[ad_1] Solar project consultant and contactor Gensol Engineering Ltd and payment solutions provider AGS Transact Technologies Ltd, two companies that recently defaulted on loans, are among the small-cap firms that reported invocation of pledged shares, according to Prime Database, a Mumbai-based markets data tracking firm. Other such firms that saw promoter shares taken over by…
[ad_1] On Tuesday—the worst day for the Indian markets since 28 March—benchmark indices tumbled more than 1.5%, reflecting jitters around the upcoming announcement and leaving investors poorer by more than â‚ą3.4 trillion. The S&P BSE Sensex dropped 1.8% to settle at 76,024.51, while peer Nifty 50 closed 1.5% lower at 23,165.70. After a sharp 14%…
[ad_1] Indian investors saw about â‚ą9.3 lakh crore wiped out in market wealth on Tuesday as Trump’s latest tariffs, slower corporate earnings and a relentless selloff by foreign investors continued to rock the sentiment. Mid- and small-cap stocks took an even harder hit. Benchmark indices fell for the fifth straight session, with Nifty 50 and…
[ad_1] Indian markets closed the special Budget Day trading session on February 1 with little movement, as investors responded negatively to the Union Budget 2025’s capital expenditure figures. The budget announced a 9% year-on-year increase in capex for FY26, which fell short of market expectations. Economists had anticipated a larger allocation, given concerns about India’s…
[ad_1] Mumbai: Fears over fewer rate cuts in the US and a greenback gathering steam sent shockwaves over the Street on Monday, making investors poorer by more than â‚ą12 trillion overnight. The carnage did not spare any corner of the market – While the Nifty and Sensex plunged 1.5% and 1.4% to close at seven-month…
