Why is stock market down today? BSE Sensex, Nifty50 crash around 1% – top reasons for fall

The latest flare-up in West Asia has once again pushed Brent crude prices close to the $97-per-barrel mark. (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, tanked in trade on Wednesday as fresh tensions between US and Iran weighed on sentiment and led to crude oil prices rising.Both the Sensex…

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Stock Market Live Updates Today: BSE Sensex tanks over 800 points, Nifty50 goes below 23,300 on rising crude oil prices

“Indian equity markets are expected to open on a flat to mildly negative note, with Gift Nifty trading around 23,477, down by 15 points, indicating subdued opening cues for domestic indices. Global markets remained broadly positive on the back of resilient economic data and easing concerns over major geopolitical developments, though investors are likely to…

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Gold, Silver Rate Today Live Updates: International gold prices edge down on renewed US-Iran tensions

The government has tightened rules governing silver imports, requiring all incoming shipments of the metal to be channelled through RBI-designated agencies, entities approved by the Directorate General of Foreign Trade (DGFT), and eligible jewellers authorised by the International Financial Services Centres Authority (IFSCA) through the India International Bullion Exchange (IIBX). Such imports will now require…

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Top stocks to buy today: Stock recommendations for June 3, 2026 – check list

Top stocks to buy today (AI image) Stock market recommendations: JSW Energy, Adani Energy Solutions, and IFCI have been picked by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares as the top stocks that you can consider buying on June 3, 2026:JSW Energy: Weekly Breakout with Strong Momentum StructureBuy: ₹585–₹575 | Stop Loss:…

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IPO plans: Oyo gets nod, Coke eyes listing of bottler’s parent

MUMBAI/NEW DELHI: The West Asia war-induced challenging fund-raising market conditions notwithstanding, some of the leading unlisted companies are moving ahead with plans to go public.On Tuesday, Prism, the parent of hospitality firm Oyo, got Sebi nod for its IPO that could be worth up to Rs 6,650 crore. Earlier in the day, global beverage giant…

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Government plans new indices to track informal mfg, services

NEW DELHI: Soon after the overhaul of index of industrial production (IIP) for the formal sector, govt machinery is preparing to enter the statistical blind spot of the vast informal economy. The statistics ministry is finalising plans to launch an entirely new index designed to measure monthly industrial production, specifically for the country’s vast informal…

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India, UK to narrow gaps to roll out trade deal

NEW DELHI: India and the UK on Tuesday agreed to resolve the gaps so that the bilateral trade agreement can be implemented at the earliest.Commerce and industry minister Piyush Goyal held talks with UK secretary of state for business and trade Peter Kyle on addressing the ticklish issues as India has concerns over the steel…

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India slips to seventh in global market capitalisation ranking

MUMBAI: On Tuesday, India slipped to the seventh spot in terms of stock market valuation as South Korea marched to sixth. In the last two years, India has slipped three places in the rankings after Hong Kong, Taiwan and South Korea overtook it, historical data showed.Nearly unabated foreign fund selling since Sept 2024 (when the…

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Godrej starts wealth management business

MUMBAI: Godrej Industries Group has launched its wealth management business, Godrej Wealth, through subsidiary Godrej Investments, with a target to build assets under management of Rs 1,00,000 crore by 2031 and expand to 35 locations over the next five years.The business will operate alongside Godrej Capital to form the group’s financial services arm, as it…

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Kotak prods India Inc to start investing again

MUMBAI: Billionaire banker-entrepreneur Uday Kotak on Tuesday prodded India Inc to invest for India’s future. Kotak’s warning came as the country is being looked at as a laggard in AI technology investments. This is the primary reason that India’s stock market has turned from being one of the most favoured among emerging markets to one…

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