logo
Nifty 50 closes below 25k, investors lose  ₹3 lakh crore— 10 key highlights from Indian stock market today

Nifty 50 closes below 25k, investors lose ₹3 lakh crore— 10 key highlights from Indian stock market today

Mint13 hours ago
The Indian stock market ended in the negative territory for the second consecutive session on Friday, July 18, as investors continued trimming exposure to equities amid unimpressive earnings, stretched market valuation and persisting tariff-related uncertainties.
The Sensex lost 502 points, or 0.61 per cent, to close at 81,757.73, while the Nifty 50 settled at 24,968.40, down 143 points, or 0.57 per cent. The BSE Midcap index ended 0.62 per cent lower, and the Smallcap index dropped 0.64 per cent.
The cumulative market capitalisation of the firms listed on the BSE dropped to over ₹ 458 lakh crore from over ₹ 461 lakh crore in the previous session, making investors poorer by about ₹ 3 lakh crore in a single session.
(This is a developing story. Please check back for fresh updates.)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

AI is empowering chartered accountants, says ICAI president
AI is empowering chartered accountants, says ICAI president

Time of India

time35 minutes ago

  • Time of India

AI is empowering chartered accountants, says ICAI president

Pune: The increasing use of artificial intelligence (AI) is revolutionising the accounting profession, making chartered accountants (CAs) more technologically adept and future-ready, said CA Charanjot Singh Nanda. He is the president of the Institute of Chartered Accountants of India (ICAI) and was speaking at the inaugural session of the AI Innovation Summit 2025 in Pune. The two-day national summit, themed "Transforming Accounting, Audit, Tax and Governance," was organised by ICAI at Baner and drew participation from more than 1,000 CA members, students and dignitaries. "AI is the future. Indian Chartered Accountants must not only understand this technology but also learn to harness its full potential. ICAI has launched structured certificate training programmes and is incorporating AI into the CA curriculum from 2027. Over 500 AI training sessions were held so far, training 25,000 CAs across the country," Nanda said. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune Prasanna Kumar D, vice-president of ICAI, said AI has become inseparable from the accounting profession. "There is no alternative to adapting to AI. Lakhs of CAs and students are already utilising these tools. We must dismiss fears about job loss—AI will create over 1.25 crore jobs in the future. For those who adapt and upskill, this is a wealth of opportunity," he said.

Pakistan Extends Airspace Ban For Indian Flights Till August 24
Pakistan Extends Airspace Ban For Indian Flights Till August 24

NDTV

time39 minutes ago

  • NDTV

Pakistan Extends Airspace Ban For Indian Flights Till August 24

Lahore: Pakistan has extended the closure of its airspace for flights operated by Indian airlines by another month till August 24, the Pakistan Airports Authority (PAA) said. No aircraft operated by Indian airlines, or military and civilian flights that are Indian-owned or leased, will be allowed to use Pakistani airspace, according to a NOTAM (notice to airmen) that came into effect at 3:50 pm India time on Friday. The ban will remain in place till August 24 at 5:19 am (India time), the PAA said. The Indian airspace is also closed to all Pakistani aircraft till July 24 after a ban was imposed first on April 30 as part of measures taken by the Indian government against Pakistan in the wake of the Pahalgam terror attack that killed 26 people on April 22. Pakistan shut its airspace for Indian aircraft on April 24 and the tit-for-tat restrictions by the two nations have been extended multiple times.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store