Market turns weak ahead of monthly expiry, Nifty slips below 26,000

The Nifty 50 closed 0.42% lower at 25,960, slipping below the 26,000 mark, while the Sensex dropped 441 points to 84,791.

The Nifty 50 closed 0.42% lower at 25,960, slipping below the 26,000 mark, while the Sensex dropped 441 points to 84,791.

The IT and ITES industry, one of the country’s most formalised sectors and a major employer, will see statutory costs rise across salary structures, health requirements, and compliance processes.

Devina Mehra of First Global said that the broader market remains narrow, with only a small share of stocks outperforming despite index gains. She also cautioned that global diversification requires more than US tech exposure, pointing to the risks in…

The tragic crash of Tejas fighter jet in Dubai will not impact HAL’s business operations, financial performance or its future deliveries, the company said.

Ghulam Zia of Knight Frank told CNBC-TV18 that the payment aspect for workers could just end up solving the labour shortage issue, which has been the Achilles heel for the real estate players.

Jefferies said Shyam Metalics has a strong growth outlook and is positioned among the top three stainless steel producers in the country.

Shares of Highway Infrastructure, Patel Retail, and VMS TMT, despite the hefty subscription to their IPOs, including those from the retail shareholders, are currently trading below their issue price.

The contract won by Dilip Buildcon from NALCO spans 25 years, with the first three years dedicated to engineering, procurement and construction (EPC) work valued at ₹1,750 crore and covering 7 million tonnes. The remaining 22 years comprise mining operations…

The rupee rebounded to 89.17 against the US dollar after RBI intervention, lower Brent crude prices, and a positive Sensex and Nifty opening, following a record low of 89.66.

Fortis Healthcare, One97 Communications (Paytm), GE Vernova T&D and Siemens Energy India are the four additions to the MSCI India Standard Index. Tata Elxsi and CONCOR have been removed from the Standard Index and shifted to the Smallcap Index.