Sensex jumps over 400 points in early trade; Nifty tests 17,000
The Hindu
Tata Steel was the top gainer in the Sensex pack, rising over 2% , followed by Kotak Bank, Axis Bank, Maruti, IndusInd Bank and SBI.
Equity benchmark Sensex surged over 400 points in early trade on Tuesday, tracking gains in index majors Reliance Industries, Kotak Bank and HDFC Bank amid a positive trend in global markets.
The 30-share index was trading 444.17 points or 0.78% higher at 57,191.31 in initial deals. Similarly, the Nifty rose 131.60 points or 0.78 % to 17,043.85.
Tata Steel was the top gainer in the Sensex pack, rising over 2% , followed by Kotak Bank, Axis Bank, Maruti, IndusInd Bank and SBI.
Equity indices Sensex and Nifty close lower due to auto stocks, foreign fund outflows, and global market concerns.
Rupee falls against dollar on Friday due to foreign fund outflows, U.S. dollar index recovery, and weak domestic markets.
India's HVAC&R industry is booming, with AC market doubling to 15 million units, driven by sustainability and government support.
HSBC reports rapid growth in India's private sector activity, with services leading the way, indicating economic expansion.
Kerala Chief Minister Pinarayi Vijayan highlights investor-friendly initiatives and growth in investment potential at Invest Kerala Global Summit.
Equity indices decline due to foreign fund outflows, weak US markets, and tariff threats, impacting Sensex and Nifty.
Rupee expected to trade negatively due to weak equities, but cushioned by crude oil prices; influenced by RBI minutes.
S&P Global upgrades Kotak Mahindra Bank's credit rating to 'BBB' after RBI lifts operational curbs, positioning bank for growth.
Adani Green withdraws from Sri Lanka wind farm project amid tariff dispute, government open to future collaboration.
Government extends Chief Economic Adviser V. Anantha Nageswaran's tenure until March 2027, following approval by Appointments Committee of the Cabinet.
Skoda Auto Volkswagen India faces $1.4 billion tax demand for allegedly misclassifying imports, customs department warns legal action.
Benchmark indices Sensex and Nifty decline for third day due to tariff threats, weak Asian markets, and foreign fund outflows.
Rupee strengthens against the dollar, supported by weakening American currency, amid global economic uncertainties and foreign fund outflows.