025

Creating liberating content

The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice

Related News

Citigroup has entered the competitive luxury credit card market with the launch of its new Strata Elite Card, aiming to lure premium customers away from rivals like American Express’ Platinum

The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice of Rs 7,827.55 crore to Tata Communications for adjusted gross revenue (AGR) dues spanning nearly two decades, the company disclosed

A consortium led by Multiples Alternate Asset Management has approached the Competition Commission of India (CCI) seeking approval to acquire a 32% stake in luggage maker VIP Industries, according to

India’s IPO market is gearing up for a busy week starting Monday, with 14 companies, across both mainboard and SME platforms and set to launch their initial public offerings. Together,

Finance minister Nirmala Sitharaman on Saturday signaled a possible revival of India-China business relations, saying both sides have shown interest in reviving economic engagement after years of tension. Speaking at

MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year fall in net profit to Rs 4,472.2 crore for the quarter ended June 2025, primarily due to a one-time gain

Trending News

A consortium led by Multiples Alternate Asset Management has approached the Competition Commission of India (CCI) seeking approval to acquire a 32% stake in luggage maker VIP Industries, according to

India’s IPO market is gearing up for a busy week starting Monday, with 14 companies, across both mainboard and SME platforms and set to launch their initial public offerings. Together,

MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year fall in net profit to Rs 4,472.2 crore for the quarter ended June 2025, primarily due to a one-time gain

File photo: Union minister Piyush Goyal (Picture credit: PTI) India’s Free Trade Agreement (FTA) with Oman is at an advanced stage and nearly finalised, Union Commerce and Industry Minister Piyush

File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth in the face of global uncertainties remains India’s foremost priority.

This is an AI-generated image, used for representational purposes only. An Indian company that exported $1.4 million worth of an explosive compound to Russia last December said it complied with

Stock market today: Nifty50 above 24,400; BSE Sensex up over 250 points

Word Count: 678 | Estimated Reading Time: 4 minutes


Stock market today: Nifty50 above 24,400; BSE Sensex up over 250 points
Stock market today (AI image)

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 crossed the 24,400 mark, BSE Sensex was above 80,700. At 9:22 AM, Nifty50 was trading at 24,431.65, up 85 points or 0.35%.BSE Sensex was at 80,775.82, up 274 points or 0.34%.
Market analysts anticipate share-specific movements to lead trading activities, with possible fluctuations due to global political issues. Important financial results are scheduled from M&M, Indian Hotels, Coforge and CAMS.
VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The reversal in FII strategy in India from selling to buying continued for the week ending 2nd May. During the first three months of 2025, FIIs have been big sellers through the exchanges. Cumulatively FIIs sold equity for Rs 129680 crores during this 3-month period. During the last 12 trading days FIIs have been sustained buyers in the cash market having bought equities for Rs 40145 crores cumulatively.This is a major pivot in FII strategy. And this will impart resilience to the market. The concern now is India’s retaliatory action to the terrorist strike and its fall out. This concern will restrict the FII-led rally. The steep decline in the Dollar index from 111 on 11th January to 99 recently continues to be a strong tailwind for the market. The outperformance of the largecaps over the broader market is a healthy trend that is playing out now. This trend can sustain.”
US equities rose on Friday, achieving gains for two consecutive weeks, supported by robust economic indicators and potential improvements in US-China trade relations.
Oil prices declined in early trades following OPEC+’s weekend decision to increase production volumes. Asian markets opened cautiously, with several major exchanges closed for holidays.
Gold prices moved upward on Monday, benefited by the dollar’s weakness, as market participants sought clarity on trade relations between the U.S. and its trading partners, whilst anticipating the Federal Reserve’s policy announcement later this week.
The dollar showed weakness on Monday despite slightly reduced U.S. recession worries, with investors seeking concrete progress in the U.S.-China trade relations rather than mere suggestions from officials.





Source link

Sign In

Welcome ! Log into Your Account