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Market Recap: Sharp Sell-Off Grips Dalal Street Indian equity markets witnessed a sharp decline on Tuesday, with benchmark indices closing deep in the red amid rising global uncertainty and renewed trade tensions. The Sensex plunged 849 points to settle at 80,787, while the Nifty 50 dropped 256 points, ending the session at 24,712. Volatility spiked notably, with the India VIX—a measure of market fear—rising by 4%, signaling heightened nervousness among traders ahead of monthly expiry Read More
Market Shock: Vodafone Idea Plunges on AGR Setback Shares of Vodafone Idea (Vi) fell sharply by over 10% on Tuesday, hitting an intraday low of ₹6.60, after the government officially ruled out any further relief on the company’s long-standing Adjusted Gross Revenue (AGR) dues. This announcement triggered panic among investors, leading to heavy selling and renewed concerns over the telecom operator’s financial survival. The statement came from the Minister of State for Communications, who clarified Read More
Industry Shock: Over 15,000 Hospitals to Halt Cashless Services In a move that could disrupt healthcare access for lakhs of insured individuals, the Association of Healthcare Providers of India (AHPI) has directed its member hospitals across North India to suspend cashless treatment facilities for Bajaj Allianz General Insurance policyholders starting September 1, 2025. A similar notice has been issued to CARE Health Insurance, with a deadline of August 31, 2025 to respond before similar action Read More
Market Reaction: Sharp Decline Despite Clarifications Shares of Reliance Power and Reliance Infrastructure declined by as much as 5% on Monday, hitting lower circuits at ₹46.49 and ₹275.05 respectively. The sell-off followed news of a Central Bureau of Investigation (CBI) probe into an alleged ₹2,929 crore bank fraud involving Reliance Communications, a company formerly led by Anil Ambani. Despite official statements distancing the two companies from the investigation, investor sentiment remained cautious. While broader indices Read More
Indian equity markets opened the week on a strong note. The Sensex climbed over 250 points, while the Nifty crossed the 24,950 mark, driven by gains in Infosys, Bajaj Finance, and Reliance Industries. This rally aligned with global sentiment after U.S. Federal Reserve Chair Jerome Powell signaled a potential rate cut next month, boosting investor confidence across Asian markets. Sectoral Performance Snapshot IT, Realty, Metal, and PSU Banks led the gains FMCG, Auto, and Energy Read More