On Friday, the benchmark Sensex dropped 1,690 points to close at 73,583. During this steep fall, nine stocks from the BSE 200 index touched their 52-week lows. Source link
Stock Market Holiday 2026: NSE, BSE to remain shut on these 2 days next week! Check full calendar
The National Stock Exchange of India and BSE will remain closed on Tuesday, March 31, and Friday, April 3, on account of Mahavir Jayanti and Good Friday, respectively. Trading this week was also impacted by a holiday-shortened schedule, with Dalal Street shut on Thursday for Ram Navami. Stock market holidays in 2026 In total, there […]
March turns brutal as PSU banks plunge up to 20% amid war-led selloff; UCO, BoB punished most
PSU bank stocks fell up to 5% on Friday amid a broader rout in the stock markets. Investors’ wealth eroded by over Rs 8 lakh crore, weighed down by the Iran-Israel war, falling rupee and foreign investment outflows. The Nifty PSU Bank index was the worst sectoral loser, dropping 3.4% or 300 points intraday to […]
GLP-1 impact: Jefferies sees these 3 stocks as winners in the race for Ozempic, Wegovy generics
As several Indian pharma giants race to launch cheaper generics for Semaglutide, the active ingredient in popular weight-loss drugs Ozempic and Wegovy, international brokerage Jefferies said that Sun Pharma, Lupin and Torrent Pharma can emerge as the eventual winners. Novo Nordisk’s patent for GLP-1 (glucagon-like peptide-1) therapy expired last week. Jefferies in its latest report […]
IndiGo, SpiceJet shares drop up to 5%; govt reintroduces windfall tax on ATF exports
Shares of IndiGo fell 4.58% to record an intraday low of Rs 4,098.05 on the BSE on Friday. SpiceJet, meanwhile, fell 4.9% to Rs 10.25 apiece on the BSE. According to a government order issued on Thursday, the centre reversed its earlier decision to scrap such taxes, as authorities seek to recalibrate revenue from the […]
Did Nostradamus, Edgar Cayce predict a massive crash in 2026? What Robert Kiyosaki says
The raging war between Iran and the US-Israel alliance has rattled markets globally, with bears clawing massive sums of money from investors’ portfolios. Rich Dad Poor Dad author Robert Kiyosaki said that renowned French astrologer Nostradamus in the 1500s had predicted that a disaster would hit the world in 2026, and Edgar Cayce in the […]
Jefferies’ Chris Wood sells HDFC Bank after Chairman’s puzzling exit, cuts India weightage
As former bureaucrat Atanu Chakraborty’s resignation letter from HDFC Bank continues to puzzle investors, Jefferies’ top equity strategist Christopher Wood has chosen to play it safe by exiting HDFC Bank from two flagship portfolios. In the meantime, he has also trimmed his India allocation as a falling rupee and rising crude oil prices weaken the […]
CGD stocks slump up to 31% in a year. Can LPG crisis fuel fresh interest in IGL, GAIL, and others?
Down up to 31% over the past year, the city gas distribution (CGD) stocks have come into focus amid the ongoing LPG crisis and the government’s nudge for consumers to switch to PNG connections. While the scrips appear weak on a technical basis, CGD is a consumption theme backed by stable business, making them a […]
HPCL, BPCL, IOC shares in focus as govt cuts excise duty on petrol and diesel; what lies ahead?
The shares of oil marketing companies including Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil (IOC) will remain in focus on Friday after the Indian government slashed the special additional excise duty on petrol to Rs 3 per litre and scrapped it on diesel, according to a government order dated Thursday. The […]
Positive Breakout: These 14 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Source link