Finance

October 17, 2026 8:06 AM

Stocks slip as dollar heads for weekly loss

Global stocks fell modestly on Friday as markets stabilized after a sharp tech-led selloff, while the dollar headed for a weekly loss. Markets have been rattled this week by concerns over higher interest rates and the debt-fuelled financing behind the AI boom, triggering a selloff in technology and...

October 16, 2026 4:22 PM

Stock markets end higher for 2nd day, led by strong buying in IT firms

Benchmark indices Sensex and Nifty closed higher for the second straight day on Friday, driven by strong buying in IT stocks amid firm global trends. The 30-share BSE Sensex climbed 413.66 points, or 0.56 per cent, to settle at 74,729.27. During the day, it surged 463.17 points, or 0.62 per cent, t...

October 16, 2026 12:23 PM

Govt hikes windfall tax on petrol, cuts levy on diesel exports

The Central Government has increased the windfall tax on petrol exports to ₹2.5 per litre from ₹0.5 per litre, while reducing the levy on diesel exports to ₹8.5 per litre from ₹16 per litre for the fortnight beginning October 16. According to a notification issued by the Ministry of Finance...

October 16, 2026 10:39 AM

Stock markets trade lower during early session amid profit-taking

Benchmark indices Sensex and Nifty drifted lower in early trade on Friday amid profit-taking, a day after recording a sharp rally. Relentless foreign fund outflows and a decline in blue-chip Reliance Industries after a 4 per cent rally in the previous trade added to the overall bearish trend in equ...

October 15, 2026 1:11 PM

Reliance Industries shares climb 3 percent as Jio Platforms sets IPO price band

Shares of Reliance Industries rallied 3 per cent on Thursday after Jio Platforms Ltd, the digital and telecom arm of the firm, set a price band of Rs 1,065 to Rs 1,119 per share for its initial public offering that could raise about Rs 30,213 crore at the top of the range, making it India's largest....