Nifty, Sensex Open in Red After US Trade Deal Rally
Indian equity benchmarks Nifty50 and BSE Sensex opened lower on Wednesday, giving up some gains from Tuesday's strong rally fueled by the India-US trade agreement announcement.
Indian equity benchmarks Nifty50 and BSE Sensex opened lower on Wednesday, giving up some gains from Tuesday's strong rally fueled by the India-US trade agreement announcement.
A recent SBI report highlights that India could reduce its annual fuel import expenditure by up to $3 billion by switching to Venezuelan crude oil, leveraging competitive pricing and strategic diversification.
The National Highways Authority of India's plan to shift Kherki Daula toll plaza faces fresh resistance as Pachgaon villagers reject the elevated U-turn proposal, demanding a flyover first.
Four individuals, including a general manager and project manager in Gurgaon's Centrum Plaza, face cheating charges for allegedly diverting Rs 43 lakh to relatives' accounts instead of company clients.
Gurgaon Metropolitan Development Authority will construct a 550-meter stormwater drain connecting Sectors 62 and 65 to complete the drainage network and address chronic waterlogging issues in new sectors along Southern Peripheral Road.
Gold prices surged 3% and silver prices jumped 4% on MCX today as the US dollar weakened, creating favorable conditions for precious metals in Indian markets.
Silver prices on MCX surged 4% on February 4, continuing recovery after sharp corrections. Gold also gained, with silver at ₹2,78,735/kg and gold at ₹1,58,420/10g. Global spot prices rose as risk appetite improved.
The 16th Finance Commission's new tax devolution formula balances population, income gaps, and GDP contribution, reshaping state shares for FY27-31 with key changes to criteria weights.
Amrut Distilleries plans to reach ₹800 crore sales by 2030, with premium whiskies now contributing 35% of revenue. The Bengaluru-based company has expanded capacity by 30% to meet growing demand.
Budget 2026 removes tax-free redemption for secondary market SGB buyers and premature exits after five years. A narrow February 2026 window offers last chance for tax-free premature redemption on specific series.
Investors eye dividend stocks for February 2026 with key ex-dates on February 5. Companies like GAIL, Dr Lal PathLabs, MOIL, Procter & Gamble, and Wheels India announce dividends, offering income opportunities.
Deputy Chief Minister Brajesh Pathak emphasized Uttar Pradesh's rapid transformation in infrastructure, healthcare, and law and order, making it attractive for investors at a Lucknow event.
Top pharmaceutical executives at Lucknow Pharma Conclave hailed Uttar Pradesh's governance reforms, improved security, and business-friendly policies under CM Yogi Adityanath, calling it a model for national development.
Novartis' Hyderabad centre, starting with 20 people in 2001, now employs nearly 9,000, driving global drug development and innovation, with India key to its strategy.
More than 130 companies, including Bajaj Finserv, Trent, and Tata Power, are set to release Q3 results for December 2025 quarter on February 4. Market experts predict earnings season will drive Indian stock markets, buoyed by recent India-US trade deal ga
Fractal Analytics IPO price band set at ₹857-900 per share. Subscription opens February 9, closes February 11. Anchor investor allocation on February 6, with 75% reserved for QIBs.
Greater Noida Industrial Development Authority imposes Rs 50 lakh penalty on Ajnara Homes for non-functional sewage treatment plant and untreated sewage discharge in Sector 16B.
Maharashtra registration department rejects waiver plea, demands Rs 22.47 crore stamp duty from Amadea Enterprises LLP. Coercive recovery proceedings to begin after February 10 deadline.
Anand Rathi's technical analyst Mehul Kothari recommends Indian Oil Corporation, Tata Elxsi, and IFCI as top buys for February 4, 2026, citing trendline breakouts and bullish indicators.
Chandigarh administration amends paying guest policy, requiring completion certificates for registration and ending conditional approvals to ensure compliance with building bylaws.
Indian stock market indices Sensex and Nifty 50 likely to open flat on Wednesday as Gift Nifty signals muted start. Global markets show mixed trends while domestic sentiment remains upbeat after India-US trade deal announcement.
Newly released Epstein documents reveal flirtatious emails and photos linking Los Angeles Olympics chief Casey Wasserman, celebrity doctor Peter Attia, and filmmaker Brett Ratner to Jeffrey Epstein's network.
Adani Defence and Aerospace partners with Italian defence major Leonardo to establish an integrated helicopter manufacturing ecosystem in India, boosting self-reliance and addressing armed forces and civilian demands.
Uttar Pradesh Chief Minister Yogi Adityanath announced the state's shift from red tape to red carpet for investors at the UP Pharma Conclave, emphasizing safety, stability, and speed as key drivers.
Economic Affairs Secretary Anuradha Thakur says India-US trade deal will remove uncertainty and boost market sentiment, potentially increasing foreign portfolio investment inflows.
Legendary investor Ray Dalio advocates for gold as a safe investment during the World Governments Summit in Dubai, highlighting its role as a portfolio diversifier amid geopolitical tensions.
YEIDA removed encroachments on 25 acres worth Rs 400 crore near Noida International Airport, demolishing unauthorised colonies like Green City. Officials said FIRs will be filed against illegal colonisers as part of wider enforcement against airport towns
Uttar Pradesh showcases competitive pharmaceutical investment policies and incentives at the UP Pharma Conclave in Lucknow, emphasizing industrial growth and infrastructure development.
Indian stock markets gain momentum from India-US trade deal progress, boosting export sectors. Gold and silver prices surge, while rupee strengthens. Experts provide outlook and stock picks.
Uttar Pradesh Awas Vikas Parishad has generated Rs 1,000 crore revenue through its first-come-first-served scheme for unsold flats launched in October last year, with 2,141 units booked so far.