Equity investors became poorer by Rs 9.69 lakh crore in two days of sharp fall in the stock markets, where the benchmark Sensex tumbled 1,555 points. The additional 25 per cent tariff imposed by the US on India came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 […]
Nasdaq ticks slightly higher after Nvidia results
Stocks on Wall Street were down slightly in early trading Thursday, following new economic data and a mixed batch of earnings reports from big U.S. companies. The S&P 500 slipped 0.1% a day after climbing to a new high. The Dow Jones Industrial Average dropped 52 points, or 0.1%, as of 10:02 a.m. Eastern time. […]
gems jewellery exports hit: 50% US tariff shock rocks India;₹10 lakh cr market wealth wiped out | Two Sharp with ET – The Economic Times Video
In this episode of Two Sharp with ET, Nisha Poddar breaks down the double blow India faces:Trump’s 50% Tariff Shock: The US has doubled tariffs on Indian exports, hitting $87 billion worth of goods. Peter Navarro accuses India of fuelling “Modi’s war” by buying Russian oil. Former RBI Governor Raghuram Rajan warns the move is […]
Societe Generale buys stake worth Rs 79 crore in RBL Bank via bulk deal
French multinational bank Societe Generale on Thursday bought over 31 lakh shares worth Rs 79 crore in RBL Bank via bulk deals. The shares were bought at a price of Rs 250.57 apiece which was a 2% discount over the Tuesday closing price. Shares of RBL Bank today ended at Rs 253 on the NSE, […]
Ahead of Market: 10 things that will decide stock market action on Friday
The Indian market ended lower on Thursday, as banks and IT stocks bore the brunt of the selling, after the United States’ 25% additional tariffs on Indian imports took effect, rattling investor sentiment and setting the tone for the session. The BSE Sensex declined 705.97 points, or 0.87%, to finish at 80,080.57, while the NSE […]
Sebi clarifies on cybersecurity and cyber resilience framework
Markets regulator Sebi on Thursday clarified that the cybersecurity and cyber resilience framework (CSCRF) applies only to systems used exclusively for its regulated activities. Shared infrastructure will also be audited if not already covered by the RBI or another regulator. Further, if regulated entities (REs) comply with RBI (or other regulator) cybersecurity rules that are […]
Market Trading Guide: Buy Waaree Energies, Nykaa and 3 smallcap stocks on Friday. Up to 23% upside seen – Stock Ideas
Indian headline indices ended with sharp cuts on Thursday as US tariffs and monthly expiry weighed on markets. Bears remained at the helm as the index slipped below the 100-EMA on the daily chart, confirming a short-term bearish trend. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said the Nifty […]
Lumax Industries, Authum Investment among 8 smallcap stocks that hit 52-week high and rallied up to 40% in a month – Fresh Highs
On Thursday, the benchmark Sensex declined by nearly 705 points, ending the session at 80,080. Despite the broader market correction, eight stocks from the BSE Smallcap index hit their 52-week highs, marking their highest levels in a year. Traders and investors often view such breakouts as bullish signals, indicating strong upward momentum and the possibility […]
Sunil Singhania cautions on IT, bets on financials, pharma and capex revival
Sunil Singhania, founder of Abakkus Asset Manager LLP, has advised investors to stay cautious on IT services stocks while selectively building positions in banking, pharma, metals, and capital goods, as valuations in several sectors begin to look more attractive after recent corrections. Speaking to ET Now, Singhania said Indian IT, despite its global strengths, faces […]
Largecaps best bets in a range-bound market; tariff impact limited: Prashant Jain
India’s equity market is expected to remain range-bound in the near term, but largecap stocks present a favourable risk-reward opportunity for those looking to invest over the medium to long-term, according to Prashant Jain, CIO of 3P Investment Managers. Speaking to ET Now, Jain noted that while consumer-facing sectors could see some outperformance if markets […]