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New Delhi [India], April 8 (ANI): Jayant Chaudhary, the Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education, on Wednesday initiated the campaign to build a Skills Outcomes Fund, a first-of-its-kind initiative aimed at unlocking aspirational livelihoods for youth from low-income backgrounds. The fund envisages mobilising public and private capital to scale outcomes-based financing (OBF) in India's skilling ecosystem, linking inves ...Read More >
Mumbai, April 7: Stock market benchmark indices Sensex and Nifty ended higher on Tuesday, as a drop in crude oil prices and a rally in global markets calmed investors' sentiment. Also, buying in IT stocks aided recovery in the markets after early losses. The 30-share BSE Sensex jumped 509.73 points, or 0.69 per cent, to settle at 74,616.58. During the day, it hit a high of 74,686.32 and a low of 73,282.41, gyrating 1,403.91 points. The 50-share NSE Nifty climbed 155.40 points, or 0.68 per cent ...Read More >
(RTTNews) - Indian shares opened on a sluggish note on Tuesday as Iran rejected proposals for a temporary ceasefire and U.S. President Donald Trump expanded his threat against Iran to include all power plants and bridges before his Tuesday-night deadline. The benchmark BSE Sensex was down 480 points, or 0.7 percent, at 73,627 in early trade, while the broader NSE Nifty index dropped 139 points, or 0.6 percent, to 22,829. Selling was seen across the board, with SBI, ICICI Bank, Larsen & Toubro, ...Read More >
New Delhi, Apr 5 (PTI) The combined market valuation of six of the top-10 most valued firms declined by Rs 64,734.46 crore in a holiday-shortened last week, with Bharti Airtel taking the biggest hit, reflecting the broader weakness in the equities market. Last week, the BSE benchmark Sensex declined 263.67 points, or 0.35 per cent, and the NSE Nifty fell 106.5 points, or 0.46 per cent. "Markets ended lower for the sixth consecutive week, declining by nearly half a per cent, reflecting heighten ...Read More >
MUMBAI: When your ice cream business gets a fresh scoop of leadership, things are bound to get even cooler and Kwality Wall's has just done exactly that. Kwality Wall's (India) Limited (KWIL), now part of The Magnum Ice Cream Company (TMICC), has announced the appointment of Abhijit Bhattacharya and Tahir Toloy Tanridagli to its Board of Directors. The appointments, effective 30 March, follow TMICC HoldCo's acquisition of a controlling 61.90 per cent stake in KWIL. Mr Abhijit Bhattacharya has b ...Read More >
Mumbai, Mar 11 (PTI) Benchmark indices Sensex and Nifty drifted lower in early trade on Wednesday after a day's breather amid the ongoing tensions in West Asia and sustained foreign fund outflows. Selling in blue-chip bank stocks also dragged the markets lower. The 30-share BSE Sensex dropped 96.12 points to 78,109.86 in early trade. The 50-share NSE Nifty declined 22.95 points to 24,238.65. From the 30-Sensex firms, Kotak Mahindra Bank, ICICI Bank, Axis Bank, HDFC Bank, Hindustan Unilever an ...Read More >
Equity benchmark indices Sensex and Nifty ended marginally lower on Monday in tandem with a weak trend in global markets and persistent foreign fund outflows. Photograph: Hemanshi Kamnani/Reuters Also, uncertainty over an India-US trade deal weighed on investors' sentiment, analysts said. The 30-share BSE Sensex dipped 54.30 points, or 0.06 per cent, to at 85,213.36. During the day, the benchmark declined 427.34 points, or 0.50 per cent, to 84,840.32. The 50-share NSE Nifty edged lower by 1 ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty ended marginally lower on Monday in tandem with a weak trend in global markets and persistent foreign fund outflows. Also, uncertainty over an India-US trade deal weighed on investors' sentiment, analysts said. The 30-share BSE Sensex dipped 54.30 points, or 0.06 per cent, to at 85,213.36. During the day, the benchmark declined 427.34 points, or 0.50 per cent, to 84,840.32. The 50-share NSE Nifty edged lower by 19.65 points, or 0.08 per cent, to ...Read More >
NEW DELHI: Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a "goldilocks" economy in the face of high US tariffs. Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52 per cent, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62 per cent, to 85,796.72. The 50-share NSE Nif ...Read More >
Mumbai: Indian equity markets ended the week on a positive note after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 5.25 percent. The Monetary Policy Committee, led by Governor Sanjay Malhotra, also maintained a neutral policy stance. The central bank delivered a double surprise-cutting rates and sharply lowering the FY26 inflation forecast to 2 percent from 2.6 percent, while raising the growth projection to 7.3 percent from 6.8 percent. A ...Read More >
