Business

21

May

By The Press Editor

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Business

Market Opening Bell: Sensex surges 414 points, Nifty above 23,800 amid firm global cues, BEL top gainer

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started today's trading session on May 21, 2026, on a strong bullish note, supported by firm global cues, easing geopolitical anxiety, and improving risk sentiment across global equities. While the 30-share BSE Sensex surged 414.03 points or 0.54 per cent to start the session at 75,732.42, the Nifty added 171.05 points to open at 23,830.05. In the last trading session, the Sensex closed at 75,318.39 and the Nifty 50 at 23,659. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index gained 151.95…

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20

May

By The Press Editor

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Business

Jewar Airport connectivity to get a boost with DND-Faridabad-Sohna highway project – Details

New Delhi: Union Minister Nitin Gadkari on Tuesday inspected the DND-Faridabad-Sohna highway project. This highway, which originates from DND, the junction between Delhi and Noida, will connect Faridabad and Sohna (Gurugram). Part of the Delhi-Mumbai Expressway, the highway will also provide easy and quick access to the Noida International Airport in Jewar. Union Minister Nitin Gadkari was accompanied by Union Ministers of State Ajay Tamta and Harsh Malhotra, Delhi Chief Minister Rekha Gupta, and several other prominent leaders. Highway being developed under Bharatmala Pariyojana Gadkari said that the DND-Faridabad-Sohna access-controlled highway project is being developed under the Bharatmala Pariyojana. The…

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20

May

By The Press Editor

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Business

EPFO WhatsApp Service for PF soon: Know balances, claim status by simply typing ‘Hello’, details here

New Delhi: If you are employed and a member of the Employees' Provident Fund Organisation (EPFO), you will soon be able to get information related to your PF balance, claim status and last five transactions on WhatsApp. All you need to do is send a message by typing 'Hello'. The entire information will then appear on your smartphone screen. This service will be available 24 hours a day, seven days a week. This service is expected to be launched in a month. To increase access for its members and simplify services, the EPFO plans to launch a new service on…

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20

May

By The Press Editor

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Business

Parle Industries shares hit upper circuit, but it has nothing do with PM Modi-Meloni’s ‘melody’ moment

Mumbai: Shares of Parle Industries Ltd surged 5 per cent to lock in the upper circuit even as benchmark indices remained volatile. The counter opened in the red at Rs 4.95, down from the previous close of Rs 5 on the BSE. However, it picked up momentum after 12 noon, amid a spurt in trading volume of more than 3.06 times, and was locked in a 5 per cent upper circuit. This surge came after Italian Premier Giorgia Meloni shared a video in which she thanked Prime Minister Narendra Modi for gifting her 'Melody' toffees. Manufactured by Parle Products, it…

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20

May

By The Press Editor

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Business

This logistics stock surges 15% after company shares acquisition update, check details

Mumbai: Shares of logistics solution provider Sindhu Trade Links surged over 15 per cent even as benchmark indices remained volatile today. The action comes amid the company informing exchanges that its board will consider acquisitions. The stock opened in the red at Rs 22.11 against the previous close of Rs 22.54 on the BSE. However, it surged amid a spurt in trading volume by more than 8.66 per cent to touch the intraday high of Rs 25.95, representing a gain of 15.13 per cent. Despite the volatility in the market, the stock held firmly in green and was trading at…

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20

May

By The Press Editor

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Business

UDAN 2 to be launched soon, India to have 100 new airports: Civil Aviation Minister K Rammohan Naidu

New Delhi: Civil Aviation Minister K Rammohan Naidu on Wednesday said that UDAN 2 will be launched soon with the aim of supporting affordable flying and deepening regional connectivity. Naidu said this while unveiling a series of passenger-friendly initiatives at Ranchi airport, including the Udan Yatri Cafe, aimed at offering affordable food to travellers. Calling the initiative a success across several airports, Naidu said the government's focus is to make air travel more accessible and comfortable. "Udan Yatri Cafe to be started in all airports to provide affordable eatables to everyone," he added. Country must stay alert amid West Asia crisis He…

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20

May

By The Press Editor

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Business

Larsen & Toubro Dividend: Shares of civil construction company to trade ex-date soon, details here

Mumbai: Shares of engineering and construction giant Larsen & Toubro (L&T) will be on investors' radar in the next couple of days as the company has announced a significant dividend for its shareholders. The company's board announced this cash reward alongside its fourth-quarter results. However, investors will have to wait for shareholder approval at the company's upcoming Annual General Meeting (AGM) on June 10 to receive this dividend. This is a good opportunity for investors seeking additional income through their stock market investments. However, it is important to note that one should hold the shares before the ex-date in order…

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20

May

By The Press Editor

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Business

Gold drops amid high bond yields, silver slips below Rs 2.67 lakh per kg | Check city-wise rates

Mumbai: Rates of precious metals in futures dropped significantly on Wednesday, May 20, 2026, amid a rise in the US dollar and bond yields. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 106 or 0.06 per cent at Rs 1,59,080 per 10 grams against the previous close of Rs 1,58,974. It continued the downward trend to touch an intraday low of Rs 1,57,959, a fall of Rs 1,121 or 0.70 per cent. Last seen, it was trading at Rs 1,58,380 with a fall of Rs 700 or 0.44 per cent. In…

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20

May

By The Press Editor

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Business

3,000% return in 5 years: Defence stock continues to gain post strong quarterly results, check details

Mumbai: Shares of Apollo Micro Systems Ltd (AMSL), a technology-driven firm in the aerospace, defence, and homeland security sectors, continue to gain after strong quarterly results. The stock surged over 7 per cent today, even as benchmark indices fell due to elevated oil prices, weak global market trends, and renewed fears of a resumption of military operations if Iran failed to reach a peace deal. While the Sensex tanked 517.11 points to 74,667.51 in early trade, Nifty dropped 152.45 points to 23,475.80. Amid this, the stock opened in the green at Rs 342.90, up from the previous close of Rs…

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20

May

By The Press Editor

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Business

Market Opening Bell: Sensex drops 394 points, Nifty near 23,450 as global markets extend losses

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the trading session on Wednesday, May 20, 2026, on a negative note amid rising geopolitical uncertainty and negative global cues, driven by inflation worries that have pushed up global bond yields. While the 30-share BSE Sensex fell 394.36 points or 0.52 per cent to start the session at 74,806.49, the Nifty shed 160.75 points to open at 23,457.25. In the last trading session, the Sensex closed at 75,200.85 and the Nifty 50 at 23,618. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap…

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