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    <title><![CDATA[ The News Strike ]]></title>
    <link>https://thenewsstrike.com</link>
    <description>The News Strike – Rajasthan Culture, Mumbai Business, Delhi Lifestyle</description>
    <atom:link href="https://thenewsstrike.com/rss/category/business" rel="self"/>
    <language>en-us</language>
    <lastBuildDate>Thu, 04 Jun 2026 09:18:00 +0200</lastBuildDate>
    

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            <title><![CDATA[Stock Market Under Pressure: Reliance, HDFC Bank and Infosys Drag Nifty Lower Despite Support from SBI and Adani Enterprises]]></title>
            <link>https://thenewsstrike.com/stock-market-under-pressure-reliance-hdfc-bank-and-infosys-drag-nifty-lower-despite-support-from-sbi-and-adani-enterprises</link>
            <description><![CDATA[Indian equity benchmarks remained under pressure during Thursday’s trading session, with the Nifty 50 trading around 23,320, down nearly 86 points, while the Sensex slipped close to 300 points to hover near 74,050. Weakness in heavyweight stocks continued to weigh on overall market sentiment despite selective buying in a few counters.Among the bigg...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/stock-market-under-pressure-reliance-hdfc-bank-and-infosys-drag-nifty-lower-despite-support-from-sbi-and-adani-enterprises</guid>
            <pubDate>Thu, 04 Jun 2026 09:18:00 +0200</pubDate>
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            <title><![CDATA[Stock Market Opens Weak: Nifty Slips Below 23,300; IT, Realty & PSU Banks Lead Sectoral Losses]]></title>
            <link>https://thenewsstrike.com/stock-market-opens-weak-nifty-slips-below-23300-it-realty-psu-banks-lead-sectoral-losses</link>
            <description><![CDATA[Indian equity markets opened on a weak note on Thursday, with the Nifty 50 falling over 130 points to trade near 23,275, while the Sensex declined sharply amid broad-based selling across sectors. Market sentiment remained under pressure due to continued global uncertainty, weak cues from overseas markets, and persistent profit-booking.Sector-wise,...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/stock-market-opens-weak-nifty-slips-below-23300-it-realty-psu-banks-lead-sectoral-losses</guid>
            <pubDate>Thu, 04 Jun 2026 09:17:00 +0200</pubDate>
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            <title><![CDATA[Stock Market Today: Gift Nifty Signals Weak Opening; Nifty Slips Below 23,150, Ambuja Cements Under Pressure]]></title>
            <link>https://thenewsstrike.com/stock-market-today-gift-nifty-signals-weak-opening-nifty-slips-below-23150-ambuja-cements-under-pressure</link>
            <description><![CDATA[Indian equity markets are set for a weak start, with Gift Nifty indicating a decline of nearly 158 points to 23,332 ahead of the opening bell. During the pre-open session, benchmark indices witnessed significant selling pressure, with the Nifty 50 trading around 23,102, down over 300 points, while the Sensex fell nearly 425 points to 73,921.Market...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/stock-market-today-gift-nifty-signals-weak-opening-nifty-slips-below-23150-ambuja-cements-under-pressure</guid>
            <pubDate>Thu, 04 Jun 2026 09:02:00 +0200</pubDate>
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            <title><![CDATA[Gift Nifty Signals Weak Start as Nifty Continues to Form Lower Lows]]></title>
            <link>https://thenewsstrike.com/gift-nifty-signals-weak-start-as-nifty-continues-to-form-lower-lows</link>
            <description><![CDATA[Date: June 4, 2026Indian equity markets are expected to open under pressure on June 4, with Gift Nifty trading at 23,332.50, down 183.20 points or 0.78%, indicating a weak start for benchmark indices.Market experts have highlighted a concerning technical pattern emerging in the Nifty50 index. The index has been consistently forming lower intraday l...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/gift-nifty-signals-weak-start-as-nifty-continues-to-form-lower-lows</guid>
