Business

Keep abreast on today’s most important business news. Investigate trends, insights, and professional research to maintain your company’s lead in a cutthroat industry.

Market closing Bell: Sensex, Nifty end volatile session in green as crude oil rebounds

Market closing Bell: Sensex, Nifty end volatile session in green as crude oil rebounds

Mumbai: Indian benchmark indices Sensex and Nifty ended the volatile yet range-bound trading session flat as investors turned cautious amid mounting geopolitical headwinds and rising crude oil prices. The 30-share BSE Sensex closed with a slight gain of 26.76 points or 0.03 per cent at 78,520.30. Buying interest at lower levels helped the index recover steadily during the session, allowing it to erase initial losses and move into positive territory. However, the positive momentum faded as the session progressed. A sharp sell-off post 3 pm weighed on the indices, triggered by a combination of global and domestic factors. Sharp selling…
Read More
Uttar Pradesh’s infrastructure corridors rewriting real estate map, investors betting big

Uttar Pradesh’s infrastructure corridors rewriting real estate map, investors betting big

New Delhi: There is a certain point at which infrastructure stops being a backdrop and becomes the prime mover. Uttar Pradesh appears to be approaching that point now. The expressway grid, Purvanchal, Bundelkhand, and increasingly the Ganga corridor, is no longer just connective infra. It is quietly dictating where land matters, and perhaps more importantly, where it did not earlier. The numbers, at first glance, appear to confirm momentum. UP RERA data shows capital inflows rising to Rs. 68,328 crore in 2025, a 53.5 per cent year-on-year jump, alongside a 22.5 per cent increase in approved units to nearly 85,000.…
Read More
CBI arrests two senior executives of Reliance Communications in bank fraud case

CBI arrests two senior executives of Reliance Communications in bank fraud case

Mumbai: The Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications (RCom)in connection with a Rs 2,929.05 crore bank fraud case. According to the information shared, the investigating agency has arrested D Vishwanath and Anil Kalya of M/s Reliance Communications controlled by Anil D Ambani. According to the agency, both played pivotal roles in managing corporate finance and banking operations for the beleaguered telecom firm. The investigating agency said that D Vishwanath, joint president of R Com, was overall in charge of the group's banking operations, and that, on his directions, the misutilisation of funds was…
Read More
MCX share price: Stock ends session in green post SEBI nod to set up coal exchange subsidiary

MCX share price: Stock ends session in green post SEBI nod to set up coal exchange subsidiary

Mumbai: Shares of India's leading commodity bourse, Multi Commodity Exchange (MCX), ended the trading session in the green after it informed exchanges that it had received approval from the markets regulator, SEBI, to invest in a proposed coal exchange company. The stock opened in the green, gaining 0.47 per cent to Rs 2,869, against the previous close of Rs 2,855.45 on the BSE. During the day, it touched the intraday high of Rs 2895.10 and the intraday low of Rs 2845.60. At today's high, the stock was just 1.75 per cent away from the 52-week high of Rs 2903.05, hit…
Read More
FMCG stock below Rs 50 hits upper on listing on National Stock Exchange, check share price and other details

FMCG stock below Rs 50 hits upper on listing on National Stock Exchange, check share price and other details

Mumbai: Shares of tobacco manufacturing company Elitecon International Ltd. started the trading session in the green on the BSE and later hit its 5 per cent upper circuit at Rs 45.68. The action follows the company's equity shares commencing trading on the National Stock Exchange (NSE). Sharing the listing details, the company said that shares have been admitted to dealings under the "Permitted to Trade" category in the NSEโ€™s Capital Market segment. With this, the company is broadening its investor base. The company is already listed on the BSE with the code 539533.ย  "A presence on both leading Indian exchanges…
Read More
Stock under Rs 50 in focus after certification by Confederation of Indian Industry, check share price

Stock under Rs 50 in focus after certification by Confederation of Indian Industry, check share price

Mumbai: Shares of Rathi Steel And Power Limited, a manufacturer of stainless steel and mild steel long products, are in focus today. The stock opened gap up at Rs 22.74 with a gain of 5.67 per cent against the previous close of Rs 21.52 on the BSE. It further advanced to touch a high of Rs 22.80, representing a gain of 5.9 per cent from the previous close. Last seen, the stock was trading in green at Rs 22.75, up 5.72 per cent, and the company's market cap stood at Rs 196.48 crore. The stock has been gaining over the…
Read More
Gold falls by Rs 1,800 on MCX, silver slides over 2% amid profit booking, spike in crude oil prices

Gold falls by Rs 1,800 on MCX, silver slides over 2% amid profit booking, spike in crude oil prices

Mumbai: Rates of precious metals in futures fell on Monday, April 20, 2026, amid profit booking as the US dollar firmed and oil prices climbed over 5 per centย  as a standoff between Iran and the US prevented tankers from using the Strait of Hormuz. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 1,451 at Rs 1,53,158 per 10 grams against the previous close of Rs 1,54,609. It fell further to touch an intraday low of Rs 1,52,799, a drop of Rs 1,810 or 1.17 per cent. Last seen, it was…
Read More
Suzlon Share Price: Renewable energy stock falls after 5-day rally amid this clarification by company

Suzlon Share Price: Renewable energy stock falls after 5-day rally amid this clarification by company

Mumbai: Shares of renewable energy solution provider Suzlon Energy fell after five days of consecutive gain on Monday, April 20, 2026, amid a clarification by company. The company in an exchange filing after market hours on Friday said a it could not ascertain any event that could have triggered Material Price Movement (MPM). "This is to inform that a Material Price Movement (โ€œMPMโ€) has been noticed in the scrip of Suzlon Energy Limited on 17th April 2026 at 12.26 p.m., however we could not ascertain any event or information in the mainstream media which could have triggered this MPM," the…
Read More
Market Opening Bell: Sensex gains 139 points, Nifty flat as oil prices rise amid US-Iran standoff

Market Opening Bell: Sensex gains 139 points, Nifty flat as oil prices rise amid US-Iran standoff

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in green on Monday, amid positive global cues. While the 30-share BSE Sensex added 139.36 points to start the session at 78,632.90, the Nifty gained 37.95 points to open at 24,391.50. In the last trading session, the Sensex closed at 78,493.54 and the Nifty 50 at 24,353.55.ย Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index added 90.55 points, the BSE Smallcap Select Index was up by 2.96 points or 0.04 per cent, to trade at 8,001.47.ย ย  From the Sensex pack, Trent,…
Read More
Yes Bank share price: Stock in focus as lender’s profit jumps 45%, net interest margins improves

Yes Bank share price: Stock in focus as lender’s profit jumps 45%, net interest margins improves

Mumbai: Shares of private-sector lender Yes Bank will be in focus today, as the bank has reported a 45 per cent jump in its March-quarter net profit to Rs 1,068 crore. The stock had ended the last trading session in the green at Rs 20.20, a gain of 1.25 per cent from the previous close of Rs 19.95 on the BSE. The market cap of the company stood at 63,387.11 crore. The stock has been gaining for the last three days and has risen 6.99 per cent in the period. Technically, the stock is trading higher than the 5-day, 20-day…
Read More