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(RTTNews) - Indian shares traded lower on Friday, extending recent losses after the Trump administration said it would impose new tariffs on heavy trucks, drugs and kitchen cabinets. The benchmark BSE Sensex was down 310 points, or 0.4 percent, at 80,847 in early trade, while the broader NSE Nifty index dropped 94 points, or 0.4 percent, to 24,797. IT stocks such as Infosys, TCS, Wipro, Tech Mahindra and HCL Technologies were down 1-2 percent after Accenture issued cautious guidance for FY26 a ...Read More >
New Delhi, Sep 26 (PTI) Indian Pharmaceutical Alliance (IPA) on Friday said US President Donald Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1 will impact only patented and branded products, not generic medicines. Reacting to the development, IPA Secretary General Sudarshan Jain said in a statement, "It is not applicable to generics medicines." Trump's statement refers to patented and branded products supplied to US, he added. In his post on social me ...Read More >
New Delhi, Sep 26 (PTI) Pharma stocks fell in morning trade on Friday as investors grew concerned after US President Donald Trump announced import taxes of 100 per cent on branded and patented pharmaceutical drugs. Wockhardt Ltd tumbled 6.58 per cent, Natco Pharma tanked 5.46 per cent, Sun Pharma dropped 4.96 per cent, Indoco Remedies edged lower by 4.70 per cent, Glenmark Pharma fell by 2.88 per cent, Aurobindo Pharma 2.44 per cent and Dr Reddys dipped 2.31 per cent on the BSE. The BSE health ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Friday dragged by pharma stocks and relentless foreign fund outflows. US H-1B visa fee concerns and a weak trend in global markets also added to the bearish trend in domestic equities. "Investor attention will squarely be on the domestic pharma sector after the Trump Administration announced a 100 per cent tariff on imports of branded or patented pharmaceutical products effective October 1. This tariff action comes clo ...Read More >
New Delhi [India], September 26 (ANI): United States President Donald Trump announced on Friday that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies establish production facilities in the United States. The Indian pharmaceutical sector supplies over 50 per cent of global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medicines in the UK. ...Read More >
MUMBAI: The domestic equity indices settled flat on Tuesday amid persistent selling in IT stocks amid buying in the auto and financial services sectors. Sensex ended the session at 82, 102.10, down 57.87 points or 0.07 per cent. The 30-share index started the session flat at 82, 147.37 against last session's closing of 82, 159.97. The index remained range-bound amid selling in IT and FMCG stocks. Nifty closed at 25, 169.50, down 32.85 points or 0.13 per cent. "The markets experienced signific ...Read More >
Mumbai, Sep 23 (SocialNews.XYZ) The domestic equity indices settled flat on Tuesday amid persistent selling in IT stocks amid buying in the auto and financial services sectors. Sensex ended the session at 82,102.10, down 57.87 points or 0.07 per cent. The 30-share index started the session flat at 82,147.37 against last session's closing of 82,159.97. The index remained range-bound amid selling in IT and FMCG stocks. Nifty closed at 25,169.50, down 32.85 points or 0.13 per cent. "The markets ...Read More >
Mumbai: Benchmark Sensex dropped nearly 119 points while Nifty snapped its eight-day winning run in a volatile trade on Monday due to profit-taking in IT and auto shares ahead of the US Fed policy meeting. Ending its five-day rally, the 30-share BSE Sensex declined by 118.96 points or 0.15 per cent to settle at 81,785.74. During the day, it hit a high of 81,998.51 and a low of 81,744.70. The 50-share NSE Nifty settled lower by 44.80 points or 0.18 per cent to 25,069.20, halting its eight-day up ...Read More >
Mumbai, Sep 15 (SocialNews.XYZ) The domestic benchmark indices closed slightly lower on Monday as investors remained cautious ahead of the US Fed policy meeting. The equity indices remained range-bound amid optimism around strong domestic consumption due to the GST overhaul. Sensex settled at 81,785.74, down 118.96 points or 0.15 per cent. The 30-share index started the session flat at 81,925.51 against the last session's closing of 81,904.70. The index remained range-bound, hitting intraday hi ...Read More >
Domestic equities marked a second consecutive week of gains, propelled by a surge in IT stocks following positive remarks from Donald Trump on India and Infosys' share buyback announcement. The NSE Nifty closed above 25,000, fueling optimism for further gains, while the Volatility Index declined, signaling reduced market risk. Domestic equities posted gains for a second week, led by upsides in beaten-down information technology (IT) shares following Donald Trump's conciliatory remarks on India ...Read More >