            <pubDate>Thu, 04 Jun 2026 08:59:00 +0200</pubDate>
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            <title><![CDATA[PURPLEUTED, VPRPL, MANORG, VISACHROME, and AAKAAR also hit 5% lower circuits; Heavy Selling in Midcaps Triggers Multiple Lower Circuits]]></title>
            <link>https://thenewsstrike.com/purpleuted-vprpl-manorg-visachrome-and-aakaar-also-hit-5-lower-circuits-heavy-selling-in-midcaps-triggers-multiple-lower-circuits</link>
            <description><![CDATA[Market Recap – 03 June 2026 | The News StrikeSelling pressure intensified in mid and smallcap segments today with several stocks hitting lower circuits. GICL saw a sharp decline locking in the 20% lower band. High volumes were witnessed in select counters amid the volatility.Lower Circuit Action GICL plunged -19.99% to ₹32.19 hitting the 20% lower...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/purpleuted-vprpl-manorg-visachrome-and-aakaar-also-hit-5-lower-circuits-heavy-selling-in-midcaps-triggers-multiple-lower-circuits</guid>
            <pubDate>Wed, 03 Jun 2026 12:46:00 +0200</pubDate>
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            <title><![CDATA[GICL Hits 20% Lower Circuit as SCHNEIDER, DSSL Lock Lower Bands; Sharp Selling Triggers Multiple Lower Circuits on 03 June]]></title>
            <link>https://thenewsstrike.com/gicl-hits-20-lower-circuit-as-schneider-dssl-lock-lower-bands-sharp-selling-triggers-multiple-lower-circuits-on-03-june</link>
            <description><![CDATA[Market Recap – 03 June 2026 | The News StrikeSelling pressure intensified in mid and smallcap segments today with several stocks hitting lower circuits. GICL saw a sharp decline locking in the 20% lower band. High volumes were witnessed in select counters amid the volatility.Lower Circuit Action GICL plunged -19.99% to ₹32.19 hitting the 20% lower...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/gicl-hits-20-lower-circuit-as-schneider-dssl-lock-lower-bands-sharp-selling-triggers-multiple-lower-circuits-on-03-june</guid>
            <pubDate>Wed, 03 Jun 2026 11:54:00 +0200</pubDate>
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            <title><![CDATA[Stock Market Today: Sensex Drops 392 Points, Nifty Down 98 Points; IT Stocks Lead Decline]]></title>
            <link>https://thenewsstrike.com/stock-market-today-sensex-drops-392-points-nifty-down-98-points-it-stocks-lead-decline</link>
            <description><![CDATA[Mumbai, June 3: Indian benchmark indices opened in the red on Wednesday, with selling pressure seen across key sectors, particularly information technology and banking stocks.Key Highlights:Sensex falls 392 points to 74,257Nifty 50 declines 98 points, slips below 23,400Nifty IT drops 2.49%, biggest sectoral loserNifty Bank down nearly 251 pointsMid...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/stock-market-today-sensex-drops-392-points-nifty-down-98-points-it-stocks-lead-decline</guid>
            <pubDate>Wed, 03 Jun 2026 09:16:00 +0200</pubDate>
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            <title><![CDATA[Gift Nifty Up 140 Points, Crude Oil Gains 1%, Dollar-Rupee Rises Ahead of Market Open]]></title>
            <link>https://thenewsstrike.com/gift-nifty-up-140-points-crude-oil-gains-1-dollar-rupee-rises-ahead-of-market-open</link>
            <description><![CDATA[  Mumbai, June 3: Indian equities are poised for a positive opening as Gift Nifty traded at 23,465.50, gaining 139.50 points or 0.59%, indicating bullish sentiment among traders ahead of the market open.In the commodities segment, trends remained mixed. Crude oil futures advanced 1.01% to around ₹9,040, supported by stronger global energy prices. M...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/gift-nifty-up-140-points-crude-oil-gains-1-dollar-rupee-rises-ahead-of-market-open</guid>
