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Stock markets rally as oil prices decline amid progress in US-Iran talks; Sensex jumps 940 pts

May 6, 2026
Finance

Mumbai, May 6 (PTI) Benchmark Sensex rallied by 940 points on Wednesday following a sharp decline in crude oil prices after US President Donald Trump claimed progress in negotiations with Iran towards an agreement to end the war. Helped by fag-end heavy buying, the 30-share BSE Sensex jumped 940.73 points, or 1.22 per cent, to settle at 77,958.52. During the day, it surged 1,004.99 points, or 1.30 per cent, to a day’s high of 78,022.78. The 50-share NSE Nifty rallied 298.15 points, or 1.24 per cent, to end at 24,330.95. A positive trend in global markets aided the rally in

Vijay calls on Tamil Nadu Governor, stakes claim to form govt

May 6, 2026
Politics

Chennai, May 6 (PTI) TVK chief Vijay on Wednesday met Tamil Nadu Governor Rajendra Vishwanath Arlekar and staked claim to form the government in the state, two days after his party emerged as the single largest party but was short of a simple majority. #WATCH | Chennai: TVK chief Vijay meets Tamil Nadu Governor Rajendra Arlekar at the Lok Bhavan and stakes claim to form the Government in the State. (Video: Lok Bhavan, Tamil Nadu) pic.twitter.com/wCwfKQDhzM — ANI (@ANI) May 6, 2026 While the Congress party has publicly announced its support to TVK, it was not immediately known who all

Every 6th BJP MP in LS won through ‘vote chori’, should we call them ‘ghuspethiya’: Rahul Gandhi

May 6, 2026
Politics

New Delhi, May 6 (PTI) Congress leader Rahul Gandhi on Wednesday alleged that every sixth BJP MP in the Lok Sabha secured his or her seat through “vote chori” and asked if they should be labelled “ghuspethiya” in that party’s own parlance. Gandhi also claimed that the BJP would not be able to win even 140 seats today in the Lok Sabha if fair elections are held. “Through vote theft, sometimes individual seats are stolen, and at other times, an entire government. Of the 240 BJP MPs in the Lok Sabha, roughly every sixth MP secured seat through vote chori,”

Congress to support Vijay’s TVK for govt formation in Tamil Nadu: Sources

May 6, 2026
Politics

New Delhi, May 6 (PTI) The Tamil Nadu Congress has decided to support TVK leader Vijay in forming a secular government in the State, sources said. The decision to support the TVK was taken at an urgent meeting of the Political Affairs Committee (PAC) of Tamil Nadu Congress late on Tuesday night. AICC in-charge for Tamil Nadu Affairs of the party Girish Chodankar had called the meeting of the Committee to decide on extending support to TVK. The meeting, the sources said, was convened on Zoom and senior members expressed their views in favour of supporting the actor-turned-politician. The PAC

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