Markets rally in early trade on firm global equities
The Hindu
The 30-share BSE Sensex climbed 367.92 points to 60,268.29
Equity benchmarks rallied in initial trade on Monday amid positive trends in global markets and buying in IT counters.
The 30-share BSE Sensex climbed 367.92 points to 60,268.29. The broader NSE Nifty advanced 119.4 points to 17,978.85.
From the Sensex pack, Tech Mahindra, Tata Consultancy Services, Tata Motors, Bharti Airtel, Tata Steel, HCL Technologies, Wipro, IndusInd Bank, Mahindra & Mahindra and Infosys were the major winners.
Titan and ICICI Bank were the only laggards.
Elsewhere in Asia, equity markets in Seoul, Shanghai and Hong Kong traded in the green.
Markets in the U.S. had ended sharply higher on Friday.
The Sensex had tumbled 452.90 points or 0.75% to settle at 59,900.37 on Friday.The Nifty went lower by 132.70 points or 0.74% to end at 17,859.45.
India may be able to develop its own high-end computing chipset, known as GPUs, in the next 3-5 years, Union Minister Ashwini Vaishnaw said.
DeepSeek has computer code that could send some user login information to a Chinese state-owned telecommunications company, say researchers.
Workday is cutting about 1,750 jobs, or 8.5% of its workforce as it focuses on AI.
Reliance Industries, ITC, and other major companies announce significant investments in West Bengal at BGBS 2025.
The Union Budget seems to have got many things right
LIC receives ₹105.42 crore GST demand notice for seven years, no material impact on operations.
Stock markets close lower as investors turn cautious ahead of RBI's monetary policy decision amid trade war concerns.
India has accused South Korea’s Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs, according to a document and two sources.
Rupee hits all-time low against dollar amid global trade war concerns, RBI rate cut expectations, and weak services sector.
Zomato CEO Deepinder Goyal clarifies controversial hiring process, with 30 candidates selected from 18,000 applications.
Bombay High Court to hear Skoda Auto Volkswagen India's plea challenging $1.4 billion tax demand on February 17.
Gold demand in India rose 5% in 2024 to 802.8 tonnes, with 2025 consumption expected between 700-800 tonnes.
India's services sector growth slows in January, but remains above 50; new export business rebounds, job creation accelerates.