National

Markets Fall as Investors Stay Wary Over Trump’s Tariff Pledge

Published

1 year ago

February 10, 2025

The stock market experienced a significant drop on Monday, falling by over 0.7%. Investor sentiment remained cautious in response to US President Donald Trump’s commitment to tariffs. This reaction mirrored declines across many Asian markets, with concerns increasing over potential disruptions to global supply chains.

Benchmark indices fell for the fourth consecutive session. By the close of trading, the Sensex had decreased by 0.7% (or 548 points), finishing at 77,311.80. Similarly, the Nifty50 index saw a decline of 0.76% (or 178.35 points), ending at 23,381.60. The Nifty fluctuated throughout the day, reaching a high of 23,568.6 and dipping to a low of 23,316.3, while the Sensex ranged between 77,849.58 and 77,106.89. All sectoral indices ended in negative territory, with metals, media, pharmaceuticals, consumer durables, energy, and real estate each down by 2%.

Indices such as Nifty Metal, Realty, Healthcare, Consumer Durables, Media, and select Consumer Durables experienced losses exceeding 2%. The Nifty Midcap 50 closed lower by 2.26%, while small-cap stocks lagged, with the Nifty Small Cap 100 finishing down by 2.11% at 17,006.85, a loss of 358.15 points.

On the Nifty 50, the notable gainers were Kotak Mahindra Bank (up 1.60%), Bharti Airtel (up 0.97%), Britannia Industries (up 0.80%), Tata Consumer (up 0.62%), and HCL Technologies (up 0.48%). In contrast, the biggest losers were Trent (down 4.72%), Power Grid Corporation of India (down 3.40%), Tata Steel (down 3.09%), Titan Company (down 2.84%), and Oil & Natural Gas Corporation (down 2.59%).

The Bank Nifty concluded at 50,158.85, with an intraday high of 50,155.65 and a low of 49,703.10. The Indian rupee reached a new record low of 87.9563 against the US dollar due to the introduction of new tariff plans by the US president. Out of the 20 constituents in the Nifty Pharma index, 19 saw declines, with Alkem Laboratories and Ipca Laboratories among the top losers. The Nifty Pharma index posted a 9% decline for January.

Among individual stocks, shares of Mazagon Dock Shipbuilders surged by 9.4% to Rs 2,440 for the second consecutive session. Bharat Electronics Ltd gained nearly 1% after securing various orders. Mahindra & Mahindra’s shares rose by about 2%, trading at Rs 3,244.10, thanks to strong Q3 earnings that drove the increase. In contrast, Swiggy’s shares fell by over 5%, marking an 18% decline since reporting its Q3FY25 earnings.

Continuing threats from US tariffs have affected market sentiment, while companies are facing downward revisions in earnings estimates due to weak demand conditions.

Related Topics:Asian markets stock market US President Donald Trump

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National

Man Allegedly Kills Wife, Children, Teen Girl and Her Family

Published

1 week ago

July 11, 2026

Namma Kudla

Hyderabad: A 35-year-old man, identified as Rajkumar, allegedly killed his wife, two young sons, a 17-year-old girl who had accused him of sexual harassment, and the girl’s mother and grandmother in Telangana’s Ranga Reddy district.

Police said Rajkumar first killed his wife, Parvathi Saritha (30), and their two sons at their home in Shabad on Friday night. He then allegedly kidnapped the teenage girl, murdered her, and later killed her mother and grandmother.

The accused had been arrested in May under the POCSO Act for allegedly stalking and sexually harassing the girl. He was granted anticipatory bail about a week before the murders.

After the crime, Rajkumar reportedly called his father and confessed before switching off his phone. He is currently absconding, and police have launched a manhunt. The investigation is underway.

National

Wedding celebration Dispute for Served Chicken promising Mutton

Published

1 week ago

July 11, 2026

Namma Kudla

Bihar: A wedding celebration in Bihar turned violent after a dispute over the food served at the reception. Around 12 people were injured in the clash.

The incident took place in Simri Bakhtiyarpur town of Saharsa district on Thursday.

According to officials, the nikah of Mohammad Abdullah alias Chand, son of Mohammad Anwar, was held with the daughter of Mohammad Javed alias Moto at around 3 pm. The wedding ceremony was completed peacefully.

The trouble began during the wedding feast. Members of the groom’s family claimed they had been promised mutton for the meal. However, they were served chicken instead.

The groom’s side objected to the change in the menu. This led to a heated argument between the two families. The argument soon turned into a physical fight.

Several people from both sides were involved in the clash. Some guests were allegedly beaten with sticks. Videos shared on social media also showed people waving swords during the violence.

Around 12 people suffered injuries in the incident. They were admitted to the Sub-Divisional Hospital in Simri Bakhtiyarpur for treatment.

Police reached the venue and brought the situation under control. A case has been registered, and an investigation is underway.

National

Daughter Held for Mother’s Murder; Father’s Death Also Under Scanner?

Published

1 week ago

July 11, 2026

Namma Kudla

Jaipur: A 23-year-old woman, Ayushi Sharma, who was arrested for allegedly plotting her mother’s murder to obtain a government job, is now facing fresh allegations linked to her father’s death.

Ayushi’s uncle has claimed that the death of her father, Vijay Sharma, may not have been natural. He has demanded a police investigation into the case. Police have started looking into the allegation.

According to the police, Ayushi planned the murder of her mother, Neeraj Sharma, with the help of her uncle Mohan Swaroop and her relative Balram alias Ravi. The motive was to gain control of family property and secure her mother’s government job.

Police said the accused paid Rs.7 lakh to contract killers to carry out the murder. The attackers allegedly rammed an SUV into Neeraj Sharma and tried to make it look like a road accident.

Neeraj Sharma, 45, was working as a Lower Division Clerk (LDC) in a court. On July 3, she was returning home after dropping her son at tuition when a speeding Scorpio SUV allegedly hit her near Pratap Nagar. She was thrown nearly 100 feet and died on the spot. The accused fled after the incident.

During the investigation, police examined CCTV footage from the area. They found that the incident was not an accident but a planned murder. The investigation later exposed the conspiracy.

Police have arrested seven people, including Ayushi Sharma, in connection with the case. One accused is still absconding, and efforts are underway to arrest him.

Police said Neeraj Sharma had received the government job on compassionate grounds after the death of her husband about a year ago. Investigators believe Ayushi wanted the job for herself. Police also said there had been a property dispute between the mother and daughter for the past two to three years.

During questioning, Ayushi allegedly told police that she wanted her late father’s government job. However, after his death, the job was given to her mother. She reportedly admitted that this disappointment, along with the property dispute, became the reason for planning the murder.