Sensex settles 300 pts lower, Nifty ends below 24,100: Renewed US-Iran tensions among key factors behind market decline

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Sensex, Nifty declined as an escalation ​in the Iran war pushed crude prices ‌higher. The benchmark equity indices Sensex and Nifty declined on Monday as renewed tensions between the US and Iran triggered a rebound in crude oil prices and weighed on investor sentiment.   Weak global market trends and foreign fund outflows also added…

Maruti Suzuki Q1 Results: Net profit drops 9% as margin pressure offsets revenue growth; post-record sales

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Maruti Suzuki reported a 9.1% YoY decline in profit to ₹3,446.9 crore despite a 35.9% increase in revenue to ₹52,469 crore. Higher input costs and expenses pressured profitability, leading to a price hike of up to ₹30,000 across its vehicle range. India’s largest passenger vehicle maker, Maruti Suzuki India Ltd, reported a muted set of…