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Sensex tanks 826 points as US yield hits 5% after 16 years

India Business News: The Sensex fell by 826 points due to global factors and a rise in US 10-year treasury bill yields. The Nifty also lost 261 points. Investors are close Key Points

Times Of India

Rupee declines 9 paise to 82.05 against dollar amid geopolitical worries

India Business News: The rupee declined by 9 paise to close at 82.04 (provisional) against the US dollar on Monday amid geopolitical concerns and firming crude oil prices. Key Points

Times Of India

Bhadohi police attach property of former MLA Vijay Mishra’s aide

Bhadohi police attached property of close aide of mafioso-turned politician and former MLA Vijay Mishra in Jhalwa area on Thursday. The property of Mishra’s close aide Hanuman Sewak Pandey has been seized under Gangster Act, officials said. Key Points

Hindustan Times

Amic Forging, Graphisads among 6 SME IPOs set to hit the Street this week. Check details

Dalal Street is gearing up for another busy week in the primary market as six small and medium enterprises (SME) IPOs to hit the primary market this week. However, Swashthik Plascon has already opened for subscription and will close this week. The Rs 31.73 crore initial public offering of Amic Forging will open for subscription on Wednesday Key Points

Economic Times

Pause in rate hikes fails to trigger stock rally

The 30-share Sensex gained 143.66 points, or 0.24%, to close at 59,832.97. It has gained close to 2,220 points, or 3.85%, in the last five sessions, during which investor wealth has increased by Rs 10.43 trillion. Key Points

Financialexpress

Dalal Street indices climb to 2023 peak

The Sensex ended at a four-and-a-half month high of 61,749.25, up 555.95 points, or 0.91%, from Wednesday's close. The Nifty advanced 165.95 points, or 0.92%, from the previous close to end at 18,255.80 - the highest since December 21 last year. Key Points

Economic Times

Markets rebound after 4 days of slump; Sensex rallies 599 pts

Stock markets rebounded from early lows to close higher on Friday, snapping the four-day losing streak on heavy value buying in banking and... Key Points

The Tribune India

Taylor Swift turns 34! Paparazzi wishes her Happy Birthday as she steps out with Blake Lively and friends:

Taylor Swift, who earlier celebrated with friend Selena Gomez, continued her birthday revelry with another close companion, Blake Lively. The duo, accompanied by friends, made a stylish entrance, stepping out of a luxurious sedan with an air of sophistication. Key Points

Economic Times

Nykaa surges 8% on reports of block deal worth Rs 75 crore

Shares of Nykaa jumped 7.86% on reports of 5.54 million shares changing hands in block deals worth Rs 75 crore. Key Points

Financialexpress

Potentially hazardous asteroid to come close to Earth today

An asteroid is classified as a near-Earth object when its distance from our planet is less than 1.3 times the distance from Earth to the Sun. Key Points

India Today

Markets log gains for third day on buying in HDFC Bank, M&M amid firm global trends

Shares of HDFC Bank surged 2.15 per cent to close at Rs 1,413.75 apiece against its previous close. Equity benchmark Sensex climbed over 225 points to reclaim... Key Points

The Tribune India

Madhya Pradesh Election 2023 Winner List: All latest poll result updates and top highlights so far

Madhya Pradesh Assembly Election 2023 Full Winner List: The state recorded a high turnout rate of 76.22 percent in 2023, crossing the last election's voting numbers of 74.97 percent. Over 5.59 lakh voters were eligible to cast their votes in this election. Key Points

Economic Times

For times when bears attempt a comeback! 7 largecap stocks from with right mix of RoE & RoCE

Monday’s trading session will start with the global market reacting to the development which took place in the middle east over the weekend. Both equity and commodities, especially oil prices will react. Given that valuations are not very cheap and we are close to the second quarter earning season getting started, it would be better that one should wait for some time before taking any decision, both to buy or sell. Also over the next couple of days if one is buying it would be better to stick to large cap stocks that too with more checks and balances put in place. Key Points

Economic Times

SBI, HDFC Bank FDs: How to close fixed deposit online

Depending on the tenure and amount, FD interest rate varies. However, in cases where there is a premature withdrawal, the bank may charge a penalty if withdrawn before a set period. Key Points

Economic Times

Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 23%

As broader market indices witness minor consolidation, which normally happens when they are close to all time high as some resistance is bound to come. Some stocks have witnessed consistent improvement in their scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points

Economic Times

ideaForge IPO price band announced, issue opens on 26 June; check size, listing date, other details

ideaForge’s initial public offer will open for subscription on Monday, June 26 and close on Thursday June 29. The stock is expected to list on NSE and BSE on Friday July 7. Key Points

Financialexpress

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 25%

As broader market indices witness minor consolidation, which normally happens when they are close to all time high as some resistance is bound to come. Some stocks have witnessed consistent improvement in their scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points

Economic Times

Luxury resort on Dubai’s Palm Islands close to selling for $280 million

Anantara The Palm Dubai, a luxurious resort on one of the city’s famous artificial tree-shaped islands, is close to being sold for 1.1 billion dirhams. | Travel Key Points