            <pubDate>Wed, 03 Jun 2026 09:06:00 +0200</pubDate>
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            <title><![CDATA[Merritronix IPO Closes Today; Issue Subscribed 63.78 Times on Day 2]]></title>
            <link>https://thenewsstrike.com/merritronix-ipo-closes-today-issue-subscribed-6378-times-on-day-2</link>
            <description><![CDATA[Date: June 3, 2026The ₹70.03 crore Merritronix IPO will close for subscription on June 3. The SME issue has witnessed strong investor demand, with overall subscription reaching 63.78 times by the end of Day 2.The retail investor portion was subscribed 89.25 times, while the Non-Institutional Investor (NII) category received 79.53 times subscription...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/merritronix-ipo-closes-today-issue-subscribed-6378-times-on-day-2</guid>
            <pubDate>Wed, 03 Jun 2026 08:42:00 +0200</pubDate>
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            <title><![CDATA[Stock Market Today (June 3): Nifty Holds 23,300 Support, GIFT Nifty Signals Flat Opening Amid Rising Oil Prices]]></title>
            <link>https://thenewsstrike.com/stock-market-today-june-3-nifty-holds-23300-support-gift-nifty-signals-flat-opening-amid-rising-oil-prices</link>
            <description><![CDATA[Date: June 3, 2026Indian benchmark indices are expected to open on a subdued note on June 3 despite positive global cues. GIFT Nifty indicated a weak start, trading 0.06% lower at 23,477.50 and signaling a potential 30-point decline at the opening bell. Elevated crude oil prices, ongoing geopolitical tensions in West Asia, and uncertainty surroundi...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/stock-market-today-june-3-nifty-holds-23300-support-gift-nifty-signals-flat-opening-amid-rising-oil-prices</guid>
            <pubDate>Wed, 03 Jun 2026 08:39:00 +0200</pubDate>
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            <title><![CDATA[Innovatiview India Ltd Appoints Priyank Kanade as Chief Business Officer for Examination Infrastructure Business]]></title>
            <link>https://thenewsstrike.com/innovatiview-india-ltd-appoints-priyank-kanade-as-chief-business-officer-for-examination-infrastructure-business</link>
            <description><![CDATA[National, 02 June, 2026: Innovatiview, India’s largest leading examination technology and infrastructure companies, today announced the appointment of Priyank Kanade as Chief Business Officer, Examination Infrastructure Business. Priyank will lead Innovatiview’s Examination Infrastructure Business under the brand name of Aadarsh Pariksha Kendra wit...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/innovatiview-india-ltd-appoints-priyank-kanade-as-chief-business-officer-for-examination-infrastructure-business</guid>
            <pubDate>Tue, 02 Jun 2026 16:48:00 +0200</pubDate>
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            <title><![CDATA[Corporate Wrap: Fusion Finance Wins Tax Relief, EPack Prefab Bags ₹165 Cr Order, Restaurant Brands Asia Raises ₹1,500 Cr]]></title>
            <link>https://thenewsstrike.com/corporate-wrap-fusion-finance-wins-tax-relief-epack-prefab-bags-165-cr-order-restaurant-brands-asia-raises-1500-cr</link>
            <description><![CDATA[Fusion Finance Gets Relief as ITAT Dismisses Tax Department Appeals; ₹27.8 Cr Demands QuashedFusion Finance Ltd has received favorable orders from the Income Tax Appellate Tribunal (ITAT), New Delhi, dismissing appeals filed by the Income Tax Officer (ITO) for Assessment Years 2020-21 and 2021-22.Key HighlightsITAT dismissed a tax demand of ₹16.62...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/corporate-wrap-fusion-finance-wins-tax-relief-epack-prefab-bags-165-cr-order-restaurant-brands-asia-raises-1500-cr</guid>
            <pubDate>Tue, 02 Jun 2026 21:51:00 +0200</pubDate>
