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Dalal Street was also tracking the broader weakness across global markets. US stocks ended the previous session sharply lower, with the tech-heavy Nasdaq falling more than 0.9% and the S&P 500 declining around 0.8%. At around 10:25 AM, Nifty50 was trading at 22,586.60, down 194 points or 0.85%. BSE Sensex was at 72,138.99, down 633 points or 0.87%.
The advocate had reportedly reserved a family room at an inn in Srinagar for December 27 and 28, 2025. He paid Rs 5,788 for the booking. For the next leg of the trip, he booked two rooms at a hotel Gulmarg for December 28 and 29 at a cost of Rs 12,987.
For bulk purchases, such off-the-record cash deals can bring prices down by as much as 6% from prevailing market rates. Dealers who take cash can avoid certain taxes and share some of those savings with buyers. The revival of this informal market is an unintended outcome of a policy intended to reduce India’s demand for gold.
Noel Tata's plan for merging Tata companies seeks to maintain the private status of Tata Sons, avoiding any public listing. However, the Reserve Bank of India has already rejected previous requests to ease regulatory restrictions on Tata Sons. Additionally, potential dissent within the Tata Sons board may question the validity of this merger initiative, amplified by the Shapoorji Pallonji Group's counterarguments.
Rising oil prices are reflecting a renewed uncertainty over US sanctions on Iran, with Brent crude surpassing $103 a barrel and WTI hovering around $89. As Qatar works hard to ease tensions between the United States and Iran, Saudi Arabia has resumed oil exports from the Red Sea, aiding recovery in regional supply.
Economy Showing Strength: Das says India stays robust on demand; warns Global South on risks
https://timesofindia.indiatimes.com/business/india-business/economy-showing-strength-amid-challenges-das/articleshow/134581934.cms