Mumbai, Dec 5 (SocialNews.XYZ) Indian stock markets ended higher on Friday after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.25 per cent. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, also kept its policy stance neutral. Along with the rate cut, the RBI sharply lowered its inflation forecast for FY26 to 2 per cent from 2.6 per cent and increased its growth projection to 7.3 per cent from 6.8 per cent earlier. Following the announcement, th ...Read More >
Mumbai, Dec 5 (PTI) Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a "goldilocks" economy in the face of high US tariffs. Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52 per cent, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62 per cent, to 85,796.72. The 50-shar ...Read More >
Equity benchmark indices Sensex and Nifty hit their fresh all-time highs in early trade on Monday as investors' sentiment turned positive after India's economy grew at a higher-than-expected 8.2 per cent in July-September - the fastest pace in six quarters. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex jumped 452.35 points to 86,159.02 -- its record peak. The 50-share NSE Nifty climbed 122.85 points to hit a lifetime high of 26,325.80. From the Sensex firms, Adani Ports, Bhara ...Read More >
The report highlighted LIC's May 2025 investment of USD 570 million (around Rs 5,000 crore) in Adani Ports & SEZ (APSEZ). Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across ...Read More >
Mumbai, Nov 19 (PTI) Equity benchmark indices Sensex and Nifty bounced back sharply on Wednesday, driven by a rally in IT stocks and sustained buying from domestic institutional investors amid growing hopes for an India-US trade deal. The 30-share BSE Sensex jumped 513.45 points, or 0.61 per cent, to settle at 85,186.47. During the day, the benchmark surged 563.75 points, or 0.66 per cent, to 85,236.77. The 50-share NSE Nifty climbed 142.60 points, or 0.55 per cent, to 26,052.65. From the Sen ...Read More >
Mumbai: The domestic equity indices settled sharply higher on Wednesday, recovering significantly from the early losses amid heavy buying in IT heavyweights and selected large-cap stocks. Sensex ended the session at 85,186.47, up 513.45 points or 0.61 per cent. The 30-share index started the session in negative territory at 84,643.78 against last session's closing of 84,673.02. However, the index recovered over 700 points from early losses to hit an intraday high at 85,236.77 amid value buying ...Read More >
MUMBAI: The key domestic equity indices closed flat on Thursday, erasing early gains amid profit booking in IT and auto heavyweights, ahead of Bihar election results. Sensex ended the session at 84,478.67, up 12.16 points or 0.01 per cent. Continuing the previous day's rally, the 30-share index started trading higher at 84,525.89 against last session's closing of 84,466.51. However, the index traded volatile during the session and closed flat amid profit booking post the last three days ' rally ...Read More >
New Delhi: Varun Berry, chief executive, managing director and vice-chairman of Britannia Industries, stepped down on Monday after over a decade of helming the company, a sudden exit at one of India's most prominent consumer goods companies. The Nusli Wadia-owned biscuits and dairy maker said in a regulatory filing on Monday that Berry's resignation has been accepted with immediate effect. The development is sudden, even more so as Britannia had announced Rakshit Hargave, formerly chief execut ...Read More >
Mumbai: Benchmark stock indices Sensex and Nifty bounced back Monday after three straight days of losses following buying in IT and financial shares and a rally in global peers. The 30-share BSE Sensex benchmark climbed 319.07 points, or 0.38 per cent, to close at 83,535.35. In the intraday session, the index rallied 538.21 points, or 0.64 per cent, to hit a high of 83,754.49. The NSE Nifty advanced 82.05 points, or 0.32 per cent, to settle at 25,574.35. During the day, it climbed 161.15 point ...Read More >
New Delhi, Oct 26 (SocialNews.XYZ) India is increasingly becoming a key growth market for global consumer goods companies, driven by the rapid rise of e-commerce and quick-commerce platforms. The country's expanding digital retail ecosystem is enabling faster market penetration and boosting online sales, making India one of the standout performers for international consumer brands. Global consumer goods majors Unilever and L'Oreal reported a sharp rise in online sales during the September quar ...Read More >
New Delhi: India is increasingly becoming a key growth market for global consumer goods companies, driven by the rapid rise of e-commerce and quick-commerce platforms. The country's expanding digital retail ecosystem is enabling faster market penetration and boosting online sales, making India one of the standout performers for international consumer brands. Global consumer goods majors Unilever and L'Oreal reported a sharp rise in online sales during the September quarter, driven by the rapid ...Read More >