Hindustan Times

Rupee falls 15 paise to 82.31 against U.S. dollar

It finally ended at 82.31 (provisional), registering a fall of 15 paise over its previous close of 82.16. Key Points

The Hindu

Technical Breakout Stocks: How to trade Colgate-Palmolive, HUL and UPL on Friday

The Nifty50 rose 148 points to close at 22,146 while the S&P BSE Sensex rose 335 points to close at 73,097. Sectorally, buying was seen in telecom, utilities, oil & gas, and power stocks while selling was seen in banking stocks. Key Points

Economic Times

Global cues lift mkts 1.2%

The National Stock Exchange’s Nifty 50 gained 1.19% to close at 19,675.45, while the BSE’s 30-stock Sensex rose 1.14% to close at 65,675.93 Key Points

mint

Rupee poised to test record low as oil prices, US yields climb

The Indian rupee is likely to open near its record low levels on Thursday with the surge in crude oil prices and rising U.S. treasury yields expected to hurt the local unit. Key Points

Reuters

Rupee declines 8 paise against dollar amid geopolitical worries

Mumbai, Jan 26 (PTI) The rupee declined by 8 paise to close at 82.04 against the US dollar on Monday amid geopolitical concerns and firming crude oil prices. Volatility in equity markets and FII outflows also weighed on the market sentiment, analysts said. After opening lower, the rupee staged a recovery to hit the day’s […] Key Points

ThePrint

Elephant attacks woman, sends her flying after she gets too close

A video of an elephant attacking a woman after she gets too close to it has prompted a chatter on X. Many argued that the woman was at fault. | Trending Key Points

Hindustan Times

Bengal's Sandeshkhali on edge, 8 detained

Eight detained in Sandeshkhali violence. Trinamool leader's aide's poultry farm set on fire. Strong action promised against those taking law into their hands. Police deployed despite remote area. Key Points

Economic Times

Rupee recovers 10 paise against US dollar as rate hike fear eases

Mumbai, Dec 14 (PTI) The rupee recovered from all-time lows to close at 83.30 against the US dollar on Thursday, gaining 10 paise as the greenback weakened in the overseas markets following signals that rate hikes by the US Federal Reserve were over. A stellar rally in domestic equities fuelled by foreign fund inflows also […] Key Points

ThePrint

Tata Tech IPO, FII flows among 7 factors that will steer D-Street this week

Two other major IPOs to look out for are Mini Ratna company Indian Renewable Energy Development Agency, and Fedbank Financial Services. As for the Nifty50, analysts expect the index to remain in a consolidation phase until it decisively breaches the 19,850 mark. On Friday, the index ended 0.2% down at 19,731.80 points. Key Points

Economic Times

Markets take U-turn on hopes of localized Israel-Hamas war

The Nifty gained nine-tenths of a percent, the most in over a month, to close at 19,689.85, while the Sensex posted the highest gain in over three months, rising 0.87% to 66,079.36 on Tuesday. Key Points

mint

Six smallcap stocks surged over 50% in September. Do you own any?

The main trigger for the company was that it developed its own branded Laptop and Micro PC in the market that matches international quality and performance. ITI Ltd was followed by Omaxe, whose shares gained 64% and Jai Balaji Industries, which rose 61% in September. IFCI, GTL Infrastructure and NIIT are the other stocks in the smallcap pack which have delivered over 50% returns to investors in September. Key Points

Economic Times

VIDEO | Wildfires in Italy's Sicily put lives in danger, people flee island

Posting the video on Twitter a user wrote, “Extremely dangerous situation in Sicily. Wildfire burning close to cars driving on the highway.” | World News Key Points

Hindustan Times

Gold near 3-month lows as Powell sticks to rate-hike script

By Arundhati Sarkar (Reuters) - Gold prices on Thursday hovered close to a three-month low hit in the previous session on renewed talks of interest rate hikes by the U.S. Federal Reserve, but a softer Key Points

ThePrint

OpenAI not working on GPT5: Sam Altman

Speaking at an event organised by The Economic Times in New Delhi, Altman said, “We have a lot of work to do before GPT5. It takes a lot of time. We are nowhere close to it.” Key Points

Economic Times

Apple set for record high ahead of mixed-reality headset launch

Apple Inc. is on pace to close at a record high ahead of its most significant product launch event in nearly a decade, after benefiting from a broader rotation back into technology stocks. Key Points

mint

Rupee falls 4 paise to close at 82.64 against U.S. dollar

The rupee depreciated 4 paise to close at 82.64 (provisional) against the U.S. dollar on May 29, tracking a strong American currency against major rivals overseas. Key Points

The Hindu

Sanjana Sanghi's EXCLUSIVE interview on IIFA and her favourite IIFA moments

Sanjana Sanghi made her debut with Dil Bechara in 2020 as a leading lady. She was also seen in Rockstar (2011) and Fukrey Returns (2017) and last year with Aditya Roy Kapur in Rashtriya Kavach Om. She’s all geared up for IIFA 2023 and talks exclusively to Firstpost about the same Key Points

