Market observers anticipate a period of consolidation, backed by domestic investment flows. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 24,550, BSE Sensex was up over 250 points. At 9:16 AM, Nifty50 was trading at 24,587.55, up 100 points or…
MUMBAI: Zerodha co-founder and billionaire investor Nikhil Kamath has invested in film actor Shah Rukh Khan‘s spirits business, increasing his involvement in the country’s alcobev sector following his stake purchase in India’s fourth-largest liquor player Radico Khaitan. Kamath owns 5% of D’yavol Spirits, founded by Shah Rukh and his son Aryan Khan. He also holds…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Intellect Design, Diffusion Engineers, and Sumitomo Chemical are the top stocks to buy today:Intellect Design – 50% Retracement + Oversold RSIBuy near: ₹930–₹910 | Stop Loss: ₹770 | Target: ₹1,200After making…
Zydus Lifesciences on Tuesday said its consolidated net profit increased 3 per cent year-on-year to Rs 1,467 crore for the first quarter ended June 30, 2025, riding on strong performance across domestic and international markets. The drug maker reported a net profit of Rs 1,420 crore for the April-June quarter of the last fiscal. Revenue…
H-1B visa trouble: A growing number of Indian professionals in the US on H-1B visas are facing an unexpected and alarming threat of deportation landing on their doorsteps before the official 60-day grace period even runs out. Laid off and staring down the barrel of a possible permanent US ban, many say it feels like…
Lenders are exploring ways to ease the financial pressure on small and medium enterprises (SMEs) hit hardest by the United States’ 50% duty on imports from India. According to ET, lenders are considering scrapping certain administrative charges such as processing fees, foreign exchange hedging costs and collection charges after being nudged by the government.A government…
US consumer inflation held steady at 2.7% in July, but core prices rose as President Donald Trump’s sweeping tariffs continued to influence the economy, according to data released on Tuesday.However, the figure came in slightly below the 2.8% rate predicted by analysts in a median forecast from Dow Jones Newswires and The Wall Street Journal.Core…
Experts believe Trump has not been able to effectively influence China with his trade war tactics. (AI image) US President Trump has extended the trade ceasefire with China by an additional 90 days, temporarily averting a potential economic confrontation between the world’s largest economies. Trump said he has been “dealing very nicely with China” as…
Wall Street charged towards record highs on Tuesday after fresh data showed inflation across the United States was slightly cooler than economists prediction, fuelling hopes that the Federal Reserve could cut interest rates in September.The S&P 500 climbed 0.85% or 54 points, looking set to surpass its all-time high reached just two weeks ago. The…
The ministry of petroleum and natural gas on Tuesday strongly rejected what it calls “fear-mongering” over the performance and safety of E20 fuel, a blend of 20% ethanol and 80% petrol, saying claims of drastic fuel efficiency loss and insurance issues are “misplaced” and “creating a false narrative.”In a detailed press release on Tuesday, the…
