Technical perspective indicates a downward short-term trend, with potential for recovery above 23,500. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened flat in trade on Monday. While BSE Sensex was near 77,600, Nifty50 was below 23,550. At 9:19 AM, BSE Sensex was trading at 77,589.93, up 10 points

Donald Trump’s victory immediately buoyed markets from stocks to Bitcoin. Gold is going to take a lot longer to turn things around.In the two days following his win, Gold’s performance was the worst in at least 13 US presidential election windows, according to Deutsche Bank. Gold prices have dropped almost 7% since election day, even

NEW DELHI: FM Nirmala Sitharaman, a frequent user of social media, on Sunday took to X to respond to a user’s suggestion seeking relief for the middle class.“I recognise and appreciate your concern. PM @narendramodi ‘s govt is a responsive govt. Listens and attends to people’s voices. Thanks once again for your understanding. Your input

NEW DELHI: Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields.With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in

NEW DELHI: Days after Niti Aayog CEO BVR Subrahmayam sought a review of joining RCEP, think tank GTRI on Sunday, thumbed down the idea, arguing it will only benefit China in the wake of its opaque trade practices and was unlikely to boost FDI.“Any benefits from RCEP would likely be minimal and incremental, especially considering

MUMBAI: The September quarter of FY25 was the second consecutive three-month period when Nifty 50 companies showed a single-digit growth in net profits, thanks to the poor showing by companies in the commodities sector. However, the good news is that the second half of the current fiscal is expected to be better, a report by

NEW DELHI: Government is all set to allow 100% foreign direct investment in insurance business, paving the way for large companies to enter the market on their own, while allowing individual insurance agents to hawk policies of multiple companies, lifting the cap on being associated with only one life and general insurer.The twin measures are

NEW DELHI: Brazil’s proposal to tax the super-rich is unlikely to be carried through when leaders of the G20 meet in Rio De Janeiro later this week as the original plan has been “significantly diluted” due to the stiff resistance from developed countries.Under its G20 Presidency, Brazil had proposed a 2% minimum tax on the

NEW DELHI: Tata group will buy into the India operations of Apple’s manufacturing partner Pegatron almost a year after acquiring the business of another supplier Wistron. The deal will make the company one of the biggest contract suppliers to the American electronics giant, along with Taiwanese giant Foxconn.Tata group, which has been making inroads into

India voiced strong concerns regarding developed nations’ reluctance to engage meaningfully in discussions about supporting climate initiatives in developing countries at the COP29 conference in Baku while highlighting that addressing climate change requires substantial financial and technological assistance.India, during the Mitigation Work Programme’s closing plenary on Saturday, highlighted how developed nations, despite their historical responsibility