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Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report

Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as m…

ANI   


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JSW Steel Q4 net profit falls 65% to ₹1,322 crore

The company's total income also fell to Rs 46,511.28 crore from Rs 47,427 crore in January-Marc…

PTI   


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The price of steel is falling as the UAW strike hits demand

The UAW strike has cut production of 6,030 vehicles a day, which used 5,982 tons of steel, S&P esti…

Aruni Soni   


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Stock market closing: Nikkei makes a sharp rebound, Sensex ends below 79k and Nifty slips below 24k

Britannia (up by 2.81%), JSW Steel (up by 2.35%), Tech Mahindra (up by 1.74%), Larsen and Toubro (u…

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Nifty, Sensex in the green after two days of fall as US Fed keeps rates unchanged

Equity benchmark indices, the Nifty50 and the Sensex, rebounded nearly 1% in early trade on Thursda…

PTI   


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Indian stock market – From US recession fears to tensions in the Middle East, here’s why the markets are falling

The Indian stock market reported a decline on Monday as benchmark indices Sensex and Nifty opened i…

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Sensex, Nifty go into tailspin after hitting fresh all-time high levels to end 1% in the red

​​Benchmark equity indices, the Sensex and the Nifty, went into a tailspin after hitting their fres…

PTI   


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Stellar debut: Vibhor Steel Tubes share price almost doubles on listing

Shares of Vibhor Steel Tubes debuted on Dalal Street with 192% listing gains on Tuesday. The stock …

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Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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Stock market closing: Auto, IT, Media sectors close in red, Asian Paints, SBI Life amongst top gainers

Asian Paints (up by 3.29%), SBI Life (up by 2.18%), Divis Labs (up by 1.91%), Britannia (up by 1.57…

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Firm domestic demand to keep India's steel imports elevated in 2023-24: Crisil

Strong domestic demand, supported by government spending on infrastructure, building and constructi…

ANI   


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Nifty gains marginally to hit lifetime high

Equity benchmark Nifty rose marginally to hit a fresh lifetime high of 25,052 and Sensex gained ove…

PTI   


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Sensex, Nifty tumble in morning trade falling for 3rd day running

Benchmark equity indices, the Sensex and the Nifty, tanked in early trade on Thursday, falling for …

PTI   


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Sensex, Nifty fall for second straight session; Nestle jumps 4%

Equity benchmark indices, the Nifty and the Sensex, declined for the second consecutive session on …

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Tata Steel shares fall below ₹1,000 for the first time in 2022 this week – here’s why

Tata Steel, one of the largest steelmakers in India, has seen a considerable decline in its share p…

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Sensex, Nifty50 edge lower in morning trade as PSU bank and IT stocks fall

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Wednesday amid jitter…

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ArcelorMittal Q1 net income falls over 73% to USD 1,096 mn

Global steel giant ArcelorMittal on Thursday posted a 74.43 per cent fall in its net income at USD …

PTI   


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Investors cheer mega merger of seven metal subsidiaries with Tata Steel even as Sensex tumbles over 1,000 points

Tata Steel today announced the merger of its seven metal subsidiaries with itself. The company’s in…

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The mystery behind the fall in Tata Steel’s shares despite a seven-fold rise in profit

While the profit growth was a reason to celebrate, the slow reduction in debt turned out to be t…

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Markets fall in early trade ahead of RBI policy announcement; Sensex tumble nearly 200 points

Benchmark equity indices Sensex and Nifty retreated from their record peaks and traded lower in ear…

PTI