IT Stocks Slide as US Budget Concerns Spark Global Selloff
On May 22, Indian IT stocks took a beating as rising concerns around the US fiscal deficit sent shockwaves across global equity markets. The Nifty IT index dropped nearly 1.4%…
Nifty Tests 24,600, Sensex Sinks Over 700 Points as Global Risk-Off Sentiment Weighs on Markets
Indian stock markets opened sharply lower on Thursday, May 22, as investors turned risk-averse following a surge in global bond yields. This global cue led to heavy selling across equity…
India Launches Global Campaign Against Pakistan’s Terror Links, Sends Dossier to UAE
n a significant move on the diplomatic front, India has initiated a global outreach campaign to expose Pakistan’s alleged involvement in terrorism. The Centre has officially dispatched the first of…
SEBI Plans Settlement Scheme for Commodity Brokers in NSEL Case: Approval Likely in June
The Securities and Exchange Board of India (SEBI) is likely to unveil a settlement scheme for commodity brokers caught up in the long-standing NSEL case. According to sources familiar with…
Sensex Slips 550 Points from Day’s High, Nifty Below 24,850 as Market Volatility Rises
Indian stock markets witnessed a volatile trading session on May 21, with the Sensex and Nifty giving up strong morning gains due to pressure in financial and metal stocks. By…
Major Blow to Naxals: Over 26 Killed in Chhattisgarh Encounter with Security Forces
In one of the biggest operations against Naxals in recent times, more than 26 Naxalites have been killed in an intense encounter with security forces in Chhattisgarh. The incident took…
Indian Pharma Stocks Rally After US Push for Branded Drug Price Alignment
Indian pharma stocks saw a strong rebound on May 21 after a key announcement from the US Department of Health and Human Services (HHS). The department stated that drugmakers are…
IPO Pipeline Strong for 2025: Nearly 70 SEBI-Approved Companies Set to Hit the Market
India’s IPO market is buzzing with anticipation as nearly 70 companies with SEBI approval are ready to launch their public issues anytime soon, according to data from Prime Database. This…
Drone Stocks Rally Up to 50% After Operation Sindoor; Defence Sector Buzzes with Order Expectations
Drone and defence-related stocks are soaring, riding high on optimism following Operation Sindoor. After the Indian armed forces launched this decisive operation in response to the Pahalgam terrorist attack, the…
S&P 500 Futures Dip, Snapping Six-Day Rally? Nvidia in Spotlight as Markets React
Wall Street’s momentum faces a speed bump today, as futures show signs of weakness following a modest yet positive close on Monday. Stock futures in the U.S. edged lower early…
