Image used for representational purposes. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty declined in early deals on Thursday (May 7, 2026) in a highly volatile trade as investors turned cautious amid unabated foreign fund outflows and rising geopolitical uncertainties. The 30-share BSE Sensex declined 160.24 points to 77,798.28 in early trade. The…
Benchmark Sensex rallied by 940 points on Wednesday (May 6, 2026) following a sharp decline in crude oil prices after U.S. President Donald Trump claimed progress in negotiations with Iran towards an agreement to end the war. Helped by fag-end heavy buying, the 30-share BSE Sensex jumped 940.73 points, or 1.22%, to settle at 77,958.52….
Securities and Exchange Board of India (SEBI). File Securities and Exchange Board of India (SEBI) specified that a Benchmark or Index that mutual fund tracks is ‘significant index’ if it has an AUM beyond ₹20,000 crore, in a circular released 6 May 2026. The threshold will be tested every six months, the capital market watchdog…
In the international market, crude prices fell sharply, with Brent oil for the July contract plummeting $11.57, or 10.53%, to $98.30 per barrel. | Photo Credit: Reuters Crude oil price slumped over 11% to ₹8,588 per barrel in futures trade on Wednesday (May 6, 2026), tracking sharp losses in global benchmarks amid signs of a…
Rupee appreciated by 23 paise against the U.S. dollar. File | Photo Credit: The Hindu The rupee appreciated by 23 paise to 94.95 against the U.S. dollar in early trade on Wednesday (May 6, 2026) as Brent crude prices retreated from their elevated level after U.S. President Donald Trump hinted at a possible deal with…
Foreign direct investment from India to the United States was approximately $16.4 billion. File | Photo Credit: Getty Images/iStockphoto Foreign direct investment from India to the United States was approximately $16.4 billion, which supported about 70,800 jobs, a senior U.S. official said. Addressing a CII India Reception on the sidelines of the SelectUSA Investment Summit…
Representative image. | Photo Credit: Getty Images/iStockphoto The rupee fell 2 paise to close at an all-time low of 95.25 (provisional) against the U.S. dollar on Tuesday (May 5, 2026), as investors are retreating from riskier assets amid renewed clashes in the Gulf and targeting of UAE infrastructure, which have reignited supply chain fears. Forex…
From the Sensex firms, ICICI Bank, Eternal, Tech Mahindra, Axis Bank, Bharti Airtel and Larsen & Toubro were among the major laggards Source link
Representational file image. | Photo Credit: Reuters The rupee slid to a record low on Tuesday (May 5, 2026) after U.S.-Iranian strikes in the Gulf rattled markets, dimming hopes for a resolution and deepening concerns over risks confronting the oil-importing economy. The currency weakened to 95.39 per dollar, down 0.3% on the day, eclipsing its…
Bajaj Auto Ltd. reported a 40% jump in total sales in April. File | Photo Credit: Reuters Bajaj Auto Ltd on Monday (May 4, 2026) reported a 40% jump in total sales in April at 5,13,792 units as against 3,65,810 units in the same month last year. Total domestic sales were up 13% at 2,48,210…
