Sensex, Nifty turn choppy ahead of RBI policy
The Hindu
Reliance Industries Limited, Tata Steel, Titan, Dr Reddy's and Wipro were among the gainers.
Equity benchmarks Sensex and Nifty opened on a choppy note on Friday tracking slight gains in index majors Wipro, Tata Steel and RIL as investors remained cautious ahead of the RBI policy outcome.
After surging 262 points in opening trade, the Sensex paired most of its gains to trade 7.57 points higher at 59,042.52. The Nifty inched up 9.65 points at 17,649.20.
From the 30-share pack, Reliance Industries Limited, Tata Steel, Titan, Dr Reddy's and Wipro were among the gainers.
In contrast, Tech Mahindra, NTPC, and HDFC twins were among the major laggards.
"RBI monetary policy will decide the further directions for the markets," Mohit Nigam, Head - PMS, Hem Securities, said.
In Asia, markets in Hong Kong, Seoul, Shanghai, and Tokyo were trading lower in mid-session deals.
Stocks in the U.S. ended higher in the overnight session.
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.
Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.