Global markets plunged amid geopolitical tensions as US President Donald Trump declared the ceasefire with Iran ‘over’, causing a surge in oil prices and volatility in capital markets.
The Reserve Bank of India (RBI) has approved the appointment of Mahesh Muralidhar Pai as the Managing Director and CEO of South Indian Bank for a period of three years starting from October 1, 2026. The market reaction to the news has been significant, with the bank’s shares tanking 9.86% to the day’s low of Rs 43.02 on BSE.
Axis Bank, India’s third-largest private-sector lender, is experiencing a significant leadership shake-up with three senior executives departing from the company. The departures come as the lender reorganizes key positions in its corporate banking and debt capital markets. Will the bank’s ability to adapt to the changing market landscape determine its future success?
Global markets witnessed a sharp decline on Wednesday morning following US military strikes on Iran, with crude oil prices surging sharply. The Sensex and Nifty 50 opened lower, with pharma and energy stocks leading the gainers. Market participants are advised to exercise caution in this challenging environment.
The Indian stock market is expected to witness a negative start on Wednesday as indicated by the GIFT Nifty’s decline. Investors should be cautious about their investments in the near term. Stay updated with the latest market news and trends to make informed investment decisions.
Get the latest insights on the Indian stock market’s volatility and key factors influencing market sentiment. Stay informed about the US Fed minutes, Q1FY27 earnings, and the progress of the monsoon, and adjust your portfolio accordingly.
Hitachi Energy announces a significant expansion plan in Tamil Nadu, India, with a ₹1,000 crore investment to boost its facilities in Chennai and Chengalpattu, creating a substantial number of high-quality technology jobs in the state.
Info Edge reports strong Q1FY27 performance with 14% year-on-year rise in billings, reaching Rs 737 crore. The company acquires edtech platform Coding Ninjas for Rs 39.91 crore and commits additional Rs 180 crore to startup investment fund.
Indian stock markets are experiencing a significant uptrend driven by foreign fund inflows and stabilised crude oil prices. Investors should watch market developments and consider FPI activities and crude oil prices impact on their investment decisions.
IT stocks are trading at multi-year lows, offering bank FD-like dividend yields, but is it a trap for investors or a buying opportunity? The sector’s current malaise goes beyond a typical macroeconomic slowdown, with a unique convergence of technology and business cycle headwinds from GenAI-led deflation and geopolitics.
