Sensex drops over 150 points in opening trade; Nifty tests 15,100 level
The Hindu
Elsewhere in Asia, bourses in Shanghai and Tokyo were trading on a negative note in mid-session deals.
Equity benchmark Sensex dropped over 150 points in opening trade on Wednesday, tracking losses in index majors Reliance Industries, HDFC Bank and Kotak Bank amid a negative trend in global markets. The market, however, turned flat in the first half hour of trading. The 30-share BSE index was trading 6.73 points or 0.01% higher at 50,200.06, and the broader NSE Nifty advanced 1.50 points or 0.01% to 15,109.60. M&M was the top loser in the Sensex pack, shedding around 1%, followed by ONGC, Kotak Bank, ITC, HUL and HDFC Bank. On the other hand, PowerGrid, SBI, UltraTech Cement, Nestle India and NTPC were among the gainers.
U.S. approves Wegovy pill for weight loss, expanding access to obesity treatment with a convenient daily oral option.
RBI Bulletin highlights resilient economic activity in India, driven by robust demand, despite challenges in external trade and inflation.
Biofabri and Bharat Biotech partner to advance MTBVAC, a tuberculosis vaccine, ensuring equitable access and manufacturing readiness in India.
India anticipates doubling trade with New Zealand to $5 billion in five years following a historic women-led free trade agreement.
Rupee dips 3 paise to 89.70 against the dollar amid trade deal concerns and rising crude oil prices.
Government to release new series of retail inflation, GDP data from February, IIP from May next year
The Indian government will release new macroeconomic data series, including GDP and inflation, starting February 2026.
Granules India secures U.S. FDA tentative approval for its ADHD generic, enhancing access to critical therapy and expanding its generics portfolio.
Italy’s competition authority (AGCM) said on Monday it had fined U.S technology giant Apple and two of its divisions 98.6 million euros ($115.53 million) over alleged abuse of their dominant position in the mobile app market.
India denies duty concessions on dairy imports from New Zealand in recent trade pact negotiations, prioritizing local farmers' protection.
India-New Zealand free trade agreement offers zero-duty access, $20 billion investment pledge, and enhanced trade in multiple sectors.
India and New Zealand finalise a trade deal, enhancing exports and fostering economic growth between the two nations.
Stock markets rise as foreign fund inflows boost investor confidence, with major gains from Infosys, Tata Steel, and Tech Mahindra.
Warner Bros. Discovery is in the middle of a Hollywood tug-of-war between Netflix and Paramount.