/images/ppid_59c68470-image-176348502963227123.webp)
/images/ppid_59c68470-image-17633875348723574.webp)
/images/ppid_59c68470-image-176339752849313643.webp)
/images/ppid_59c68470-image-176328502766272018.webp)
What is the story about?
As we enter the middle of the week, plenty of action across markets, policy and tech.
For starters, global markets are in a tailspin as the AI sell-off shows no signs of slowing, dragging down stocks across the US and Europe for a fourth straight day—Bitcoin and gold are tumbling too.
Back home, Commerce Minister Piyush Goyal insists India-US ties are steady, even as talk of a trade deal heats up.
Meanwhile, it’s a celebration in the startup world: PhysicsWallah makes a smashing market debut with a hefty premium, and Groww continues its dream run, now valued higher than the BSE itself.
Block deals worth ₹8,800 crore are buzzing across major names, and the government has kicked off its big PSU bank consolidation push—though veterans warn against creating giants that are “too big to fail.”
In legal news, the Supreme Court reverses its own ruling on retrospective green clearances, offering major relief to several sectors.
And Mumbai grapples with a CNG shortage, while a massive Cloudflare outage knocks parts of the internet offline.
Here are the ten biggest stories making headlines this evening.
US Market Sell-Off: S&P 500 closes below key technical level ahead of key earnings, jobs report
US equities continued from where they left off last week as selling pressure continued on Wall Street ahead of key data points, including earnings from street darling Nvidia.
Read More Here
No hiatus in India-US ties, will hear good news when deal is equitable and balanced: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has said that there's no hiatus in the India-US relationship which continues to be important and strategic for both the countries.
Read More Here
PhysicsWallah IPO Listing: Shares list at a 36% premium to its IPO price of ₹109
Shares of edtech platform PhysicsWallah delivered strong listing gains of 36% when they debuted on Tuesday, November 18. The stock listed at ₹145 on the NSE, compared with its issue price of ₹109 per share. On the BSE, the stock made a 31% premium debut at ₹143.10.
Read More Here
Groww outgrows BSE and four Nifty50 members in market capitalisation
The meteoric rise in shares of Billionbrains Garage Ventures, the parent company of discount broker Groww, has pushed its valuation to ₹1.17 lakh crore as of Tuesday, November 18. With the stock surging 89% in just five sessions, Groww has overtaken the country’s oldest stock exchange, BSE, in market capitalisation.
Read More Here
Dalal Street sees block deals worth ₹9,000 crore across five stocks as results season ends
Earnings season is over, and block deals are back. Dalal Street has already seen block deals worth over $1 billion or over ₹9,000 crore in the first few minutes of trade in Tuesday's trading session as the streak of promoters and private equity selling resumed with the conclusion of the quarterly results season.
Read More Here
Next PSU bank merger must fix culture, capital, and synergy gaps, say former banker
As talk of another round of public sector bank (PSB) mergers picks up, veteran bankers SS Mundra, former deputy governor of the Reserve Bank of India and former chairman and managing director of Bank of Baroda; Dinesh Kumar Khara, former chairman of State Bank of India; Padmaja Chandru, former managing director of Indian Bank; and Sunil Mehta, former managing director of Punjab National Bank (PNB), weighed in on what the next phase should look like in a discussion with CNBC-TV18.
Read More Here
SC reverses verdict, says permissible projects can be granted ex-post facto environmental clearance
In a 2:1 split verdict, the Supreme Court on Tuesday (November 18) set aside its own verdict that quashed the Centre's decision to grant retrospective environmental clearances to projects. The order came as a major relief for realtors, miners, and Steel Authority of India Limited (SAIL).
Read More Here
Mumbai CNG supply restored after GAIL pipeline repair, says MGL
Mahanagar Gas (MGL) on Tuesday, November 18, said that gas supply has been restored to its City Gate Station (CGS) in Wadala after GAIL completed rectification work on a damaged pipeline inside the RCF Trombay premises, enabling the resumption of supply to affected CNG stations across Mumbai, Thane and Navi Mumbai.
The company said restoration for industrial and commercial customers is still underway.
Read More Here
Hamas rejects UN Gaza resolution, says international force would become party to conflict
Hamas rejected the United Nations Security Council's passing a US-drafted resolution endorsing US President Donald Trump's Gaza plan, saying it fails to meet Palestinians' rights and demands and seeks to impose an international trusteeship on the enclave that Palestinians and resistance factions oppose.
Read More Here
Cloudflare outage disrupts ChatGPT, X, other internet services
Internet infrastructure provider Cloudflare says it is deploying a fix for an issue that caused global outages for ChatGPT, social media platform X, transit infrastructure and other prominent internet services.
Read More Here
We'll see you on Wednesday with another engaging 'Top 10@10.
