Latest News

Markets trim gains on renewed geopolitical tensions in Middle East; Sensex rises 150 pts

Mumbai, Jun 24 (PTI) Equity benchmarks Sensex and Nifty on Tuesday gave up most of their sharp intra-day gains due to the emergence of profit-taking as investors turned cautious amid reports of a ceasefire violation between Iran and Israel. In the morning trade, markets bounced back sharply, mirroring a rally in global peers and a steep decline in crude oil prices amid hopes of a potential de-escalation in the Middle East conflict. After surging 1,121.37 points or 1.36 per cent to 83,018.16 in intra-day trade, the 30-share Sensex later trimmed most of its gains as reports surfaced of the ceasefire

Rupee logs steepest single-day gain in nearly 5 years; ends 73 paise higher at 86.05 Vs dollar

Mumbai, Jun 24 (PTI) The rupee rebounded from record low level and registered the steepest single-day gain in nearly five years to settle 73 paise higher at 86.05 against the US dollar on Tuesday after global crude oil prices tanked amid expectations of deescalation in Middle East tensions. A weak greenback and firm domestic equity markets further boosted the local unit, according to forex traders. Brent crude, the global oil benchmark, plummeted 3.19 per cent to USD 69.20 per barrel in futures trade after US President Donald Trump announced that Iran and Israel agreed to a ceasefire. At the interbank

Diabetic patients taking GLP-1s may face increased risk of eye disease: Study

Diabetes is the leading cause of vision loss in people between 18 and 64 years old, according to the American Diabetes Association — and the best way to prevent this is to control blood sugar levels. Glucagon-like peptide-1 receptor agonists (GLP-1s), such as Ozempic and Mounjaro, have become popular medications for controlling diabetes and treating obesity — but new Canadian research suggests they can also lead to a paradoxical side effect in the form of eye problems. A retrospective study conducted from January 2020 to November 2023 included more than 139,000 diabetic patients, some of whom were taking GLP-1s for

Markets surge in early trade mirroring sharp rally in global peers, drop in crude oil prices

Mumbai, Jun 24 (PTI) Stock market benchmark indices Sensex and Nifty bounced back sharply in early trade on Tuesday mirroring a rally in global peers and drop in Brent crude oil prices amid hopes of a potential de-escalation in the Middle East conflict. The 30-share BSE Sensex jumped 930.7 points to 82,827.49 in early trade. The 50-share NSE Nifty surged 278.95 points to 25,250.85. From the 30-Sensex firms, Adani Ports, UltraTech Cement, Mahindra & Mahindra, Larsen & Toubro, Axis Bank and Asian Paints were among the biggest gainers. NTPC and Bharat Electronics were the laggards. In Asian markets, South Korea’s

1 … 732 733 734 735 736 … 1,492