Markets News

West Asia war: Sensex enters correction territory, Nifty on verge

Sensex falls 1,342 points and enters correction territory as rising oil prices and continued tensions in West Asia trigger a broad sell-off across Indian equities

Nomura cuts India FY27 GDP forecast to 7% amid West Asia conflict

Tensions in West Asia, if sustained, could test the goldilocks mix of robust growth and stable inflation, Nomura said in a recent note.

Rupee slips to 92.04 per dollar as crude rises, domestic equities fall

The rupee weakened to 92.04 per dollar on Wednesday as rising crude oil prices, geopolitical tensions in West Asia and equity outflows weighed on the currency

Sedemac Mechatronics surges 7.4% on trading debut amid weak markets

Sedemac Mechatronics shares debuted 7.4% higher on listing, while Walmart-backed Flipkart is preparing to invite banks to pitch for work on its potential IPO

Petrochemical units, power plants to face brunt of gas allocation

With LNG flows from Qatar disrupted by the Strait of Hormuz closure, the government prioritises household gas and transport fuel while industry braces for supply cuts and higher costs

Risk-reward ratio favorable for long-term investors: Rahul Singh, Tata AMC

Strategy for 2026, he said, is shifting toward sectors with a probable growth visibility such as Banking, Consumer, Resources and Manufacturing.

Operational hurdles in KYC, high costs deter int'l investors in GIFT City

IFSCA mulling measures to ease onboarding of foreign nationals, including through video KYC

Sebi chief urges stricter valuation rigour for AIFs as IPO exits rise

Pandey calls for disciplined practices, ESG integration, and long-term capital deployment

Jal Jeevan Mission 2.0: Shakti Pumps, Jindal Saw, Enviro rally up to 19%

The Union Cabinet on Tuesday, approved the extension of Jal Jeevan Mission (JJM 2.0) until 2028 with a total outlay of ₹8.69 trillion.

Sebi income rises 31% in FY25 to ₹2,713 crore; CAG flags control issues

Sebi's income rises 31 per cent to Rs 2,713 crore in FY25, while CAG flags internal control issues including unreconciled balances and discrepancies in lease deposits and asset records

IRCTC shares fall on reports of halting train catering amid LPG shortage

IRCTC shares slipped nearly 3 per cent intraday after reports suggested the company may temporarily halt cooked meal services on trains due to LPG shortages caused by supply disruptions in West Asia

Stock Market Close: Sensex sheds 1,340 pts, Nifty below 23,900 on oil supply fear amid US-Iran war

Sensex Today | Stock Market Highlights, Wednesday: Broader markets fell in line with the benchmark indices

Nifty Pharma index hits 52-week high; Ipca, Aurobindo rally up to 4%

In the past one month, the Nifty Pharma index has rallied 4.5 per cent, as against 7.8 per cent decline in the benchmark Nifty 50.

$1 mn Bitcoin is possible, says Bitwise CIO Matthew Hougan; here's the math

Bitcoin price prediction: Hougan argues that Bitcoin should be analysed as an emerging store-of-value asset similar to gold rather than purely as a speculative investment

Easing FDI norms to boost auto ancs, EV, EMS, specialty chemicals: Analysts

Analysts said that companies involved in sectors like EV, EMS, auto ancillary, BESS, renewable energy, and specialty chemicals are expected to benefit most from the easing FDI rules

Bank stocks fall as Iran war fuels inflation fears, Nifty Bank drops 2%

Banking stocks witnessed a sharp decline today as West Asia conflict raised oil-linked inflation risks. Nifty Bank index fell 1.8 per cent on the NSE led by Axis Bank, HDFC Bank, and ICICI Bank

Adani Total Gas soars 18% on heavy volumes in weak market; here's why

The average trading volumes on the ATGL counter jumped over 20-fold with a combined 16.44 million equity shares changing hands on the NSE and BSE till 01:16 PM.

Stocks to avoid; Colgate, IEX, Akzo Nobel look technically weak: Analyst

Colgate-Palmolive has broken below a rising trendline support and continues to trade below key moving averages, indicating a weak structure, says Kunal Kamble of Bonanza.

Phillip Capital starts 'Buy' on Gabriel India; sunroofs to drive margin

Gabriel, a Pune-based auto components company established in 1961, has evolved from a single-product shock absorber maker into a more diversified player

RIL US refinery may get Venezuelan oil access; need deal clarity: Analysts

Analysts believe Texas refinery deal could be a positive for Reliance given the current geopolitical environment; however, await for more clarity as the company is yet to issue an official statement.