Indian benchmark indices witnessed a sharp fall on Tuesday, with BSE Sensex dropping over 1,000 points to 82,277 and the Nifty 50 sliding below 25,450. The steep decline wiped out nearly Rs 5 lakh crore in investor wealth, fueled by selling pressure in IT and automobile stocks. IT Sector Under…
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Nifty May Jump 350-400 Points After Trump Tariff Verdict
Following the Supreme Court’s verdict against Trump-era tariffs, India’s Nifty 50 could witness a gap-up opening of 350–400 points on Monday, analysts say. Market reactions around the 25,950–26,000 resistance band will be crucial in determining the index’s next directional move, according to Sudeep Shah, Head of Technical and Derivatives Research…
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IDFC First Bank Reports ₹590 Crore Fraud in Haryana Accounts
Chandigarh: IDFC First Bank has reported a massive ₹590 crore fraud connected to Haryana government-linked accounts at its Chandigarh branch. The bank has suspended four employees pending further investigation and has initiated a comprehensive probe to determine the full impact of the fraudulent activities. Fraud Details and Preliminary Investigation According…
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Bitcoin Slips as Volatility Rises, Trump-Era Gains Erased
Bitcoin has erased all gains made since the election of United States President Donald Trump, underscoring growing fragility in the global cryptocurrency market as shrinking liquidity and broader financial uncertainty fuel sharp price swings. The world’s largest cryptocurrency fell below key psychological levels this week, reflecting heightened investor caution amid…
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Post-Budget Shock: How Indian Markets May Open After 2% Crash
Indian equity markets are expected to open on a cautious to mildly negative note on Monday, February 2, as investors continue to digest the sharp sell-off triggered by key announcements in Union Budget 2026. The benchmark indices Sensex and Nifty 50 suffered a nearly 2% decline on Budget day, wiping…
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Shapoorji Pallonji Group Begins ₹8,000-Crore Realty IPO Plan
The Mumbai-based Shapoorji Pallonji Group has formally begun preparations for a mega initial public offering (IPO) of its real estate business, marking one of the most significant capital market exercises in India’s property sector in recent years. The proposed IPO is expected to raise over ₹8,000 crore and is aimed…
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Bank Strike on Jan 27 to Disrupt PSB Services Across India
Banking services at public sector banks across India are likely to face significant disruption on Tuesday, January 27, as bank employee unions proceed with a nationwide strike demanding the immediate implementation of a five-day work week. The strike has been called by the United Forum of Bank Unions (UFBU), an…
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Premier & Waaree Energies Q3 Review: IPO Signals, Targets, Outlook
Nuvama Institutional Equities has reaffirmed its ‘Buy’ rating on Premier Energies and Waaree Energies following their December quarter (Q3) results, reflecting positive performance and growth potential in India’s solar energy sector. While Premier Energies delivered in-line results, Waaree Energies posted a strong beat, signaling robust operational execution. Premier Energies: On…
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IRFC Eyes Swiss Franc Swap to Reduce Dollar Risk
New Delhi: Indian Railway Finance Corporation (IRFC) is exploring a strategic shift in its foreign-currency borrowing to mitigate risks from dollar volatility. The company is considering converting a portion of its dollar-denominated loans into Swiss francs, aiming to reduce foreign exchange losses and lower funding costs amid the rupee’s recent…
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Infosys Earnings Boost Sensex, Nifty Climb on Jan 18
Indian stock markets closed higher on Friday, January 18, as a strong Q3 earnings surprise from Infosys lifted IT stocks and reignited investor risk appetite. The BSE Sensex surged to an intraday high of 84,134.97, while the NSE Nifty 50 touched 25,873.50. Despite profit booking later in the session, the…