Nifty, Sensex post sharp losses amid elevated crude oil prices

Nifty, Sensex post sharp losses amid elevated crude oil prices

Indian stock markets witnessed sharp losses as elevated crude oil prices heightened concerns over inflation, economic growth and corporate costs. Rising oil prices amid geopolitical tensions in the Middle East weighed on investor sentiment, putting pressure on benchmark indices Sensex and Nifty. 2 days ago
Industry backs RBI, govt measures to support rupee, attract long-term capital

Industry backs RBI, govt measures to support rupee, attract long-term capital

The industry body highlighted India's strong macroeconomic fundamentals, healthy forex reserves and projected GDP growth of 7.1% for FY27. It also welcomed tax exemptions for foreign portfolio investors in government securities and called for simpler tax rules and incentives to encourage long-term equity investments. 5 days ago