US markets opened in the red Tuesday morning, reacting to fresh economic data that showed the economy unexpectedly contracted in the first quarter of 2025. Investor sentiment soured sharply, sending major indexes tumbling.By 9:51 AM ET, Dow Jones Industrial Average sank 661.52 points (-1.63 per cent) to 39,866.1, and the Nasdaq Composite dropped 440.63 points…
NEW DELHI: Indian airlines are staring at additional weekly operational expenses of approximately Rs 77 crore due to closure of Pakistan airspace, amid escalating tensions in the aftermath of the Pahalgam terror attack.The closure is forcing airlines to take longer alternative routes, increasing fuel costs and flight durations significantly.Based on the number of international flights…
Stock market holiday (AI image) Stock market holidays 2025: Indian stock exchanges, including the National Stock Exchange (NSE) and the BSE, will remain closed on Thursday, May 1, 2025, observing Maharashtra Day, a regional holiday commemorating the formation of Maharashtra state in 1960.Trading across all segments, including equities, equity derivatives, currency derivatives, and securities lending…
Pakistan and the IMF reached an agreement in July 2024 for a $7-billion package under the extended fund facility. (AI image) India-Pakistan tensions escalate: India may challenge a proposed $1.3-billion International Monetary Fund (IMF) loan for Pakistan at the forthcoming board meeting of the global institution, according to three sources privy to the deliberations.On May…
Gold’s ability to deliver high long-term returns significantly declines over time. (AI image) By Chethan ShenoyGold buying on Akshaya Tritiya: Traditionally, Gold has always been considered a safe haven asset for investors, offering protection during times of uncertainty. But it is important to understand that it a sentiment driven asset.The price of gold is not…
The performance of dollar bonds shows a decline of nearly 4% this month. (AI image) Pakistan’s dollar bonds and equities are heading towards their poorest monthly performance since 2023, with growing India-Pakistan tensions affecting investor confidence.The performance of dollar bonds shows a decline of nearly 4% this month, whilst equities have decreased almost 3%. In…
Representational AI image Asian markets moved in different directions on Wednesday with countries like Japan and Taiwan registering small gains, following a strong performance on Wall Street the previous day.However, ongoing concerns about US trade policy under president Donald Trump continued to make investors worried.Associated Press reported that in Tokyo, Japan’s main stock index Nikkei…
Stock market today (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in red on Wednesday. While Nifty50 went below 24,300, BSE Sensex was near 80,100. At 9:16 AM, Nifty50 was trading at 24,293.95, down 42 points or 0.17%. BSE Sensex was at 80,133.01, down 155 points or 0.19%.Nifty ended…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Inox Wind, Symphony and Jyoti CNC are the top stocks to buy today:INOX WIND: BUY in ₹173–₹170 Range | Stop Loss: ₹162 | Target: ₹190Inox Wind recently gave a range breakout and…
MUMBAI: Maharashtra emerged as India’s best-performing state in CareEdge Ratings’ 2025 state rankings, followed by Gujarat and Karnataka. The annual index, based on 50 quantitative indicators across seven pillars-economic, fiscal, infrastructure, financial development, social, governance, and environment-places Maharashtra at the top for financial development, with strong performances in economic, fiscal, and social metrics.Gujarat leads the…
