Markets maintain winning run for fifth day
The Hindu
Bouncing back from its early fall, the 30-share BSE Sensex climbed 95.71 points
Benchmark indices continued their rally for the fifth day in a row on October 20 amid fag-end recovery in equities triggered by buying in IT counters.
Bouncing back from its early fall, the 30-share BSE Sensex climbed 95.71 points or 0.16% to settle at 59,202.90. During the day, it hit a high of 59,273.85 and a low of 58,791.28.
Similarly, the broader NSE Nifty ended 51.70 points or 0.30% higher at 17,563.95.
From the Sensex pack, HCL Technologies, Tech Mahindra, NTPC, PowerGrid, Bajaj Finserv, Nestle, Bharti Airtel, Tata Consultancy Services and Infosys were among the winners.
However, IndusInd Bank fell the most at 4.71%, followed by Asian Paints, UltraTech Cement, HDFC Bank, Titan and Axis Bank.
Among other Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended lower.
Stock exchanges in Europe were trading on a mixed note in mid-session deals. Wall Street had ended in the negative territory on Wednesday.
Let’s take a look at some of the biggest crypto events of the year.
Silver futures soar to ₹2.32 lakh/kg as global prices exceed $75, marking a record high in commodities trading.
Stock markets decline as Sensex and Nifty fall amid foreign fund outflows and low trading volumes on December 26, 2025.
Rupee drops 23 paise to 89.94 against the dollar amid negative equity trends and rising crude prices.
The commencement of commercial flight from the Navi Mumbai International Airport (NMIA) is expected to speed up infrastructure and real estate development across Navi Mumbai and surrounding regions, analysts & industry executives said.
GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium
Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.
India’s manufacturing sector underperforms compared to China and South Korea, partly due to public sector wages that raise costs and reduce competitiveness.
Non-Resident Indians (NRIs) from the Gulf Cooperation Council (GCC) region, once prominent investors in the Indian equity market are seen shying away due to rupee depreciation and have moved to global funds, said a top financial services executive.
Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.
In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.
Indian stock markets closed lower amid volatility, with key firms lagging as global trends influenced trading activity.
Bharti and Warburg Pincus invest in Haier India, acquiring a 49% stake to enhance growth and innovation in consumer durables.
India's net FDI remains negative for October 2025, with outflows surpassing inflows amid trade deal uncertainties.