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The domestic stock market opened lower on Tuesday, with both the Nifty 50 and BSE Sensex turning negative amid a weakening rupee and continued foreign portfolio investor (FPI) outflows. The Nifty started at 26,146, down 29.75 points (-0.11%), while the Sensex opened at 85,523.17, falling 118.73 points (-0.14%). Analysts noted that investor sentiment was impacted by the currency depreciation and sustained FPI withdrawals. Despite new highs on Monday, the indices could not maintain momentum, with Nifty’s peak at 26,325.80 and Sensex at 86,159.02. According to Riyank Arora of Mehta Equities, Nifty faces selling pressure near 26,300, with support at 26,000. A drop below this could push the index toward 25,850–25,800, while only a close above 26,300 would signal fresh strength. Bank Nift...

Indian equity markets extended their winning streak for the fourth consecutive session on Wednesday but gave up early gains due to late selling. The Nifty retreated over 150 points from its intraday high to end nearly flat at 25,879, while the Sensex closed just 12 points higher at 84,478. The Nifty Bank index outperformed, hitting a fresh intraday record before finishing 107 points higher at 58,382. However, the Midcap index lagged, slipping 210 points to 60,692. Market breadth stayed weak, with only two stocks advancing for every three declines on the NSE. Among major movers, Asian Paints surged 4 percent to lead the Nifty gainers following strong Q2 results. Samvardhana Motherson also rose over 4 percent, while Eicher Motors dipped more than 1 percent post-earnings. Tata Steel lo...

“Kantara: Chapter 1” delves into faith and spirituality inspired by the folklore of coastal Karnataka. Actor-director Rishab Shetty says his aim was not to promote any ideology but to narrate a story that reflects universal human emotions. Set in pre-colonial Karnataka, the Kannada film portrays the clash between forest-dwelling tribals and a despotic king. Released on October 2, it has earned ₹600 crore worldwide. Shetty emphasized that his storytelling remains unbiased and rooted in India’s traditions of nature worship, stressing the film carries no political or ideological agenda. As a prelude to the 2022 hit “Kantara”, the new film explores deeper spiritual experiences rather than prescribing beliefs. He compared it to personal faith, saying spirituality is something to be felt, no...

Gold futures surged to an all-time high on Friday following reports that the U.S. has imposed tariffs on imported 1-kilogram gold bars, while spot gold remained on track for its second consecutive weekly gain, driven by trade concerns and hopes of a U.S. interest rate cut. As of 03:05 GMT, spot gold was down 0.3% at $3,386.30 per ounce but had earlier touched its highest level since July 23. It has risen 0.7% this week. U.S. gold futures for December climbed 0.9% to $3,484.10 after reaching a record $3,534.10. The price gap between futures and spot widened over $100 after a report revealed that the U.S. had reclassified 1-kg and 100-ounce gold bars under a customs code now subject to higher tariffs—impacting Switzerland, the leading gold refining nation. The tariffs are expected to ...