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            <title><![CDATA[IndiGo to Suspend Manchester Flights from August 31 as Rising Costs and Airspace Constraints Impact Operations]]></title>
            <link>https://thenewsstrike.com/indigo-to-suspend-manchester-flights-from-august-31-as-rising-costs-and-airspace-constraints-impact-operations</link>
            <description><![CDATA[InterGlobe Aviation Ltd (IndiGo) has announced the temporary suspension of its flights to and from Manchester, UK, effective August 31, citing an unfavorable operating environment marked by higher fuel costs, extended flight durations, and international airspace restrictions.Key HighlightsIndiGo will discontinue operations on the India–Manchester r...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/indigo-to-suspend-manchester-flights-from-august-31-as-rising-costs-and-airspace-constraints-impact-operations</guid>
            <pubDate>Tue, 02 Jun 2026 21:49:00 +0200</pubDate>
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            <title><![CDATA[Saraswati Saree Depot FY26 Revenue Rises 4.6% to ₹631 Cr; Remains Debt-Free Despite Margin Pressure]]></title>
            <link>https://thenewsstrike.com/saraswati-saree-depot-fy26-revenue-rises-46-to-631-cr-remains-debt-free-despite-margin-pressure</link>
            <description><![CDATA[Saraswati Saree Depot Ltd announced its audited financial results for FY26 and Q4 FY26 on May 26, 2026, reporting steady revenue growth while profitability came under pressure due to higher procurement costs and challenging market conditions.FY26 Financial HighlightsRevenue from Operations increased 4.6% YoY to ₹631.16 Cr from ₹603.59 Cr.EBITDA dec...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/saraswati-saree-depot-fy26-revenue-rises-46-to-631-cr-remains-debt-free-despite-margin-pressure</guid>
            <pubDate>Tue, 02 Jun 2026 21:48:00 +0200</pubDate>
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            <title><![CDATA[SK Minerals & Additives FY26 Revenue Jumps 50% to ₹318 Cr; Expands into Polymer Additives Segment]]></title>
            <link>https://thenewsstrike.com/sk-minerals-additives-fy26-revenue-jumps-50-to-318-cr-expands-into-polymer-additives-segment</link>
            <description><![CDATA[SK Minerals & Additives Ltd reported strong growth in FY26, driven by higher volumes, strategic sourcing initiatives, and increased working capital availability following its IPO. The company also outlined expansion plans in the high-margin polymer additives segment, which is expected to become a key growth driver in the coming years.Financial High...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/sk-minerals-additives-fy26-revenue-jumps-50-to-318-cr-expands-into-polymer-additives-segment</guid>
            <pubDate>Tue, 02 Jun 2026 21:46:00 +0200</pubDate>
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            <title><![CDATA[Exclusive Interview | Battery Health Will Shape EV Fleet Economics, Says Green Drive Mobility CEO Hari Krishna]]></title>
            <link>https://thenewsstrike.com/exclusive-interview-battery-health-will-shape-ev-fleet-economics-says-green-drive-mobility-ceo-hari-krishna</link>
            <description><![CDATA[In conversation with Editor Ankur Sharma, The News Strike, Hari Krishna, Founder & CEO of Green Drive Mobility, said that while Total Cost of Ownership (TCO) remains a widely used benchmark for EV fleet adoption, real-world fleet performance is often shaped by charging downtime, route variability, battery degradation, driver behaviour, and infrastr...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/exclusive-interview-battery-health-will-shape-ev-fleet-economics-says-green-drive-mobility-ceo-hari-krishna</guid>
            <pubDate>Tue, 02 Jun 2026 21:39:00 +0200</pubDate>