Firstpost

US stocks close higher on optimism of debt ceiling deal

International Business News: US stock indexes rose on Friday amid the optimism of avoiding a catastrophic US debt default. The S&P 500 increased by 1.3% to 4,205.45, the Dow Jones Key Points

Times Of India

Indian stocks to gain only modestly in 2023 despite RBI rate hike pause: Poll

Indian equity strategists have scaled back their year-end outlook as a new bull run in India's already-richly valued stock market is unlikely, according to a Reuters poll. The Sensex and Nifty 50 indexes were expected to gain 3.8% and 4.6%, respectively, from Tuesday's close to end-2023, slightly downgraded from a February poll. Over 70% of analysts believe Indian stocks will trade in a narrow range for the next three months. While an end to the RBI's modest rate-hiking cycle was positive, the high probability of a U.S. recession this year is likely to limit Indian stocks' gains. Key Points

Economic Times

Oil heads for third straight weekly loss as economic worries persist

Oil prices held steady in early trading on Friday, but were set for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand. Key Points

Reuters

Exclusive: India mulls new valuation norms for angel tax; Amazon-Samara eyes stake sale in More Retail

India is considering using valuation criterion established by the Foreign Exchange Management Act (FEMA) for angel tax on foreign investments, a move that could potentially bring relief to Indian startups. This and more in todays ETtech Morning Dispatch, which is loaded with exclusives you won't find anywhere else. Key Points

Economic Times

Rupee rises 8 paise to close at 82.09 against US dollar

Rising for the second straight session, the rupee appreciated 8 paise to close at 82.09 (provisional) against the US dollar on Friday, supported by softening crude oil prices in the international markets. Key Points

Financialexpress

Market to focus on US, Europe GDP data, domestic auto sales, March expiry; buy these two stocks for gains

Sensex slipped 463 points to close at 57527 or 1% while Nifty dropped 155 points or nearly 1% to close at below 17k level or 16945. Nifty and Sensex declined nearly 4% in the three consecutive week. Key Points

Financialexpress

India's exports in FY23 to reach about $770 billion: Minister Anupriya Patel

We are focusing in every possible way on how we can export more and more because today India's share in global merchandise trade is close to 1.8 per cent. As far as services trade is concerned, it is just 4 per cent. We want to take it to 10 per cent, Patel said at the Sourcex India event in New Delhi. Key Points

Economic Times

'Just because I am close to Brij Bhushan doesn't mean...': Wrestling body chief

The newly elected Wrestling Federation of India (WFI) chief Sanjay Singh broke his silence on ace wrestler Sakshee Malikkh's decision to call it quits with the sport. He also addressed his close ties with outgoing WFI chief Brij Bhushan Sharan Singh. Key Points

India Today

Rupee falls 4 paise to close at 83.33 against US dollar

Mumbai, Mar 27 (PTI) The rupee declined by 4 paise to close at 83.33 against the US dollar on Wednesday, tracking a strong American currency against major rivals overseas and weak Asian peers. However, foreign fund inflows, a surge in domestic markets and a decline in crude oil prices cushioned the downside, forex traders said. […] Key Points

ThePrint

IPO calendar: 7 new issues to hit Dalal Street next week; 8 stocks to list

Seven IPOs, including Popular Vehicles and Krystal Integrated, will open for subscription next week. RK Swamy Ltd, VR Infraspace, Sona Machinery, JB Chemicals, Shree Karni Fabcom, Kourna Fine Diamond, Gopal Snacks, and Pune E-Stock Broking will make their debuts on Dalal Street. Key Points

Economic Times

India monitors Chinese infrastructure on Coco Islands

China is reportedly involved in expanding an airstrip and aircraft hangar in Coco Islands located close to Andaman and Nicobar Islands. Chinese engineers and military personnel have reportedly been spotted on the islands in recent years, according to people familiar with the developments. Key Points

Economic Times

Asteroid that could wipe out a city is near, but don’t fear

NASA said it’s rare for an asteroid so big to come so close — about once a decade. Scientists estimate its size somewhere between 130 feet and 300 feet (40 meters and 90 meters). Key Points

The Indian Express

Sensex, Nifty close at record high, Adani Enterprises gains over 8%

The S&P BSE Sensex settled 1.61% higher at 75,418.04, marking its highest closing level ever, while NSE Nifty50 gained 1.64% to close at a record 22,967.65. Key Points

India Today

Technical Breakout Stocks: How to trade CRISIL, HFCL and EIH Hotels on Wednesday

The Nifty50 index rose 74 points to close at 22,196. It hit a fresh record high of 22,251 intraday. The S&P BSE Sensex rallied more than 300 points. Sectorally, buying was seen in banks, realty, power and utilities while IT, auto and metal stocks saw some selling pressure. Key Points

Economic Times

Gold falls Rs 80; silver tumbles Rs 700

New Delhi, Dec 13 (PTI) Gold prices slipped Rs 80 to Rs 61,820 per 10 grams in the national capital on Wednesday amid weak global cues, according to HDFC Securities. The precious metal had closed at Rs 61,900 in its previous close. Silver also tumbled Rs 700 to Rs 75,050 per kilogram. Show Full Article […] Key Points

ThePrint