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Finance

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Stock Market Live Updates Today: BSE Sensex, Nifty50 open flat in trade on mixed global cues; Asian stocks rise

TazaPulseMay 27, 2026

On 26th May 2026, the BSE Sensex closed at 76,009.70, declining by -479.26 points (-0.63%), as profit booking emerged after the recent sharp upside rally. The index opened lower by around 265 points at 76,224.14 and initially witnessed upside momentum, touching an intraday high of 76,627.04 during early trade. However, the market failed to sustain...

Byju’s founder Raveendran sentenced to six months in jail for contempt of court: Report

TazaPulseMay 27, 2026

Byju Raveendran (file photo) Byju Raveendran, founder of the collapsed edtech company Byju’s, has been sentenced to six months in prison by a Singapore court in a contempt case, according to people aware of the development who told Bloomberg.The court directed Raveendran to undergo jail time after finding that he had failed to comply with...

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China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds

TazaPulseMay 27, 2026

Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s industrial profits in April surged by 24.7% from a year earlier, according to official data released Wednesday, despite broader signs of...

Sebi to reform corp bonds to reduce over-reliance on banks

TazaPulseMay 27, 2026

MUMBAI: Sebi is pushing ahead with bond market reforms with plans for bond tokenisation pilots and a new regulatory framework for debt brokers, as it seeks to deepen corporate debt markets beyond their current narrow base of issues and investors. The regulator is looking at easing disclosure norms for debt-only issues.Noting that financing for business...

‘India, Canada look to conclude FTA talks by year-end,’ says Piyush Goyal

TazaPulseMay 27, 2026

NEW DELHI: India and Canada are looking at concluding the negotiations for a free trade agreement by end of this year, commerce and industry minister Piyush Goyal has said. Goyal is in Canada for a three-day official visit, starting May 25. “Our Prime Minister has tasked us not only with completing the free trade agreement...

New IIP series to track rare earth, PNG, water supply

TazaPulseMay 27, 2026

NEW DELHI: The new index of industrial production (IIP) series, having 2022-23 as base year, is set to track for first time the output of rare earths and minor minerals, piped natural gas (PNG), water supply, sewerage and waste management — the Technical Advisory Committee (TAC) constituted to undertake base year revision under IIM Kozhikode...

N Chandrasekaran unveils 3-year plan to cut losses in Tata new businesses

TazaPulseMay 27, 2026

MUMBAI: Tata Sons chairman N Chandrasekaran presented a three-year roadmap to narrow losses in the company’s new businesses at a marathon board meeting on Tuesday, even as his reappointment remains unresolved.The meeting, held at Tata Group headquarters Bombay House, covered three of the businesses – Air India, Tata Digital and Tata Electronics – reflecting the...

Stocks making the biggest moves after hours: ZS, PODD, BOX

TazaPulseMay 27, 2026

Check out the companies making headlines after the bell : Box — The cloud-based content management provider slipped 2% after guiding for full-year adjusted earnings of $1.56 per share, while analysts polled by LSEG were expecting $1.63. However, Box did report first-quarter adjusted earnings of 37 cents per share on revenue of $306 million, beating...

Finance

Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs

TazaPulseMay 27, 2026

Piper Sandler isn’t buying the talk that an Iran deal is nearing, telling clients that the Strait of Hormuz will largely stay closed and oil will hit new highs. “We think the Strait of Hormuz remains largely closed for months yet, meaning shortages become more urgent and oil hits new highs this Summer,” according to...

Yes Securities barred from onboarding new clients for 3 months

TazaPulseMay 27, 2026

Mumbai: YES Securities (India) Limited, a subsidiary of YES Bank Limited, has been penalised by the National Stock Exchange of India Limited for passing on regulatory penalties to its clients, in violation of market norms laid down by the Securities and Exchange Board of India.The breach relates to margin requirements, where brokers are mandated to...