Up in smoke! LIC loses over ₹11,400 crore in 2 days amid 14% crash in ITC shares on tobacco tax hike

Buzz line1 month ago06 mins

It has not been a happy New Year for ITC shareholders. The cigarettes-to-FMCG conglomerate has seen its stock tumble 14% in two days to its lowest level in three years, hurt by the government’s announcement of a steep hike in the excise duty on tobacco products. This has resulted in the overall wealth evaporation of…

Top Gainers & Losers on Jan 01: Godfrey Phillips, ITC, Reliance Infra, Ather Energy, Kaynes Tech among top losers

Buzz line1 month ago07 mins

The Indian stock market kicked off 2026 on a modest note as liquidity remained low, with most major international markets closed for New Year’s Day. The Nifty 50 closed with a 0.06% gain, ending at 26,146, while the S&P BSE Sensex closed 0.04% lower at 85,1.88The broader markets closed mixed, with the Nifty Midcap 100…

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