Business
Sensex Falls 689 Points, Nifty Drops 205 Points As Global Tensions & Weak TCS Earnings Hit Markets
Key Highlights:
– Sensex falls 689.81 points and Nifty slips 205.4 points
– TCS reports weak Q1 FY25 earnings, dragging IT sector
– US-Canada tariff tensions dent global and domestic sentiment
Mumbai: On Friday, Indian stock markets closed in the red, pulled down by rising global trade tensions and a poor start to the earnings season. The Sensex fell by 689.81 points (0.83 percent) to finish at 82,500.47, while the Nifty dropped 205.4 points (0.81 percent) to end at 25,149.85.
TCS Results Shake Investor Confidence
The biggest trigger for the fall was Tata Consultancy Services (TCS) posting weaker-than-expected results for Q1 FY25. This caused a sharp selloff in IT stocks, with the Nifty IT index falling nearly 1.8 percent. Other IT firms like HCL Technologies also dropped.
Auto and Other Sectors Also Under Pressure
Auto stocks joined the decline, with the Nifty Auto index falling by nearly 1.8 percent too. Among the biggest losers on the Sensex were TCS, Mahindra & Mahindra, Tata Motors, Bharti Airtel, and Titan, losing up to 3.5 percent.
On the other hand, some stocks such as Hindustan Unilever, Axis Bank, Sun Pharma, and NTPC ended higher and provided limited support to the market.
Global Trade Issues Weigh Heavy
Investor mood worsened after US President Donald Trump imposed fresh 35 percent tariffs on Canadian imports, increasing concerns about global trade tensions. This added to already cautious market sentiment.
Mid and Small Caps Also Feel the Heat
The broader markets also saw declines. The Nifty MidCap index dropped 0.88 percent, and the Nifty SmallCap index slipped 1.02 percent, showing weakness across the board.
Some Sectors Show Strength
Despite overall weakness, FMCG and Pharma sectors managed small gains. The Nifty FMCG and Pharma indices ended in the green.
Volatility Increases Slightly
The India VIX, which measures market fear, rose 1.24 percent to close at 11.81, indicating slightly higher uncertainty among investors.
Business
Meta to report child safety cases to India’s I4C cybercrime portal (Lead)

New Delhi, Sep 15: Meta will directly report child safety matters to India’s Cybercrime portal managed by the Indian Cyber Crime Coordination Centre (I4C), the US-based technology giant said on Tuesday.
The decision comes amid heightened scrutiny of Meta in India over the alleged circulation and promotion of child sexual abuse material (CSAM) through advertisements on Instagram.
The government has said the online safety of children is a fundamental principle for every social media platform operating in India and remains non-negotiable, according to government sources. The commitment by Meta is being seen as a first step towards strengthening safeguards for children on social media platforms, they added.
Meta — in a statement on the ongoing issue — said protecting children on its platforms is a priority and that it is committed to working with the government to ensure perpetrators of such crimes are held responsible.
“To collectively strengthen our efforts to combat this harm, Meta will now report child safety matters directly to the Cyber crime portal managed by I4C,” a Meta spokesperson said.
Social media platforms can be used to circulate or facilitate access to CSAM and other forms of child exploitation.
Reporting such cases to law enforcement agencies would help ensure that such incidents are not dealt with solely through platforms’ internal content-moderation systems.
The government has stressed that more needs to be done and that discussions are continuing with other social media platforms to proactively identify and remove harmful content.
It has also warned that action could be taken against platforms that fail to adopt adequate proactive measures to protect children online.
The development comes amid growing global scrutiny of social media platforms over risks to children, including exposure to sexual exploitation, harmful content and online abuse.
In India, social media platforms are governed by the Information Technology Act and the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, which prescribe due-diligence obligations for intermediaries.
Meta had faced scrutiny after an investigation by the Tech Transparency Project (TTP) found that Facebook and Instagram carried paid advertisements featuring child sexual abuse material this year, including AI-manipulated images of real children.
The investigation also found more than 300 advertisements featuring AI-generated child sexual abuse material on Meta’s platforms.
Business
Indian equities open higher defying weak global cues

Mumbai, Sep 15: Indian equity benchmarks opened higher on Tuesday despite global markets remaining under pressure amid elevated US bond yields and crude oil prices.
Sensex opened at 75,369.63, up 587.87 points or 0.79 per cent, while Nifty began trading at 23,576.15, higher by 178.05 points or 0.76 per cent. The gains were led by information technology stocks as Nifty IT index jumped more than 4 per cent, while the Nifty MidSmall IT & Telecom index rose nearly 2 per cent.
Other sectors, Nifty FMCG gained 0.72 per cent, while Nifty Auto rose 0.31 per cent. Media, energy and private banking indices were also marginally higher.
In contrast, Nifty Metal fell 0.58 per cent, while Nifty Financial Services Ex-Bank and Nifty MidSmall Financial Services declined 0.52 per cent and 0.5 per cent, respectively. Nifty Pharma fell 0.37 per cent, while cement, healthcare, consumer durables and realty indices also traded lower.
Among Nifty 50 stocks, Kotak Mahindra Bank, Grasim Industries, BEL, Shriram Finance and InterGlobe Aviation were top losers which declined between nearly 1 per cent and 1.67 per cent.
“Global equity markets will be under pressure from the US 10-year yield hitting the psychological 5 per cent mark. The macro scenario will continue to be under pressure from rising crude prices,” according to market experts.
The continuing boom in the initial public offering market and the outperformance of the broader market were also cited as positives for domestic equities, according to market experts.
On the Nifty’s technical outlook, the expert said the pullback from the 23,260-23,000 region suggested the index was attempting a swing higher after approaching oversold territory, they said.
“This mean reversion move could potentially aim for 23,720,” the experts said, while cautioning that failure to clear 23,515, or a direct fall below the 23,260-23,000 region, could bring the 22,600-21,800 range into focus.
Business
India‑UAE ties grow into a model for BRICS collaboration: Report

New Delhi, Sep 14: The United Arab Emirates (UAE) and India are broadening a strategic and economic partnership that serves as “an effective model of cooperation within BRICS,” a new report has said.
The partnership is built on a foundation of historic ties, shared interests and major projects that promote trade, investment and logistics connectivity between markets, the report from Gulf Today said.
“The growing UAE-India partnership, reflected in expanding trade, increasingly integrated logistics corridors and cooperation in investment and innovation, provides a practical model of the UAE’s role within BRICS,” the report said.
Further, the partnership also proves UAE’s commitment to exchanging expertise and perspectives and building more integrated and sustainable economic partnerships.
Bilateral trade reached $101.25 billion in FY26, marking the second consecutive year in which trade between the two countries exceeded $100 billion. The UAE and India have set a target to raise bilateral trade to $200 billion by 2032.
The partnership is being advanced through initiatives such as Bharat Mart, the Virtual Trade Corridor and cooperation under the India‑Middle East‑Europe Economic Corridor (IMEC).
“These initiatives are helping strengthen supply chain integration and create new routes for trade and investment flows between the two countries and global markets,” the report noted.
The UAE-India Comprehensive Economic Partnership Agreement (CEPA), operational since 2022 was hailed as the first agreement of its kind concluded by the UAE. The agreement has bolstered the flow of goods, services and investment and expanded opportunities for the private sector in both countries.
United Arab Emirates and China were the largest destinations within BRICS, together accounting for 88.50 per cent of India’s electronics exports to the grouping.
The number of Indian companies registered as active members of Dubai Chamber reached 85,841 by the end of June 2026 after 7,579 new Indian firms joined in the first half of the year, marking a year‑on‑year increase of 15 per cent, another report said.
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