The Sensex crashed 493 points, or 0.63%, to end at 77,235.46 on Tuesday, 18 August, while the NSE barometer Nifty 50 extended losses for the sixth consecutive session, ending with a loss of 133 points, or 0.55%, at 24,154.90. Unresolved West Asia crisis and concerns over the impact of elevated oil prices on domestic macro…
Tata Motors Commercial Vehicles reported a consolidated net profit of ₹2,560 crore for the June quarter, up 83.24% year-on-year. Revenue from operations rose by nearly 20% to ₹20,576 crore compared to the previous year’s April-June period. Tata Motors Commercial Vehicles (TMCV) released its June-quarter performance on Wednesday after market hours, reporting a consolidated net profit…
TCS Q4 earnings: The IT bellwether’s revenue from operations rose 9.64 per cent to Rs 70,698 crore in Q4FY26 compared to Rs 64,479 crore in the corresponding period last year. TCS Q4 earnings: IT major Tata Consultancy Services Ltd (TCS) on Thursday reported a 12.12 per cent year-on-year (YoY) rise in its consolidated net profit…
Goldman Sachs downgrades India to marketweight, cuts Nifty target and GDP forecast amid oil shock. Flags earnings downgrades and weak FPI flows. Goldman Sachs has downgraded Indian equities to ‘marketweight’ from ‘overweight’ and sharply cut its Nifty 50 target, citing deteriorating macro conditions and a looming earnings downgrade cycle. The brokerage has reduced…
In the immediate term, the 23,500–23,600 zone is expected to act as key resistance for the Nifty 50. However, support is placed around the 23,000 zone, according to experts. The Nifty 50 continued to build on the previous day’s momentum, rising 1.7 percent on March 25 and soaring 3.7 percent from the recent swing…
Sensex, Nifty rebounded following a media report claiming Mojtaba Khamenei has agreed to negotiate with the US; however, there is no official confirmation from Iran yet. The equity benchmark indices Sensex and Nifty rebounded by more than 2 percent on Tuesday, on media report from Al Arabiya claiming Mojtaba Khamenei has agreed to negotiate…
Nifty’s historical chart shows presence of an unfilled gap around the 20,300 level formed in December 2023; here is what tech analysts have to say. The NSE Nifty 50 index plunged 2.08 per cent or 480 points to 22,635 – its lowest point since April 7, 2025 amid a global market sell-off after US…
The brokerage said the key uncertainty is whether the impact remains limited to the near term or evolves into a broader earnings downgrade cycle. It noted that during the first Covid wave, auto OEM stocks corrected 30–45 percent over a 40-day period, indicating that a further 15 percent decline from current levels cannot be ruled…
Stock market crash: India VIX, the fear gauge index, spiked nearly 9 per cent to go past 20, indicating elevated uncertainty among traders and investors Benchmark indices Sensex and Nifty fell on Wednesday after a day’s breather amid the ongoing tensions in West Asia and sustained foreign fund outflows. The BSE Sensex opened on a…
The ministry projected real GDP growth of 7.0–7.4% for FY27, supported by strong domestic demand, stable macroeconomic fundamentals, and continued policy reforms. India’s economic outlook remains strong even as escalating geopolitical tensions in West Asia threaten to inject greater volatility into global markets, the Finance Ministry said in its latest Monthly Economic Review (MER). …