Sensex Crashes Over 1,000 Points on Oil Surge, IT Selloff
The BSE Sensex plunged over 1,000 points on Monday as rising oil prices and heavy selling in IT stocks spooked investors. Nifty also fell sharply.
The BSE Sensex plunged over 1,000 points on Monday as rising oil prices and heavy selling in IT stocks spooked investors. Nifty also fell sharply.
Indian markets fell for the third consecutive day, with Sensex plunging 1,000 points, driven by surging oil prices, massive IT stock selloffs, foreign fund outflows, and global tensions.
Gautam Adani has re-entered the $100 billion club, surpassing Bill Gates in the world's richest list. His net worth surged due to a rally in Adani Group stocks.
Gold prices on MCX approached Rs 1.50 lakh per 10 grams, while silver fell sharply by over Rs 2,000 per kg. Check city-wise rates for April 24, 2026.
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RecommendedIndian shares declined on Monday due to rising oil prices and a weak forecast from Infosys, dragging the benchmark indices lower amid global market uncertainty.
Rikhav Securities has announced an open offer from its promoter group to acquire up to a 26% stake, aiming to consolidate ownership and boost investor confidence.
IKS Health announces an agreement to acquire Trubridge, aiming to strengthen access to rural and community-based healthcare services across India.
The Indian rupee depreciated 24 paise to 94.25 against the US dollar in early trade on Friday, tracking weak domestic equities and sustained foreign fund outflows.
Indian Energy Exchange (IEX) shares opened in green on April 24 after reporting an 11% rise in net profit for Q4 FY26 to Rs 101 crore. Revenue increased 15% to Rs 145 crore.
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RecommendedUnion Bank of India reported a 6.6% rise in Q4 net profit to Rs 5,316 crore, driven by lower operating expenses and improved asset quality. FY26 net profit grew 4% to Rs 18,697 crore.
The Reserve Bank of India increased dollar purchases in February, signaling a shift to rebuilding forex reserves after the rupee stabilized following the US-India trade deal announcement.
Bank lending reclaimed primacy in financing India's commercial sector in FY26, with its share of total resource flows climbing to a three-year high of 65.4%, as per RBI data.
Sensex plunged 852 points to 77,664 on Thursday as Brent crude hovered over $103/barrel and rupee slipped below 94 per dollar. Foreign funds sold Rs 3,255 crore, the biggest single-session net outflow in two weeks.
Pune Municipal Corporation's standing committee approved Rs 5.8 crore for urgent repairs of Hadapsar-Gadital flyover, which may later be demolished for a Metro line. Also, property tax rebate for women homeowners approved.
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RecommendedThe Indian government has notified new National Pension System (NPS) rules, introducing changes including increased contribution flexibility and revised withdrawal norms.
Finance Minister Nirmala Sitharaman has urged bankers to brace for AI-related threats, citing concerns over Anthropic. Banks must report suspicious activities immediately.
A Chandigarh woman secured a historic Rs 1 crore relief from a consumer court after PNB denied access to her locker, citing non-payment of rent. This landmark ruling upholds consumer rights.
NDDB chairman Meenesh Shah informed CM Fadnavis that Aarey and Mahanand dairy brands will relaunch soon. A test strip for adulteration and an AI system with IIT are in development.
A cash management firm employee and his associate were arrested for stealing Rs 62.7 lakh from a cash van in Mumbai. Most of the stolen money has been recovered within six hours.
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RecommendedInfosys reported a 20.8% rise in Q4 net profit to Rs 8,501 crore, with revenue up 13.4%. The company guided 1.5-3.5% revenue growth for FY27, citing AI opportunities and stabilizing economic conditions.
A major financial fraud in Mumbai's Bhandup area has duped 66 investors of ₹3.6 crore through a money doubling scheme. The accused promised high returns but stopped payments after June 2024.
Gold prices fell by Rs 900 to Rs 1,56,100 per 10 grams, while silver plunged Rs 5,300 in Delhi on Thursday, as per the All India Sarafa Association.
Understand the key differences between zero balance and regular savings accounts. Learn about features, benefits, and which suits your needs.
Jugsalai Municipal Council launches QR code system for residents to register civic complaints, starting at railway level crossing. Boards to be installed at garbage dumping sites soon.
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RecommendedFollowing the success of the Meerut route, the Namo Bharat Express will now operate on the Delhi-Karnal route, enhancing regional connectivity and reducing travel time.
Indian stock markets extended losses as crude oil prices surged past $100 amid US-Iran tensions. The Sensex tumbled 852 points, closing at 77,664.
An FMCG stock surged to its upper circuit limit even as benchmark indices declined sharply due to rising crude oil prices, showcasing resilience in a weak market.
Gold futures on MCX fell to Rs 1,51,950 per 10 grams, down 0.46%, while silver futures dropped to Rs 2,44,159 per kg, reflecting a broader market downturn in commodity trading.
The Punjab National Bank has been directed by a consumer court to compensate a Chandigarh woman with Rs 1 crore after her jewellery was stolen from a bank locker.
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RecommendedA Niva Bupa survey finds 55% of Indians aged 24-34 let health insurance lapse within three years, driven by affordability and competing loans, highlighting retention challenges.