Market News Today
Short, clear stories on what's moving Indian markets: IPOs, stocks, commodities, crypto and more.
Moody’s Calls India the Most Resilient Emerging Market, Well-Prepared for Future Global Shocks
India has been ranked among the most resilient emerging market economies by Moody's Ratings, highlighting its strong ability to withstand global economic shocks.
Vijay’s Poll Promises May Cost ₹42,000 Crore, Raising Fiscal Concerns in Tamil Nadu
Actor-turned-politician Vijay’s ambitious election promises in Tamil Nadu could require an estimated ₹42,000 crore annually, according to a recent analysis.
Mamata Banerjee Loses Bhabanipur Stronghold, Signals Major Political Shift in West Bengal
In a shocking political development, Mamata Banerjee lost her stronghold seat Bhabanipur in the 2026 West Bengal Assembly elections to Suvendu Adhikari by a margin of over 15,000 votes.
Tata Education Trust Shake-Up: Venu Srinivasan & Vijay Singh Exit After Mehli Mistry Opposes Reappointment
In a significant development within the Tata Group, Venu Srinivasan and Vijay Singh will step down as trustees of the Tata Education and Development Trust (TEDT) effective May 11, 2026.
Sensex Falls 300 Points, Nifty Slips Below 24,050 Amid Geopolitical Concerns
Indian stock markets traded in the red as the Sensex fell around 300 points and the Nifty slipped below the 24,050 mark. The decline was mainly driven by rising geopolitical tensions, which have increased uncertainty among investors.
Pakistan Aids Stranded Indian Vessel in Arabian Sea After Mumbai Distress Call
In a rare humanitarian gesture, Pakistan Navy assisted an Indian vessel stranded in the Arabian Sea after a distress call was issued from Mumbai. The vessel, MV Gautam, suffered a technical fault while traveling from Oman to India.
India-Linked LPG Tanker Attempts Rare Strait of Hormuz Exit Amid Cooking Fuel Supply Crisis
An India-linked LPG tanker carrying cooking fuel is attempting a rare passage through the Strait of Hormuz, at a time when India is trying to manage pressure on its energy and cooking fuel supplies.
Rohit Jain Appointed RBI Deputy Governor for Three-Year Term, to Replace T Rabi Sankar
The Central government has appointed Rohit Jain as the new Deputy Governor of the Reserve Bank of India for a period of three years. His appointment will take effect from May 3, 2026, according to a government notice.
Air India May Cut More Flights as Jet Fuel Price Surge Makes Some Routes Unviable
Air India may reduce more flights in the coming months as rising jet fuel prices and airspace-related disruptions have made several routes difficult to operate profitably.
Sensex Falls 583 Points, Nifty Ends Below 24,000 as Crude Oil, Weak Rupee and FII Outflows Hit Sentiment
Indian stock markets closed lower on April 30 after a volatile session, with selling pressure seen across most sectors except IT. The Sensex ended 582.86 points lower at 76,913.50, while the Nifty fell 180.10 points to close at 23,997.55.
Vedanta Share Didn’t Really Crash 60%: Stock Price Reset After Demerger Adjustment
Vedanta’s share price looked like it had fallen nearly 60%, but this was not a normal market crash. The sharp drop happened because Vedanta started trading ex-demerger on April 30, 2026, meaning the stock price was adjusted after separating the value of its different businesses.
Indian Rupee Slips to Record Low Against US Dollar on Rising Oil Prices and Strong Dollar
The Indian rupee weakened sharply on Thursday, sliding to an all‑time low against the US dollar in early trade, pressured by surging global crude oil prices and a stronger greenback.
Federal Bank Walks Away From Deutsche Bank India Retail Deal; Kotak Mahindra Bank Now Likely Sole Bidder
Private sector lender Federal Bank has exited the race to acquire Deutsche Bank’s retail and wealth business in India, withdrawing from talks with the German lender.
IndiGo Launches Direct Chennai–Réunion Island Flights, Becomes First Indian Airline on This Route
IndiGo has started direct flights between Chennai and Réunion Island from April 29, 2026, becoming the first Indian airline to offer non-stop connectivity to the French overseas territory in the Indian Ocean.
Bajaj Auto Shares Rise Over 2% as Board Plans to Consider Share Buyback on May 6
Bajaj Auto shares gained over 2% on April 30 after the company said its Board of Directors will consider a proposal for a share buyback at its meeting scheduled for May 6, 2026.
Crude Oil Prices Surge Above $125, Hit Highest Level Since 2022 Amid Iran Supply Concerns
Crude oil prices jumped sharply on April 30 as global supply concerns intensified. Brent crude for June delivery rose around 7% to nearly $126 per barrel, while U.S. West Texas Intermediate gained about 3.3% to around $110. This pushed Brent to its highest level since mid-2022.
Dubai Removes Minimum Property Value Rule for Single Buyers Seeking 2-Year Residency Visa
Dubai has relaxed a key visa rule for property buyers by removing the minimum property value requirement for individual buyers applying for a two-year property-linked residency visa. Earlier, single buyers needed a property worth at least AED 750,000, but this condition has now been removed.
Indian Stock Market Falls Sharply: Sensex Drops Over 800 Points, Nifty Slips Below 24,000 Amid Global and Domestic Pressure
Indian stock markets witnessed a sharp fall on Thursday morning as investor sentiment turned weak due to multiple negative triggers. The Sensex dropped over 800 points to around 76,650, while the Nifty slipped below the 24,000 mark. The selloff wiped out nearly ₹6 lakh crore from the BSE-listed comp...