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Mumbai, April 9: The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensions impacting investor sentimen ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Also Read | Max Verstappen's F1 Retirement Speculation Intensifies Amidst Ongoing Red Bull Engineer Exit Rumo ...Read More >
BENGALURU, April 9 (Reuters) - India's annual inflation likely rose modestly in March to 3.48%, according to a Reuters poll of economists, as a fall of around 11% in gold prices last month partly offset a surge in fuel prices in the wake of the Iran war. While food price rises were modest, the U.S.-Israeli war on Iran which began on February 28 prompted a jump in global oil prices and severe fuel shortages in India, the world's most populous country. But retail price rises have been mostly sta ...Read More >
Indian equity benchmarks - Nifty 50 and the BSE Sensex ended lower today, reversing a sharp rally seen in the previous session. The decline was triggered by renewed geopolitical tensions in the Middle East, rising crude oil prices, and persistent foreign investor outflows. Markets had surged on April 8 following news of a temporary two-week ceasefire agreement between the U.S. and Iran, raising hopes of de-escalation. However, sentiment quickly turned negative after reports claimed a breach in ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensio ...Read More >
Mumbai, Apr 9 (PTI) The rupee depreciated 17 paise to 92.71 against US dollar in early trade on Thursday as the fragile ceasefire and Iran's threat to step out of the talks if Israel kept bombing Lebanon kept investors wary. Forex traders said markets are in a wait-and-watch mode rather than strong directional positioning as the situation in West Asia remains fragile. Geo-Political uncertainty was still high amid Iran's threat to step out of the talks if Israel kept bombing Lebanon, keeping in ...Read More >
Pune: A 75-year-old doctor from Pune was cheated out of Rs 12.31 crore in an online share trading scam, with fraudsters allegedly coercing him into making multiple investments, police have said. According to police, the senior citizen received a message from an unidentified number in the last week of January containing a list of "recommended" stocks along with a link. On clicking the link, he was added to a WhatsApp group where the administrators claimed to be senior executives of a global fin ...Read More >
Mumbai: The Indian equity markets opened on a cautious note on Thursday after witnessing a sharp rally in the previous session. Benchmark indices declined amid investor concerns over escalating geopolitical tensions, as reports suggested that Israel had attacked Lebanon's Hezbollah, raising fears of a possible disruption in the Strait of Hormuz. Sensex traded 560 points or 0.72 per cent lower at 77,003, hitting an intra-day low in early trade, while Nifty fell as much as 182 points or 0.75 per ...Read More >
An FIR has been registered with the cyber police station based on the doctor's complaint ShowQuick Read Summary is AI-generated, newsroom-reviewed * A 75-year-old Pune doctor lost Rs 12.31 crore in an online share trading scam * He was added to a WhatsApp group posing as executives of a global finance firm * The doctor was directed to a fake trading app mimicking a reputed international firm Did our AI summary help? Let us know. Switch To Beeps Mode Pune: A 75-year-old doctor from Pune ...Read More >
Further investigation is underway, say officials. (Representational) Pune: A 75-year-old medical practitioner was duped of Rs 12.31 crore in an online share trading scam with fraudsters allegedly coercing him into making multiple investments, police said on Wednesday. According to police, the victim received a message from an unidentified number in the last week of January containing a list of "recommended" stocks along with a link. On clicking the link, he was added to a WhatsApp group wher ...Read More >
Pune, Apr 8 (PTI) A 75-year-old medical practitioner was duped of Rs 12.31 crore in an online share trading scam with fraudsters allegedly coercing him into making multiple investments, police said on Wednesday. According to police, the victim received a message from an unidentified number in the last week of January containing a list of "recommended" stocks along with a link. On clicking the link, he was added to a WhatsApp group where the administrators claimed to be senior executives of a g ...Read More >