Mumbai: Benchmark equity indices Sensex and Nifty recorded marginal gains in early trade on Monday but later faced highly volatile trends and were quoting flat amid profit-taking after a sharp rally last week. Markets are awaiting the outcome of this week's US Federal Reserve policy meeting. The 30-share BSE Sensex went up by 93.81 points to 81,998.51 in early trade. The 50-share NSE Nifty edged higher by 24.45 points to 25,138.45. Later, the BSE benchmark quoted 10.06 points down at 81,904.31, ...Read More >
Mumbai: Indian stock markets opened flat with a slight positive bias on Monday morning. Investors remained cautious as they wait for the outcome of the US Federal Reserve meeting. Still, some confidence came from better inflation numbers in India and hopes that the US might cut interest rates soon. At 9:30 am, the Sensex was up 4.5 points at 81,909, while the Nifty rose 4.15 points to 25,118. The gains were very small, but the overall mood was stable. Mid and Small-Cap Stocks Do Better Even t ...Read More >
Mumbai, Sep 15 (PTI) Benchmark equity indices Sensex and Nifty recorded marginal gains in early trade on Monday but later faced highly volatile trends and were quoting flat amid profit-taking after a sharp rally last week. Markets are awaiting outcome of this week's US Federal Reserve policy meeting. The 30-share BSE Sensex went up by 93.81 points to 81,998.51 in early trade. The 50-share NSE Nifty edged higher by 24.45 points to 25,138.45. Later, the BSE benchmark quoted 10.06 points down at ...Read More >
Mumbai, Sep 15 (SocialNews.XYZ) The Indian benchmark indices opened on the flat note with a positive bias on Monday, on the back of positive domestic inflation data and growing expectations of a US Federal Reserve rate cut. As of 9.30 am, the Sensex was up 4.5 points or 0.005 per cent at 81,909, and the Nifty was up 4.15 points or 0.017 per cent at 25,118. The broadcap indices outperformed benchmark indices, as Nifty Midcap 100 inched up by 0.26 per cent, and the Nifty Small cap 100 moved up 0 ...Read More >
New Delhi [India], September 15 (ANI): Indian stock markets opened almost flat in green on Monday as investors remained cautious ahead of several key monetary policy decisions scheduled this week by global central banks. The Nifty 50 index opened at 25,118.90, registering a marginal gain of 4.90 points or 0.02 per cent. The BSE Sensex also moved slightly higher, opening at 81,925.51 with a gain of 20.81 points or 0.03 per cent. Market experts noted that this week is crucial as 16 central banks ...Read More >
New Delhi [India], September 15 (ANI): Indian stock markets opened almost flat in green on Monday as investors remained cautious ahead of several key monetary policy decisions scheduled this week by global central banks. The Nifty 50 index opened at 25,118.90, registering a marginal gain of 4.90 points or 0.02 per cent. The BSE Sensex also moved slightly higher, opening at 81,925.51 with a gain of 20.81 points or 0.03 per cent. Market experts noted that this week is crucial as 16 central banks ...Read More >
Mumbai, September 8: The Indian equity indices ended the session slightly up on Monday, amid buying in auto and metal stocks. The domestic indices soared high in the early trade, boosted by the GST reforms announcement, optimism around the ease in India-US relationship, and the rate cut announced by major Indian automakers. However, the indices lost most of their gains in the last trading hours due to a sell-off in IT heavyweights and profit booking. Sensex closed at 80,787.30, up 76.54 points ...Read More >
Mumbai: The Indian equity indices fell sharply to end the session nearly one per cent lower on Thursday -- a day after the 50 per cent US tariffs on Indian goods came into effect. Sensex ended the session at 80,080.57, down 705 points or 0.87 per cent. The 30-share index started the session in negative territory at 80,754 against last session's closing of 80,786.54 amid selling across the sectors. The Index further extended the losing momentum to hit an intra-day low at 80,013.02 following the ...Read More >
Mumbai, Aug 28 (SocialNews.XYZ) The Indian equity indices fell sharply to end the session nearly one per cent lower on Thursday -- a day after the 50 per cent US tariffs on Indian goods came into effect. Sensex ended the session at 80,080.57, down 705 points or 0.87 per cent. The 30-share index started the session in negative territory at 80,754 against last session's closing of 80,786.54 amid selling across the sectors. The Index further extended the losing momentum to hit an intra-day low at ...Read More >
