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Stock Markets Open Lower, Sensex Starts Trade At 85,388, Nifty Tests 26,200
Business

Stock Markets Open Lower, Sensex Starts Trade At 85,388, Nifty Tests 26,200

The Indian benchmark indices on Friday opened lower as the Sensex opened 244 points lower at 85,388.02 and the Nifty opened at 26,116.85 or over 75 points lower. In the 30-share BSE Sensex, the top gainers included stocks such as Mahindra & Mahindra, TMPV, Maruti, Kotak Bank and Titan. Meanwhile, the laggards included stocks like Ultra Cement, ITC, Bharti Airtel and Sun Pharmaceuticals. In the broader markets the Nifty Microcap 250 fell 1.13 per cent as volatility remained high. Sectorally, Nifty auto rose 0.03 per cent In the pre-open session, Sensex was trading above 85,300 or 288 points lower and the Nifty traded 69 points lower at 26,122 around 9:04 AM. Notably, the Gift Nifty was trading at 26,157 or 4 points higher at around 8:48 AM. Foreign Investors, Global Markets Foreign institutional investors (FIIs) turned buyers on Wednesday. They bought equities worth Rs 1,580.72 crore in the previous trade, according to exchange data. Domestic Institutional Investors (DIIs) also bought stocks worth Rs 1,360.27 crore on Wednesday. Asian markets opened on a weaker note, with South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite and Hong Kong’s Hang Seng index all trading in the red. The Kospi slipped more than 3 per cent, while the Nikkei 225 shed over 2 per cent in early trade. The downbeat sentiment followed a sharp sell-off on Wall Street on Thursday. The Nasdaq Composite plunged 2.15 per cent, the S&P 500 dropped 1.56 per cent and the Dow Jones Industrial Average fell 0.84 per cent. Volatility has surged, with the Nasdaq, considered the benchmark for AI-driven stocks, ending 2.15 per cent lower after crashing 4.4 per cent from its intra-day high. What Do Experts Say? V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said the current market swings indicate that heightened volatility is likely to persist. According to exchange data, foreign institutional investors (FIIs) were net buyers on Thursday, picking up equities worth Rs 283.65 crore, while domestic institutional investors (DIIs) purchased shares valued at Rs 824.46 crore.

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11 months ago
Friday Puja: Why Worshipping Goddess Lakshmi On Fridays Is Believed To Bring Wealth And Peace
Lifestyle

Friday Puja: Why Worshipping Goddess Lakshmi On Fridays Is Believed To Bring Wealth And Peace

Friday Puja: Friday holds a special place in Hindu tradition, especially for those seeking wealth, harmony and emotional balance within the home. Dedicated to Goddess Lakshmi and Santoshi Mata, this day is believed to strengthen financial stability, invite auspiciousness and bring peace into relationships. Astrology associates Friday with the planet Venus or Shukra, symbolising luxury, love, beauty, material comfort and marital bliss. Many devotees observe Friday Vrat and perform puja with deep faith, hoping for prosperity and fulfilment of desires. ALSO READ: Adhik Maas 2026: Know Dates, Significance, And Why A Double Jyeshth Month Occurs Importance Of Friday Puja In Hindu Belief In Hindu tradition, worshipping Goddess Lakshmi and Santoshi Mata on Friday is considered highly auspicious for enhancing prosperity and maintaining household harmony. Devotees believe that performing the puja with devotion helps remove obstacles, attract wealth and create a positive environment within the family. It is said that those who worship sincerely experience peace in relationships, improved domestic harmony and relief from financial challenges. Wearing white attire on Friday is considered especially favourable. Donating white items such as rice, curd and sugar candy is believed to enhance good fortune. Offering fragrant items like sandalwood, attar or rose water is also linked with inviting divine grace and purity into the home. Step-by-Step Friday Puja Vidhi For Lakshmi Ji And Santoshi Mata Friday rituals begin early in the morning with a bath, followed by cleaning the home, an essential step, as cleanliness is believed to welcome Goddess Lakshmi. A clean entrance and puja space are considered signs of respect and are believed to attract positive energy and financial growth. Devotees wear white clothes and prepare the puja altar with flowers, a lamp and incense sticks. Offerings usually include jaggery, roasted gram and sugar candy. Lighting a diya and reciting Lakshmi mantras or Santoshi Mata’s prayers helps increase positivity and devotion. Concluding the puja with an aarti and a heartfelt prayer for peace, prosperity and fulfilment of wishes is believed to strengthen one’s spiritual energy. Those who observe the Friday fast with discipline and sincerity are believed to receive the blessings of both goddesses, improving marital happiness and inviting sustained prosperity into their lives. [Disclaimer: The content of this article is based solely on astrological predictions, and should be taken as general guidance. Individual experiences may vary. ABPLive.com does not assert the accuracy or validity of any claims or information presented. It is strongly recommended to consult a qualified expert before considering or implementing any information or belief discussed herein.]

