Major firms are set to hire over 70,000 freshers in FY26, reflecting a shift in the economic landscape. In stock market news, IDFC First Bank reported a 53% drop in net profit to ₹339 crore, while ICICI Bank’s net profit rose 15% to ₹11,792.4 crore. Yes Bank saw a significant 164.5% increase in net profit, reaching ₹612 crore.
about Major Firms to Hire Over 70000 Freshers in FY26 Amid Economic ChangesBPCL
0 in Finance and 0 in Crypto last weekSensex Plummets Over 1000 Points Amid Global Market Turmoil
The Sensex plummeted by over 1,000 points, closing at 76,330, driven by unfavorable global cues, significant FII sell-offs, and a historic low for the rupee against the dollar. Rising Brent crude prices raised inflation concerns, while anticipation of a less favorable Union Budget added to market anxiety.
about Sensex Plummets Over 1000 Points Amid Global Market TurmoilIndian stock market crashes amid virus outbreak and global concerns
The Indian stock market experienced a significant downturn, with the Sensex plummeting over 1,300 points and the Nifty 50 falling below 23,600, driven by fears of a new virus outbreak in China. All sectoral indices were in the red, particularly Nifty PSU Bank and Nifty Metals, while broader markets also faced heavy selling. The emergence of Human Metapneumovirus (HMPV) in Bengaluru, linked to respiratory illnesses, added to investor anxiety amid weak Asian market sentiment influenced by potential U.S. trade policy changes.
about Indian stock market crashes amid virus outbreak and global concerns