Stock Market Highlights: Indian equity benchmarks opened and closed in the green on Monday. At the open, BSE Sensex climbed over 400 points while Nifty50 was up over 100 points.
However, the trading session is likely to remain volatile as oil has crossed the $100-mark. Previously, Asian markets opened higher. Meanwhile, the rupee opened at 94.27 against the US dollar, compared to Friday's close of 94.26 a dollar.
Highlights of Stock Market, Sensex Today, Nifty, Share Market:-
Sensex Settles At 77,303.63, Nifty At 24,092.70
At the close, Sensex was up 640 points, while the Nifty rose 195 points.
Oracle To Cut Over 20,000 Jobs: Is AI Hitting Senior Employees First?
The cuts at Oracle are not an isolated event. Over the past month alone, companies including Meta, Microsoft, Disney and ASML have announced layoffs. Read full report here
Stock Market LIVE Updates: Check 12 PM Update
As of 12:00 PM, the Nifty50 was trading 0.52 per cent or 125.85 points higher at 24,015.50, and the Sensex was trading 0.52 per cent or 410.50 points higher at 77,079.
Check Expert View By CoinSwitch Markets Desk
BTC has moved within a narrow $77K-$78K range over the past 24 hours. An early push higher lost strength, and prices later pulled back from near the highs, showing buyers are active but not strong enough yet to break resistance around $78.5K. On the other side, BTC ETFs have seen steady inflows for nine straight days, adding over $2.1B, which reflects continued institutional interest. In the derivatives market, a large number of positions are clustered between $78.8K-$79.5K, making it a key upside zone, while $77K-$76.5K remains an important support area if prices dip.
Centre Likely To Roll Out Relief Package For Sectors Hit By Iran War
Under the package, an airline credit scheme, worth Rs 5,000 crore, is under consideration. Airlines may get access to Centre-backed credit line. Read the full report here
Stock Market LIVE Updates: Paytm shares dive 7.5%
Paytm shares crashed 7.5 per cent to trade at Rs 1,060 on the NSE at 9:30 AM. Earlier on Friday, the Reserve Bank of India had cancelled the banking licence issued to Paytm Payments Bank.
Share Market News: Check BSE Sensex Heatmap
Share Market Today: India VIX At 19.02
India's volatility index fell 3.5 points to 19.2.
Stock Market LIVE Updates: Sensex Above 77,000; Nifty Over 24,000
The BSE Sensex started Monday's trading session on a positive note. At open, the index was up 401 points, or 0.5 per cent at 77,066. The NSE Nifty50 traded 165 points, or 0.6 per cent higher at 24,063.
Share Market Today: Iran Offers Deal To US To Reopen Hormuz
Iran has given the US a new proposal to reopen the Strait of Hormuz and end the war that includes putting off nuclear negotiations, Axios reported.
Paytm Board Approves Winding Up Of Paytm Payments Bank
- Paytm said its board approved winding up of Paytm Payments Bank.
- The move is in line with directions issued by the Reserve Bank of India.
- Markets may track timelines, regulatory steps and impact on operations.
Stock Market News: Several Results Lined Up Today
RBL Bank, IDFC First Bank, L&T Finance, M&M Finance, Bajaj Housing Finance, Coal India, AU Small Finance Bank, and SBI Cards, among others.
Are Minimum Wage Laws Doing More Harm Than Good To Low-Income Workers?
Around 64% of Indian workers earn below the minimum wage. For almost half the workforce, hiring them would be illegal even after a 30% pay raise. Read full report here
