Market experts anticipate sideways trading in Indian markets due to the lack of significant short-term catalysts. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was above 25,850, BSE Sensex was near 84,700. At 9:16 AM, Nifty50 was trading at 25,864.25, up…
Capital outflow due to FII activity has been driven by geopolitical uncertainty. Rupee stayed under pressure on Wednesday, opening at a record low of 91.07 against the US dollar, down 0.05% from its previous close, before clawing back part of its losses, likely supported by intervention from the Reserve Bank of India (RBI), Reuters reported.The…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are CG Power, Marico, and Britannia:CG Power – Reversal from Trendline SupportBuy near: ₹670–₹660 | Stop Loss: ₹634 | Target: ₹730 | Time Frame: 30–60 DaysCG…
New Delhi: Virtually denouncing the World Trade Organisation (WTO), the US has blamed the Geneva-based body for creating global imbalances and said that it cannot be the forum to solve existing and future problems of the trading system.“The US has serious concerns with the trading system embodied by the WTO, given that the system has…
Elon Musk became first person ever to have a fortune exceeding $600 billion, with the sharp rise in the value of his companies, particularly SpaceX, driving his net worth to unprecedented levels. The latest jump follows a offer launched by SpaceX earlier this month that values the private rocket company at $800 billion, up from…
Thinking of investing in stocks but wondering which picks will offer the fastest returns? Identifying consistent wealth creators can be tricky as the stock market is volatile. Motilal Oswal Financial Services has released a list of the top 10 fastest wealth-creating stocks over the past five years, from 2020 to 2025. The brokerage has defined…
In a significant overhaul of retirement withdrawal norms, exiting the National Pension System (NPS) has become more flexible for non-government subscribers. Under amended rules notified by the Pension Fund Regulatory and Development Authority (PFRDA), eligible NPS members can now withdraw up to 80 per cent of their retirement corpus as a lump sum at the…
Steve Cahillane to become CEO of KRaft Heinz, which currently in process of splitting (AP file photo) US-origin food MNC Kraft Heinz has tapped Steve Cahillane as the new CEO, effective January 1, 2026, as the company prepares for its division into two separate entities.He will subsequently lead the Global Taste Elevation Co., which will…
Aviation turbine fuel (ATF) sales declined by over 4 per cent in early December, driven by IndiGo‘s widespread flight cancellations, according to preliminary industry data released on Tuesday. The aviation sector in India had shown steady growth in jet fuel demand for two years following recovery from Covid-related disruptions. However, this pattern shifted when IndiGo…
Warren Buffett’s lessons don’t just extend to markets and investment – they are often regarded as pearls of wisdom for dealing with life’s ups and downs. (AP file photo) Warren Buffett is known for many things – he is one of the richest persons in the world, a master of investment, the ‘Oracle of Omaha’,…