The $500 billion wipeout marked the second-largest single-day loss in market value recorded by a company, after chipmaker Nvidia lost nearly $600 billion in early 2025 Shares of Google parent Alphabet plunged more than 12% on Thursday, wiping out around $500 billion in market value in one of the biggest single-day losses in stock market…
The Sensex and Nifty are likely to open higher after gaining over 1% each in the previous session, supported by strong corporate earnings. However, surging crude oil prices above $117 a barrel amid renewed Middle East tensions could cap gains. Asian markets traded lower amid AI-related concerns, while foreign investors turned net sellers of Indian…
File photo: Sagility logo MUMBAI: IIFL Capital on Thursday night launched a block deal for up to 56 crore shares of Sagility Ltd that could be worth nearly Rs 2,400 crore or about $250 million. Netherlands-based Sagility BV, a promoter group entity, is the seller. Source link
NEW DELHI: Asian Paints on Thursday reported a 7.5% year-on-year increase in consolidated net profit at Rs 1,067 crore for the Sept quarter, as strong sales growth across domestic coatings and international markets was partly offset by rising raw material costs and pressure on operating margins. Net sales rose 17% to Rs 9,954 crore. Source…
NEW DELHI: Commerce and industry minister Piyush Goyal on Thursday said the govt will ensure that sensitive sectors, including agriculture, are protected as part of the trade deal with the US.“I have the courage of conviction to announce boldly that once details are out on the US trade deal, the people of India will celebrate…
MUMBAI: The US central bank’s decision to keep interest rates unchanged late on Wednesday, combined with some slowdown in the intensity of selling by foreign funds in recent days, boosted investor sentiment on Dalal Street on Thursday. As a result, sensex rallied 905 points or 1.2% to close at 74,151 points while on NSE, Nifty…
The Nifty crossed its key 20-day exponential moving average (20-DEMA) level of around 22,825 during the session. It extended its gains through the afternoon as buying picked up across sectors. Realty, fast-moving consumer goods (FMCG) and select banking stocks led the advance. Indian stock markets rallied sharply on Thursday, with the Sensex rising over 900…
Microsoft posts $36.6 billion profit as 60,000 staff offered voluntary exits Microsoft reported a 32 per cent year-on-year rise in net income to $36.6 billion in the July-September quarter, days after announcing a voluntary buyout offer for around 60,000 employees, more than a quarter of its global workforce.India is among the four countries where the…
Rupee strengthens against US dollar NEW DELHI: Rupee strengthened against the US dollar in early trade on Thursday, rising 11 paise to 95.17 after the American currency softened following the US Federal Reserve’s latest policy decision. The currency opened at 95.20 at the interbank foreign exchange market before moving higher. It had settled at 95.28…
Are banks closed on Karwa Chauth NEW DELHI: Planning a quick trip to the bank today? You might want to check the holiday calendar first.The festive season brings a fresh round of bank holidays, but closures are not the same across India, as they depend on the festivals and regional occasions observed in each state.Today,…
