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​On Friday, the benchmark Sensex dropped 1,471 points, closing at 74,563. During the broader market sell-off, six stocks from the BSE Sensex index hit their 52-week lows.​
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Investors in World Liberty Financial, the crypto venture co-founded by President Trump and his sons, have secured what the company described on its website as “guaranteed direct access” to certain members of its ​team for those who lock up $5 million worth of their tokens for a six-month ​period in exchange for voting rights.
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India’s sugar industry faces a crisis as policy shifts and frozen prices threaten its decade-long diversification into ethanol. Cooperative mills in Maharashtra are hit hardest, risking farmer discontent and a return to cyclicality. While export opportunities exist, stabilizing finances is crucial for mills to capitalize on global demand, says Praful Vithalani.
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Innovision’s IPO saw weak investor response, with overall subscription around 30% even after extending the bidding period and lowering the price band. Retail and NII participation stayed muted, while institutional demand remained stronger. The company aims to raise Rs 323 crore through the issue.
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Indian benchmark indices fell sharply for a third straight session as escalating Iran-Israel/US tensions hurt sentiment. Nifty dropped over 2% and Sensex nearly 1,500 points, with metals, auto and oil stocks leading losses, while select stocks like LTTS and IFCI gained.
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