Sensex Rallies 600 Pts, Nifty Hits 24,800 as IT Leads Market Rebound
Nifty Surges Past 24,800, Sensex Rallies Nearly 600 Points as IT and FMCG Stocks Lead Rebound Indian equity benchmarks regained ground on May 23, rebounding strongly from the previous session's…
Nifty IT Index Jumps 2% as Bernstein Predicts Earnings Revival on Strong Deal Momentum
The Indian IT sector saw a robust rally on May 23, with the Nifty IT index rising nearly 2%, after global brokerage firm Bernstein projected a positive outlook for the…
IndusInd Bank Faces ₹4,975 Crore Hit in Q4FY25 Due to Derivatives and MFI Lapses
In a major financial setback, IndusInd Bank has reported a hit of ₹4,975 crore in the March quarter (Q4FY25), stemming from accounting adjustments related to derivative instruments and lapses in…
Nifty Tests 24,800, Sensex Surges 600 Points as Bulls Make a Comeback — IT, FMCG Lead the Rally
In a powerful rebound from the previous session's sharp losses, Indian benchmark indices staged an impressive rally on Friday, May 23, shrugging off concerns from the global bond rout and…
IndusInd Bank Faces Governance Crisis: Analysts Warn of Deepening Confidence Issues
IndusInd Bank is grappling with a major crisis of confidence, as concerns around internal governance, accounting lapses, and ongoing financial discrepancies shake investor sentiment. While the bank maintains that a…
Sun Pharma Q4 Net Profit Drops 19% to ₹2,154 Crore; Declares ₹5.50 Final Dividend for FY25
Sun Pharmaceutical Industries Ltd reported its financial results for the fourth quarter ended March 31, 2025, revealing a dip in profitability despite strong revenue growth. In Q4FY25, Sun Pharma’s consolidated…
Trump’s ‘One Big, Beautiful Bill’ Passes US House: What It Means for Indians in America
In a significant political move, the US House of Representatives has passed the ‘One Big, Beautiful Bill Act’, a sweeping tax and spending package that encapsulates former President Donald Trump’s…
ITC Q4 Results: Profit Jumps to ₹19,562 Crore with One-Time Gain, Declares ₹7.85 Dividend
ITC Ltd has announced its financial results for the fourth quarter of FY25, surprising the market with a net profit of ₹19,562 crore, significantly higher due to a one-time exceptional…
HAL Breaks Out from 8-Month Consolidation; Experts See Potential Upside with Rs 5,150 Target
Hindustan Aeronautics Ltd (HAL), a key player in the aerospace and defence sector, has finally broken out of an eight-month-long consolidation phase, bringing fresh optimism for traders and investors. This…
SEBI Chairman Tuhin Kanta Pandey Hints at Progress on NSE IPO: ‘Will Move Forward Soon’
In a major update for market enthusiasts and investors, SEBI Chairman Tuhin Kanta Pandey has confirmed that the outstanding issues related to the long-awaited NSE IPO are in the final…
