IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in
Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points

Indian indices close higher amid US Fed rate cut expectations

Sensex ended the session at 81,635.91, up 329.06 or 0.40 per cent. After a sharp decline in the last session, the 30-share index opened with a decent gap-up at 81,501.06 against the previous session's closing of 81,306.85. The index further escalated the momentum to touch an intraday high at 81,799.06 but remained range-bound. 5 hours ago
weighing & measuring instruments

India to factor Amazon, Flipkart prices in inflation data for first time

India will start sourcing price data directly from e-commerce giants including Amazon and Walmart-owned Flipkart to overhaul its benchmark inflation gauge, aiming to capture shifting consumption habits and address concerns that current data is outdated, the head of the statistics ministry said. 5 hours ago
Gold falls by Rs 600 this week, silver also declines

Gold falls by Rs 600 this week, silver also declines

According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold now stands at Rs 99,358 per 10 grams, compared to Rs 1,00,023 a week ago -- a decline of Rs 665. Prices of 22-carat gold fell to Rs 91,012 from Rs 91,621 per 10 grams, while 18-carat gold dropped from Rs 75,017 to Rs 74,519 per 10 grams. 1 day ago
Indian stock market opens lower amid fresh US tariff concerns

8 of top 10 most valued firms add Rs 1.72 lakh crore in market cap

Their market values saw sharp increases, boosting overall investor wealth. Hindustan Unilever's valuation jumped by Rs 34,280.54 crore to Rs 6,17,672.30 crore. Bharti Airtel added Rs 33,899.02 crore, taking its market cap to Rs 11,02,159.94 crore, while Bajaj Finance's valuation rose by Rs 20,413.95 crore to Rs 5,55,961.39 crore. 1 day ago
SEBI clears LIC's reclassification as public shareholder in IDBI Bank

SEBI clears LIC's reclassification as public shareholder in IDBI Bank

This means LIC will now be treated like any other public investor in IDBI Bank. As per SEBI's rules, LIC's voting rights in the bank will be limited to 10 per cent of the total voting power. "The voting rights of LIC shall not exceed 10 per cent (ten per cent) of the total net effective voting rights of the IDBI Bank," the company said in its regulatory filing. 1 day ago
Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

GST Reforms Fuel Market Confidence Despite Global Headwinds

"However, the rally lost momentum toward the end of the week as investors turned cautious due to profit booking and external headwinds. A spike in the 10-year Indian government bond yield also raised concerns about the fiscal position in light of the GST reforms," said Vinod Nair, Head of Research, Geojit Investments Ltd. 2 days ago
India's forex reserves jump $1.49 billion to $695.11 billion

India's forex reserves jump $1.49 billion to $695.11 billion

An increase in the country's foreign exchange kitty gives the RBI more headroom to strengthen the rupee vis-a-vis the US dollar. Adequate forex reserves enable the RBI to intervene in the spot and forward currency markets by releasing more dollars to prevent the rupee from going into a free fall and curbing its volatility. 2 days ago
Stock market ends 6-session winning streak amid weak global cues

Stock market ends 6-session winning streak amid weak global cues

Sensex ended the session at 81,306.85, down 693.86 points or 0.85 per cent. Ending upward momentum, the 30-share index opened the session in negative territory at 81,951.48 against last session's closing of 82,000.71. The index further extended the losing momentum to hint intra-day low at 81,291.77 amid overall selling. 3 days ago
Indian stock market opens higher, Sensex above 83,400

Indian stock market ends higher amid GST rate overhaul

Sensex closed at 82,000.71, up 142.97 points or 0.17 per cent. Continuing the rally for the fourth consecutive session, the 30-share index opened with a decent gap-up at 82,220.46 against last session's closing of 81,857.84. However, the index remained range-bound amid profit booking in the Auto and FMCG sectors. 4 days ago
Nazara Technologies

Nazara Tech shares tumble as India moves to ban online money games

Shares of Nazara Tech slumped over 21% in two sessions and were headed for their steepest two-day fall on Thursday, after India's lower house of parliament passed a bill banning online games involving monetary stakes, which analysts warned could make the sector "infeasible." 4 days ago
Prev 1 2 3 4 5 6 7 8 9 10 Next