Latest business news
Indonesia’s market turmoil is adding to the economic worries sapping sentiment among consumers, businesses and retail investors ahead of one of the Southeast Asian country’s biggest holidays. Benedicta Alvinta, a freelance marketing strategist in the central Java town of Yogyakarta, says the “nerve-racking” slide in Indonesian stocks hurt her investment portfolio largely focused on shares,…
Banking and financial services major Goldman Sachs on Friday bought shares of state-owned Hindustan Aeronautics Ltd and Zomato worth ₹281 crore through open market transactions. Goldman Sachs through its affiliate — Goldman Sachs (Singapore) — purchased 3.85 lakh shares of Bengaluru-based Hindustan Aeronautics Ltd (HAL), as per the block deal data on the BSE. US-based…
Short selling is a trading strategy where an investor borrows some stocks from a broker, betting that the price of the stock is going to decline in future, sells them at the current market value and buys them again at a lower price to make a profit. So, short sellers borrow shares from a broker,…
Stock market today: Benchmark indices Sensex and Nifty declined on March 28, weighed down by IT and auto stocks, as investor sentiment turned cautious ahead of the US reciprocal tariff announcement next week. Sensex dropped over 550 points from its intraday high, while Nifty slipped below the 23,500 mark. As of 13:16 IST, the Sensex…
Indian stock market: Overseas investors have reversed their bearish outlook on the Indian stock market in the second half of March 2025, remaining net buyers in seven out of the last nine sessions, causing frontline benchmark indices, Sensex and Nifty 50, to recover from their worst selling streaks in the last 30 years. They pumped…
Stock Market today: The benchmark Nifty-50 index rebounded 0.45% on Thursday to end at 23,591.95. Bank Nifty gained 0.72% to 51,575.85 while most other sectors led by Realty and Oil & Gas stood among gainers. Auto and Pharma, nevertheless were some of the losers Trade Setup for Friday Having bounced from the lows, Nifty 50…
New Delhi, India’s e-retail market is expected to scale to USD 170–190 billion by 2030, its growth engines accelerating to over 18 per cent annually, fuelled by increased discretionary spending, according to a report by Flipkart and Bain and Company. Off the historic high of 20 per cent, the e-retail growth in 2024 slowed down…
Indian stock markets have witnessed a strong comeback in March, bouncing back from a prolonged sell-off that began in October 2024. The steep decline over the past five months had made Indian equities among the worst-performing markets globally, raising concerns among investors. Both the Nifty 50 and Sensex have gained almost 7 percent so far…
Block deal on March 25: Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for ₹87 crore through an open market transaction. American multinational Goldman Sachs through its arm — Goldman Sachs (Singapore) Pte — purchased 65.48 lakh shares of Samvardhana Motherson International, as per the block deal data on the…
Indian stock market benchmarks closed flat on Tuesday, March 25, as a stronger US dollar and lingering concerns over the impact of US tariffs on the global economy weighed on sentiment. The Sensex closed at 78,017.19, up 33 points, or 0.04 per cent, while the Nifty 50 settled 10 points, or 0.04 per cent, up…