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11 months ago
Gautam Gambhir under fire: 'Were we wasting time with Karun Nair or Sai Sudharsan?'
Cricket

Gautam Gambhir under fire: 'Were we wasting time with Karun Nair or Sai Sudharsan?'

India's frequent batting order changes, particularly at number 3, have drawn criticism. Former batter Aakash Chopra questions the team's long-term vision, citing Washington Sundar's promotion over Sai Sudharsan and Karun Nair. Chopra emphasizes prioritizing pure batting skills for the top order, suggesting recent experiments have been futile without clear strategy and consistency.

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11 months ago
Gambhir under fire: 'Were we wasting time with Karun Nair or Sai Sudharsan?'
Sports

Gambhir under fire: 'Were we wasting time with Karun Nair or Sai Sudharsan?'

India's frequent batting order changes, particularly at number 3, have drawn criticism. Former batter Aakash Chopra questions the team's long-term vision, citing Washington Sundar's promotion over Sai Sudharsan and Karun Nair. Chopra emphasizes prioritizing pure batting skills for the top order, suggesting recent experiments have been futile without clear strategy and consistency.

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11 months ago
Market watch: Asia stocks slide as risk-off mood deepens; oil extends weekly losses
Business

Market watch: Asia stocks slide as risk-off mood deepens; oil extends weekly losses

Asian equities tumbled Friday, led by tech stocks, as renewed fears of an AI bubble and ambiguous US jobs data spooked investors. Despite Nvidia's strong earnings, markets across Tokyo, Hong Kong, and Seoul saw significant drops, with chipmakers bearing the brunt of the sell-off. This downturn followed a Wall Street reversal, as investors reassessed the Federal Reserve's rate path.

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11 months ago
Flames, smoke, sirens: Delegates flee as fire erupts at COP30 Summit in Brazil—Watch
World

Flames, smoke, sirens: Delegates flee as fire erupts at COP30 Summit in Brazil—Watch

A fire at the COP30 climate summit in Belem, Brazil, disrupted crucial negotiations on fossil fuels and climate finance. The blaze, likely from electrical equipment, forced thousands to evacuate but was quickly controlled. This incident, the third major disruption, occurred as delegates raced against time to reach a vital global climate action deal, with UN chief urging ambitious compromise.

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11 months ago
'Yunus Cannot Touch My Mother': Sheikh Hasina's Son Slams 'Illegal' Death Verdict
World

'Yunus Cannot Touch My Mother': Sheikh Hasina's Son Slams 'Illegal' Death Verdict

Sajeeb Wazed, son of ousted Bangladeshi Prime Minister Sheikh Hasina, issued a strong statement Thursday, declaring that Bangladesh’s interim leader Muhammad Yunus “will not be able to kill Hasina” or cause her harm. “Yunus cannot touch my mother and he cannot do anything to her,” Wazed told IANS, speaking from India, where Hasina remains in exile.​ Hasina’s future hangs in the balance after a tribunal in Bangladesh sentenced her to death on charges linked to last year’s violent student-led uprising. The former prime minister has been in exile in India since August 2024, after the unrest forced her government’s removal. Sheikh Hasina, 78, was sentenced to death in absentia by the International Crimes Tribunal (ICT) for "crimes against humanity" over her government's crackdown on student-led protests last year. Wazed, expressing confidence in his mother’s safety, stated, “They will not be able to kill her, but they will execute the verdict. First of all, they can’t get her. And once there is a rule of law, this entire process will get thrown out.” He criticized the legal proceedings as “illegal and unconstitutional,” maintaining that the verdict would not stand once due process is restored.​ Responding to questions about possible repercussions for Muhammad Yunus, including calls to revoke his Nobel Prize, Wazed argued, “Nobel committees never take back their prizes. But look at Nobel laureate Aung San Suu Kyi in Myanmar... The Peace Prize is basically given by lobbying. But she led to Rohingyas getting killed, and now Yunus is turning Bangladesh into a failed state and an Islamist terrorist state,” he said. Wazed asserted that India’s Congress party, had it been in power, would have acted the same way as the current administration in supporting constitutional processes. “In India, there is rule of law and you have constitutional process. You people have always followed the Constitution and laws,” Wazed remarked.​ 'Complete Mockery of Justice': Wazed Slams Legal Process Commenting on the court ruling, Wazed described the process as deeply flawed and "mockery of justice," describing it as "illegal". “This has been done completely illegally. It’s a mockery. First of all, there is a government that is unelected, unconstitutional, and illegal. Then, in order to fast-track the trial in the tribunals, they had to amend laws, which you can only amend with a Parliament. Currently, there is no Parliament. So the process itself was completely illegal. They terminated 17 judges on this tribunal and appointed a new judge who has no experience. He has publicly made a nasty comment about my mother. So he is clearly biased,” he alleged. He further pointed out that Hasina was denied the right to choose her own legal defence. “They have not allowed my mother to appoint any lawyer. They appointed their own lawyers to defend my mother. In the history of Bangladesh, such trials take years of hearings, but they completed this in 140 days. So, it’s a complete mockery of justice. There has been no due process. This is a joke,” Wazed concluded.

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11 months ago