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Banking stocks drive markets
Financial Express Chennai
|June 07, 2025
Nifty reclaims 25k mark after RBI's surprise move
INDIAN EQUITY BENCHMARKS outperformed on Friday, buoyed by strong gains in financial stocks after the Reserve Bank of India (RBI) announced a deeper-than-expected 50 basis point cut in the repo rate, surprising markets that had priced in a 25-bps cut.
The Nifty Bank index surged to a new all-time high of 56,695, with most constituents posting strong gains. The Nifty 50 reclaimed the 25,000-mark after eight sessions, ending 252.15 points higher at 25,003.05, following an intraday recovery of around 360 points. The BSE Sensex closed at 82,188.99, marking a two-week high.
यह कहानी Financial Express Chennai के June 07, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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Financial Express Chennai
Ecologist Madhav Gadgil, champion of Western Ghats conservation, dies
ITWAS THOSE bird-watching walks on Vetal Tekdi (Hill) in Pune at a young age, encouraged by his economist father, that made him fall in love with the Western Ghats.
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Financial Express Chennai
India, Germany close to $8-bn submarine deal
INDIA AND GERMANY are hammering out the details of a submarine manufacturing deal worth at least $8 billion — the largest-ever defence agreement for New Delhi — according to officials with direct knowledge of the details.
2 mins
January 09, 2026
Financial Express Chennai
Compliance burden for AMCs managing SIFs gets heavier
SEBI ON THURSDAY came out with a compliance reporting format to bring uniformity in the way specialised investment funds (SIFs) are reported by mutual funds and asset management companies (AMCs).
1 min
January 09, 2026
Financial Express Chennai
US court orders Vembu to furnish $1.7-bn bond in divorce case
A CALIFORNIA COURT, hearing the divorce petition of Zoho co-founder and chief scientist Sridhar Vembu, has directed him to submit a bond of $1.7 billion, citing concerns over post-petition asset transfers and their potential impact on the division of marital property.
1 min
January 09, 2026
Financial Express Chennai
Large-caps will offer attractive risk-reward this year
With the valuation gap between large-cap and mid- and small-caps being at a two- decade high, the former have become meaningfully cheaper. George Heber Joseph, Chief Investment Officer and Chief Executive Officer -Equity at ASK Investment Managers tells Ananya Grover that such divergences have created attractive entry points for large- cap investing. Excerpts:
2 mins
January 09, 2026
Financial Express Chennai
2025 reset cooperation priorities
FfD4, COP30, and the G20 were opportunities for India to show its prowess for multilateral negotiations, while rejuvenating its domestic stance on tax policy
3 mins
January 09, 2026
Financial Express Chennai
Sensex down 1.6K pts in four days
THE DROP CAME despite the first advance estimates for FY26 GDP signalling robust growth, supported by a manufacturing rebound and a resilient services sector.
2 mins
January 09, 2026
Financial Express Chennai
RBI's rupee playbook: Curb excess volatility
IN THE PAST month, the Reserve Bank of India's (RBI) intervention in the foreign exchange market to protect the rupee from going into a free fall is being seen by experts as an attempt to manage excess volatility spurred by speculative action, instead of being target-based.
3 mins
January 09, 2026
Financial Express Chennai
IT deal activity picks up pace
SHIFT REFLECTS ADOPTION OF AI ACROSS ENTERPRISE CLIENTS
2 mins
January 09, 2026
Financial Express Chennai
Capex loan releases to states reach ₹83,595 cr
THE CENTRE HAS disbursed ₹83,595 crore 50-year interest-free loans for capital expenditure by states so far this financial year, achieving about 56% of the annual target of ₹1.5 lakh crore.
1 min
January 09, 2026
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