The Sensex dropped 286 points, or 0.4%, to close at 65,226. Nifty declined 90.3 points to close at 19,438. Both indices had fallen as much as 1% earlier in the day but managed to cut losses thanks to late strength in IT stocks.
Asian stocks experienced a downturn, ending a prolonged winning streak due to uncertainty surrounding potential Federal Reserve interest-rate cuts. Despite the S&P 500 reaching a
Rajeev Jain of Bajaj Finance is tasked with creating a succession plan. This follows Anup Saha’s exit from a leadership role. The board has given
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