The latest sell-off has further deepened the sector’s troubles, taking the Nifty IT index’s decline for calendar year 2026 to 29%. (AI image) Indian IT stocks crashed on Friday as growing disruption fears from artificial intelligence weighed on major stocks such as Tata Consultancy Services (TCS), Infosys, Tech Mahindra, HCLTech. The trigger came from global…
Gold Rate Today: Outlook for gold Goldman Sachs now expects gold to reach $4,900 an ounce by December, lower than its previous forecast of $5,400, after revising its outlook to reflect the view that the Fed is unlikely to cut rates this year. On the geopolitical front, oil tanker traffic resumed through the Strait of…
Top stocks to buy today (AI image) Stock market recommendations: Bharat Electronics, and Central Mine Planning & Design Institute (CMPDI) have been recommended as the top stocks to buy today on June 19, 2026 by Bajaj Broking Research:Bharat ElectronicsBuy in the range of ₹ 422-430 Target Return Stop Loss Time Period ₹ 473 11% 399…
Oil prices turned volatile once again after recent comments from US Vice President JD Vance raised concerns over the stability of the Middle East peace deal. Brent crude was down 0.65% at $79.33 a barrel, after touching $79.85 level. At the same time, WTI crude fell 0.46% to $75.50.The move came after Vance warned Israel…
Following the acquisition, Wipro’s shareholding in Aggne Global IT Services will rise from 60% to 80%, according to a regulatory filing. IT major Wipro will increase its ownership in Aggne Global IT Services to 80% after acquiring an additional 20% stake for USD 2.1 million (around Rs 19.8 crore), strengthening its presence in the insurance…
Maharashtra Chief Minister Devendra Fadnavis shakes hands with Emirates NBD Vice Chairman and Managing Director, Non-Independent Non-Executive Director, Hesham Abdulla Qassim Al Qassim MUMBAI: Emirates NBD’s Rs 26,015 crore purchase of a 60% stake in RBL Bank marks more than the largest banking cross-border deal; it signals how the India-UAE economic relationship is shifting from…
Social security relief extended for Indian execs in UK NEW DELHI: Indian professionals working with their company’s affiliates in the UK or on an onsite assignment will be exempted from social security contributions for five years, instead of three years agreed earlier, on producing a certificate that they are contributing to EPFO here.The move will…
Vizag’s Bhogapuram airport will get operational later this summer NEW DELHI: Flying in and out of Visakhapatnam will cost more once the upcoming new Bhogapuram airport gets operational later this summer and then commercial flights from the existing Naval airbase will stop. Domestic passengers flying out and into Bhogapuram will pay Rs 835 and Rs…
Overall India’s in Swiss Banks fall over 8% in 10 years (Representative imag) Funds linked to Indian clients in Swiss banks declined by more than 8 per cent in 2025 to 3.25 billion Swiss francs (around Rs 36,793 crore), according to annual data released by the Swiss National Bank (SNB) on Thursday.The decline was largely…
US stocks rebounded on Thursday, recovering much of the previous session’s losses as falling oil prices and easing Treasury yields lifted investor sentiment. US stocks rebounded on Thursday, recovering much of the previous session’s losses as falling oil prices and easing Treasury yields lifted investor sentiment following the US-Iran agreement to end hostilities and reopen…
