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Indian stock markets experienced a significant downturn on Friday. Investor wealth saw a substantial decline of Rs 5.77 lakh crore. Benchmark indices, Sensex and Nifty50, plunged sharply in the final trading hour. Concerns over a weaker monsoon outlook and geopolitical uncertainty fueled the sell-off. Broad-based selling pressure was observed across various sectors.

Indian IT stocks surged Monday, with major players like Infosys and TCS gaining up to 5%. This rebound follows months of AI-driven pessimism, as investors reassess sector valuations ahead of a key US Federal Reserve meeting. Technical indicators suggest a potential short-term recovery, though analysts caution it might be a retracement within a broader trend.

Stock markets surged on Monday, with Sensex and Nifty crossing significant milestones. Easing West Asian tensions and falling crude oil prices fueled investor optimism, particularly after US President Trump indicated a deal with Iran was largely negotiated. Banking stocks led the rally, while global markets also saw gains.

In fact, ⁠IT has been the worst-performing major sector in the Indian market over the past 12-18 months. In May, 2026, the Nifty IT index touched a near 3-year low, losing more than a fourth of its value since the start of the year.

Kia India has launched a Battery-as-a-Service (BaaS) finance program for the Carens Clavis EV, aiming to reduce upfront costs by separating vehicle and battery financing. This allows ownership plans starting from Rs 51,520 with an additional per-kilometer battery subscription charge, making EVs more accessible.

Indian equity benchmarks, Sensex and Nifty, extended their losses for a fourth consecutive session, plunging nearly 2% on Tuesday. Rising crude oil prices, sustained foreign fund outflows, and escalating West Asia conflict uncertainty contributed to the broad-based selloff, impacting IT, realty, and consumer durable stocks.

Retail inflation edged up to 3.5% in April, driven by a rise in food prices. While fuel inflation slowed, restaurant services saw a significant price jump due to higher LPG costs. Consumer durables like cars and air conditioners, however, became cheaper. Experts note upside risks to the inflation outlook despite the softer-than-expected reading.

Amaravati, the newly anointed capital city of Andhra Pradesh, is still under construction, but its Quantum Valley project is already luring deeptech startups, scientists and engineers to move in as the first settlers and work on the next frontier of technology

Persistent foreign fund outflows and the rupee sliding to record lows have further dampened sentiment, prompting investors to stay cautious and intensify selling across equity markets.

Indian equity markets experienced a downturn Friday, with both Sensex and Nifty closing lower. Renewed military tensions near the Strait of Hormuz dampened investor sentiment, leading to profit-booking across various sectors. While IT stocks showed resilience, PSU banks were significantly impacted. Global markets also reflected cautious sentiment.

A popular YouTuber's lavish lifestyle, including a Dubai cruise wedding, has drawn the Enforcement Directorate's attention. Investigators allege his empire was built on illegal betting promotions and money laundering. The case highlights the blurred lines between fantasy sports and betting, and the regulatory gaps exploited by online platforms.

Stock market today: The BSE Sensex, comprising 30 stocks, advanced 355.90 points, or 0.46 per cent, to close at 77,269.40. During the session, it had surged as much as 997.25 points, or 1.29 per cent, reaching an intraday high of 77,910.75.