Stock market today: Nifty50 opens in red; BSE Sensex down over 120 points as Donald Trump’s tariffs hit sentiment

Market experts anticipate sideways trading, influenced by US-Russia diplomatic negotiations, India’s stance on US tariffs and corporate earnings trends. Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday as Donald Trump’s 50% tariffs on India and its likely impact on exports and economy hit sentiment. While Nifty50…

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Foreign investments flood Asia: $25.7 billion flows to Taiwan, South Korea; Thailand snaps 9-month losing streak

Foreign investors returned to Asian equities in July for the third month in a row, with Taiwan attracting its biggest inflow in nearly two decades and Thailand breaking a nine-month streak of outflows. The upbeat momentum was fuelled by growing interest in artificial intelligence, improved trade ties with the United States, and easing tariff concerns.Investment…

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IT sector may be hit amid AI shift, slower spending

Bengaluru: As AI-driven efficiency gains increasingly impact deal wins, triggering steeper rate cuts, the 25% additional tariffs imposed by US President Donald Trump pose a double whammy to India’s IT sector. Even as the sector anticipated greater trade clarity by Aug-a development expected to boost US consumer spending-the announcement of an additional 25% tariff now…

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Banks to pay for delayed payouts to kin

MUMBAI: RBI has taken a major step to ensure that grieving families immediately get access to funds and valuables of their deceased relatives. Effective Jan 1, 2026, banks that fail to settle claims related to deceased customers within 15 days of receiving complete documentation must pay up. For delayed payouts on deposits, banks will owe…

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Migration boosts salaries, housing demand: Survey

NEW DELHI: Internal migration to urban cities is driving up both salaries and housing demand, a survey has shown.Relocating has led to near doubling of salaries in certain white-collar segments related to IT, finance, and healthcare. It is also true for blue-collar workers, such as domestic helps and factory employees, who reported a 1.6 to…

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