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NSE:MGL 17 November 2025

Mumbai CNG Crisis (Nov 17, 2025): RCF–Wadala pipeline damage shuts 486 pumps; autos & taxis off roads as MGL, GAIL race to restore supply

Mumbai CNG Crisis (Nov 17, 2025): RCF–Wadala pipeline damage shuts 486 pumps; autos & taxis off roads as MGL, GAIL race to restore supply

A damaged GAIL pipeline inside the RCF Chembur compound cut gas flow to MGL’s Wadala City Gate Station on Sunday, shutting all 486 CNG stations across Mumbai, Thane, and Navi Mumbai. Over 300,000 autos, taxis, and buses were affected, leaving commuters stranded and buses overcrowded on Monday. MGL maintained piped gas to homes while repairs continued, with restoration expected by Tuesday.
17 November 2025
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Stock Market Today

  • US Stock Market Crash: Nasdaq Plunges 4% Amid Strong Jobs Report and Fed Rate Hike Fears
    June 6, 2026, 7:07 PM EDT. The US stock market fell sharply Friday, with the Nasdaq Composite dropping over 4%-its worst day since April 2025-driven by disappointing tech earnings and a stronger-than-expected US jobs report. Employers added 172,000 jobs in May, more than double estimates, raising concerns the Federal Reserve may maintain or increase interest rates to curb inflation. Nvidia and Broadcom shares plunged over 6% and 8%, respectively, amid fears of slowing AI demand. The Dow Jones and S&P 500 also declined, by 1.4% and nearly 3%. Treasury yields surged to 15-month highs, reflecting rate hike expectations. Bitcoin and Ether prices dropped sharply, mirroring equity market weakness. Investors now increasingly anticipate a Fed rate hike by late October as inflation pressures persist.

Latest articles

UiPath Stock Set for Inflation Test After Swings in AI-Driven Trading

UiPath Stock Set for Inflation Test After Swings in AI-Driven Trading

7 June 2026
UiPath shares fell 3.68% to $11.24 Friday, wiping out Monday’s 11.77% rally despite reporting 17% revenue growth and its first-ever first-quarter GAAP profit, as a broader tech selloff and persistent analyst “Hold” ratings outweighed strong guidance and new customer wins.
Caterpillar flat at end of strong week, inflation on radar

Caterpillar flat at end of strong week, inflation on radar

7 June 2026
Caterpillar tumbled 3.85% Friday to $904.28 after hitting a 52-week high, as a strong jobs report sent Treasury yields soaring and triggered a broad market selloff; despite the drop, Caterpillar remains up 3.2% for the week, with investors now weighing its record backlog and first-quarter growth against rising rate risks and a more cautious market.
Nuclear decision gives Constellation boost, but CEG stock slides

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7 June 2026
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Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

7 June 2026
Strategy’s surprise sale of 32 Bitcoin for $2.5 million to fund preferred stock distributions rattled investors, raising fears it may sell more to meet obligations, as Bitcoin and Ether posted their worst weekly losses since 2022 and crypto-linked stocks like Coinbase and Robinhood plunged up to 11% amid a $390 billion market wipeout.
Bitcoin Hits $60,000 As Crypto Selloff Deepens

Bitcoin Drops as ETF Outflows Mount, $60,000 Support Weakens

7 June 2026
Bitcoin plunged below $60,000 for the first time since October 2024, triggering $4.4 billion in spot ETF outflows and a rare bitcoin sale by Strategy, while crypto-linked stocks tumbled and analysts warned that further drops below $59,750 could spark more selling pressure or a deeper slide.
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