Category: Business

Indian stock market opens higher as Sensex gains 56 points and Nifty crosses 24,350 amid strength in auto and metal stocks. India’s benchmark equity indices opened in positive territory on Thursday, with the BSE Sensex and NSE Nifty 50 extending gains from the previous session amid buying in auto, metal and IT stocks. The market witnessed a firm start during early trade, although mild selling pressure later trimmed some of the initial gains. Sensex and Nifty Open in Green The BSE Sensex opened on a positive note and briefly surged…

Sensex and Nifty open strong but slip from highs amid profit booking; markets remain in green with mixed sector performance. India’s benchmark equity indices, the BSE Sensex and NSE Nifty 50, opened on a strong note on Wednesday but later retreated from their intraday highs due to profit booking, even as both indices continued to trade in positive territory. The early optimism in the market was tempered by selling pressure that emerged within the first hour of trading, reflecting cautious investor sentiment. Strong Opening Followed by Pullback The BSE Sensex…

Hindustan Unilever Limited (HUL) has reported a strong financial performance for the fourth quarter of FY2025–26, with its net profit registering a significant 21 percent year-on-year increase. The company’s earnings reflect steady demand recovery, improved operational efficiency, and sustained strength in its core business segments, even as global uncertainties continue to influence market dynamics. The company’s consolidated net profit for the January–March quarter stood at ₹2,994 crore, compared to ₹2,475 crore in the same period last year. This notable rise underscores HUL’s ability to navigate a complex economic environment while…

Global market trends remain mixed as Asian markets trade variedly following Wall Street losses amid tech stock sell-off and investor caution. Global equity markets presented a mixed picture on Wednesday, with Asian indices trading in varied directions after a subdued close on Wall Street. Investors across regions remained cautious amid concerns over a potential slowdown in the artificial intelligence-driven rally that had powered technology stocks in recent months. The uneven performance across markets highlights growing uncertainty among investors, who are balancing optimism over economic resilience with concerns about valuations, interest…

Stock market early trade sees Sensex and Nifty open higher with strong gains led by auto, IT and FMCG stocks amid positive investor sentiment. Domestic equity markets began Wednesday’s session on a firm footing, with benchmark indices BSE Sensex and Nifty 50 registering notable gains in early trade. The upbeat opening came after a volatile previous session, indicating renewed investor confidence supported by selective buying across sectors. In the initial hours of trading, both indices witnessed a brief phase of fluctuation as buyers and sellers engaged in a tug-of-war. However,…

Global crude oil prices surge as Brent nears $112 and WTI crosses $100 amid West Asia tensions, raising concerns for inflation and India’s economy. Global crude oil prices climbed sharply on Tuesday, with Brent crude nearing $112 per barrel and West Texas Intermediate (WTI) crossing the $100 mark, reflecting sustained volatility in international energy markets amid ongoing geopolitical tensions in West Asia. Despite emerging diplomatic signals, including peace proposals involving Iran and indications of engagement from the United States, traders remain cautious. Concerns over supply disruptions linked to the Strait…

Indian stock market ends lower after a volatile session as Sensex and Nifty fall, wiping over ₹30,000 crore in investor wealth. India’s equity markets closed in negative territory on Tuesday after a highly volatile trading session, with benchmark indices surrendering early gains amid sustained selling pressure in key sectors. The sharp swings during the day led to a notional erosion of more than ₹30,000 crore in investor wealth, reflecting cautious sentiment among market participants. Benchmarks Reverse Early Gains to End in Red The BSE Sensex opened lower at 77,094.79, down…