Stock market rally explained: Crude fall, US-Iran deal reports push Sensex higher

The Sensex rose 1,695 points to end at 75,528, while the Nifty advanced 461 points to close at 23,623, reclaiming the 23,600 level.

The Sensex rose 1,695 points to end at 75,528, while the Nifty advanced 461 points to close at 23,623, reclaiming the 23,600 level.

The demand for electric vehicles in India has exploded as petrol prices surged. The CEO of Ather Energy, third biggest by market share, says he’s preparing for operating factories at more than 100% capacity in the coming weeks.

Lighthouse Canton says foreign outflows from India may be ending, sees AI absence and capex driven sectors as advantages, but outlook hinges on oil staying near $90 a barrel.

Reserve Bank of India measures may draw $40 to 50 billion in FY27, boosting forex reserves, easing liquidity and supporting rupee and bank credit growth.

Shares in the “Magnificent Seven” – a group that includes some of the biggest tech names on Wall Street, namely Nvidia, Apple, Amazon.com, Alphabet, Meta, Tesla, and Microsoft, have all declined since last Friday.

The proposed fund raise, which could exceed ₹6,000 crore, is being considered to support the company’s expansion plans and help it meet SEBI’s minimum public shareholding (MPS) norms.

According to the notice, the FSSAI is seeking a detailed Action Taken Report (ATR), including, source / vendor details and internal quality check logs of the batch in question and steps taken to ensure such incidents do not recur.

Oil prices dropped to a three-month low amid growing optimism around a US-Iran agreement, boosting OMCs, airlines and paint stocks. HPCL, BPCL and IOC surged up to 5%, while upstream oil producers such as ONGC and Oil India came under…

Sustainability focused investors and pension funds shun the SpaceX IPO, warning Elon Musks extreme control and weak governance erase shareholder rights and heighten risk

Among those shortlisted are a recently retired deputy governor at the Reserve Bank of India (RBI), a retired bureaucrat, a former head of a public sector bank, a former India CEO of a multinational company, and a technology veteran.