First Trade: Sensex falls over 900 pts, Nifty hovers near 24,100 as India-Pak tensions escalate; defence stocks gain

First Trade: Sensex falls over 900 pts, Nifty hovers near 24,100 as India-Pak tensions escalate; defence stocks gain

Indian equity benchmarks nosedived in Friday’s session (May 9, 2025) as India continued its retaliation across major cities in Pakistan following the neighbouring country’s failed attempts to target bordering regions on the Indian side, including Union Territory Jammu and Kashmir. The BSE Sensex index tumbled 952 points or 1.2 per cent, while the NSE’s Nifty dropped 156 points to…

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Asian stocks trade mixed after US Fed holds interest rate steady; Hang Seng leads gains

Asian stocks trade mixed after US Fed holds interest rate steady; Hang Seng leads gains

Asian markets today: Asian stocks in Thursday’s session traded on a cautious note after the US Federal Reserve held its key rate steady and reiterated that it isn’t in a hurry to lower rates. The US central bank flagged the risks of higher unemployment and higher inflation, further obscuring the economic outlook. Following President Donald Trump’s announcement of…

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First Trade: Sensex opens 700 points lower after India’s retaliatory strike on Pakistan; Paytm up 5%

First Trade: Sensex opens 700 points lower after India’s retaliatory strike on Pakistan; Paytm up 5%

Indian equity benchmarks opened lower after India’s retaliatory strike on Pakistan as part of operation Sindoor post the horrific Pahalgam attack.  As cautious sentiment prevailed, at the open, the  BSE Sensex was lower by 609.49 points, or 0.76 per cent, at 80,031.58, and the Nifty50 was at 24,360.75, lower by 18.85 points or 0.08 per cent. Meanwhile, the…

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Asian markets today: Japan, South Korea, Hong Kong, China shut for public holidays; Australian stocks trade weak

Asian markets today: Japan, South Korea, Hong Kong, China shut for public holidays; Australian stocks trade weak

Asian stocks opened muted on Monday (May 5, 2025) amid public holidays in some of the key markets, including Japan, South Korea, Hong Kong and Mainland China. The key MSCI Asia ex Japan index traded higher by 0.45 per cent. The Hong Kong Stock Exchange (HKEX) is officially shut to observe Vesak Day- a significant public holiday in Hong Kong…

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