Markets

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.

Sep 24, 2025

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.

Sep 24, 2025

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.

Sep 24, 2025

ICICI Bank to clear cheques on same day from Oct 4 following RBI's directive

The action is consistent with the Reserve Bank of India's (RBI) new cheque clearing system, which aims to expedite settlements. The previous batch-based procedure will be replaced by the new framework, which will clear cheque within hours of submission.

Sep 23, 2025

Sensex, Nifty open lower amid uncertainty around Trump tariffs

Stock market settles flat, auto and financial services stock gain

Sensex ended the session at 82,102.10, down 57.87 points or 0.07 per cent. The 30-share index started the session flat at 82,147.37 against last session's closing of 82,159.97. The index remained range-bound amid selling in IT and FMCG stocks.

Sep 23, 2025

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

Indian stock market opens marginally up, Sensex above 82,000

Nifty Bank was down 26.30 points or 0.05 per cent at 55,258.45. The Nifty Midcap 100 index was trading at 58,686.55 after dropping 12.95 points or 0.02 per cent. Nifty Smallcap 100 index was at 18,293.15 after gaining 4.25 points or 0.02 per cent.

Sep 23, 2025

GST rationalisation to benefit poor, middle class, entrepreneurs: FM Sitharaman

"We should all work to accelerate growth, make it easy for business to function and be attractive for investment. Such a big tax reform became possible by taking all states together, since 2017," said the finance minister, citing Prime Minister Narendra Modi's address to the nation on Sunday.

Sep 22, 2025

FII selling moderates amid India's market rally; sentiments to improve

It is important to note that FIIs have been consistently buying through the primary market even while selling through the exchanges, and they have bought Rs 1,559 worth of equities in September, said Dr V.K. Vijayakumar, Chief Investment Strategist at Geojit Investments.

Sep 21, 2025

Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points

Mcap of 7 top firms rises by Rs 1.18 lakh crore last week

Among the gainers, the market value of State Bank of India jumped by Rs 35,953.25 crore to reach Rs 7,95,910 crore, while Bharti Airtel's valuation rose by Rs 33,214.77 crore, taking it to Rs 11,18,952.64 crore.

Sep 21, 2025

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Sensex & Nifty End Week Higher on Optimism Around India-US Trade Deal, US Fed Eases Rates

The total turnout was clocked at 39.45 per cent at all the 52 centres with 195 booths equipped with 711 EVMs. Over 2.75 lakh students, from more than 50 colleges of Delhi University, were eligible to vote in DUSU elections.

Sep 20, 2025

Net direct tax revenue jumps 9.2 pc to cross Rs 10.82 lakh crore

Gross direct tax collections increased by 3.39 per cent to Rs 12.43 lakh crore, while refunds dipped by 23.87 per cent to Rs 1.60 lakh crore. Corporate refunds — the majority of total refunds — grew by 13.13 per cent to Rs 1.23 lakh crore, while refunds issued to non-corporate taxpayers decreased by 63.39 per cent to Rs 37,306.72 crore.

Sep 19, 2025

Apple iPhone 15 becomes best-selling smartphone globally in Q3 2024

India's premium smartphone market to see 18 pc sales growth this festive season

Within the premium segment, super-premium smartphones (Rs 50,000–1,00,000) are expected to grow 15 per cent on-year, while the uber-premium segment (Rs 1,00,000 and above) could see a remarkable 167 per cent surge, fuelled by strong demand for the latest flagship models, said the report by CyberMedia Research (CMR).

Sep 19, 2025

GST rate cuts on 11 Bengal-specific items will boost state's economy: Sitharaman

Addressing the GST 2.0 outreach programme here, Sitharaman also highlighted that the decision to make the reforms come into effect from September 22 was largely due to the fact that the government wanted consumers to benefit ahead of Durga Puja.

Sep 18, 2025

Sensex projected to touch 115,836, Nifty to surpass 43,800 by FY28: Report

Stock market rises for 3rd consecutive day on US Fed rate cut, buying in IT sector

The 30-share index opened with a decent gap-up at 83,108.92 against the last session's closing of 82,693.71 after the US Fed announced a rate cut. However, the index remained range-bound throughout the session amid a mixed approach across sectors except IT.

Sep 18, 2025

Markets rebound after 4-day losing streak, Sensex gains 317 points

Sensex, Nifty make strong gains amid positive cues after US Fed rate cut

The Federal Reserve resumed interest rates cut cycle by reducing rates by 25 basis points to a target range of 4.0-4.25 per cent, citing shifting risk dynamics in the economy. Fed officials projected two additional rate cuts this year, forecasting rates to reach 3.50-3.75 per cent by the end of 2025.

Sep 18, 2025