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Asian stocks advanced, buoyed by continued optimism in the AI sector, even as US-Iran peace talks faltered. Oil prices climbed, with West Texas Intermediate holding above $98 a barrel. Higher oil prices contributed to rising Treasury yields, as investors priced out Fed rate cuts this year.
Iran-US Stalemate LIVE: Catch LIVE updates as Iran and the US are back at rejecting peace proposals, triggering massive market movements and uncertainty for future
Oil prices edged up in early Asian trade as fragile U.S.-Iran negotiations highlighted supply concerns, with Tehran's response revealing significant differences. Disruptions through the Strait of Hormuz and OPEC's reduced output further fueled price stability above $100, while U.S. SPR loans and sanctions on Iranian oil shipments aimed to temper the market.
Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.
The rupee hit a new closing low and equities slumped as oil prices surged past $100 a barrel. This was driven by Donald Trump's rejection of Iran's peace plan and PM Modi's call for austerity to conserve foreign exchange reserves and curb fuel consumption amid ongoing Gulf war concerns.
REIT and InvIT issuances are attracting significant investor interest, outperforming traditional IPOs amid equity market volatility. These trusts offer stable, annuity-like income from operational assets, providing predictable cash flows and attractive returns, making them a preferred choice for investors seeking resilience and steady income.
Gold jewellery stocks plummeted after Prime Minister Modi urged citizens to avoid gold purchases for a year to conserve foreign exchange. While this impacted investor sentiment and the near-term outlook, analysts believe underlying consumption trends, especially for weddings and organized players, remain strong for the long term.
BofA Securities India has settled a case with Sebi for alleged insider trading violations by paying ₹58.5 lakh. The market regulator had issued a show cause notice last year, alleging the merchant banker failed to maintain a structural digital database (SDD) as required by insider trading norms. This settlement resolves the adjudication proceedings initiated by Sebi.
President Trump is bringing over a dozen top American CEOs to Beijing, including Elon Musk, Tim Cook and Larry Fink, for a high-stakes summit with China's Xi Jinping covering trade, AI and geopolitical tensions. See the full list.
Canara Bank's net profit saw a 10% dip to ₹4,506 crore in the March quarter, primarily due to treasury losses triggered by rising sovereign bond yields. Despite this, the bank's asset quality improved, and its full fiscal year net profit increased by 12.7% to ₹19,187 crore.
The former FBI profiler revealed that the evidence shows the suspect showed panic and inexperience during the incident as he described him as someone who just barged through the crime rather than executing it carefully.
Sebi has proposed allowing depositories to use up to 5% of their investor protection fund (IPF) income for administrative and statutory expenses. This move aims to align IPF trust operations with existing stock exchange frameworks. The IPF corpus for NSDL and CDSL stood at ₹87.78 crore and ₹95.18 crore respectively as of March 31, 2026.
Leading investors like Peak XV Partners and Sequoia are set to sell a portion of their stakes in digital brokerage Groww through a ₹4,750-crore block deal. This stake sale, involving nearly 4.3% of the company's equity, follows the expiry of Groww's six-month post-IPO shareholder lock-in period.
South Korean chipmakers Samsung and SK Hynix collectively posted record profits of $59.7 billion in the March 2026 quarter, surpassing India Inc's aggregate profit for any previous quarter. This surge is driven by booming AI capital expenditure, with memory chips being central to the technology.
India's market regulator, Sebi, is proposing changes to speed up fundraising for alternative investment funds. A new 'green channel' will allow certain schemes to launch immediately. The waiting period for regular AIF schemes will be reduced. Accredited investors and angel funds will see greater flexibility, with direct filings replacing merchant banker involvement.
Arcadia Mayor Eileen Wang has agreed to plead guilty to acting as an unregistered foreign agent for China, admitting she published pro-Beijing propaganda through a local news website under direct orders from Chinese government officials.
Fifteen US citizens exposed to hantavirus on the Hondius cruise ship are under observation at the National Quarantine Unit in Omaha, Nebraska, but their accommodations are closer to ship’s cabins than cold hospital rooms.
US stocks closed slightly higher as AI-driven momentum lifted semiconductor shares, even as rising crude prices and stalled US-Iran talks kept inflation worries alive. Strong earnings supported sentiment, with over 80% S&P 500 firms beating estimates. Focus now shifts to US inflation data and key macroeconomic indicators this week.
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