Month: May 2025

Operation Sindoor Aftermath:In the wake of India’s missile strikes on terrorist camps in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK), all government and private schools in Rajasthan’s border districts, including Barmer, Bikaner, Sri Ganganagar, and Jaisalmer, have been closed until further notice. The decision comes as a precautionary measure, considering the national security situation and…

Indian equities on the weekly expiry day opened higher in the backdrop of the ongoing Indo-Pak tensions. At the open, the BSE Sensex was higher by 133.18 points, or 0.16 per cent, at 80,879.96, and the Nifty50 was at 24,439.55, ahead by 25.15 points, or 0.1 per cent.  Stocks in focus: Voltas: Tata group’s consumer…

Tariffs Trade War: US President Donald Trump on Wednesday teased the announcement of a “major trade deal” with a “big and highly respected country,” even as his administration faces pressure over a sweeping tariff regime that has unsettled global markets. In a post on Truth Social, Trump said, “Big News Conference tomorrow morning at 10:00…

Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,225-24,335 levels and a strong buy zone at 24,050-24,175 levels on Thursday, May 8. For the Nifty Bank, Singhvi expects support at 54,175-54,275 levels and a stronger support zone at 53,750-53,925 levels. Read on to learn more about the market wizard’s throughts on…

Asian markets today: Asian stocks in Thursday’s session traded on a cautious note after the US Federal Reserve held its key rate steady and reiterated that it isn’t in a hurry to lower rates. The US central bank flagged the risks of higher unemployment and higher inflation, further obscuring the economic outlook. Following President Donald Trump’s announcement of…

Federal Reserve Chairman Jerome Powell has implied that US President Donald Trump’s “reciprocal” tariffs are “substantially larger than anticipated” and likely to generate a rise in inflation, hamper economic growth and cause more unemployment, with the US central bank holding key interest rates unchanged in the 4.25-4.5 per cent range as widely expected. Fed Chair Jerome…