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Prestige Estates to buy 50% stake in Mumbai commercial project for up to ₹504 crore
Prestige Estates will acquire a 50% stake in Advent Convention and Hotels International for up to ₹504 crore in cash, giving it a share in a commercial project coming up in Mumbai's Andheri East with an estimated development value of around ₹4,500 crore.
Sensex stocks: HDFC Bank, TCS, Asian Paints, IndiGo, Trent hit 52-week lows
Ambuja Cements, DLF, Dixon, Gail, Indian Hotels, Shree Cement, REC, Tata Motors PV, Wipro, Suzlon, Coforge, and Info Edge, among the BSE 100 index, also hit their respective 52-week lows amid Iran war
Oil Above $100! Iran’s Mojtaba Khamenei Warns on Hormuz | US Markets Slide | Opening Bell
Brent crude climbs above $100 as Iran’s new Supreme Leader Mojtaba Khamenei warns the Strait of Hormuz should remain closed to pressure enemies and calls for US military bases to shut in the Middle East. Global markets react sharply. Asian markets open lower with Nikkei 225 down 2% and Kospi sliding nearly 3%. US markets hit new 2026 lows as the Dow Jones tumbles 740 points while NASDAQ dips. Meanwhile, US Treasury yields rise and gold slips on a stronger dollar. With GIFT Nifty signaling a gap-down start for Indian equities and oil prices surging, what does this mean for inflation and investors? Tune in as Surabhi Upadhyay and market experts decode the big global cues shaping today’s market action.