Why is stock market down today? Nifty50 goes below 23,800; BSE Sensex crashes over 1,100 points – top reasons for fall

Stock market crash today (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, plunged in morning trade on Thursday as global cues turned negative due to a host of factors. While Nifty50 went below 23,800, BSE Sensex plunged around 1,200 points. At 11:18 AM, Nifty50 was trading at 23,810.30, down 367…

Read More

Zensar emerges frontrunner to buy Mastek in $900mn deal

BENGALURU: Zensar Technologies is said to be close to acquiring Mastek in an $850–$900 million stock-and-cash deal. The move bolsters the ongoing trend of consolidation in the IT/ITeS services sector, driven partly by the dramatic changes ushered in by AI and global customers looking to reduce their number of vendors.The past year saw multiple acquisitions,…

Read More

Sunetra Pawar wins Baramati bypoll with 2.18L votes, a national record; nearest rival gets just 935 votes | Pune News

Sunetra wins by 2.18L votes, tells party to let work speak PUNE: Deputy chief minister Sunetra Pawar, riding a sympathy wave, on Monday won the Baramati bypoll by a margin of 2,18,034 votes, the highest-ever recorded by any candidate in an assembly election in the country.She polled 2,18,969 votes and New Rashtriya Samaj Party candidate…

Read More

China springs surprise with 5% growth

China’s economic growth rebounded more than expected in the first quarter, suggesting limited spillovers so far from the war in Iran but revealing few signs of turnaround in weak consumer spending. Powered by strong manufacturing and exports, gross domestic product expanded 5% from a year ago, the fastest in three quarters, according to a statement…

Read More