Indian IT sector stocks have been bleeding for the last few days, facing a massive selloff on increasing fears that artificial intelligence (AI) tools and models will hit the basic revenue model of the technology sector. The index tracking Indian IT sector stocks such as Tata Consultancy Services Ltd. and Infosys Ltd. has lost a […]
Vande Bharat Fare: ‘Much lower than Japan, China’: Fares of Vande Bharat chair car Rs 2.19 per kilometre; global range at Rs 7-20 | Infrastructure News
Vande Bharat chair car is an all air-conditioned service that was first introduced in 2019. How do the fares of Vande Bharat chair car trains compare to similar trains around the world? According to Railway Minister Ashwini Vaishnaw, the ticket prices for the Vande Bharat chair car are much lower than such trains operating in […]
Asian stocks today: Nikkei sheds 480 points, Markets mostly remain shut for Lunar New Year Holiday
Asian stocks traded in red on Tuesday as trading activity across the region remained closed for Lunar New Year break. Japan’s Nikkei tanked 427 points or 0.75% to 56,368 at 10:55 am IST. China and Hong Kong, meanwhile, remained shut.The fall comes after the release of weak economic data on Monday, which appeared to dampen […]
Gold price prediction today: Will gold and silver rates continue to go down?
Gold price prediction today: Gold prices may trade with a bearish bias, and the silver market is very tight, according to Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan: Source link
Gold, Silver Price Today Live Updates: Gold tanks 1% in international markets, spot silver falls 2.7%
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Stock market today: Nifty50 opens below 25,600; BSE Sensex drops over 200 points
Stock market today (AI image) Stock market today: After a strong rally yesterday, the stock market indices Nifty50 and BSE Sensex, opened in red on Tuesday. While Nifty50 was below 25,600, BSE Sensex dropped over 200 points in opening trade. At 9:16 AM, Nifty50 was trading at 25,593.50, down 89 points or 0.35%. BSE Sensex […]
Torrent Power buys L&T’s Punjab plant in Rs 7,000 crore deal
MUMBAI: Torrent Power is buying L&T’s coal-fired power plant in Punjab in a Rs 6,889-crore enterprise value deal, marking its entry into northern India’s fast-growing power market. The acquisition includes Rs 3,661 crore in upfront cash, while Torrent will also take on Rs 3,228 crore of Nabha Power’s debt.Nabha Power runs a 1,400MW thermal plant […]
MG Motor charts Rs 4,000 crore India charge
CHENNAI: JSW MG Motor India, the joint venture between JSW Group and China’s SAIC Motor, is gearing up for a decisive expansion in India with a planned investment of Rs 3,000 to Rs 4,000 crore and an aggressive product offensive lined up for 2026. The country’s second-largest electric car maker by volume is sharpening its […]
RIL, banks lift Sensex even as FPIs sell
MUMBAI: Strong buying in a host of bank stocks and Reliance Industries lifted the Sensex by 650 points on Monday to close at 83,277 points. However, nearly a Rs 1,000-crore net selling by foreign funds raised doubts about the sustainability of the rally. IT stocks had been under pressure over the past few sessions amid […]
Rupee settles 8p lower at 90.74 against dollar
NEW DELHI: The rupee fell 8 paise to settle at 90.74 against the US dollar on Monday, weighed down by a strong American currency and foreign fund outflows. According to forex traders, lower crude oil prices and positive domestic equity markets capped a sharp fall in the Indian currency. On Friday, the rupee depreciated 5 […]