Business news

Indian stock market opens in red, IT stocks drag

Stock market ends lower on 3rd consecutive trading day as weak global cues continue

Sensex ended 636.24 points or 0.78 percent down at 80,737.51 while the Nifty was down 174.10 points or 0.70 percent at 24,542.50.

Jun 3, 2025

Sensex, Nifty extend winning streak to 7th day in a row

Nifty Bank hits new milestone, crosses 56,000 ahead of RBI MPC

On Tuesday morning, the index reached a peak of 56,161.40, marking a significant achievement in the Indian financial markets. This surge was primarily fueled by strong buying activity in select banking stocks.

Jun 3, 2025

Microsoft lays off more employees after firing 3,000 employees in AI era

Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era.

Jun 3, 2025

India's real estate sector attracted investment of $11.4 billion in 2024: Report

Another RBI rate cut to spark affordable real estate momentum: Experts

Given the prevailing benign inflation environment and the GDP growth of 6.5 per cent recorded in FY2025, the Reserve Bank is likely to proceed with a 25-bps repo rate cut this Friday (June 6).

Jun 3, 2025

Indian stock market opens flat amid mixed global cues

Sensex, Nifty open a tad lower amid consolidation phase

Indian equity indices opened a tad lower on Tuesday as heavyweights like L&T and Bajaj Finance were trading in the red.

Jun 3, 2025

Indian stock market opens higher, Sensex above 79,500

Nifty realty, PSU banks lead gains amid global worries; Nifty IT, metal hit

The initial slump earlier in the day was primarily triggered by US President Donald Trump's announcement of increased tariffs on steel imports, which are set to rise from 25 percent to 50 percent, effective June 4.

Jun 2, 2025

Nifty, Sensex open lower amid negative global cues

The Indian stock market opened in the red on Monday following negative cues from the global markets.

Jun 2, 2025

RBI may go for 50 bps jumbo rate cut to counter uncertainty: SBI report

With liquidity in an extended surplus mode, liabilities are getting repriced faster in the current rate-easing cycle. Banks have already reduced interest rates on savings accounts to the floor rate of 2.70 per cent.

Jun 2, 2025

Indian stock market sees over Rs 30,000 crore foreign investments in May

Foreign investors pumped in more than Rs 30,000 crore in the Indian stock and debt market in May, amid the possibility of a bilateral trade deal with the US soon, a weak US dollar and better-than-expected domestic corporate earnings.

Jun 2, 2025

Credit card usage in India grows as consumers finance consumption needs

Credit card, banking charges to get costlier from July 1; here are revised rates for bank transactions

Starting July 1, major private sector banks like HDFC Bank and ICICI Bank will increase charges on various credit card and banking services.

Jun 1, 2025

GIFT Nifty sets all-time high monthly turnover of $100.93 billion in April

GIFT Nifty clocks all-time high monthly turnover of $102.35 billion in May

GIFT Nifty has recorded the highest-ever monthly turnover of $102.35 billion (Rs 8,75, 098 crore) with 2.10 million contracts during May, it was announced on Sunday.

Jun 1, 2025

Flipkart's B2B App 'Flipkart Reset for Business' to Empower Sellers of Refurbished Products

What to expect from Flipkart's Glam Up Fest 2025; AI takes centerstage

Flipkart is hosting the third edition of Glam Up Fest 2025, featuring over 100 beauty brands and expecting 6,000 influencers. The event will showcase tech-led solutions like AI-powered skin diagnostics and Virtual Try-On.

May 29, 2025

Indian stock market opens flat amid mixed global cues

The domestic benchmark indices opened marginally lower on Wednesday amid mixed global cues as selling was seen in the FMCG and auto sectors in the early trade.

May 28, 2025

Indian stock market ends lower over profit booking

The Indian stock market closed in the red on Tuesday due to profit booking, driven by valuation concerns and weakness across the Asian markets.

May 27, 2025

Sensex surges over 2,100 pts, Nifty above 24,650

Indian stock market opens higher, Sensex surges 640 points

The domestic benchmark indices opened higher on Monday as India achieving a new high in the world's largest economy ranking boosted investors' sentiment.

May 26, 2025