Sensex falls 535 points dragged by HDFC & IT shares, weak global trends
The Hindu
The 30-share BSE Sensex fell by 535.88 points or 0.75% to settle at 71,356.60. During the day, it tumbled 588.51 points or 0.81% to 71,303.97
Stock markets declined for a second day in a row on January 3 with benchmark Sensex closing lower by 535 points due to selling in HDFC Bank and IT shares amid weak global trends.
The 30-share BSE Sensex fell by 535.88 points or 0.75% to settle at 71,356.60. During the day, it tumbled 588.51 points or 0.81% to 71,303.97.
The broader Nifty of the National Stock Exchange slipped 148.45 points or 0.69% to 21,517.35.
Among the Sensex firms, JSW Steel, Tata Steel, Tech Mahindra, Infosys, Wipro, Tata Consultancy Services, Nestle, HCL Technologies, HDFC Bank and Maruti were the major laggards.
IndusInd Bank, ITC, Bharti Airtel and State Bank of India were among the winners.
In Asian markets, Seoul and Hong Kong settled lower while Shanghai ended in the green.
European markets were trading lower. The U.S. markets ended mostly lower on Tuesday.
India seeks alternative sources for specialty fertilizers from Belgium, Egypt, and others due to China's export restrictions.
India and Russia commit to enhancing trade in national currencies, aiming for $100 billion bilateral trade by 2030.
Stock markets soar as RBI cuts interest rates, with Sensex rising 447 points amidst positive investor sentiment and revised growth forecasts.
AAP's Raghav Chadha calls for banning 10-minute delivery services, highlighting the harsh conditions faced by gig workers.
IndiGo flight cancellations: Follow LIVE updates from The Hindu as IndiGo's operations face issues with over 400 flights cancelled today.
DGCA grants IndiGo exemption from night-duty limits for pilots amid widespread flight cancellations and operational disruptions.
RBI to launch a two-month campaign in January 2026 to address pending grievances with the Ombudsman for improved customer service.
RBI plans ₹1 lakh crore OMO in December to boost liquidity amid upcoming tax payments, ensuring stability in the banking system.
IndiGo faces ongoing flight delays and cancellations due to technology issues, weather, and new crew rostering rules.
Stock markets experience volatility as investors await RBI's monetary policy amid foreign fund outflows and mixed global trends.
ED attaches assets worth ₹1,120 crore in Anil Ambani's Reliance Group case, totaling ₹10,000 crore amid money laundering probe.
Rupee rises 20 paise to 89.69 against the dollar as investors await RBI's monetary policy decision amidst market pressures.
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.