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Sensex dropped over 1,100 points, dragging five BSE PSU stocks to new 52-week lows. Stocks including Ircon, IRFC, REC, Rail Vikas Nigam, and Container Corp declined 12–17% in a month amid broader market weakness.
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Urban India’s investment landscape is shifting, with women increasingly making independent decisions and embracing mutual funds, stocks, and AI tools. Confidence grows, but many still lack defined goals or plans, highlighting a “confidence-planning gap.”
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Spanish stocks slid on Wednesday after fresh trade-embargo threats from ​the White House, while other regional benchmarks inched higher, after a bruising global sell-off that dragged stocks to more-than-one-month lows amid fears the Middle East conflict could widen.
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The Indian rupee fell to ​its all-time low on Wednesday, as ​mounting concerns of a prolonged conflict along a major oil-and-gas ​corridor in the Middle East heightened the risk of a deeper energy shock and unsettled markets.
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Larsen & Toubro shares plunged over 7% amid escalating Middle East conflict, raising investor concerns about project disruptions. The region accounts for a significant portion of L&T’s order book. With tanker traffic halted through the Strait of Hormuz, a crucial oil route, further impact on project execution and investor sentiment is anticipated.
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