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Get the appGetIndian stock markets declined as rising crude oil prices overshadowed gains in the IT sector. The Sensex dropped sharply, falling 1,250 points from the day's high, while the Nifty slipped below 22,400. Market volatility was driven by surging crude prices, foreign institutional investor outflows, and weakness in power and metal stocks, causing significant losses in afternoon trading sessions.
Reuters·
BusinessPhoto: News18 BusinessOn October 23, Indian stock markets declined for the fourth straight session. The BSE Sensex closed at 73,123.83, down 125.56 points, while the NSE Nifty settled at 22,600, down 87.65 points. Despite sharp intraday lows, both indices recovered some losses by the close. Selling pressure was seen in midcap, smallcap stocks, metal shares, and consumer durables, affecting market sentiment.
News18 Business·
PoliticsPhoto: News18 WorldVivek Ramaswamy, backed by Donald Trump, is competing in the 2026 Ohio governor’s race after winning the GOP primary with over 82% of the vote. He faces Democrat Amy Acton, a physician and former Ohio Health Director known for her Covid-19 leadership. The race is competitive, with Acton focusing on affordability, healthcare, education, and jobs, while Ramaswamy promises lower costs and economic growth.
News18 World··Cincinnati
BusinessPhoto: NDTV BusinessShriram Finance reported a 59.4% rise in net profit to Rs 3,677 crore for Q2 fiscal 2027, up from Rs 2,307 crore last year. Net Interest Income reached Rs 8,661 crore, surpassing estimates. Gross NPA was 4.65%, net NPA 2.31%. The company declared an interim dividend of Rs 6.5 per share, with October 29 as the record date. The board also approved issuing debentures via private placement.
NDTV Business·
EntertainmentPhoto: News18Hi EntertainmentDelhi Police has approved the concert of popular Punjabi singer Diljit Dosanjh in the capital. After multiple rounds of security reviews, the administration granted permission for the event. With the approval, preparations for the concert have accelerated, generating great excitement among music lovers and fans in Delhi.
News18Hi Entertainment··Delhi
PoliticsPhoto: NDTVCongress MP Shashi Tharoor referenced the 1975-77 Emergency period to rebut BJP's accusations that current protests over alleged electoral fraud aim for 'regime change' funded by Western entities. Speaking at the NDTV World Summit, he highlighted how the Emergency was ended by a united opposition including BJP and RSS. Tharoor emphasized that peaceful protest is a democratic right in India, unlike violent protests elsewhere.
NDTV··New Delhi
Reuters·
Indian stock markets declined as rising crude oil prices overshadowed gains in the IT sector. The Sensex dropped sharply, falling 1,250 points from the day's high, while the Nifty slipped below 22,400. Market volatility was driven by surging crude prices, foreign institutional investor outflows, and weakness in power and metal stocks, causing significant losses in afternoon trading sessions.
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