Markets rise in early trade
The Hindu
The 30-share BSE Sensex gained 183.9 points to 62,865.74 points in early trade
Equity benchmark indices continued their rally in early trade on Wednesday amid buying in banking counters, a largely positive trend in other Asian markets and continuous foreign fund inflows.
The 30-share BSE Sensex gained 183.9 points to 62,865.74 points in early trade. The broader NSE Nifty advanced 61.5 points to 18,679.55 points.
Among the Sensex pack, Mahindra & Mahindra, Dr. Reddy's, Tata Steel, Nestle, Asian Paints, HDFC Bank, HDFC, ICICI Bank and UltraTech Cement were the major gainers.
HCL Technologies, Tech Mahindra, Infosys and Power Grid were among the laggards.
Elsewhere in Asia, markets in Seoul, Shanghai, and Hong Kong were trading higher while in Tokyo, shares were trading lower.
Wall Street had ended on a mixed note on Tuesday.
"An important feature of the ongoing rally which has taken the Sensex and Nifty to record highs is that this is a mature rally led by high-quality stocks in performing sectors," V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
Swiggy shares drop 8% to record low due to wider loss from quick commerce expansion against Zomato.
Sensex and Nifty trade lower amid RBI caution, foreign fund outflows; market awaits rate cut decision.
Rupee hits record low against U.S. dollar on anticipation of RBI rate cut, weak economic data, and foreign fund outflows.
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.