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...

The Nifty 50 remained volatile throughout the day on May 8. However, the short-term trend appeared weak as the index remained below the critical moving average, 21EMA (exponential moving average), on the daily timeframe.In the near term, the sentiment may continue to weaken as long as it stays below 22,400. On the downside, the index might decline towards 22,150.The BankNifty index encountered a v...