As counting begins for the Bihar Assembly elections, early trends show the ruling NDA alliance gaining a decisive lead. However, the political momentum could not lift investor sentiment today, as the Indian stock market opened with sharp losses, mirroring Thursday’s decline in U.S. markets. Sensex and Nifty Open Deep in Red The BSE Sensex opened 418.53 points lower, down 0.50%, at 84,060.14, with 22 of its 30 components trading in the red. The NSE Nifty 50 slid 110 points (0.4%) to begin the session at 25,768. The sell-off largely tracked global cues, with U.S. tech stocks plunging over concerns surrounding the Federal Reserve’s next rate move. The weakness extended into Asian markets this morning, and India was no exception. Losers and Gainers Top Decliners: Tata Motors...

As counting for the Bihar Assembly elections progresses, early trends indicate a sweeping majority for the ruling NDA alliance. Despite weakness in the broader market, Adani Group stocks registered strong gains, with two of the Group’s companies touching new 52-week highs. Adani Stocks Rally Despite Market Decline Even as the Sensex slipped over 400 points in early trade, Adani Group shares defied the downtrend. The momentum comes against the backdrop of election narratives, where the opposition repeatedly raised the “Adani issue,” alleging that 10 lakh trees and 1,050 acres of land in Bihar’s Pirpainti were allotted to Gautam Adani’s power project for just ₹1 per year. Key Stock Movements Adani Power surged 1.5% to ₹156. Adani Enterprises, the Group’s flagship, climbed ove...

As counting for the Bihar Assembly elections continues, gold and silver prices witnessed a decline on Thursday. The fall mirrored international trends, where gold retreated by nearly 1% after touching a three-week high. Domestic Market: Gold Slips on MCX On the Multi Commodity Exchange (MCX), gold futures for 5 December delivery dropped by ₹194, trading at ₹1,26,557 per 10 grams at 10 AM.Key price movements: Previous close: ₹1,26,751 Opening price: ₹1,26,748 Day’s low: ₹1,26,522 Day’s high: ₹1,27,048 The decline comes even as early trends indicate a strong lead for the ruling NDA in Bihar. Silver Prices Also Down Silver futures for 5 December delivery also fell sharply, declining by ₹414 to ₹1,62,056 per kg. Price fluctuations: Previous close: ₹1,62,470 ...

Despite a broader slump in the Indian stock market on Thursday, the recently listed Billionbrain Garage Ventures Ltd — the parent company of the popular investment platform Groww — continued its impressive post-listing rally. The stock jumped up to 7% on the NSE, touching an intraday high of ₹148, even as the market traded in the red. Stock Continues Strong Performance After Listing The Groww parent company's stock is now 48% above its issue price of ₹100 on the NSE.On the BSE, the stock has climbed 30% above its listing price of ₹114. At 11:30 am, Groww shares were trading at ₹143.22, up 3.71% on the BSE. The company’s IPO, valued at ₹6,632 crore, was open from 4 to 7 November. It received an overwhelming response, with an overall subscription of 17 times: Retail Investors...

Despite a broad decline in the Indian stock market on Thursday, Bharat Dynamics Limited (BDL) emerged as a standout performer. While the Sensex slipped over 400 points in early trade and failed to enter positive territory through the day, BDL’s stock surged by 7.2%, hitting an intraday high of ₹1,628.60. Big Boost from Government Defence Order The sharp rally in BDL shares came on the back of two key developments — robust Q2FY26 results and a major defence order from the Government of India.The Ministry of Defence has awarded BDL a contract worth ₹2,095.70 crore for supplying the Invar Anti-Tank Guided Missiles to the Indian Army. According to the company’s exchange filing, the order will be executed over a period of three years. Strong Quarterly Performance BDL reported a stel...