BUSINESS
An Indian digital rupee will act as a beacon of stability and ease cross-border payments
A legal framework to add stablecoins to the portfolio of financial assets is underway in some countries. India has an e-rupee issued by RBI. To complement it, a digital rupee anchored to Government of India bonds can be issued to serve as a cross-border payment tool to lower transaction costs for millions remitting money back home.
INDIA
ELI on the heels of PLI represents Modi govt's strategic continuum to transform India’s economic landscape
Together, the PLI and ELI schemes exemplify a holistic and future-ready approach to India’s economic transformation
BANKING
Monetary Policy: Mission accomplished, now over to you
Though the measures appear bold and decisive, they raise two pivotal questions.
MARKETS
CLOSING BELL: Nifty at 24,750, Sensex slips 180 points as auto, metal, IT dampen sentiment
Sensex today | Indian benchmark indices ended lower on Friday, weighed down by mixed global cues. Broader markets, which had been resilient so far, gave in to profit-taking, with the Smallcap index snapping a five-day winning run. In contrast, PSU banks outperformed, rallying nearly 3 percent as investors cheered their robust Q4 earnings.
STARTUP
Beyond Unicorns: The Heartbeat of India's Startup Surge
MARKETS
Closing Bell : Nifty closes at 24,125 while Sensex rises 855 points; Nifty Bank touches record high with all other sectoral indices ending in green
Domestic indices Nifty 50 and Sensex extended their gains for the fourth consecutive session on April 21, as banking stocks contributed to the sharp upswing. Broader markets gain about 2%
BUSINESS
Business in the Week Ahead (March 31-April 4, 2025)
High frequency economic indicators are turning more and more green. A bunch of them are on the way. Just sharpen your investment skills. The runway is calling. What to look out for next week? We get you a friendly guide here
BUSINESS
Closing Bell: Indices end on weak note; Sensex falls 420 pts, Nifty ends below 22,800
Sectoral indices struggled, with 12 of 13 major indices closing in the red. Nifty Metal was the sole gainer, rising over 1 percent. Nifty Auto plunged 2.5 percent amid reports of a potential import duty cut on EVs from 110 percent to 15 percent, clearing the path for Tesla’s India entry. Mahindra & Mahindra, Tata Motors, and TVS Motors led the decline.
BUSINESS
Closing Bell: Sensex drops 398 pts, Nifty below 25,000; Tata Motors, NTPC, Adani Ports top losers
Stock Market LIVE Updates| Sensex Today : Among sectors, the Nifty Oil & Gas Index was the biggest loser, down 2%, followed by Nifty PSU Bank and Nifty Metal, which fell 1.8% and 1.5%, respectively. Nifty Auto and Realty also declined by 1.2% each. On the upside, Nifty FMCG was the top gainer, rising 0.3%.
BUSINESS
Moneycontrol Mutual Fund Summit Highlights: Mutual Fund Distributor Awards ceremony concludes
Moneycontrol Mutual Fund Summit 2024 Highlights: The 2024 edition of the ‘Moneycontrol Mutual Fund Summit’ was held on August 21 in Mumbai. This year’s theme is was 'How SIPs Are Empowering Bharat’, which highlighted the growing impact of SIPs in driving financial inclusion in India.
INDIA
Kawardha Accident News Highlights: Chhattisgarh CM announces Rs 5 lakh as ex-gratia for kin of deceased
Chhattisgarh Accident News Highlights: Chhattisgarh Chief Minister Vishnu Deo Sai has announced Rs 5 lakh each as ex-gratia for the kin of the deceased and Rs 50000 will be provided to the injured.
TECHNOLOGY
AI Alliance Shaping The Future of NCR Highlights: AI will impact teachers’, students’ productivity positively, says PhysicsWallah co-founder
AI Alliance Shaping The Future of NCR Highlights: Prateek Maheshwari, Co-founder of PhysicsWallah, says, “Every tech brings some threat. But for me, it is an amazing tool that will impact teachers’ and students’ productivity positively. Replacing teachers would be like replacing parents from our life.”
BUSINESS
Closing Bell: Sensex up 253 pts, Nifty above 22,450; BSE Midcap hits new high, Smallcap closes near record
Sensex Today | Closing Bell | In sectoral indices, Nifty Consumer Durables led with a 2.8% increase, followed by Nifty Realty, Metal, and Auto, each up by 1.7%. However, Nifty IT index was the top loser, dropping 0.9%.