Indian benchmark indices Sensex and Nifty experienced a downturn at the opening on Tuesday. This decline was triggered by concerns regarding potential U.S. trade measures, specifically the proposed tariffs of up to 50% on Indian goods. India's benchmark indices Sensex and Nifty slipped at the open on Tuesday, pressured by worries over U.S. trade measures after the United States issued a draft notice proposing tariffs of as much as 50% on Indian goods starting Wednesday. At 9:32 AM, the S&P BSE ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
Mumbai, Aug 26 (PTI) Benchmark BSE Sensex tumbled 849 points to close below the 81,000 level on Tuesday due to widespread selling pressure after the US issued a draft notice on the implementation of an additional 25 per cent tariff on Indian products. The 30-share BSE Sensex tumbled 849.37 points, or 1.04 per cent, to close at 80,786.54 with 25 of its constituents ending lower and five with gains. During the day, the index nosedived 949.93 points, or 1.16 per cent, to hit a low of 80,685.98. T ...Read More >
Benchmark indices rebounded on Monday, with the BSE Sensex climbing 329 points, tracking a rally in global equity markets, on hopes of a potential US Federal Reserve rate cut. Photograph: Shailesh Andrade/Reuters Buying in IT stocks were also instrumental in driving the markets higher. The 30-share BSE Sensex climbed 329.06 points or 0.40 per cent to settle at 81,635.91. During the day, it jumped 492.21 points or 0.60 per cent to 81,799.06. The 50-share NSE Nifty went up by 97.65 points or ...Read More >
Mumbai: Benchmark indices Sensex and Nifty rallied in early trade on Thursday amid buying in blue-chip stocks such as HDFC Bank and TCS, along with a positive trend in the US markets. Extending its previous day's rally, the 30-share BSE Sensex climbed 154.07 points to 80,693.98 in early trade. The 50-share NSE Nifty went up by 45 points to 24,664.35. From the Sensex firms, Infosys, Sun Pharma, Asian Paints, HDFC Bank, Maruti and Tata Consultancy Services (TCS) were among the major gainers. Howe ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >
Mumbai: Benchmark indices Sensex and Nifty rallied in early trade on Thursday amid buying in blue-chip stocks such as HDFC Bank and TCS, along with a positive trend in the US markets. Extending its previous day's rally, the 30-share BSE Sensex climbed 154.07 points to 80,693.98 in early trade. The 50-share NSE Nifty went up by 45 points to 24,664.35. From the Sensex firms, Infosys, Sun Pharma, Asian Paints, HDFC Bank, Maruti and Tata Consultancy Services (TCS) were among the major gainers. Ho ...Read More >
Investing.com - India stocks were higher after the close on Monday, as gains in the Metals, Real Estate and Auto sectors led shares higher. At the close in NSE, the Nifty 50 rose 0.64%, while the BSE Sensex 30 index climbed 0.52%. The best performers of the session on the Nifty 50 were Hero MotoCorp Ltd (NSE:HROM), which rose 5.34% or 230.30 points to trade at 4,541.90 at the close. Meanwhile, Tata Steel Ltd (NSE:TISC) added 4.08% or 6.24 points to end at 159.25 and Adani Ports and Special Eco ...Read More >
Mumbai, Aug 6 (PTI): Falling for the second day, benchmark BSE Sensex declined by 160 points on Wednesday due to selling in IT and healthcare shares amid the RBI policy decision to keep the key interest rates unchanged. The 30-share BSE Sensex fell 166.26 points or 0.21 per cent to settle at 80,543.99 with 18 of its constituents ending lower and 12 with gains. During the day, it declined 261.43 points or 0.32 per cent to hit a low of 80,448.82. The 50-share NSE Nifty dipped 75.35 points or 0.3 ...Read More >
New Delhi [India], August 6 (ANI): Indian stock benchmarks oscillated in a narrow range on Wednesday, ending the day marginally lower, highlighting widespread profit booking and cautious investor behaviour amid Trump tariffs uncertainty.Sensex closed the day at 80,543.99 points, down 166.26 points or 0.21 per cent, while Nifty closed at 24,574.20 points, down 75.35 points or 0.31 per cent.The RBI monetary policy announcements, largely in line with expectations, had hardly any impact on the marke ...Read More >
Torrent Pharmaceuticals is looking to acquire J B Chemicals and Pharmaceuticals. The deal is worth Rs 19,500 crore. The company has sought clearance from the Competition Commission of India. After the deal, Torrent will become India's second most valued pharma company. Torrent will acquire a 46.39 per cent stake from Tau Investment. It will also buy 2. Ahmedabad-based Torrent Pharmaceuticals has sought fair trade regulator CCI's clearance to acquire a majority stake in in J B Chemicals and Phar ...Read More >
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