NCLT approves merger scheme of Adani Group’s Ambuja Cements and Sanghi Industries

NCLT in its order said that the merger scheme is in the public interest, as it enhances operational efficiency, consolidates resources, and does not prejudice the rights of shareholders, creditors, or statutory authorities.   Adani Group’s Ambuja Cements on February 9 announced that the Ahmedabad bench of the National Company Law Tribunal (NCLT) has approved…

India-US trade deal: Will FIIs finally return to Indian stock market as deal uncertainty clears? Explained

India-US trade deal: Domestic brokerage MOSL said that with the fog of uncertainty now lifted, multiple positives will accrue, including the reversal of FII outflows. India-US trade deal: The Indian stock market welcomed the much-awaited India-US trade deal on Tuesday, February 3, as investors are viewing the much-awaited trade agreement not only as a meaningful…

Union Budget 2026-27: Strengthening India’s long-term growth engines

The Union Budget, presented by Finance Minister Nirmala Sitharaman on February 1, 2026, can be read as a carefully sequenced policy statement — one that clearly sets the tone for the Indian economy’s priorities in the year ahead. Rather than relying on short-term stimulus measures, the Budget places emphasis on durable growth drivers and long-term…

Adani Group shares under pressure; Adani Ent, Green, Energy slip up to 10%

Adani Green Energy stock slipped 10% to ₹814 in intra-day deal, while Adani Energy Solutions (₹840) and Adani Enterprises (₹1,895.50) were down 9% each. Adani Group shares price today   Shares of Adani Group companies are under pressure falling by up to 10 per cent on the BSE in Friday’s intra-day trade amid heavy volumes.…

Technical View: Relief rally lifts Nifty near 25,300; bears still dominant as VIX stays high, Bank Nifty holds trendline support for another session

The monthly options data suggested that the Nifty 50 is expected to trade in a broader range of 25,000–26,000 levels.   The Nifty 50 witnessed a relief rally after a three-day losing streak, bouncing back above the 200 DEMA (25,164) and closing near 25,300 with gains of half a percent on January 22. However, experts…

Over 700 stocks hit 52-week lows on the BSE as Sensex suffers the biggest single-day fall in over 8 months

The Indian stock market faced a drastic downturn as the Sensex dropped 1066 points, marking its largest single-day decline in over eight months. As many as 713 stocks hit their 52-week lows on the BSE. ITC and Trent were the two Sensex stocks that hit their 52-week lows. It was a terrible Tuesday for the…

Trump’s 10% tariff threats over Greenland could unleash a ‘trade bazooka’ as EU leaders mull action

With Trump threatening tariffs on eight EU countries over his mission to acquire Greenland, leaders of the nations called an emergency meeting on Sunday, mulling countermeasures. US President’s latest tariff threats on eight European Union countries over Greenland could result in a mega trade war as the EU nations prepare for countermeasures — leading to…