Indian equity markets are set to open on a cautious but positive note on Friday, August 29, as traders look to shake off a two-day losing streak. Focus will be firmly on the Annual General Meeting (AGM) of Reliance Industries, scheduled for later in the day, along with key domestic macroeconomic data releases. At 7:40…
Market closing update: Indian equity markets ended lower on Thursday, August 28, as investors continued to digest the effect of new 50 per cent tariffs on US exports that came into force on Wednesday. At closing, the BSE Sensex dropped 562 points, or 0.70 per cent, settling at 80,224. The Nifty50 index closed down 163 points,…
Shares of Dr Agarwal’s Eye Hospital Ltd (AEHL) plunged as much as 18 per cent on Thursday, August 28, after the company announced a merger with its listed parent — Dr Agarwal’s Health Care Ltd (AHCL). The sharp fall came as investors appeared to react negatively to the proposed share-swap arrangement. By 1:15 p.m., AEHL…
Domestic equity benchmarks suffered sharp losses on Tuesday amid a broad-based sell-off, led by financial stocks, as investors fretted about an official US notification confirming the Trump 2.0 administration’s move to take the total duty on Indian goods to 50 per cent. Both headline indices tumbled 1.0 per cent for the day. The Sensex gave…
Market opening bell: Indian equities opened lower on Tuesday, August 26, tracking weak global cues and rising geopolitical tensions. Investors turned cautious ahead of fresh US tariffs set to take effect from Wednesday. The BSE Sensex declined 211 points, or 0.26 per cent, to around 81,425, while the Nifty50 slipped 76 points, or 0.30 per cent,…
Ola electric shares today: Ola Electric saw its shares rise as much as 5 per cent on Monday, touching an intraday high of Rs 49.40, after reports emerged that Niti Aayog is stepping up efforts to accelerate the shift toward electric motorcycles in India. According to Hindu Businessline, the government’s policy think tank has called a…