Finance

October 9, 2026 10:28 AM

Stock markets rebound in early trade led by TCS, other IT firms

Benchmark indices Sensex and Nifty rebounded in early trade on Friday after two days of sharp decline, led by a rally in TCS and other IT stocks. The 30-share BSE Sensex climbed 292 points to 71,876.10 in early trade. The 50-share NSE Nifty was up 84.60 points to 22,310.40. From the 30 Sensex firm...

October 9, 2026 8:22 AM

Tech stocks struggle on AI spending worries, elevated yields

Asian stocks slipped on Friday and were poised for a second straight weekly drop as investors fretted about elevated energy prices, bond market ructions and the huge sums needed to fund AI investment. Brent crude futures were at $103.70 per barrel in Asian hours after surging more than 4% in the pr...

October 8, 2026 10:15 AM

Indian equity markets open flat; financial shares drag

Domestic equity benchmarks opened largely flat on Thursday with Nifty opening around 22,600 mark as gains in IT and pharma stocks were offset by weakness across financial, FMCG and auto stocks. Nifty opened at 22,599.05, down 4 points or 0.02 per cent. Similarly, Sensex started at 72,668, up 29.3...

October 8, 2026 8:37 AM

Asia shares subdued, bonds swamped by AI debt wave

Asian shares slipped on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for limited funding. A fresh rise in oil prices added to the pressure on Treasuries, though a strong auction of US ...

October 7, 2026 11:24 AM

RBI raises FY27 GDP growth projection by 40 bps to 7.1%

Reserve Bank of India Governor Sanjay Malhotra on Wednesday raised the central bank's real GDP growth projection for the current financial year 2026-27 by 40 basis points to 7.1 per cent, citing the resilience of domestic economic activity despite global headwinds.   Announcing the outcome of the...