Sensex and Nifty bend, but don't break under the reciprocal import duties announced by the US
The key benchmark indices in India recovered to trade slightly lower after tumbling nearly one per cent during market opening
Markets regulator Sebi on Thursday launched a 'document number verification system' to ensure verifiability of all documents issued by it. This has been launched keeping in mind the public interest and transparency in the functioning of the Securities and Exchange Board of India (Sebi). Under the system, any physical communication such as letters, notices, show-cause notices and summons issued by Sebi will bear an outward number, which is unique for every communication issued by the regulator, according to a statement. The process intends user verification through authentication of the one-time password (OTP) generated on the mobile number of the recipient(s) or any other person acting on their behalf who may then enter such outward number as well as other credentials like sender's name, date of the communication and the name of the recipient to verify the issuance of such communication by Sebi. The verification process, however, does not include the verification of contents of the
Trump Tariffs: The tariff news, analysts added, is likely to be perceived positively by both domestic and foreign portfolio investors, particularly in export-oriented sectors
Dabur's stock fell as much as 7.57 per cent during the day to ₹458.2 per share, the worst intraday fall since October 2, 2024
Sumit Pokharna, vice president for fundamental research at Kotak Securities suggests five IT stocks that investors can still bet upon from a long-term perspective
Analysts believe that if these policies persist, they could drive significant inflation in the US, weakening demand and increasing recession risks
Trump Tariff News: The short-term impact on the market will be negative. The probability of US recession by end 2025 has increased
Trump Tariff News: Largecaps go closer to the lows that we touched in February-March. However, there is a higher scope for smallcaps to test the lows of February-March and, may be, break them as well
Trump Tariffs on India: India Prime Minister Narendra Modi is a great friend, but India has not been treating us right. India charges us 52%, so we will charge them half of that - 26%, Trump said
Trump Tariffs News: If there is no major change to this tariff regime, as has been announced, the impact on global growth and Indian growth will percolate to corporate earnings
Describing India's tariffs as "very, very tough," Trump stated that the 26% tariff was half of what India imposes on US products
Goldman Sachs maintained a 'buy' rating on the stock with a target price of ₹1,640 per share, an upside of 28 per cent
Lower hedging cost, demand for high-yield paper, need to diversify borrowing sources drove the fund raise
Sebi returned DRHP with observations on 'reclassification between revenue lines'
New order following SAT directions to recalculate the disgorgement and penalty amounts
The stock has fallen 10 per cent this year, compared to a 1.3 per cent fall in the benchmark Nifty 50
V-Mart Retail share price: For the entire financial year of 2024-25 (FY25), V-Mart clocked revenue growth of 17 per cent Y-o-Y to ₹3,254 crore
The stock has fallen 19.5 per cent this year, compared to a 1.61 per cent fall in the benchmark Nifty 50
Hindalco stock: Over the next five years, Hindalco Industries is mulling to invest approximately ₹45,000 crore in India, and $5 billion in the US as capex