Business

New Delhi: The Bihar Assembly election results were announced on Friday, delivering a decisive mandate to the ruling NDA, which won 202 out of 243 seats. The victory had a notable impact on market sentiment, particularly concerning industrialist Gautam Adani and the Adani Group. During the elections, Adani’s name surfaced in political discussions after the Bihar government allocated land in Pirpanti, Bhagalpur district for a thermal power plant project to Adani Power Limited. Opposition parties, including Congress, RJD, and CPI (ML), accused the Bihar government and BJP of favoring Adani. Both the BJP and the state government rejected these claims, stating that the project allocation followed due process. Following the election results, India’s stock markets initially opened lower, b...

The U.S. stock market witnessed a sharp decline on Thursday, impacting the fortunes of the world’s wealthiest. Eight out of the top ten billionaires saw a dip in their net worth, with Elon Musk suffering the largest blow. Tesla shares fell by 6.64%, resulting in a staggering loss of over $20.5 billion for Musk, bringing his total net worth down to $430 billion. Despite this setback, his net worth remains among the highest globally, though it has decreased by $2.83 billion so far this year. Recently, Tesla shareholders approved a $1 trillion package in favor of Musk. Other top billionaires also felt the impact: Larry Ellison saw his net worth drop by $10.8 billion, now standing at $275 billion, despite an overall gain of $82.6 billion this year. Jeff Bezos lost $5.77 billion, b...

In a significant shift in the Indian equity landscape, domestic investors and mutual funds are emerging as the dominant force in the stock market, as foreign portfolio investments (FPIs) continue to decline. Foreign Holdings Hit 15-Year Lows According to a recent NSE report titled “Who Owns India Inc? – DMFs Extend Record Run as FPIs Hit 15-Year Lows”, foreign investors’ holdings in Indian companies have dwindled sharply over the past few years. Total FPI stake in listed companies has fallen to 16.9%, the lowest in 15 years. Specifically, FPIs’ share in Nifty 50 and Nifty 500 companies has dropped to 24.1% and 18%, respectively—the lowest levels in 13 years. During the latest quarter ending September 2025, foreign funds withdrew $8.7 billion from the market, driving this decline. ...

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...

Authored by: Bagish Jha | Times News Network | November 13, 2025 | 11:23 AM Faridabad/New Delhi: The Al-Falah University in Faridabad has come under the scanner following revelations that three of its faculty members were allegedly involved in the Delhi blast near the Red Fort metro station on November 10, which killed nine people and injured several others. Investigators have traced the terror module’s academic links to this private institution, bringing its management under close scrutiny. Trustee Linked to Nine Companies Records from the Ministry of Corporate Affairs show that Javed Ahmad Siddiqui, the Managing Trustee of Al-Falah University, is associated with nine companies. These firms operate across sectors including investment, education, software, energy, exports, and con...

Mumbai | November 13, 2025: After the much-anticipated demerger of Tata Motors, investors now have two separately listed entities — one for Passenger Vehicles (PV) and another for Commercial Vehicles (CV). While the Tata Motors (CV) stock made an impressive debut on Wednesday, listing 28% above its expected price, it has since seen a steady decline, raising the question — is this a short-term correction or a long-term buying opportunity? Strong Debut, Quick Pullback Tata Motors (CV) shares were listed on the NSE at ₹335, compared to the estimated issue price of ₹260.75 — a 28.5% premium. However, enthusiasm quickly faded. On Thursday, the stock dropped 3.9% to ₹316.5, marking a 5.5% decline from its opening price. On the BSE, it traded at ₹315, down 3.9%. In just two sessions, the st...