Russian Foreign Ministry spokesperson Maria Zakharova said that the United States (US) wants to unbalance the domestic political situation in India to complicate the ongoing general parliamentary elections in the country.Her remarks came days after the US Commission on International Religious Freedom (USCIRF) criticized India for alleged violations of religious freedom. It has also renewed its rec...

Sensex and Nifty 50 extended losses made from early trade and were down for the fourth session amid nervousness about the general elections.Larsen  & Toubro, the worst-hit Nifty 50 company, pulled the index down. The stock fell nearly 5 percent after the company reduced its future margin guidance to 8.2-8.3 percent for FY25 to bake in supply chain disruptions, an uncertain political environment, ...

Here is a collection of the most important stories this morning:Counsel, don't sell, Byju's Raveendran tells staff; does away with sales call targets, slashes course pricesEmbattled ed-tech Byju’s, earlier known for its aggressive sales practices, has switched gears to a more empathetic selling approach to revive revenues and boost sagging morale.Sensex, Nifty extend losses, election uncertainty...

Indian benchmark indices fell amid volatility on May 9, ahead of the weekly expiry today. In the morning trade, the Nifty was down 160 points to 22,140. Options data suggests heavy call writing at 22,400 forming strong resistance for the day. Meaningful call writing is witnessed across 22,400-22,500 strikes.Analysts said the near-term support for the Nifty was at 22,200-22,250. Nifty has already f...

Following a rebound from around the lower boundary of the rising channel, notably around 22,150, and the subsequent defence of both 22,200 and 22,300 levels on a closing basis, the market appears poised to find support in these zones in upcoming sessions, prolonging the consolidation phase. Sustaining above the 22,200 mark for several sessions could pave the way for further upward momentum, potent...