IT stock investors are struggling with sharp losses as the sector is going through a phase of massive sell offs. In the past three trading sessions, Nifty IT index has plunged almost 8%, erroding almost Rs 2.5 lakh crore from the market value. Traders are also concerned about concerns over AI automation, that could majorly…
Multiple factors have been linked to the recent sharp correction seen in both gold and silver. (AI image) Gold, silver price today: Gold and silver prices have rebounded on Monday after last week’s crash. The yellow metal and white metal are up both in international and domestic markets. Gold and silver futures saw a strong…
NEW DELHI: Ahead of Brazilian President Luiz Inacio Lula da Silva’s visit to India next week, Embraer — which recently announced setting up a final assembly line here with the Adani Group — has stepped up its engagement with the country. An executive-level visit by the Brazilian aerospace major brass has kicked off work to…
Stock market today (AI image) Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened in green on Monday, rallying strongly on the back of India-US trade deal joint statement issued over the weekend, and US President Donald Trump’s executive order revoking 25% penal tariffs. While Nifty50 went above 25,800, BSE Sensex was up…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for the week are Bajaj Finance, and Larsen & Toubro. Here’s his view on Nifty, Bank Nifty for the week starting February 9, 2026:Nifty ViewThe benchmark index went through a…
MUMBAI: State Bank of India has raised its credit growth target for the year after broad-based momentum lifted profitability in the Dec quarter, chairman CS Setty said at a briefing. “On the credit growth advice we had given 12 to 14% credit guidance earlier. We are revising that upwards to 13 to 15% based on…
NEW DELHI: After a near standstill in business, carpet exporters are now seeing some signs of activity.The punishing 50% US tariffs, including 25% penalty for Russian oil buys, had resulted in buyers putting orders on hold, which resulted in operations in Bhadohi and parts of J&K, the two carpet-making hubs, slowing down considerably.“There are 24-25…
NEW DELHI: India’s auto component industry is set for a significant boost following the India-US trade deal, with the agreement providing preferential tariff treatment for Indian auto parts exports, including zero-duty access for some products. The joint statement said India will receive a preferential tariff rate quota for automotive parts currently covered under US national…
NEW DELHI: Commerce & industry minister Piyush Goyal said Sunday that the govt has aggressively sought to push the farm sector’s interests in the US trade deal, while protecting its sensitivities around dairy and agriculture. “We have $30-odd billion of imports. The important thing is we have $55 billion of exports of farm and fish…
MUMBAI: Kotak Bank’s statement that it is not in the race to acquire IDBI Bank would mean that the success of govt’s plan to sell IDBI Bank will depend upon the interest of foreign bidders. Kotak Bank, while never an official contender, was long seen as a potential acquirer given the bank’s high capital adequacy…
