Why stock market is rising today? Sensex surges over 1,500 pts; Nifty hits 23,800; 6 key factors behind today’s rally

Indian benchmark indices rebounded sharply on Thursday after a weak opening, supported by strong buying in financial stocks, even as concerns lingered over U.S. tariff policies and a global economic slowdown. At 2:03 pm, the BSE Sensex surged 1,524 points, or 1.98%, to 78,515, while the Nifty50 rose 424 points or 1.81% to 23,861. The…

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CCI approves Kotak Mahindra Bank’s proposal to buy Standard Chartered’s ₹4,100 crore personal loan book

The Competition Commission of India (CCI) on Tuesday, November 26, approved private lender Kotak Mahindra Bank‘s proposal to secure Standard Chartered Ltd‘s personal loan book worth ₹4,100 crore. The CCI announced in an official statement that it has approved the “proposed combination involving the acquisition of a standard unsecured personal loans portfolio of Standard Chartered…

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