Sensex scales 60,000 as stocks continue to rally
The Hindu
The index has risen about 10,000 points in a few days short of eight months, since crossing 50,000 on February 3.
The S&P BSE Sensex on Friday crossed the 60,000 mark to reach 60048.47, gaining 163.11 points or 0.27% with buying support. The index has risen about 10,000 points in a few days short of eight months, since crossing 50,000 on February 3.
The market had been performing well over the last few quarters owing to ‘huge liquidity, upward earnings cycle, economic revival owing to fading COVID-19 effect’, said Piyush Garg, CIO — ICICI Securities Ltd..
“However, market participants should be wary of rising inflation and resulting removal of liquidity from the system. During [calendar year] 2021, some central banks, namely Russia, Korea, Ukraine, have raised rates,” he said.
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.
Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.
Worli, Mumbai, dominates India’s ultra-luxury apartment market, accounting for 40% of transactions worth ₹5,500 crore in two years.
IndiGo faces disruptions due to a hiring freeze, prompting pilots' body to urge regulatory intervention for safe operations.
Nvidia CEO Jensen Huang met separately with U.S. President Donald Trump and Republican senators Wednesday
Rupee falls to 90.43 against the dollar amid RBI's restrained intervention and high importer demand, causing market concerns.
Meta’s poaching of Apple's Alan Dye underscores its push to expand consumer hardware beyond its smart glasses
Airbus orders upgrades for 6,000 A320 aircraft after a JetBlue incident raises concerns about software vulnerability to solar radiation.