Business news

Indian stock market opens higher, Sensex above 83,400

Indian stock market settles lower amid selling in IT and metal stocks

Sensex settled at 83,536.08, down 176.43 points or 0.21 per cent. The 30-share index opened in negative territory at 83,625.89 against the last session's closing of 83,712.51. However, it showed some volatility, hitting an intra-day high at 83,781.36 before closing.

Jul 9, 2025

SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore

The overall net assets under management (AUM) of the mutual fund industry rose to an all-time high of Rs 74.41 lakh crore as against Rs 72.20 lakh crore in May and Rs 69.99 lakh crore in April, according to the AMFI data.

Jul 9, 2025

Sensex ends lower in volatile session as Mideast tensions flare up

Indian stock market opens lower amid mixed global cues

US President Trump called for up to 200 per cent tariffs on pharmaceuticals and 50 per cent tariffs on copper products. Copper futures jumped over 17 per cent before pulling back slightly. The copper tariffs look more imminent, with Trump indicating that the drug tariffs were still a ways off, said Vikram Kasat, Head-Advisory, PL Capital.

Jul 9, 2025

Indian exporters hail US decision to extend tariff hike deadline to August 1

Director General of the Federation of Indian Export Organisations (FIEO) Ajay Sahai said that this deferment of the imposition of reciprocal tariffs reflects the US's willingness to engage constructively with its trading partners.

Jul 8, 2025

Adani Electricity ramps up fight against power theft in FY25, to further intensify efforts

Additionally, there was a 3 per cent increase in the number of power theft cases booked. During raids, 60.90 tonnes of illegal wires were recovered. A total theft of 23.76 million units, amounting to Rs. 44.92 crore was assessed.

Jul 8, 2025

Indian market settles in positive territory as 'mini' India-US deal inches closer

The Indian equity market remained largely range-bound as investors awaited definitive progress on the India-US trade agreement, said analysts.

Jul 8, 2025

Stock market trades higher ahead of India-US trade deal

Buying was seen in the IT, PSU bank and financial service sectors. According to analysts, the announcement of unilateral tariffs on 14 countries and the exclusion of India from the list indicate that a trade deal between India and US will be announced soon.

Jul 8, 2025

15 pc of $23 trillion global gold market now held in India: Report

In India, the Reserve Bank of India's total gold holdings amount to 880 metric tonnes, according to the latest data. It has not added to its gold stash in FY26 yet, likely waiting for the softening of the safe-haven asset prices that surged more than 80 per cent in five years amid geopolitical and trade uncertainties.

Jul 7, 2025

IPO-bound Smartworks' losses swell 21 pc to over Rs 63 crore in FY25

Of the total funds raised, about Rs 226 crore will go toward capital expenditures for security deposits and fit-outs in new centres, Rs 114 crore will go toward loan repayments, and the remaining sum will be used for general business needs.

Jul 7, 2025

Indian stock market opens marginally lower amid mixed global cues

Stock market ends flat as investors await clarity on India-US trade deal

The majority of broader indices closed in negative territory, with the Nifty Midcap 100 declining 0.27 per cent or 162 points and the Nifty Smallcap 100 down 0.44 per cent or 82.90 points. Nifty FMCG and Nifty 100 surged.

Jul 7, 2025

Indian stock market opens marginally lower amid mixed global cues

At around 9.28 am, Sensex was trading 75.59 points or 0.09 per cent down at 83,357.30 while the Nifty declined 18.25 points or 0.07 per cent at 25,442.75.

Jul 7, 2025

Sensex closes in green during volatile trade, Nifty ends at 24,336

Market outlook: India-US trade deal, Q1 FY26 earnings key drivers this week

The weekly chart indicates rejection at higher levels; however, the index has managed to hold above the crucial 57,000 mark. The selling pressure at higher levels suggests a potential pause in the ongoing uptrend, indicating a likely sideways phase in the near term, said the Choice Broking note.

Jul 6, 2025

FM Sitharaman discusses strategic partnerships with BRICS Finance Ministers

Finance Minister Nirmala Sitharaman, during her meetings with BRICS counterparts here, discussed issues of bilateral cooperation, including cooperation in multiple sectors to further strengthen strategic partnerships, according to an official statement.

Jul 6, 2025

'Resilient economy': India's forex reserves cross $700 billion mark again

This is the first time in nine months that India's forex reserves have gone above the $700 billion level. The reserves had last touched an all-time high of $704.88 billion in end-September 2024.

Jul 4, 2025

Tax benefits available under NPS will apply to UPS: Finance Ministry

The inclusion of the UPS under the tax framework marks another step forward in the government's effort to strengthen retirement security for Central government employees through transparent, flexible and tax-efficient options, the Finance Ministry said.

Jul 4, 2025