Asia

WeWork India clocks nearly Rs 131 crore loss in FY24, expenses up by 19 pc

WeWork India sets IPO price band, targets valuation of $979.61 million

WeWork India Management has set a price band of Rs 615-648 per share on Monday for its initial public offering, targeting a valuation of $979.61 million, according to Reuters calculations.

42 minutes ago

Trump says no tariffs on gold imports, extends China tariff deadline

Gold peaks historic high; races past $3,800/oz level amid softer dollar, rate-cut bets lift appeal

Gold surged above the key $3,800-per-ounce level for the first time ever on Monday, supported by a weaker dollar and growing expectations that the Federal Reserve will cut interest rates further this year.

46 minutes ago

Sensex, Nifty open with gains as potential rate cut in US boosts sentiment

Next Week in Focus: RBI MPC, FII Trends, India-US Trade Deal Could Influence Market Moves

Market watchers anticipate a 25-basis-point (bps) rate cut in the upcoming policy. Currently, the repo rate stands at 5.5 per cent. The RBI had left the policy rate unchanged in the previous review, but since February 2025, it has lowered the repo rate by nearly one percentage point.

21 hours ago

H-1B, pharma tariff jitters drag Nifty and Sensex lower this week

The IT index came under early pressure amid concerns over rising H-1B visa costs. Shares of Indian pharmaceutical companies fell on Friday after US President Donald Trump announced tariffs of up to 100 per cent on imports of branded and patented pharmaceutical drugs, starting October 1.

1 day ago

Indian stock market opens in red, IT stocks drag

Stock market ends sharply lower over US pharma tariffs, Nifty below 24,700

Sensex ended the session at 80,426.46, down 733.22 points or 0.90 per cent. The 30-share index started the session a bit lower at 80,956.01 against last session's closing of 81,159.68. The index further extended the loss amid overall selling to hit an intraday low of 80,332.41.

2 days ago

Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

Sensex, Nifty open lower over Trump's tariffs on pharma imports

Apart from drugs, President Trump announced a 50 per cent duty on imports of kitchen cabinets and bathroom vanities, 30 per cent on upholstered furniture, and 25 per cent on heavy trucks.

3 days ago

India's mainboard IPO listings touch 28-year high; SME listings set new record

A total of 25 IPOs raised over Rs 13,300 crore during the month. Meanwhile, SMEs raised Rs 9,129 crore through 207 listings, surpassing previous annual fundraising records with a quarter of the year still remaining.

3 days ago

Stock market ends lower amid profit booking, selling in IT stocks

Sensex ended the session at 81,159.68, down 555.95 points or 0.68 per cent. The 30-share index started the session under pressure at 81,574.31 against the last session's closing of 81,715.63 amid overall selling. The index dragged further to hit an intraday low at 81,092.89.

3 days ago

Unique registered investor base on NSE crosses 12 crore, 1 in 4 are women

The total number of investor accounts (Unique Client Codes) registered with NSE stands at 23.5 crore (as of September 23), having crossed the 23 crore mark in July 2025. It includes all client registrations done till date and clients can register with more than one trading member.

4 days ago

MCX Gold opens slightly lower, Silver rebounds 0.31%

MCX gold rate for December expiry declined Rs 122, or 0.11 per cent, at Rs 1,13,525 per 10 grams, down from Wednesday's close of Rs 1,13,647.

4 days ago

Indian oil refiners boosting exports to record highs amid surging demand, ethanol blending

Indian oil refiners are increasing gasoline and diesel exports to their highest levels in several years, driven by expanded crude processing capacity and increased domestic ethanol blending that has freed up fuel supplies for overseas markets, traders and analysts said.

4 days ago

HSBC upgrades Indian equities to overweight from neutral

Although foreign funds have withdrawn significant amounts from India in the last 12 months, a period in which the market has seriously underperformed, local investors have remained resilient, according to the report.

4 days ago

Stock market ends flat; auto shares surge as IT and FMCG decline

Stock market ends lower as IT, auto and banking shares fall

Sensex ended the session at 81,715.63, down 386.47 points or 0.47 per cent. The 30-share index opened slightly lower at 81,917.56 against the last session's closing of 82,102.10. The index slipped further amid selling across major sectors to hit an intra-day low at 81,607.84.

4 days ago

Shaktikanta Das 25th governor of the Reserve Bank of India (RBI)

RBI urges banks to step up efforts to return crores in unclaimed deposits

Balances in savings and current accounts that remain inoperative for ten years, or term deposits not claimed within ten years from the date of maturity, are classified as unclaimed deposits and subsequently transferred by banks to the DEA fund maintained by the central bank.

5 days ago

Sensex, Nifty open lower amid weak global cues

Investor sentiments were weighed down by comments from US Fed Chair Jerome Powell about stagflation risks and elevated asset prices. Additionally, the impact of US visa curbs, ongoing foreign outflows, and persistent valuation concerns in domestic markets acted as headwinds for the stock exchanges.

5 days ago

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