Why is stock market down today? BSE Sensex drops over 800 points, Nifty50 below 24,000 as IT stocks crash – top 5 reasons for fall

The decline was led majorly by IT sector stocks crashing. (AI image) Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, snapped their five day winning streak to tank in trade on Friday. The decline was led majorly by IT sector stocks crashing. Weak global sentiment, aggressive selling in technology stocks and other market…

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Infosys, TCS & other Indian IT stocks crash! How Accenture’s warning has led to big sell-off – what brokerages are saying

The latest sell-off has further deepened the sector’s troubles, taking the Nifty IT index’s decline for calendar year 2026 to 29%. (AI image) Indian IT stocks crashed on Friday as growing disruption fears from artificial intelligence weighed on major stocks such as Tata Consultancy Services (TCS), Infosys, Tech Mahindra, HCLTech. The trigger came from global…

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SpaceX rally loses steam: Stock price falls over 6% after blockbuster debut week at Wall Street

After a gravity-defying run since its blockbuster debut, SpaceX shares finally came back down to Earth on Thursday (local time), falling more than 6% as the post-IPO euphoria began to lose steam.Shares of the Elon Musk-led company were trading at $178.50, down 6.5% during the session, after having already slipped nearly 5% a day earlier….

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‘India to be among our top 5 markets’, says Hesham Abdulla Al Qassim

Maharashtra Chief Minister Devendra Fadnavis shakes hands with Emirates NBD Vice Chairman and Managing Director, Non-Independent Non-Executive Director, Hesham Abdulla Qassim Al Qassim MUMBAI: Emirates NBD’s Rs 26,015 crore purchase of a 60% stake in RBL Bank marks more than the largest banking cross-border deal; it signals how the India-UAE economic relationship is shifting from…

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