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The Indian equity markets ended Friday’s session on a weak note, snapping a two‑day winning streak as global cues weighed heavily on investor sentiment. The Nifty 50 slipped 124 points, or 0.47 percent, to close at 26,068.15, while the BSE Sensex fell 400.76 points, or 0.47 percent, to settle at 85,231.92. Despite some mid‑session buying, the indices closed near the day’s lows, reflecting broad‑based selling pressure across sectors. The decline came after four consecutive sessions Read More

The spectacular rally in Groww’s shares following its IPO has now given way to turbulence, as the stock faced a sharp correction and a massive short delivery crisis. The episode highlights how limited free float and speculative trading can distort price discovery in newly listed companies. The Rally That Sparked Frenzy Groww’s parent company, Billionbrains Garage Ventures Ltd, debuted on the exchanges earlier this month at ₹100 per share. Within just five trading sessions, the Read More

Indian equity markets ended Thursday’s session on a strong note, with benchmark indices surging to fresh highs. The Nifty 50 crossed the 26,200 mark for the first time since September 2024, while the Sensex gained 446 points, reflecting renewed optimism across sectors. At close, the Sensex settled at 85,633.45, up 446.35 points (0.52%), and the Nifty 50 ended at 26,192.10, higher by 139.20 points (0.53%). This rally was supported by robust buying in IT, auto, Read More

In a dramatic turn of events, shares of Billionbrains Garage Ventures Ltd, the parent company of online investment platform Groww, hit the 10% lower circuit on Wednesday, marking the first major pullback since its blockbuster market debut. The stock, which had surged nearly 94% from its IPO price of ₹100 in just five trading sessions, faced a wave of selling pressure amid concerns over stretched valuations and aggressive profit booking. A Meteoric Rise Followed by Read More

Indian equity markets staged a powerful comeback on Wednesday, with benchmark indices Sensex and Nifty closing significantly higher, defying weak global cues. The rally was driven by strong buying in IT and PSU banking stocks, signaling renewed investor confidence in domestic growth sectors. At the closing bell, the BSE Sensex jumped 513.45 points, or 0.61%, to settle at 85,186.47, while the NSE Nifty 50 rose 142.60 points, or 0.55%, to end at a record 26,052.65. Read More