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Mkt snaps 6-session gains over profit booking ahead of Fed chair speech

August 23, 2025

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The Morning Standard

DOMESTIC equity market snapped a six-day winning streak and fell sharply on Friday as investors rushed to book profits ahead of US Federal Reserve Chair Jerome Powell's awaited speech at the Jackson Hole symposium which will provide insights into the global liquidity outlook.

- ENS ECONOMIC BUREAU @New Delhi

Mkt snaps 6-session gains over profit booking ahead of Fed chair speech

The BSE Sensex plunged 693.86 points or 0.85% to settle at 81,306.85, while the broader Nifty fell to 24,870.10, down 213.65 points or 0.85%. Before Friday's fall, the market registered a strong buying streak for 6 sessions, fuelled by optimism over Goods and Services Tax (GST) reforms & S&P Global Ratings upgrade.

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The Morning Standard

Phansi Ghar row: Assembly summons Kejriwal, Sisodia

THE Delhi Assembly has summoned former chief minister Arvind Kejriwal, the then Deputy CM Manish Sisodia, exspeaker Ram Niwas Goel and former deputy speaker Rakhi Birla to appear in person before the privileges committee on November 13, following the \"Phansi Ghar\" controversy.

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Ahead of their Delhi performance, Anirban Ghosh of the Dilli Improvisers Orchestra, India's first free improvisation orchestra, talks about making music without rules and taking experimental sounds to new kinds of listeners

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The Morning Standard

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Aditi Mishra ushers JNUSU change

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BJP leaders voted in both Delhi & Bihar polls: AAP

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Komal Devi's victory marks BAPSA's return in JNU politics

AMID the spirited contests and shifting alliances, one of the most significant victories was of Komal Devi, who secured the School of Social Sciences (SSS) councillor seat in Thursday's JNUSU election results.

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The Morning Standard

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Pune land scam puts Ajit Pawar’s son in trouble

IN a major embarrassment to Maharashtra Deputy Chief Minister Ajit Pawar, his elder son Parth on Thursday faced charges of grabbing 40 acres of prime land in Pune at a throwaway price of %300 crore against the market rate of 22,000 crore.

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JNUSU ELECTIONS LEFT MAKES CLEAN SWEEP, CAMPUS TURNS RED AGAIN

THE Left Unity has emerged victorious in the Jawaharlal Nehru University Students’ Union (JNUSU) election, winning all four central panel positions with clear margins over their right counterparts.

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