Reliance Jio Q1 Results: PAT grows 25% YoY to Rs 7,110 crore; ARPU at Rs 208.8
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
2 hours ago
- Time of India
'Security threat': Russia readies to oust WhatsApp
WhatsApp should prepare to leave the Russian market, a lawmaker who regulates the IT sector said on Friday, warning that the messaging app owned by Meta Platforms was likely to be put on a list of restricted software. President Vladimir Putin last month signed a law authorising the development of a state-backed messaging app integrated with government services, as Russia strives to reduce its dependence on platforms such as WhatsApp and Telegram. Explore courses from Top Institutes in Select a Course Category Finance Cybersecurity Artificial Intelligence Project Management CXO Public Policy Healthcare Digital Marketing Degree others Data Science Leadership Technology Design Thinking Data Analytics MBA MCA Data Science Operations Management PGDM Product Management Management healthcare Others Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Fintech & Blockchain India Starts on undefined Get Details Anton Gorelkin, deputy head of the lower house of parliament's information technology committee, said in a statement on Telegram that the state-backed app, MAX, could gain market share if WhatsApp - used by 68% of Russians daily - left. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo "It's time for WhatsApp to prepare to leave the Russian market," Gorelkin said, adding that Meta is designated as an extremist organisation in Russia. The company's Facebook and Instagram social media platforms have been banned in Russia since 2022, when Moscow sent tens of thousands of troops into Ukraine. Meta did not immediately respond to a request for comment. Live Events Russian lawmakers this week approved sweeping legal amendments, proposing fines of up to $63 for anyone searching for material online that the government deems extremist.
Economic Times
4 hours ago
- Economic Times
ET Market Watch: Sensex crashes 500 points, 5 factors behind market fall
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch -- where we bring you the latest news from the world of stock markets every single day. Let's get to it: Markets took a beating today! Sensex down 500 points, Nifty slips below 25,000. So, what triggered the sell-off? Sensex closed at 81,757. Nifty ended at 24,968. ₹2.6 lakh crore in market value wiped out. Broad sell-off across financials, autos, FMCG, and pharma. Top 5 reasons behind the fall: 1. FIIs Turn Sellers After strong inflows in May and June, foreign investors pulled out ₹2,660 crore this month. This reversal in trend reflects growing caution amid global uncertainties, elevated valuations, and a shift in risk sentiment. 2. Axis Bank Misses Estimates Higher provisions hit profits. Stock fell 5.2%. Hence, Ripple effects were seen across HDFC, Kotak, and SBI, pulling the Sensex down by 391 points. 3. Citi Downgrades India Citi moves India to neutral, citing overvaluation. Market is at 23x forward earnings, way above peers and historic average. While Citi is positive on India's macro outlook, it prefers sectors like banks, NBFCs, healthcare, and telecoms, and is cautious on IT, metals, and consumer staples. 4. Fed Confusion Continues Conflicting signals from US Fed officials are hinting at no rate cut in July. Even September's not guaranteed. Hence, the market mood is not that great. 5. Oil Prices Surge Drone strikes in Iraq push Brent to $70+. This is not good news for oil-importing India, so input cost worries are back. Is this a healthy correction or a warning sign? Let's watch the global cues next week.
Time of India
4 hours ago
- Time of India
ET Market Watch: Sensex crashes 500 points, 5 factors behind market fall
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch -- where we bring you the latest news from the world of stock markets every single day. Let's get to it: Markets took a beating today! Sensex down 500 points, Nifty slips below 25,000. So, what triggered the sell-off? Sensex closed at 81,757. Nifty ended at 24,968. ₹2.6 lakh crore in market value wiped out. Broad sell-off across financials, autos, FMCG, and pharma. Top 5 reasons behind the fall: 1. FIIs Turn Sellers After strong inflows in May and June, foreign investors pulled out ₹2,660 crore this month. This reversal in trend reflects growing caution amid global uncertainties, elevated valuations, and a shift in risk sentiment. 2. Axis Bank Misses Estimates Higher provisions hit profits. Stock fell 5.2%. Hence, Ripple effects were seen across HDFC, Kotak, and SBI, pulling the Sensex down by 391 points. 3. Citi Downgrades India Citi moves India to neutral, citing overvaluation. Market is at 23x forward earnings, way above peers and historic average. While Citi is positive on India's macro outlook, it prefers sectors like banks, NBFCs, healthcare, and telecoms, and is cautious on IT, metals, and consumer staples. 4. Fed Confusion Continues Conflicting signals from US Fed officials are hinting at no rate cut in July. Even September's not guaranteed. Hence, the market mood is not that great. 5. Oil Prices Surge Drone strikes in Iraq push Brent to $70+. This is not good news for oil-importing India, so input cost worries are back. Is this a healthy correction or a warning sign? Let's watch the global cues next week.