Mumbai, Apr 8 (PTI) The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral stance. Forex traders said investor sentiment got a boost after Governor Sanjay Malhotra assured that the steps taken on forex do not constitute a structural change. Moreover, confidence was exuded in the health of ...Read More >
New Delhi, Apr 8 (PTI) Interest rate-sensitive realty, auto and bank stocks were in high demand on Wednesday, a day when the Reserve Bank of India kept its key policy rate unchanged, adopting a wait-and-watch stance as policymakers assessed the fallout from the Iran conflict on energy supplies, inflation and growth. A sharp rally in the broader equity market also aided buying in these stocks. Among realty firms, the stock of Lodha Developers surged 8.48 per cent, Prestige Estates Projects jump ...Read More >
New Delhi, Apr 8 (PTI) Investors' wealth swelled by Rs 16.25 lakh crore on Wednesday, mirroring a sharp rally in the stock market where the BSE Sensex jumped nearly 4 per cent, after the US and Iran announced a two-week ceasefire. Rising for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 points or 3.95 per cent to settle at 77,562.90, registering its best trading day in five years. During the day, it surged 3,018.96 points or 4 per cent to 77,635.54. Thanks to the sharp rally ...Read More >
Gurugram (Haryana) [India], 8 April (ANI): The ongoing West Asia conflict has cast a shadow over India's premium and luxury automobile segment even as the broader car market continues to grow, Hardeep Singh Brar, President and CEO, BMW Group India, told ANI on Wednesday. But with a ceasefire now in sight, Brar said the industry could be poised for a swift and strong rebound. Also Read | Nancy Guthrie Missing Case: Tipster Claims Missing Mother of Savannah Guthrie Is in Mexico's Sonora. While I ...Read More >
Gurugram (Haryana) [India], 8 April (ANI): The ongoing West Asia conflict has cast a shadow over India's premium and luxury automobile segment even as the broader car market continues to grow, Hardeep Singh Brar, President and CEO, BMW Group India, told ANI on Wednesday. But with a ceasefire now in sight, Brar said the industry could be poised for a swift and strong rebound. While India's total automobile market has grown by around 17 per cent in the January-March Quarter, the luxury car segmen ...Read More >
New Delhi, Apr 8 (PTI) Aviation stocks ended sharply higher on Wednesday following a steep decline in crude oil prices after the US and Iran announced a two-week ceasefire. Easing of geopolitical stress led to a sharp fall in Brent crude oil prices, which tumbled 14.12 per cent to USD 93.95 per barrel. InterGlobe Aviation, the parent firm of IndiGo, jumped 8.16 per cent to settle at Rs 4,616.60 on the BSE. During the day, it zoomed 10.98 per cent to Rs 4,737.40. The stock of SpiceJet climbed ...Read More >
Mumbai, April 8: Indian stock markets extended their rally for the fifth straight session, with both the Nifty and the Sensex posting strong gains. The positive momentum came amid easing global tensions and steady domestic policy signals. The Nifty closed 3.78 per cent higher, gaining 873.70 points to end at 23,997.35. Meanwhile, the Sensex surged 3.95 per cent, rising 2,946.32 points to settle at 77,562.90. Commenting on Nifty technical outlook, experts said that from a technical standpoint, t ...Read More >
Mumbai: Indian stock markets extended their rally for the fifth straight session, with both the Nifty and the Sensex posting strong gains. The positive momentum came amid easing global tensions and steady domestic policy signals. The Nifty closed 3.78 per cent higher, gaining 873.70 points to end at 23,997.35. Meanwhile, the Sensex surged 3.95 per cent, rising 2,946.32 points to settle at 77,562.90. Commenting on Nifty technical outlook, experts said that from a technical standpoint, the 23,7 ...Read More >
Mumbai, Apr 8 (PTI) The rupee appreciated 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral stance. Forex traders said investor sentiment got a boost after Governor Sanjay Malhotra assured that the steps taken on forex do not constitute a structural change. Moreover, confidence was exuded in ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): Indian equity markets witnessed a sharp rally on Wednesday, with both benchmark indices surging nearly four per cent, driven by positive sentiment following the ceasefire announcement in the West Asia conflict. The Nifty 50 index jumped to 23,997.35, gaining 873.70 points or 3.78 per cent, while the BSE Sensex surged to 77,562.90, rising by 2,946.32 points or 3.95 per cent at the close. Also Read | Assembly Elections 2026: Assam, Kerala Head to Apri ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): Indian equity markets witnessed a sharp rally on Wednesday, with both benchmark indices surging nearly four per cent, driven by positive sentiment following the ceasefire announcement in the West Asia conflict. The Nifty 50 index jumped to 23,997.35, gaining 873.70 points or 3.78 per cent, while the BSE Sensex surged to 77,562.90, rising by 2,946.32 points or 3.95 per cent at the close. Market experts attributed the rally to easing geopolitical conc ...Read More >
