Indian stock markets face a sharp decline as Sensex and Nifty slump due to IT stock selloffs amid rising AI disruption fears and renewed global trade concerns. Illustration: Dominic Xavier/Rediff Sensex and Nifty50 Performance: Key Market Highlights Today Indian stock
Indian stock markets face a sharp decline as Sensex and Nifty slump due to IT stock selloffs amid rising AI disruption fears and renewed global trade concerns. Illustration: Dominic Xavier/Rediff Key Points Indian stock market indices Sensex and Nifty fell
Indian exporters face a shifting landscape as US tariffs are set to drop to 10% following a Supreme Court ruling, but uncertainty lingers over potential increases and long-term trade implications. Photograph: Mike Blake/Reuters Key Points US tariffs on Indian exports
Finance Minister Nirmala Sitharaman addresses concerns over the impact of recent US tariff changes on the Indian economy, stating that the Commerce Ministry is actively reviewing the situation before further comment. Photograph: ANI Photo Key Points Finance Minister Nirmala
The Trump administration on April 2, 2025, announced these duties on about 60 nations, including India. It was aimed at providing a level playing field to US exporters. Illustration: Dado Ruvic/Reuters Key Points Normally, companies pass on these taxes to
Global trading houses, Vitol and Trafigura, became the first ones to obtain US licences to load and export Venezuelan oil. Illustration: Dado Ruvic/Reuters Key Points Venezuela produces only about 0.8 per cent of global crude Indian refiners are seeking steep
Despite heavy FPI selling, indices are still only about 5 per cent below record highs. Illustration: Dominic Xavier/Rediff Key Points Market breadth remained weak, with 2,989 stocks declining and 1,229 advancing The spot gold hit a new high of $4,976.59
Stock market benchmarks Sensex and Nifty ended lower on Monday, tracking deep losses in heavyweights Reliance Industries, Eternal, and ICICI Bank amid global tariff uncertainties. Photograph: Francis Mascarenhas/Reuters Besides, weakness in the rupee and unabated flight of foreign capital from
Civil unrest in Iran has started impacting India’s basmati rice exports to the country, leading to a sharp fall in domestic prices, as exporters face payment delays and mounting uncertainties, an industry body said on Tuesday. Photograph: Rajendra Jadhav/Reuters The
Benchmark indices Sensex and Nifty ended lower for the second day in a row on Tuesday, dragged by heavy selling in blue-chips Reliance Industries, HDFC Bank, and worries over fresh warning from the US to further raise tariffs against India.
