October 16, 2025

Zee Business

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

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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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L&T Q4 FY25 Results: Profit grows by one-fourth to Rs 5,497 crore, beats estimates; construction giant declares Rs 34 dividend

L&T Q4 FY25 Results: Profit grows by one-fourth to Rs 5,497 crore, beats estimates; construction giant declares Rs 34 dividend

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Infrastructure major Larsen & Toubro (L&T) on Thursday reported a 25 per cent year-on-year increase in its consolidated profit after tax (PAT) to Rs 5,497 crore for the quarter ended March 31, driven by higher revenues as well as an exceptional gain. The Mumbai-headquartered company’s revenue grew 10.9 per cent to Rs 74,392.3 crore, according to a…

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US Secretary of State Marco Rubio urges ‘immediate de-escalation’, says State Dept spokesperson

US Secretary of State Marco Rubio urges ‘immediate de-escalation’, says State Dept spokesperson

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US State Department Spokesperson Tammy Bruce on Thursday said Secretary of State Marco Rubio has called for restraint amid rising tensions between India and Pakistan. During a press briefing, Bruce said that Rubio spoke to Pakistan Prime Minister Shehbaz Sharif and India’s External Affairs Minister S Jaishankar, urging immediate de-escalation. “This morning Secretary Marco Rubio…

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