MUMBAI: Short covering, especially during the closing hours of Monday’s session, led to a smart reversal in sensex, which closed 939 points up at 75,503 points. The development came despite strong selling by foreign funds that offloaded shares worth Rs 9,366 crore, the second-highest singlesession net outflow figure so far this year.After days of sharp…
MUMBAI: Ahead of the onset of peak summers, a brisk business season for consumer durables companies, some air conditioner makers are feeling the heat of the West Asia conflict as restricted supplies of LPG and shortage of petrochemicals are beginning to hit production, industry executives said.LPG is used in processes such as brazing of copper…
The Middle East crisis continues to boil and the ripples have triggered an operational stress for India’s food services sector. As LPG supply flows are disrupted amid the Strait of Hormuz transit issues, industry voices have warned of layoffs, salary cuts and widespread business impact if the situation drags on. Despite assurances from the government…
MUMBAI: The rupee closed at 92.42/$, four paise firmer than 92.46, yet close to last week’s 92.48 record low. Losses stayed capped amid likely RBI support via state-run banks. Gulf tensions kept oil prices high, while US efforts to rally allies to secure Hormuz shipping lanes have made little headway. Brent crude rose over 1%…
Gold price prediction today: Gold prices will continue to take cues from crude oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Indian IT stocks had already experienced a notable drop earlier this year. (AI image) Indian IT shares tank! Shares of Indian IT companies dropped by as much as 6% on Tuesday after fresh artificial intelligence announcements from global chipmaker Nvidia, which reignited concerns about AI-driven disruption in the technology services sector. Investor caution also remained…
MUMBAI: Shares of IDBI Bank fell as much as 16.5% on Monday to Rs 77. The decline wiped out over Rs 16,000 crore in market capitalisation after reports said govt may shelve bids for a majority stake in the lender because offers were below its minimum price expectations. Govt has been attempting to sell its…
NEW DELHI: Magicbricks has partnered with National Real Estate Development Council (NAREDCO) to institutionalise research-led conversations, structured policy dialogue, and large-scale knowledge dissemination across India’s real estate ecosystem. This collaboration is set to strengthen data-driven engagement in the system.Coming at a time when the sector is transitioning from cyclical volatility to a more formalised and…
. NEW DELHI: HFCL has entered into a long-term supply agreement with an undisclosed company for high-quality, high-fibre-count Optical Fiber Cables (OFC) through its overseas wholly-owned subsidiary. It said the potential value was $1.1 billion. Ready to Make a Smarter Property Decision? Build Your Legacy with TOI Homes. Source link
Top stocks to buy (AI image) Stock market recommendations: MCX, Power Finance Corporation Limited, and BSE are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for buying on March 17, 2026.MCX : Buy in the range between Rs 2,555 & Rs 2,556; Stop Loss: Rs 2,425; Target: Rs…