Bhubaneswar: Gold prices in Odisha's capital witnessed a sharp jump on Wednesday as markets reacted positively to US President Donald Trump's announcement of a two-week ceasefire with Iran, which has temporarily eased geopolitical tensions in West Asia. According to data from Goodreturns and other tracking platforms like Upstox, the price of 24-carat gold per gram in Bhubaneswar climbed to Rs15,382-15,385, marking a significant increase of about Rs 398 (roughly 2.66%) from the previous day. Sim ...Read More >
New Delhi, Apr 8 (PTI) Adani Group stocks were in the limelight on Wednesday, with Adani Total Gas and Adani Green surging over 13 per cent, in tandem with a sharp rally in the broader equity market. A US judge granted a request from billionaire Gautam Adani to schedule a hearing in efforts to dismiss a US Securities and Exchange Commission fraud case, which he says lacks necessary jurisdiction as well as fails on multiple reasons. This followed lawyers of Adani and his nephew, Sagar filing a ...Read More >
The existing Directorate of Information Technology will be upgraded into a Commissionerate for Electronics, Information Technology and Artificial Intelligence, according to an official statement. A dedicated Information Technology cadre will also be established, with permanent posts at the state secretariat, Mantralaya, commissionerate, and district levels, aimed at enhancing IT, AI, and digital governance across the state. The cabinet meeting was chaired by Chief Minister Devendra Fadnavis. ...Read More >
New Delhi, Apr 8 (PTI) Shares of oil marketing companies soared on Wednesday, with HPCL climbing 9 per cent, as crude oil prices retreated sharply to fall below the USD 100 mark after the US and Iran announced a two-week ceasefire. Brent crude, the global oil benchmark, dropped 14.03 per cent to USD 93.87 per barrel. The stock of Hindustan Petroleum Corporation Ltd (HPCL) zoomed 9 per cent to Rs 361.35 on the BSE. Shares of Bharat Petroleum Corporation Ltd (BPCL) jumped 8.83 per cent to Rs 30 ...Read More >
MUMBAI: India's equity market cheered the two-week ceasefire in West Asia and the reopening of the Strait of Hormuz as benchmark indices- the BSE Sensex and the NSE Nifty50- sprinted almost 4% in early trade deals. The Sensex surged 2,800 points, or 4%, to an intraday high of 77,456, while the Nifty50 jumped over 800 points, or 3.7%, to the day's high of 23,961. The relief rally came after US President Donald Trump said that Washington would suspend military actions against Iran for two weeks a ...Read More >
New Delhi [India], April 8 (ANI): Indian benchmark indices opened with significant gains on Wednesday as global investor sentiment improved following the announcement of a ceasefire between the United States and Iran. BSE Sensex stood at 77,230.04 points, marking an increase of 2,613.46 points or 3.50 per cent at 9:15 am. Simultaneously, NSE Nifty 50 stood at 23,855.15 points, up by 731.50 points or 3.16 per cent. A key trigger for the rally was the sharp correction in crude oil prices, with Br ...Read More >
Mumbai, Apr 8 (PTI) Stock market benchmark indices Sensex and Nifty surged in early trade on Wednesday following a sharp rally in global peers and a significant drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,775.73 points or 3.71 per cent to 77,392.31 in early trade. The 50-share NSE Nifty surged 815.2 points or 3.52 per cent to 23,938.85. From the 30-Sensex firms, InterGlobe Aviation jumped the most by nearly 10 per cent. Larsen ...Read More >
Mumbai, Apr 8 (PTI) The rupee appreciated 50 paise to 92.56 against the US dollar in early trade on Wednesday after US President Donald Trump announced suspension of military strikes against Iran for two weeks. Forex traders said the two-week ceasefire announcement triggered a wave of outsized bargain buying amongst the risk assets as Asian Stocks, Dow futures, Gold and Silver all rallied while Brent Oil fell below USD 100 to USD 96 per barrel. The rupee in accordance surged to 92.56 levels, w ...Read More >
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