BUSINESS
Closing Bell | Sensex ends 118 points lower, Nifty holds 22200; BSE MidCap up 0.6%, Smallcap gains 1%
Sensex Today | Stock Market LIVE Updates: Nifty PSU Bank Index led gainers, up 1.4%, followed by Nifty Realty and oil & gas, both up 1%. Nifty FMCG Index was the top loser, down 1%, with Nifty auto down 0.5%. Nifty Bank and Nifty Private Bank indices slipped 0.3% each.
BUSINESS
Closing Bell: Sensex up 330 pts, Nifty holds 22,200; M&M, L&T, JSW Steel, NTPC top gainers
Sensex Today | Stock Market LIVE Updates: Among sectoral indices, Nifty Metal was the top gainer, up 2.77 percent, followed by Nifty auto and oil & gas , which were up 1.8 percent each. Nifty PSU Bank, Consumer durables, and realty were up 1 percent each. Among losers, Nifty FMCG and Pharma were down 0.5 percent each
INDIA
Ghatkopar Hoarding Collapse News Highlights: Death toll rises to 8, several hospitalised
Mumbai Storm News Highlights: BMC Commissioner Bhushan Gagrani says, “We suspect 20-30 more people trapped under that hoarding which collapsed in Ghatkopar. A total of eight people have died in the incident." Rescue operation is still underway and more than 60 people have been hospitalised, including one whose condition is critical.
BUSINESS
Closing Bell | Sensex ends 260 points higher, Nifty above 22,000; BSE MidCap, SmallCap up 0.8% each
Nifty Metal led gains, up 1.5%, with FMCG, Auto, and Pharma following at 1% each. Nifty IT led losses, down 0.8%, trailed by Nifty Realty and Nifty PSU Bank, both down 0.4% and 0.3% respectively.
INDIA
Closing Bell | Sensex down over 1000, Nifty ends below 22000 mark; midcap, smallcap bleed
Except Nifty Auto, all sectors declined. Nifty Oil & Gas was the top loser, falling by 3.2 percent. Nifty Metal and FMCG indices dropped 2.9 percent and 2.5 percent respectively. Nifty Pharma and Realty indices fell 2 percent each. Among gainers, Nifty Auto rose by 0.8 percent.
BUSINESS
Closing Bell | Sensex, Nifty ends flat; Tata Motors, PowerGrid, NTPC, L&T top gainers
On BSE, 2133 stocks advanced, 1661 declined, and 132 remained unchanged. Nifty Oil & Gas led gainers with a 1.7% rise, followed by Nifty Metal and Auto, each up by 1.48%. However, Nifty Private Bank witnessed the steepest decline, down by 0.8%.
BUSINESS
Closing Bell | Sensex down 384 pts, Nifty ends below 22300; PowerGrid, Indusind Bank, Tata Motors top losers
In sector performance, Nifty Realty led with a 4 percent drop, trailed by Nifty Metal and Healthcare, each down by 2.5 percent. Nifty Auto, PSU Banks, Oil & Gas sectors all saw declines of over 2 percent each.
ASSEMBLY-ELECTION
Karnataka Election 2024 Highlights: Voter turnout recorded at 66.05% till 5 pm across 14 constituencies
Karnataka Election 2024 Highlights: An estimated 9.45 percent turnout was reported during the first two hours since voting began for the second phase of Lok Sabha polls in Karnataka in 14 constituencies.
BUSINESS
Closing Bell: Sensex, Nifty end flat; Kotak Mahindra Bank, TCS soar, Titan, SBI slump
Among sectoral indices, the Nifty Realty index jumped 2.76 percent. Among losers, Nifty PSU Bank index dropped 3.66 percent, Consumer durables, oil & gas lost 2.55 percent and 1.75 percent respectively.
SPORTS
IPL 2024, DC vs MI highlights: Mumbai Indians come close but valiant Varma innings not enough for win
DC vs MI IPL Live Score, Delhi Capitals vs Mumbai Indians Highlights: The Arun Jaitley stadium witnessed an epic clash between the Delhi Capitals and Mumbai Indians as the crowd were treated to a six-hitting masterclass by both teams. After being put in to bat first by MI, DC posed an imposing total of 257/4 riding on a blitzkrieg of an innings by Jake Fraser-McGurk, who hit 84 off just 27 balls. In response, Mumbai Indians came very close to the target of 258 but fell short by 11 runs as DC register back-to-back wins as they move up the table.
INDIA
Israel-Iran Conflict Highlights: Biden condemns Tehran offensive, calls for G-7 meeting
Israel Iran conflict Highlights: US President Joe Biden denounced the Iranian drone strikes on Israeli military installations and reiterated Washington, DC's "ironclad" backing for a concerted Group of Seven (G7) diplomatic response, despite rumors that he is also trying to defuse the situation.
