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Despite the BSE Sensex falling 829 points to close at 76,034, four BSE 200 stocks—Aurobindo Pharma, Coal India, ABB India and NTPC—scaled fresh 52-week highs, signalling strong momentum and resilience amid broader market weakness.
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Legendary investor Carl Icahn warns against two major pitfalls: rash decisions and complete inaction. He emphasizes that while hasty moves can be disastrous, prolonged hesitation allows opportunities to vanish. Successful leaders and individuals must find a balance, gathering sufficient information for thoughtful choices and then acting decisively.
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Several Nifty 200 companies including Apollo Hospitals Enterprise, JSW Steel and Asian Paints reported lower promoter pledges in the December quarter, a signal of improving financial stability and stronger promoter confidence in business prospects.
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U.S. Energy Secretary Chris Wright said on ​Thursday global oil prices are unlikely to hit $200 a barrel even as crude tankers remained stalled in the Strait of Hormuz and the U.S. and ‌Israeli war ⁠with Iran ⁠widened.
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The number of Americans filing new applications for jobless benefits fell ​last week, which could help to ​assuage fears of a labor market deterioration after an unexpected decline ​in employment in February.
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