Indian equity markets witnessed a sharp selloff on Monday as escalating tensions in the Middle East triggered global risk aversion. The benchmark Nifty 50 slipped below the crucial 24,700 support level, while the BSE Sensex plunged nearly 1,200 points intraday, falling under the 80,000 mark. The decline marks the sharpest…
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Indian IT Stocks Rebound After ₹1.1 Lakh Crore Rout
Shares of leading Indian IT companies, including Infosys Ltd., TCS Ltd., Wipro Ltd., HCLTech Ltd., and Tech Mahindra Ltd., witnessed a strong rebound on Wednesday, February 25, following a sharp ₹1.1 lakh crore market capitalization loss the previous day. Gains ranged between 2% to 4% across the sector, reflecting relief…
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Sensex Slumps 1,000 Points as IT, Auto Stocks Drag Markets
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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Sensex Falls 750 Points, Nifty Below 25,600
Mumbai: Benchmark indices Sensex and Nifty erased early gains on February 19, plunging sharply amid widespread selling pressure. The Sensex tumbled over 750 points while the Nifty slipped below the crucial 25,600 mark, reflecting heightened volatility and cautious investor sentiment. Markets Reverse After Three-Day Rally After posting gains for three…
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LIC Shifts to IT, Cuts Banks in Portfolio Revamp
Life Insurance Corporation of India (LIC) has made a striking portfolio reshuffle, sharply increasing exposure to information technology stocks while trimming stakes in major banking and industrial names. The move comes amid market anxiety over artificial intelligence disrupting India’s IT services model. Contrarian Bet on IT Sector During the December…
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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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India Bond Yields Spike Ahead of ₹30 Trillion Debt Wave
Indian government bond yields have surged across maturities as investors grow increasingly wary of a massive debt issuance expected in the next financial year. Market participants estimate that combined borrowing by the Centre and states could touch an unprecedented ₹30 trillion, a development that has unsettled fixed-income markets and pushed…
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Waaree Renewable to Buy 55% in Power Tower Firm for ₹1,225 Cr
Waaree Renewable Technologies Ltd (WRT), the engineering, procurement and construction arm of the Waaree Group, has announced a major strategic acquisition to strengthen its presence in India’s power infrastructure sector. The company will acquire a 55 per cent stake in Associated Power Structures Ltd for ₹1,225 crore, marking its formal…
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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…