For starters, global markets are in a tailspin as the AI sell-off shows no signs of slowing, dragging down stocks across the US and Europe for a fourth straight day—Bitcoin and gold are tumbling too.
Back home, Commerce Minister Piyush Goyal insists India-US ties are steady, even as talk of a trade deal heats up.
Meanwhile, it’s a celebration in the startup world: PhysicsWallah makes a smashing market debut with a hefty premium, and Groww continues its dream run, now valued higher than the BSE itself.
Block deals worth ₹8,800 crore are buzzing across major names, and the government has kicked off its big PSU bank consolidation push—though veterans warn against creating giants that are “too big to fail.”
In legal news, the Supreme Court reverses its own ruling on retrospective green clearances, offering major relief to several sectors.
And Mumbai grapples with a CNG shortage, while a massive Cloudflare outage knocks parts of the internet offline.
Here are the ten biggest stories making headlines this evening.
US Market Sell-Off: S&P 500 closes below key technical level ahead of key earnings, jobs report
US equities continued from where they left off last week as selling pressure continued on Wall Street ahead of key data points, including earnings from street darling Nvidia.
Read More Here
No hiatus in India-US ties, will hear good news when deal is equitable and balanced: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has said that there's no hiatus in the India-US relationship which continues to be important and strategic for both the countries.
Read More Here
PhysicsWallah IPO Listing: Shares list at a 36% premium to its IPO price of ₹109
Shares of edtech platform PhysicsWallah delivered strong listing gains of 36% when they debuted on Tuesday, November 18. The stock listed at ₹145 on the NSE, compared with its issue price of ₹109 per share. On the BSE, the stock made a 31% premium debut at ₹143.10.
Read More Here
Groww outgrows BSE and four Nifty50 members in market capitalisation
The meteoric rise in shares of Billionbrains Garage Ventures, the parent company of discount broker Groww, has pushed its valuation to ₹1.17 lakh crore as of Tuesday, November 18. With the stock surging 89% in just five sessions, Groww has overtaken the country’s oldest stock exchange, BSE, in market capitalisation.
Read More Here
Dalal Street sees block deals worth ₹9,000 crore across five stocks as results season ends
Earnings season is over, and block deals are back. Dalal Street has already seen block deals worth over $1 billion or over ₹9,000 crore in the first few minutes of trade in Tuesday's trading session as the streak of promoters and private equity selling resumed with the conclusion of the quarterly results season.
Read More Here
Next PSU bank merger must fix culture, capital, and synergy gaps, say former banker
As talk of another round of public sector bank (PSB) mergers picks up, veteran bankers SS Mundra, former deputy governor of the Reserve Bank of India and former chairman and managing director of Bank of Baroda; Dinesh Kumar Khara, former chairman of State Bank of India; Padmaja Chandru, former managing director of Indian Bank; and Sunil Mehta, former managing director of Punjab National Bank (PNB), weighed in on what the next phase should look like in a discussion with CNBC-TV18.
Read More Here
SC reverses verdict, says permissible projects can be granted ex-post facto environmental clearance
In a 2:1 split verdict, the Supreme Court on Tuesday (November 18) set aside its own verdict that quashed the Centre's decision to grant retrospective environmental clearances to projects. The order came as a major relief for realtors, miners, and Steel Authority of India Limited (SAIL).
Read More Here
Mumbai CNG supply restored after GAIL pipeline repair, says MGL
Mahanagar Gas (MGL) on Tuesday, November 18, said that gas supply has been restored to its City Gate Station (CGS) in Wadala after GAIL completed rectification work on a damaged pipeline inside the RCF Trombay premises, enabling the resumption of supply to affected CNG stations across Mumbai, Thane and Navi Mumbai.
The company said restoration for industrial and commercial customers is still underway.
Read More Here
Hamas rejects UN Gaza resolution, says international force would become party to conflict
Hamas rejected the United Nations Security Council's passing a US-drafted resolution endorsing US President Donald Trump's Gaza plan, saying it fails to meet Palestinians' rights and demands and seeks to impose an international trusteeship on the enclave that Palestinians and resistance factions oppose.
Read More Here
Cloudflare outage disrupts ChatGPT, X, other internet services
Internet infrastructure provider Cloudflare says it is deploying a fix for an issue that caused global outages for ChatGPT, social media platform X, transit infrastructure and other prominent internet services.
Read More Here
We'll see you on Wednesday with another engaging 'Top 10@10.
Do you find this article useful?
/images/ppid_59c68470-image-17634450880952255.webp)
/images/ppid_59c68470-image-176339752758822011.webp)
/images/ppid_59c68470-image-176338013592625940.webp)
/images/ppid_59c68470-image-176343506609741636.webp)
/images/ppid_59c68470-image-176342757695963942.webp)
/images/ppid_59c68470-image-17633500729161374.webp)
/images/ppid_59c68470-image-176343265082657646.webp)