Mumbai, Oct 26 (SocialNews.XYZ) The combined market valuation of seven of India's top 10 most-valued companies rose by Rs 1,55,710.74 crore in the holiday-shortened week, supported by a positive trend in domestic equities. Tata Consultancy Services (TCS) and Bharti Airtel were among the biggest gainers, according to the official data. During the week, the benchmark Sensex gained 259.69 points, or 0.30 per cent. On Thursday, the 30-share index touched a 52-week high of 85,290.06. Among the top ...Read More >
New Delhi: The combined market valuation of seven of the top-10 most valued firms jumped by Rs 1,55,710.74 crore in the holiday-shortened last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities. Last week, the BSE benchmark climbed 259.69 points or 0.30 per cent. On Thursday, the 30-share BSE Sensex hit its 52-week high of 85,290.06. From the top-10 pack, Reliance Industries, Bharti Airtel, Tata Consultancy S ...Read More >
Mumbai, Oct 24 (PTI) Benchmark indices Sensex and Nifty declined on Friday amid profit-taking in FMCG and banking shares following a six-day rally and fresh foreign fund outflows. Snapping its six-day winning streak, the 30-share BSE Sensex dropped by 344.52 points or 0.41 per cent to settle at 84,211.88. During the day, it fell by 599.25 points or 0.70 per cent to 83,957.15. The 50-share NSE Nifty declined by 96.25 points or 0.37 per cent to 25,795.15 as 34 of its constituents closed lower an ...Read More >
New Delhi, Oct 23 (PTI) FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 3.8 per cent rise in consolidated net profit at Rs 2,694 crore and sales was up 2.1 per cent in the September quarter of FY'26 with a "flat underlying volume growth" due to the transitory impact of GST changes and prolonged monsoon in parts of the country. HUL, which owns popular brands such as Rin, Surf Excel, Lux, Horlicks etc had logged a net profit of Rs 2,595 crore in the July-September quarter a year ag ...Read More >
Mumbai: Packaged consumer goods giant Hindustan Unilever Ltd on Thursday reported a muted 1.5% rise in consolidated revenue to ₹16,388 crore for the July-September quarter (Q2FY26). The company's net profit during the quarter stood at ₹2,694 crore, up 3.8% year-on-year. HUL, India's largest fast-moving consumer goods company, had flagged in late September that it expected disruptions in sales in the quarter over lower goods and services tax rates. While the rate cuts benefitted 40% of HUL's p ...Read More >
Globally, developments around proposed US tariffs on China, along with movements in crude oil prices and currency trends, will play a key role in shaping risk appetite and investor positioning, Mishra added.Source : ABPLIVE AI The Indian benchmark indices saw significant gains during early trade on Monday morning on account of Diwali as the Sensex opened 498 points higher at 84,451.11, and the Nifty opened higher by more than 190 points, at 25,899.90. In the pre-open session, at 9:03 AM, the S ...Read More >
Mumbai (Maharashtra) [India], October 20 (ANI): The Indian stock market on Monday ended in green territory after trading higher, driven by upbeat quarterly results from top lenders in the financial sector and a rebound in global risk appetite following signs of easing US-China trade tensions. At the end of the trading session today, BSE Sensex settled at 84,363.37, rising 411.18 points or 0.49 per cent while NSE Nifty50 stood at 25,843.15, up by 133.3 points or 0.52 per cent. In today's trade, ...Read More >
Mumbai: Equity market sentiment in the upcoming holiday-shortened week will be guided by global developments, foreign fund flows, and the ongoing corporate earnings season, analysts said. Both BSE and NSE will remain closed for regular trading on Tuesday due to Diwali, but a special Muhurat trading session will be conducted on October 21 between 1:45 pm and 2:45 pm, marking the beginning of Samvat 2082. Markets will also remain shut on Wednesday for Diwali Balipratipada. Heavyweight earnings to ...Read More >
Indian stock markets, Sensex and Nifty, recovered from an early dip on Friday. Foreign fund inflows and anticipation of US Federal Reserve rate cuts boosted investor sentiment. Asian Paints, Mahindra & Mahindra, and Bharti Airtel were among the top gainers. This rebound follows strong performance on Thursday, driven by positive economic outlook and global factors. Mumbai, Equity benchmark indices Sensex and Nifty bounced back after starting the trade on a weak note on Friday, helped by foreign ...Read More >
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