Finance

October 30, 2026 10:05 AM

Sensex, Nifty open flat amid weak global cues; IT stocks buck trend

Indian equity benchmarks opened on a flat note on Friday, tracking cautious global sentiment and elevated crude oil prices. Sensex opened at 74,199.69, up 48.65 points or 0.07 per cent, while Nifty opened at 22,964.50, up 27.75 points or 0.12 per cent. Sectoral trends in early trade were largely ...

October 30, 2026 9:02 AM

Crypto exchange Binance freezes assets after $6.3 billion security breach

Binance, the world's largest cryptocurrency exchange, said a security breach had resulted in an estimated $6.3 billion impact that analysts said could amount to the biggest crypto heist ever and might make investors rethink the risks of owning digital assets. Binance said it had worked with partner...

October 30, 2026 8:31 AM

Stocks slump, bonds leap as AI giants’ spending spooks investors

Tech shares slumped in Asia on Friday, the yen rose and bonds surged toward their biggest monthly gain in nearly three years as investors scurried to safety against worries that huge and rising AI spending may not deliver sufficient returns. Shares in Google parent Alphabet fell 12.6% on Wall Stree...

October 29, 2026 4:07 PM

Sensex climbs over 900 points, Nifty tops 22,900 on FMCG, PSU bank rally

Benchmark equity indices traded higher on Thursday, supported by strong buying in FMCG and public sector banking stocks, while broader markets also remained in positive territory. At the closing bell, the Sensex snapped the two-day losing streak and jumped 905.01 points, or 1.24 per cent to end Th...

October 28, 2026 4:58 PM

Sensex ends in red on selling in IT stocks, rising crude oil prices

Benchmark stock index Sensex fell by 352 points and Nifty closed below 22,700 on Wednesday, dragged down by selling in IT shares and blue-chip Reliance Industries amid rising crude oil prices and caution ahead of the US Federal Reserve's policy decision. The 30-share BSE Sensex opened lower and tan...

October 28, 2026 4:17 PM

Centre approves 3% dearness allowance hike, effective July 1, 2026

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an additional 3 per cent instalment of Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for pensioners, effective from July 1, 2026. With this increase, DA and DR will rise from the ex...

October 28, 2026 10:29 AM

Jio platforms lists at Rs 1,358, commands 21% premium over IPO price

Jio Platforms made a strong debut on the stock market on Wednesday, listing at Rs 1,358 per share, a premium of 21.35 per cent over its issue price of Rs 1,119, following an overwhelming response to its initial public offering (IPO). According to exchange data, the shares were trading at Rs 1,357.4...

October 28, 2026 9:27 AM

Mobile PLI scheme generates ₹25,000 crore in direct taxes: Ashwini Vaishnaw

The government's Production Linked Incentive (PLI) scheme for mobile phone manufacturing has generated ₹25,000 crore in direct tax collections against an incentive payout of ₹19,000 crore, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Wednesday. In a post on...

October 28, 2026 8:59 AM

Jio to make trading debut after record $3.2 billion IPO

Reliance Industries Chairman Mukesh Ambani's telecom and digital services arm, Jio Platforms, is set to make its stock market debut in Mumbai on Wednesday after its $3.2 billion initial public offering (IPO) attracted bids worth $77 billion, making it India's most-subscribed offering, according to t...