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Business

Markets slump on heightened tensions in Middle East; Sensex drops 500 pts

Mumbai: Stock market benchmark indices Sensex and Nifty tumbled on Monday, as intensifying tensions in the Middle East after the US bombed three major nuclear sites in Iran unnerved investors.

 


Fred Smith, FedEx founder who revolutionised package delivery business, passes away at 80

Fred Smith, the FedEx Corp. founder who revolutionised the express delivery industry, has died, the company said. He was 80. 


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Markets snap 3-day losing run; Sensex jumps 1,000 pts as financial, telecom shares gain

Mumbai: Equity benchmark indices Sensex and Nifty rebounded sharply by over 1 per cent on Friday after sliding for the past three sessions, propelled by bargain hunting in financial, telecom and tech stocks amid a correction in global crude prices.

 

Sensex, Nifty extend losses into 3rd session on mounting geopolitical tensions

Mumbai: Benchmark indices Sensex and Nifty ended lower for the third straight session on Thursday, in line with weak trends in global markets, as geopolitical uncertainties due to the ongoing Iran-Israel conflict unnerved investors.

 

Stock markets fall for 2nd day amid soaring Middle East tensions

Mumbai: Benchmark indices Sensex and Nifty closed lower on Wednesday as soaring tensions in the Middle East and caution ahead of the US Fed interest rate decision hit investor sentiment.

 

Stock markets close lower amid escalation in Israel-Iran conflict, US tariff scare

Mumbai: Benchmark Sensex dropped by 212 points on Tuesday due to profit-taking in metal, oil & gas and pharma shares as investors turned cautious due to increased tensions in the Middle East.

 

Sensex, Nifty rebound nearly 1 pc on value buying, global share rally

Mumbai: Shrugging off geopolitical concerns amid escalating tensions between Israel and Iran, stock markets rebounded by nearly 1 per cent on Monday following value buying in oil & gas and IT shares and gains in other Asian markets as Brent crude oil prices dropped.

 

Kedarnath helicopter crash: Case registered against private helicopter firm

A case has been registered against helicopter service operating firm Aryan Aviation Private Ltd for alleged negligence in connection with the chopper crash near Kedarnath on Sunday which killed all seven people on board, including a two-year-old child and the pilot.

Stock markets tumble nearly 1 pc on rising geopolitical tensions, boiling crude oil prices

Mumbai: Equity benchmark indices Sensex and Nifty tumbled nearly 1 per cent on Friday as weak global markets and a spike in Brent crude oil prices after Israel attacked Iran's capital weighed on investor sentiment.

 

Sensex, Nifty tumble 1 pc on weak global trends, geopolitical tensions

Mumbai: Benchmark Sensex tanked 823 points on Thursday following a selloff in oil & gas, power and capital goods shares in tandem with weak global market trends amid growing tensions in the Middle East.

 

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