Sensex, Nifty decline on weak global cues, foreign fund outflows
The Hindu
Benchmark indices fall in early trade due to global weakness, FIIs outflows. BSE Sensex down 251 points, Nifty 65.85 points. Major laggards: Titan, M&M, IndusInd Bank, Asian Paints, Tata Steel, Maruti, Tata Motors, Nestle
Benchmark equity indices declined in early trade on Friday due to weak trends in global markets and unabated foreign fund outflows.
The 30-share BSE Sensex fell 251.25 points to 64,580.95, extending its previous day's decline. The Nifty declined 65.85 points to 19,329.45.
Among the Sensex firms, Titan, Mahindra & Mahindra, IndusInd Bank, Asian Paints, Tata Steel, Maruti, Tata Motors and Nestle were the major laggards.
Bajaj Finance, Power Grid, Tech Mahindra and NTPC were among the gainers.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in negative territory.
The US markets ended lower on Thursday.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,712.33 crore on Thursday, according to exchange data.
Kerala's wellness sector faces uncertainty due to the West Asian crisis, impacting tourism and threatening economic stability.
Experts link Punjab's distress migration to economic stagnation and job mismatches, highlighting systemic failures in political leadership.
India's merchandise exports remain flat in February, with Commerce Secretary warning of a potential dip in March due to trade constraints.
Hard Rock International closes 10 outlets in India, including three cafes in Bengaluru, while Goa hotel remains open.
The booming market for artificial intelligence servers brought Taiwan's Foxconn a 24 percent jump in annual net profit, the company said
In a statement on its website, Adobe said it has in recent years streamlined its sign-up and cancellation processes and made them more transparent.
Stock markets recover as Sensex and Nifty bounce back following a three-day slump, driven by value-buying in blue-chip stocks.
U.S. President Donald Trump’s administration is set to receive a roughly $10 billion fee from investors in the recently completed deal to take control of TikTok’s U.S. business, the Wall Street Journal reported
Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters
Learn how to choose the best personal loan lender by evaluating eligibility, interest rates, and borrowing experience.
Discover why pension planning is essential in modern India to ensure financial security and peace during retirement.
The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.
NHAI raises annual pass fee to ₹3,075 from April 1, 2026, streamlining toll payments for FASTag users.