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Stocks take a leap; stormy seas ahead

Mint Mumbai

|

January 30, 2024

Reliance, bank stocks boost indices 1.8%, but volatility is rising

Energy and financials stocks propelled stock market indices to their best gain in over eight weeks on Monday, led by a rally in shares of index heavyweight Reliance Industries Ltd (RIL). Even as investor wealth in BSE-listed companies jumped by 16 trillion, the market may be headed for more volatile waters, with the National Stock Exchange's (NSE) VIX or fear index rising 13% on Monday.

The NSE's benchmark Nifty closed 1.8% higher at 21,737.60 points, while BSE's Sensex ended 1.76% higher at 71,941.57, their biggest gains since 4 December. The RIL stock climbed almost 7%, contributing the most to the day's market gains, as investors turned optimistic about potentially higher refining margins.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Cough syrup kills 6 children in MP; govt begins probe

Early reports suggest the syrups may have been tainted with diethylene glycol, a toxic chemical

time to read

1 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

Top firms tick boxes, but lag on diversity, independence

India's top 100 listed companies have shown progress in corporate governance practices, but persistent gaps remain in board meeting attendance, diversity, and leadership independence.

time to read

2 mins

October 02, 2025

Mint Mumbai

RBI rate actions are signals that markets need not always heed

Contrary to widespread belief, monetary transmission is both slower and far-from-linear, globally

time to read

3 mins

October 02, 2025

Mint Mumbai

US shutdown, Fed rate cut bets lift gold

Gold prices rallied by ₹1,100 to breach 1.21 lakh per 10g mark in the national capital on Wednesday, tracking global cues amid US government shutdown after Congress failed to approve fresh federal funding.

time to read

1 min

October 02, 2025

Mint Mumbai

Mint Mumbai

Food delivery giants rid health wave to bulk ma

Zomato and Swiggy are bringing in features like 'healthy mode' and a 'high

time to read

3 mins

October 02, 2025

Mint Mumbai

Ola Electric under fund pressure amid sales de

The EV maker missed its sales targets to achieve profitability for seventh con

time to read

2 mins

October 02, 2025

Mint Mumbai

Swift tells fans to expect bangers on new album

'The Life of a Showgirl' is shaping up to be the biggest release of the year

time to read

2 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

Is America coming for China's pharma sector? It soon might

Trump's tariff won't hurt Chinese drugmakers but that may change

time to read

3 mins

October 02, 2025

Mint Mumbai

Capgemini India CEO to retire in Jan

Capgemini on Wednesday announced a leadership transition in India operations, with Ashwin Yardi set to retire as chief executive officer after seven years and assume the role of non-executive Chairman of the board, effective 1 January, 2026. Sanjay Chalke, currently chief operating officer (COO) for Capgemini in India, will succeed Yardi as the CEO and join the group executive committee on the same date, the company said in a statement.

time to read

1 min

October 02, 2025

Mint Mumbai

US offers security guarantee to Qatar

The US will regard \"any armed attack\" on Qatari territory as a threat to Washington and will provide the Gulf Arab state with security guarantees, the White House said, after an Israeli strike on the country last month.

time to read

1 min

October 02, 2025

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