Stock Market Crash: Biggest single-day Nifty fall in 21 months wipes out ₹13 lakh crore market cap
10 stocks on the Nifty 50 are now trading at 52-week lows, led by Bajaj Finance, HDFC Bank, Bajaj Finserv, HUL and Cipla.
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HCC JV wins ₹1,662 crore Goregaon-Mulund Link Road contract from BMC
Hindustan Construction Company Ltd (HCC) won a ₹1,662 crore contract from Brihanmumbai Municipal Corporation for Phase IV of the Goregaon-Mulund Link Road.
Stock Market Sell-Off: Five Nifty 50 stocks that are at a 52-week low today
Benchmark indices have sold off sharply on Thursday, March 19, with investor wealth worth over ₹9 lakh crore being wiped out. Most of the Nifty 50 constituents are trading with losses, while five of them have slumped to a 52-week…
European gas prices surge up to 35% as West Asia tensions hit LNG supply
While shipments had already been suspended earlier this month due to the conflict, the fresh attacks have raised fears of prolonged disruptions, potentially keeping gas prices elevated across Europe and Asia.
JK Cement emerges preferred bidder for 350-hectare limestone block in MP
JK Cement Ltd is the preferred bidder for the 350-hectare Itauri-Jharkua limestone block in Panna, Madhya Pradesh. The company reported a 23% YoY fall in Q3FY25 net profit.
HDFC Bank board likely to seek CEO Sashidhar Jagdishan’s extension: Sources | EXCLUSIVE
HDFC Bank’s board is likely to seek an extension for CEO Sashidhar Jagdishan, with the RBI also backing continuity, sources said.
Sohum Asset CIO backs HDFC Bank, calls recent concerns temporary, sees valuation opportunity
Sohum Asset Managers’ CIO Sanjay Parekh said investor caution stems from uncertainty despite regulatory reassurance and management clarity. He highlighted strong long-term fundamentals, stable growth outlook, and improving merger-related metrics. Parekh expects sentiment to normalise soon, with institutional investors likely…
Shriram Finance shares fall 7%, the most in two years to lead Nifty 50 losses
The decline marks the stock’s sharpest fall since June 2024, and it has now dropped in three of the last five trading sessions.
A rare phenomenon hits HDFC Bank’s ADR after Atanu Chakraborty’s exit
Over the last six years, the bank’s ADR has slipped into a discount against the Indian entity only four times, with Wednesday’s discount of about 2.2% being the steepest.
Fed to stay cautious on rate cuts with inflation still in focus, says William Lee
William Lee, Chief Economist and MD at Global Economic Advisors, says markets are grappling with repeated supply shocks—from Covid to wars—yet global growth, especially in the US, has remained resilient. However, rising uncertainty and energy disruptions risk diverting capital into…