Sensex jumped nearly 600 points in early trade on Thursday, while Nifty snapped a seven-session losing streak, rising 0.54%. A recovery in Asian stocks, easing US bond yields, buying by foreign institutional investors and inflows into IT stocks contributed to the gains. The Indian rupee also opened stronger against the US dollar, improving investor sentiment.
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India VIX also eased
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Pakistan rattled as US ambassador admits J&K is an important part of India; issues long statement
Pakistan was rattled after US Ambassador to India Sergio Gor said Jammu and Kashmir is an important part of India. In a long statement, Pakistan summoned top US diplomat to lodge a protest. Gor, who said this during his visit to Kashmir, added that he would urge the US administration to reconsider the travel advisory for J&K.
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Gor also met J&K CM Omar Abdullah
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India win 8-goal thriller against Pakistan, knock them out of Hockey World Cup
India defeated Pakistan 5-3 in an eight-goal thriller in Men's Hockey World Cup 2026 in Amstelveen on Wednesday, sealing their place in the second round. The victory took India to six points from three Pool D matches and knocked Pakistan out of title race. The victory also extended India’s unbeaten run against Pakistan to 20 matches.
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Harmanpreet, Abhishek scored 2 goals each
Hardik Singh also scored a goal
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US firms' personalised cancer vaccine meets key goals in trial, their shares rise 90%
US-based Moderna and Merck's shares rose by as much as 90% on Wednesday after their experimental personalised cancer vaccine met key goals in a large late-stage trial. The vaccine improved recurrence-free survival in 1,137 patients with high-risk Stage IIB-IV melanoma whose tumours had been completely removed via surgery. Moderna's shares rose 91% to hit $120.26, while Merck's shares jumped 9%.
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Vaccine cut risk of cancer spreading in body
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Gold prices cool down in India after rising ₹1,800 in a single day
The price of gold cooled down in India as it fell by ₹300 per 10 grams on Wednesday, closing at ₹1,53,868 per 10 grams, as per IBJA data. Gold prices had jumped by ₹1,804 to a high of ₹1,54,167 per 10 grams on Monday before declining again. Silver fell to ₹2,29,225 per kilogram on Wednesday, its lowest since August 7.