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            <title><![CDATA[Multiple Stocks Hit Fresh 52-Week Lows on 02 June; ITC touched ₹283.10; ESCORTS hit ₹2755.00, ICICIPRULI reached ₹485.40]]></title>
            <link>https://thenewsstrike.com/multiple-stocks-hit-fresh-52-week-lows-on-02-june-itc-touched-28310-escorts-hit-275500-icicipruli-reached-48540</link>
            <description><![CDATA[Market Recap – 02 June 2026 | The News Strike Several stocks across segments touched fresh 52-week lows today. The session highlighted selling pressure in both largecap and mid/smallcap names as they made new yearly lows.52-Week Lows BRITANNIA closed at ₹5136.00 making a new 52-week low. ITC touched ₹283.10, also hitting a fresh 52-week low. HAVELL...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/multiple-stocks-hit-fresh-52-week-lows-on-02-june-itc-touched-28310-escorts-hit-275500-icicipruli-reached-48540</guid>
            <pubDate>Tue, 02 Jun 2026 14:43:00 +0200</pubDate>
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            <title><![CDATA[SCHNEIDER, AXISCADES Hit Lower Circuits as COCKERILL, CPPLUS Make 52W Highs; Mixed Action in Mid & Smallcaps on 02 June]]></title>
            <link>https://thenewsstrike.com/schneider-axiscades-hit-lower-circuits-as-cockerill-cpplus-make-52w-highs-mixed-action-in-mid-smallcaps-on-02-june</link>
            <description><![CDATA[Market Recap – 02 June 2026 | The News Strike The market showed mixed trends today with selective strength in Nifty Next 50 alongside selling pressure in mid and smallcap segments. Several stocks hit lower circuits while many others achieved new 52-week highs. High volumes were seen in select low-priced counters.Nifty Next 50 Moves LTM gained 3.16%...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/schneider-axiscades-hit-lower-circuits-as-cockerill-cpplus-make-52w-highs-mixed-action-in-mid-smallcaps-on-02-june</guid>
            <pubDate>Tue, 02 Jun 2026 14:27:00 +0200</pubDate>
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            <title><![CDATA[SCHNEIDER, AXISCADES Hit Lower Circuits on 02 June; Multiple Stocks Lock in Lower Bands Amid Selective Selling]]></title>
            <link>https://thenewsstrike.com/schneider-axiscades-hit-lower-circuits-on-02-june-multiple-stocks-lock-in-lower-bands-amid-selective-selling</link>
            <description><![CDATA[Market Recap – 02 June 2026 | The News Strike Several stocks hit lower circuits today as selling pressure emerged in mid and smallcap segments. SCHNEIDER and AXISCADES were among the prominent names hitting the 5% lower band. High volume was witnessed in select counters even as the broader market showed mixed moves.Lower Circuit Action SCHNEIDER de...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/schneider-axiscades-hit-lower-circuits-on-02-june-multiple-stocks-lock-in-lower-bands-amid-selective-selling</guid>
            <pubDate>Tue, 02 Jun 2026 13:25:00 +0200</pubDate>
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            <title><![CDATA[ENRIN, ZYDUSLIFE Lead Nifty Next 50 Losers on 02 June; Weakness in Nifty Next 50 Amid Broader Market Moves]]></title>
            <link>https://thenewsstrike.com/enrin-zyduslife-lead-nifty-next-50-losers-on-02-june-weakness-in-nifty-next-50-amid-broader-market-moves</link>
            <description><![CDATA[Market Recap – 02 June 2026 | The News StrikeNifty Next 50 witnessed selling pressure with several names closing in the red. ENRIN emerged as the top loser among the segment. The session saw moderate activity across key constituents as some stocks faced notable declines. Nifty Next 50 Losers ENRIN dropped -2.47% to ₹3625.7. ZYDUSLIFE fell -2.23% to...]]></description>
            <category>Business</category>
            <guid>https://thenewsstrike.com/enrin-zyduslife-lead-nifty-next-50-losers-on-02-june-weakness-in-nifty-next-50-amid-broader-market-moves</guid>
            <pubDate>Tue, 02 Jun 2026 13:20:00 +0200</pubDate>
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