Why did stock market crash today? Nifty50 ends below 22,850; BSE Sensex down almost 1,700 points – top reasons for fall

Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex dropped in trade on Friday as US-Iran war tensions and crude oil prices continued to weight on sentiment. While Nifty50 went below 22,850, BSE Sensex was down almost 1,700 points. Nifty50 ended the day at 22,819.60, down 487 points or 2.09%. BSE…

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RIL shares fall over 4% as windfall tax returns on fuel exports; Rs 82,000 crore wiped off market value

Shares of Reliance Industries Ltd (RIL) fell more than 4% on Friday after the government reintroduced windfall taxes on diesel and aviation turbine fuel (ATF) exports, eroding over Rs 82,000 crore from the company’s market capitalisation in intra-day trade.At 3:30 pm, shares of Reliance Industries Ltd were trading at Rs 1,350.80, down Rs 62.30 or…

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How recent Foreign Tax Credit changes impact salaried taxpayers earning from abroad

FTC allows individual taxpayers to claim a credit in India for taxes paid in a foreign jurisdiction on the same income. (AI image) With the rise in global workforce mobility, an increasing number of Indian professionals are earning income across multiple jurisdictions. Employees of multinational companies undertaking overseas assignments, or cross-border roles receive regular salaries…

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US-Iran war: India prepares to re-start LNG buys from Russia; seeks Trump admin waiver, says report

India imports a big portion of its LPG and LNG needs and has been looking to step up procurement from alternative sources. (AI image) Amid Strait of Hormuz-linked supply disruptions, India has reportedly sought a waiver from the US for buying liquified natural gas (LNG) from Russia. According to a Reuters report, India has approached…

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Centre announces extra 20% LPG allocation to states amid global energy crisis — what it means

As ongoing Middle East conflict continues to weigh energy supplies across the globe, the Centre has approached states to step up commercial LPG allocation, inceasing the distribution to 70%. In a letter to chief secretaries of all states and Union territories, secretary of the ministry of petroleum and natural gas, Dr Neeraj Mittal, outlined a…

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Gold price prediction: Will gold prices continue to move up on March 27, 2026 after crash? Check outlook amid US-Iran war

Gold is moving from the mid-band toward the upper band, suggesting strengthening momentum. (AI image) Gold price prediction today: Gold prices are seeing a steady recovery and Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Gold futures on MCX are trading near ₹1,45,500 after witnessing a steady…

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Gold, Silver Rate Today Live Updates: Gold, silver prices continue to climb after worst crash in over 40 years; what’s the outlook?

The weakening of the dollar made bullion, which is priced in the greenback, more affordable for investors using other currencies. “For weeks, gold has been treated as a liquidity asset sold to cover volatility and margin calls elsewhere, but at current levels, it is now looking more like a value proposition for investors, which is…

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