Finance -

Stock market holiday on Bakri Id: Are BSE, NSE closed for trading on May 28?

TazaPulseMay 28, 2026

Investors will get a mid-week trading break as stock exchanges NSE and BSE will remain closed on Thursday, May 28, for Bakri Id.Trading across equity, equity derivatives and securities lending and borrowing (SLB) segments will remain suspended for the day, making this a shortened trading week for Dalal Street participants, reported ET. The holiday comes...

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Traders are skeptical of Iran timeline for Strait of Hormuz reopening

TazaPulseMay 27, 2026

Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi | ISNA | WANA | Via Reuters Iran thinks it can get the Strait of Hormuz to its prewar status within one month of a peace deal with the U.S. Traders on prediction market platform Kalshi are more skeptical. They...

Moody’s flags higher risks for Indian banks from Middle East crisis as oil prices stay elevated

TazaPulseMay 27, 2026

Amid the ongoing stalemate over US-Iran deal, credit rating agency Moody’s Ratings on Wednesday said Indian banks are among the more exposed lenders in the Asia-Pacific region to risks arising from the ongoing Middle East crisis because of India’s heavy dependence on energy imports from the region, PTI reported.The ratings agency said sustained high oil...

Sensex bleeding, gold volatile amid US-Iran war: Time to opt for good old FDs? Pros & cons of fixed income assets

TazaPulseMay 27, 2026

Every crisis reminds us that markets can swing like a pendulum between greed and fear. (AI image) Sensex and Nifty are in deep red. Gold, the favourite safe haven asset for investors, is seeing huge volatility. The US-Iran conflict has hit investment portfolios of Indians who are now left wondering: where is their money safe?...

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Jamie Dimon says JPMorgan Chase could do $20 billion acquisition

TazaPulseMay 27, 2026

Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025. Chandan Khanna | AFP | Getty Images JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank could spend up to $20 billion on an acquisition in the coming years. A deal that...

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Your AI agent can now trade for you on Robinhood. And buy stuff with your credit card too

TazaPulseMay 27, 2026

Vlad Tenev, CEO and co-founder of Robinhood, speaks during the Robinhood Markets, Inc. event in New York City, U.S., March 4, 2026. David Dee Delgado | Reuters Retail investors may soon be able to hand the keys to their portfolios, and even their wallet, to artificial intelligence. Robinhood unveiled tools on Wednesday that let AI...

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Stocks making the biggest moves premarket: MU, ZS, MGM, BBWI

TazaPulseMay 27, 2026

Check out the companies making the biggest moves premarket: Zscaler — Shares tumbled more than 23% after the cloud security company guided for current-quarter revenue of between $875 million to $878 million, falling short of the $879 million analysts were seeking, per LSEG. However, the company’s fiscal third-quarter adjusted earnings of $1.08 per share beat...

Cabinet approves Rs 25,530 crore scheme to strengthen ration distribution system till 2031

TazaPulseMay 27, 2026

The Centre on Wednesday approved a Rs 25,530 crore scheme to continue and modernise the public distribution system (PDS) including ration transport, dealer support and technology upgrades, till March 2031.The Cabinet Committee on Economic Affairs (CCEA) cleared the umbrella scheme called SARTHAK-PDS for the 16th Finance Commission period.The scheme combines two existing programmes related to...

Big milestone! Adani Power overtakes Infosys in market capitalisation; share rallies over 65% year-to-date

TazaPulseMay 27, 2026

Gautam Adani (file photo) Adani Power share price today: In a milestone for the company, Adani Power has overtaken IT sector giant Infosys in terms of market capitalisation after seeing a sharp rally of nearly 68% so far in 2026.Adani Power’s market value currently stands at nearly Rs 4.85 lakh crore, higher than Infosys, whose...

Byju Raveendran reacts to Singapore court order: ‘Cannot allow false & one-sided narrative to go uncontested’ – read full statement

TazaPulseMay 27, 2026

Reacting to a Singapore court’s decision against him, Byju’s founder Byju Raveendran said, “I am disappointed that the recent Singapore court matter has been pursued and reported in a manner that creates a misleading impression about me.”Byju Raveendran, the founder of failed edtech firm Byju’s, has been handed a six-month jail sentence by a Singapore...