GIFT Nifty surges 800 points in response to Trump’s ceasefire announcement

Based on the GIFT Nifty implied opening, the Nifty 50 is likely to begin Wednesday’s session on a strong note.

Based on the GIFT Nifty implied opening, the Nifty 50 is likely to begin Wednesday’s session on a strong note.

Sensex Today | Stock Market LIVE Updates: For the Nifty, 24,000 levels are back in sight ahead of the start of this quarter’s earnings season. The Nifty Bank will also be key to watch as 1,000-point moves on either side…

MSCI’s Asian stock benchmark increased 2.6% and equity index futures for Wall Street gauges were up over 2%. European stock futures rose 5%.

Bill Ackmans Pershing Square proposes $64 billion cash and stock takeover of Universal Music Group, seeking New York listing, UMG board reviewing unsolicited offer

The announcement made by US President Donald Trump on his Truth Social has sent risk assets soaring, including the equity markets, while oil prices have plunged in double-digits this morning.

Prestige Estates Projects witnessed heavy contributions from geographies such as Bengaluru, NCR, Mumbai, Hyderabad and Chennai.

Lower crude prices are typically negative for upstream players like ONGC and Oil India, but positive for downstream refiners such as HPCL, BPCL, and Indian Oil.

This will be the first instance since the stock listed in 2022, that it will be considering a proposal to issue bonus shares for its shareholders.

US President Trump announced on Truth Social that this will be a “double-sided” ceasefire, subject to Iran agreeing to an immediate and safe reopening of the Strait of Hormuz.

As a result of these last ditch moves and Trump’s announcement subsequently, the US crude oil prices have dropped as much as 13%, to slip below the $100 a barrel mark, having tested highs of $116.5 a barrel on Tuesday.…