All posts tagged: indices

US-Iran peace hopes spark market rally, indices surge 2% | Business News

US-Iran peace hopes spark market rally, indices surge 2% | Business News

Published by Parlour News

2 min readMumbaiJun 13, 2026 03:53 AM IST Indian stock markets staged a strong rally on Friday, with benchmark indices surging more than 2% amid expectations of a possible diplomatic breakthrough between the US and Iran that could lead to the end of West Asia conflict. Indices jumped as aggressive short covering, easing geopolitical concerns in the West Asia, a sharp decline in global crude oil prices and a strong recovery in the Indian rupee boosted the sentiment. The benchmark BSE Sensex jumped by 1,695.40 points, or 2.30%, to close at 75,527.95, while the NSE Nifty50 advanced 461.30 points, or 1.99%, to settle at 23,622.90. The Nifty reclaimed the crucial 23,600 level and ended comfortably above it, reflecting renewed confidence among investors after recent bouts of volatility. Positive global market cues and sustained domestic institutional buying further strengthened investor sentiment throughout the trading session. While domestic institutions led by insurance companies and mutual funds pumped Rs 5,341 crore into the market, foreign investors pulled out Rs 1,082 crore on Friday. Market participants attributed the sharp …

Sensex falls nearly 500 points as IT stocks drag indices down

Sensex falls nearly 500 points as IT stocks drag indices down

Published by Webster

Sensex and Nifty declined in early trade on Wednesday after a strong three-day rally, dragged by heavy selling in IT stocks. HCL Tech plunged nearly 9 per cent, while global uncertainties and FII outflows added pressure, keeping market sentiment volatile Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Bloodbath on Indian Markets, Nifty opens at 1-year low, both indices down 5

Bloodbath on Indian Markets, Nifty opens at 1-year low, both indices down 5

Published by Webster

The Indian markets followed the path of the global bloodbath in stock indices, and both the indices of India opened with heavy selling pressure. The Nifty 50 index tanked 5 per cent in the opening, marking one of the highest falls since COVID during opening, and opened at 21,758.40 points with a decline of 1,146.05 points or -5 per cent. Meanwhile, the BSE Sensex was down by 5.29 percent, opening at 71,379.8 with a decline of 3,984.80 points or 5.29 percent. Experts stated that the need of the hour is a reform package by the government to help the markets navigate this global selloff amid Trump`s announcements. Ajay Bagga Banking and Market Expert, told ANI, “India will face the heat, not due to domestic reasons, but as an interlinked chain in the global portfolio flows. India will need a fiscal, monetary and reform package to protect the domestic economy from this global economic winter that is threatening to settle in. The consequences of an Economic-Nuclear policy which has announced the highest tariffs of a century …

From poverty to happiness, here’s how India is ranked in various global indices in 2024

From poverty to happiness, here’s how India is ranked in various global indices in 2024

Published by Parlour News

The year 2024 has marked the onset of numerous conflicts, leaving the global community grappling with the implications. Citizens across different countries are confronted with challenges such as poverty, hunger, and climate change, all of which play a crucial role in determining their quality of life. As the world approaches the end of the year, with several significant events on the horizon and anticipation building for 2025, we will examine India’s performance in various global indices announced in 2024. From assessments of poverty to measures of happiness, here’s how India ranked. Global Multidimensional Poverty Index According to the Global Multidimensional Poverty Index 2024, approximately 1.1 billion people out of a total of 6.3 billion are experiencing poverty across 112 countries. The report published by the United Nations Development Programme indicates that the poverty rate in India decreased from 55.1 percent in 2005-06 to just over 16.4 percent in 2019-21. Despite this, the five countries with the largest number of people living in poverty are India (234 million), which is medium Human Development Index (HDI), and …

HDI and SDG indices of A.P. plummeted due to flawed policies of YSRCP, says Yanamala

Published by Parlour News

Yanamala Ramakrishnudu | Photo Credit: The Hindu TDP Polit Bureau member and former Finance Minister Yanamala Ramakrishnudu has alleged that the rank of Andhra Pradesh in the Human Development Index and Sustainable Development Goals (SDG) Index fell to 21 and 13 respectively due to the flawed policies. States such as Karnataka, Tamil Nadu and Kerala fared extremely well in eradicating poverty, and Telangana did quite well despite being not as resource-rich as A.P., Mr. Ramakrishnudu said in a press release on April 6. Mr. Ramakrishnudu said the YSR Congress Party (YSRCP) government in the State was so desperate to keep itself afloat that it borrowed ₹4,000 crore on the second day of the FY 2024-25, and it was only the tip of the iceberg in the sense that the total outstanding debt of the government in the last five years stood at a whopping ₹13 lakh crore. As per a report of the Comptroller & Auditor General (CAG), the YSRCP government borrowed ₹257 crore every day on an average in the last financial year aggregating ₹93,805 …