Sensex drops over 150 points in opening trade; Nifty tests 15,100 level
The Hindu
Elsewhere in Asia, bourses in Shanghai and Tokyo were trading on a negative note in mid-session deals.
Equity benchmark Sensex dropped over 150 points in opening trade on Wednesday, tracking losses in index majors Reliance Industries, HDFC Bank and Kotak Bank amid a negative trend in global markets. The market, however, turned flat in the first half hour of trading. The 30-share BSE index was trading 6.73 points or 0.01% higher at 50,200.06, and the broader NSE Nifty advanced 1.50 points or 0.01% to 15,109.60. M&M was the top loser in the Sensex pack, shedding around 1%, followed by ONGC, Kotak Bank, ITC, HUL and HDFC Bank. On the other hand, PowerGrid, SBI, UltraTech Cement, Nestle India and NTPC were among the gainers.
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.