Shares of ITC dropped over 3% after British multinational BAT Plc trimmed its ownership in the conglomerate by divesting a 2.5% stake for ₹12,927 crore ($1.51 billion) through a block deal. The stock declined 3.18% to settle at ₹420.10 on the BSE. During the day, it lost 4.33% to ₹415.10. At the NSE, it dropped…
The Securities and Exchange Board of India (SEBI) has come up with a new framework for risk monitoring and increased the position limits for futures and options. In its latest circular, the markets watchdog said it had changed the method to calculate the value of open interest (OI) from notional value-based to delta-based. The new…
People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File photo | Photo Credit: Sensex updates Benchmark stock indices Sensex and Nifty declined in early trade on Friday (May 30, 2025), dragged by IT shares and sluggish trends in Asian markets. The 30-share BSE Sensex declined by 219 points to 81,414.02 in early…
The report said the growing capital pool is crucial for funding government and corporate deficits and supporting macroeconomic stability. File | Photo Credit: Reuters State Bank of India (SBI) in its latest economic research report said that based on the current trends, net financial savings of the household sector may touch ₹22 lakh crore, or…
The 30-share BSE Sensex declined by 182.01 points or 0.22% to settle at 81,451.01 as 24 of its constituents retreated and six advanced. During the day, it dropped 346.57 points or 0.42%, to 81,286.45. File | Photo Credit: AP Stock markets closed lower in a range-bound trade on Friday (May 30, 2025) following losses in…
Forex traders said that a steady inflow of foreign funds supported the domestic unit even as investors stayed cautious, awaiting domestic GDP data to be released later in the day. Representational file image. | Photo Credit: Reuters The rupee pared its initial gains to settle 8 paise lower at 85.56 (provisional) against the U.S. dollar…
Markets regulator SEBI has barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 other entities from the securities markets for one to five years in a case related to misleading videos on YouTube channels recommending investors to buy shares of Sadhna Broadcast. The regulator imposed a fine of ₹5 lakh each on Mr….
Rep. image | Photo Credit: AFP The rupee strengthened by 19 paise to 85.29 against the US dollar in early trade on Friday (May 30. 2025) on the back of lower crude oil prices and sustained foreign fund inflows. Forex traders said a firm greenback and volatile stock markets capped the rupee’s gain even as…
Equity benchmark indices Sensex and Nifty surged in early trade on Thursday (May 29, 2025) after two days of decline, mirroring a rally in Asian markets amid positive developments on the US tariffs front. Also, foreign fund inflows drove equity markets higher. The 30-share BSE benchmark gauge Sensex jumped 504.57 points to 81,816.89 in early…
U.S. President Donald Trump. File | Photo Credit: Reuters Financial markets welcomed a U.S. Court ruling that blocks President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law. U.S. futures jumped on Thursday (May 29, 2025), and oil prices rose more than $1. The U.S. dollar rose against the yen and euro….
