Business

27

Mar

By The Press Editor

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Business

Market Opening Bell: Sensex shed 389 points, Nifty holds 23,100 amid weak global cues

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened lower on Friday, March 27, 2026, in tandem with global markets. While the 30-share BSE Sensex shed 389.66 points or 0.51 per cent to start the session at 74,883.79, the Nifty fell 132.9 points to open at 23,173.55. In the last trading session, the Sensex closed at 75,273.45 and the Nifty 50 at 23,306.45. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index shed 244.18 points, or 1.57 per cent, in the early trading session, the BSE Smallcap Select Index was…

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27

Mar

By The Press Editor

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Business

Benchmark indices dive over 2% amid geopolitical uncertainties, rising crude prices

Mumbai: After two days of strong gains, the stock market saw a steady, broad-based decline throughout the session on Friday. The market opened in red and selling pressure increased gradually, ultimately closing with significant losses. The Sensex fell nearly 1,690.23 points or 2.25 per cent to close at 73,583.22, while the Nifty dropped 486.85 points to 22,819.60. Nearly all sectors closed in the red on Friday. PSU banks and realty, in particular, saw declines of more than 3 per cent. Auto, private banks, capital goods, and consumer durables also fell by around 2 per cent. Mid-cap and small-cap stocks also…

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27

Mar

By The Press Editor

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Business

Delhi-Dehradun expressway expected to open for public in early April, preparations in full swing

New Delhi: The much-awaited Dehradun-Delhi Expressway is expected to be inaugurated soon. According to sources, Prime Minister Narendra Modi may visit Dehradun in the first week of April to inaugurate the expressway. Reports suggest that the National Highways Authority of India (NHAI) has indicated that four packages of the Delhi-Dehradun Expressway are fully ready for inauguration. This section extends from Khekra near the Eastern Peripheral Expressway (EPE) to the Saharanpur Bypass. The Chief Secretary of Uttarakhand also recently reviewed the project. According to an official, the inauguration ceremony will be held at the Forest Research Institute, Dehradun, and preparations are…

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27

Mar

By The Press Editor

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Business

SBI Life-backed NBFC stock in focus amid decline in benchmark indices, check full details

Mumbai: Shares of SBI Life-backed NBFC Paisalo Digital Ltd are in focus amid a downfall in the benchmark indices Sensex and Nifty on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Crude oil prices staying above the USD 100 per barrel mark and unabated foreign fund outflows have also made investors risk-averse. The 30-share BSE Sensex tanked 926.92 points to 74,346.53 in early trade, while the 50-share NSE Nifty dropped 280.95 points to 23,025.50. Amid this fall, there is a good buy opportunity…

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27

Mar

By The Press Editor

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Business

Smallcap IT stock under Rs 50 opens in green despite stock market crash – Here’s why

Mumbai: Shares of small-cap IT company Blue Cloud Softech Solutions Ltd started the trading session in the green today, even as the benchmark indices declined in early trade. The stock opened in the green after the company shared information with its investors in its latest exchange filing just before the market opened today. In its latest exchange filing, the company stated that it has received a work order from the office of the Commissioner of Police, Hyderabad City, dated March 25, 2026. Under this order, the company will supply, install, and commission AI-enabled high-performance computing infrastructure. This includes the deployment…

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27

Mar

By The Press Editor

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Business

Noida International Airport: Stunning inside photos emerge ahead of PM Modi’s opening ceremony

New Delhi: Noida International Airport at Jewar is set to be inaugurated by Prime Minister Narendra Modi on March 28, 2026. Ahead of the official launch, the Uttar Pradesh government said the airport is set to become a "game changer" for the state's economy with a wide-ranging impact across agriculture, industry, logistics and employment generation. Ahead of the inauguration, several stunning interior photos of the airport are available online.  (Image Source : FACEBOOK/NARENDRA MODI)Noida International Airport According to the statement, the airport will have an annual capacity of handling around seven crore passengers and nearly 10 lakh tonnes of cargo,…

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27

Mar

By The Press Editor

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Business

Shares of HPCL, BPCL, IOC open in green despite market sell-off – Here’s why

Mumbai: Shares of state-run Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) opened hire on Friday, March 27, 2026 despite benchmark indices Sensex and Nifty tumbling in early trade after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. The 30-share BSE Sensex tanked 926.92 points to 74,346.53 in early trade, while the 50-share NSE Nifty dropped 280.95 points to 23,025.50. The shares of these oil marketing companies (OMCs) opened higher, tracking the excise duty cut of Rs 10…

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27

Mar

By The Press Editor

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Business

Petrol, Diesel Price Today: Check prices of fuel in major cities after excise duty cut of Rs 10 per litre

Mumbai: Amid rising global crude prices due to the ongoing war in the Middle East, the government has slashed excise duty on petrol and diesel by Rs 10 per litre. With this cut, the excise duty on petrol has come down to Rs 3 a litre from Rs 13 earlier, while the levy on diesel has been slashed to nil from Rs 10 earlier. The move is expected to help state-run Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) deal with the rising global crude prices amid the war in the Middle East.…

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27

Mar

By The Press Editor

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Business

Amid global turmoil, govt cuts excise duty on petrol, diesel by Rs 10 per litre – here’s what it means for you

New Delhi: Amid reports of panic buying due to the ongoing war between the US, Israel, and Iran, the government had slashed excise duty on petrol and diesel by Rs 10. The excise duty on petrol has been cut to Rs 3 per litre from Rs 13 per litre earlier, while the excise duty on diesel has been cut to 0 from Rs 10 per litre earlier. The development holds significance amid rising worries about the fuel price hike across the country. This comes after Nayara Energy, India's largest private fuel retailer, raised petrol prices by Rs 5 per litre…

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26

Mar

By The Press Editor

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Business

Nayara Energy hikes petrol, diesel prices across India amid West Asia tensions

New Delhi: Nayara Energy, India's biggest private fuel retailer, on Friday increased the prices of petrol and diesel amid the US-Israel and Iran conflict. According to the information available, the company has increased the price of petrol by Rs 5 per litre and that of diesel by Rs 3 per litre. Nayara Energy Petrol, Diesel New Rates At Nayara Petrol Pump in Bhopal, petrol was previously priced at Rs 106.74 and has now increased to Rs 111.74. Similarly, diesel prices have been increased to Rs 94.86 from Rs 91.86 per litre. Locals are unhappy about the price hike by the private…

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