Sensex and Nifty Slide as IT Heavyweights Infosys, TCS and Tech Mahindra Weigh

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Indian benchmark indices, the Sensex and Nifty, came under pressure in today's trading session. Infosys, Tech Mahindra and Tata Consultancy Services emerged as the biggest drags on the markets. The source article outlines four key reasons behind the decline, though the provided text covers only the stock-level impact. The sell-off highlights the outsized influence of large IT companies on the broader market's direction. Further details on the specific causes would be needed to fully explain the fall.

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Cyclone Arnab Hits Andhra Pradesh Coast, Causing Deaths, Flooding and Flight Disruptions

Cyclone Arnab made landfall on the Andhra Pradesh coast, and separate electrocution incidents have resulted in fatalities. Several districts received more than 200 mm of rain, which uprooted trees and electric poles. Flights were cancelled or suspended at airports along the coastal region of Andhra Pradesh. Chief Minister N Chandrababu Naidu has ordered officials to restore normal conditions and deliver relief to the affected areas.

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Over 1 lakh evacuated as Cyclone Arnab hits Andhra Pradesh; Odisha braces for rain

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IndiaIndian Express ·

Zeeshan Siddique named Mumbai NCP chief, tasked with expanding the party's reach

Zeeshan Siddique has been appointed the new Mumbai chief of the Nationalist Congress Party (NCP). Described as an outsider to the party's established ranks, he has been given the job of broadening the NCP's presence in the city. The appointment signals an effort by the party to strengthen its organisation in Mumbai. Further details on the timing and reasoning behind the move were not included in the source material provided.