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Stock markets bounce back after falling in early trade

A screen displays an image of U.S. President Donald Trump at the Bombay Stock Exchange (BSE) in Mumbai, India. (Photo: Reuters

Mumbai, Jan 27 (PTI) Equity benchmark indices Sensex and Nifty recovered their early lost ground and were trading higher on Tuesday morning, tracking a firm trend in global markets and buying in blue-chip bank stocks. The 30-share BSE Sensex dropped 417.68 points to 81,120.02 in early trade. The 50-share NSE Nifty declined 111.1 points to 24,937.55. However, soon after both the benchmark indices bounced back and were trading in positive territory. The BSE benchmark quoted 298.06 points higher at 81,814.74, and the Nifty traded 91.85 points up at 25,151.15. From the 30-Sensex firms, Axis Bank, Adani Ports, UltraTech Cement, Bharat

Rupee recovers 10 paise from all-time low to 91.80 against US dollar in early trade

Mumbai, Jan 27 (PTI) The rupee rebounded from its all-time low levels and gained 10 paise to trade at 91.80 against the US dollar in early deals on Tuesday, as the dollar index retreated from its elevated levels. Forex traders said the rupee recovered marginally as traders rushed to cover broad dollar weakness. At the interbank foreign exchange, the rupee opened at 91.80 against the greenback, up 10 paise from its previous close. On Friday, the rupee hit a historic low of 92 per dollar and gained marginally to settle at 91.90 against the American currency. Forex and equity markets

EU carmakers face tough India market even after trade deal

BERLIN, Jan 27 (Reuters) – European carmakers, squeezed by U.S. tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but face a tough market dominated by homegrown firms and compact Japanese “kei cars.” India and the European Union are set to sign a trade deal on Tuesday, including slashing tariffs on imports of EU-made cars to 40% from as high as 110%, the biggest opening yet of India’s vast market for Volkswagen and Renault. Stay up to date with the latest news, trends and innovations that

Economic leaders at Davos say global growth is resilient despite Trump disruption

DAVOS, Switzerland, January 23, 2026 (AP) — Leading global economic policymakers at the World Economic Forum in Davos urged countries and businesses to filter out the turmoil from a week of clashes with the Trump administration and focus on boosting growth and fighting inequality in a world where trade will continue to flow and international cooperation is still badly needed. The global economy is showing unexpected resilience despite the noise, European Central Bank head Christine Lagarde, International Monetary Fund head Kristalina Georgieva and World Trade Organization head Ngozi Okonjo-Iweala said in a panel discussion Friday. But while growth is holding

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