Business

09

Jul

By The Press Editor

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Business

Sensex, Nifty rebound after sharp correction in previous session, Eternal, Airtel among top gainers | Markets

Mumbai: Despite the sharp correction in the previous session, Indian equity benchmark indices, the Sensex and Nifty, opened in the green on July 9, 2026, as most Asian markets traded higher and risk appetite showed signs of recovery. While the 30-share BSE Sensex added 72.54 points or 0.46 per cent to start the session at 76,576.14, the Nifty gained 46.9 points to open at 23,928.95. In the last trading session, the Sensex closed at 76,503.60 and the Nifty 50 at 23,882.05. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index was…

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08

Jul

By The Press Editor

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Business

This IT stock trades in green even as benchmark indices fall over 1.50% amid fresh US-Iran tensions | Markets

Mumbai: Despite benchmark indices Sensex and Nifty declining significantly on Wednesday amid renewed US-Iran tensions and a fresh spike in crude oil prices, shares of BSE-listed Blue Cloud Softech Solutions traded in the green. While the 30-share BSE Sensex tanked 1,222.65 points, or 1.56 per cent, to 76,958.07, the 50-share NSE Nifty tumbled 380.30 points, or 1.56 per cent, to 24,018.40. Amid this, the stock opened in the green at Rs 21.70, up from the previous close of Rs 21.55, on the BSE. It later touched the intraday high of Rs 22.09, representing a gain of 2.50 per cent. Last seen,…

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08

Jul

By The Press Editor

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Business

SIP vs Lump Sum: What works better in today’s volatile markets? Experts explain | Personal-finance

New Delhi: Investing in stock markets can be challenging for new investors, especially when the markets are highly volatile. In such circumstances, investors can find it difficult to choose the right investment option within mutual funds, with SIP (Systematic Investment Plan) and lump sum investments being the primary options. Both of these investment methods are in vogue, implying that while investing via SIP works better for some investors, others prefer lump sum investments. According to experts, the SIP versus lump sum debate has no universal answer, and the right choice depends heavily on the investment's market path, not just the…

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08

Jul

By The Press Editor

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Business

This cable stock hits fresh 52-week high even as stock markets crash on renewed US-Iran tensions: Details | Markets

Mumbai: Shares of Diamond Power Infrastructure Ltd (DPIL), which is into manufacturing of cables and conductors, hit fresh 52-week high on Wednesday, July 8, 2026, even as benchmark indices fell sharply by over 2 per cent during the fag-end of the trade amid reports that the US President Donald Trump said the interim agreement with Iran is over, leading to a sharp rally in crude oil prices. The 30-share BSE Sensex tanked 1,722.99 points, or 2.20 per cent, to 76,457.73 in intraday trade. The 50-share NSE Nifty tumbled 530.05 points, or 2.17 per cent, to 23,868.65. Despite this, the stock…

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08

Jul

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Business

Investors lose Rs 8.05 lakh crore as Sensex crashes 1,677 points, Nifty falls over 2% | Markets

Mumbai: Benchmark indices Sensex and Nifty crashed on July 8, 2026, after following US President Donald Trump's remarks that the interim agreement with Iran was "over". The 30-share BSE Sensex fell 1,677.12 points, or 2.15 per cent, to settle at 76,503.60. During the day, the benchmark hit a high of 77,851.18 and a low of 76,259.03, gyrating 1,592.15 points. The 50-share NSE Nifty was down 516.65 points, or 2.12 per cent, and ended the session at 23,882.05. Similarly, the broader market ended in the red. While the BSE MidCap Select Index shed 389.93 points, or 2.14 per cent, the BSE…

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08

Jul

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Business

Sensex tumbles 1,700 points, Nifty below 23,900, India VIX above 28, here’s why markets crashing today | Markets

Mumbai: Indian equity markets opened sharply lower as investors turned cautious amid renewed hostilities between the United States and Iran. However, the benchmark indices extended losses and plunged over 2 per cent after US President Donald Trump said an interim agreement with Iran to end the war was “over”, reigniting fears of a fresh escalation in the Middle East. The BSE Sensex fell 1,707.94 points to trade at 76,,472.78 and the Nifty 50 slumped 521.2 points to 23,877.50.  All the 30-Sensex firms were trading in the red. InterGlobe Aviation, Maruti, Hindustan Unilever, UltraTech Cement, Bajaj Finance and Mahindra & Mahindra were…

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08

Jul

By The Press Editor

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Business

BSE-listed NBFC stock gains as company incorporates wholly-owned subsidiary into digital payments ecosystem | Markets

Mumbai: Shares of non-banking financial company (NBFC) Golden Legend Leasing & Finance Ltd continued to gain for the third consecutive day on Wednesday even as benchmark indices Sensex and Nifty tumbled amid a spike in crude oil prices due to renewed US-Iran tensions. The 30-share BSE Sensex tanked 537.83 points to 77,642.89, while the 50-share NSE Nifty was down 163.55 points to 24,235.15. Despite this fall, the stock opened flat at Rs 9.11 on the BSE and gained to touch the intraday high of Rs 9.56, representing a gain of 4.93 per cent. Last seen, the stock was trading at…

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08

Jul

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Business

Gold, silver edge lower on MCX on renewed US-Iran tensions | Check city-wise rates | Markets

Mumbai: Rates of precious metals in futures opened with a weak bias on Wednesday, July 08, 2026, after fresh US strikes on Iran lifted oil and the dollar ahead of the release of the Federal Reserve's June meeting minutes. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 192, or 0.13 per cent, to Rs 1,45,200 per 10 grams, against the previous close of Rs 1,45,392. It fell further to an intraday low of Rs 1,44,750, down Rs 642 or 0.44 per cent. In between, it touched an intraday high of Rs…

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08

Jul

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Business

Knack Packaging IPO listing: Shares list at 11% premium over issue price | Markets

Mumbai: Shares of packaging solutions provider Knack Packaging Ltd made a decent debut on the bourses today. The share listed at Rs 188 on the National Stock Exchange (NSE), a premium of 10.59 per cent over the issue price of Rs 170. On the BSE, the stock started trading at Rs 186. Earlier, the initial public offering (IPO) of Knack Packaging Ltd received strong investor participation, with the issue subscribed 83.33 times on the final day of bidding on Friday. The Rs 439. According to data available on the National Stock Exchange (NSE), the 439.5-crore public issue received bids for…

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08

Jul

By The Press Editor

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Business

Sensex falls 364 points, Nifty below 24,300 as crude oil prices rebound after fresh US strikes on Iran | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the trading session in the red on July 7, 2026, as crude oil prices rebounded sharply after fresh US strikes on Iran reignited geopolitical tensions. While the 30-share BSE Sensex shed 364.27 points or 0.46 per cent to start the session at 77,816.45, the Nifty fell 139.15 points to open at 24,259.55. In the last trading session, the Sensex closed at 78,180.72 and the Nifty 50 at 24,398.70. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index was down by 83.39…

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