4242 articles
Banking stocks dragged the Nifty Bank index lower by nearly 440 points amid weakness in heavyweight lenders like HDFC Bank and Axis Bank. Broader market pressure from rising oil prices and FII outflows weighed on sentiment, while analysts flagged key support and resistance levels for the index in the near term.
Shakti Pumps saw revenue climb significantly. However, costs rose sharply, impacting profits. Earnings per share dropped considerably. Despite this, the board proposed a dividend. The company's stock has fallen over the past year. Institutional investors have reduced their holdings, indicating a cautious market sentiment.
Jefferies said the leadership uncertainty at HDFC Bank has become a major overhang for the banking sector, dragging benchmark valuations despite strong fundamentals. The brokerage believes clarity on the bank’s management succession, along with easing West Asia tensions, could trigger a recovery in sector earnings and valuations.
HFCL shares saw a 2% dip after a significant 92% surge in a month which prompted profit booking. Despite this, the stock has rallied nearly 147% year-to-date. Analysts at Geojit maintain a 'Buy' rating with a target of Rs 150, citing a strong order book, defense sector expansion, and favorable long-term fiber demand outlook.
Adani Group's significant investment in green-powered data centers is driving substantial gains in its energy units, positioning them as key AI infrastructure plays in India. The conglomerate's ambitious plans to develop AI-ready data centers, coupled with India's surging electricity demand, have propelled Adani's energy stocks to outperform the market.

Indian investors are increasingly shifting money overseas in search of diversification amid weaker domestic market returns, persistent foreign fund outflows, and a record-low rupee. Overseas investments in equities and debt rose 60% year-on-year to over $2.2 billion in the 11 months through February.
Market veterans warn investors may be underestimating the long-term economic fallout from the Middle East energy crisis. While AI spending and US economic resilience fuel optimism, falling oil reserves and tightening supplies could lead to shortages and a significant global GDP contraction. Rising shipping costs and insurance premiums further exacerbate these concerns.
BSE shares dipped despite a strong March quarter performance, with net profit soaring 61% YoY to Rs 797 crore and revenue jumping 85% to Rs 1,564 crore. Analysts remain divided, with Nuvama maintaining a 'Buy' rating and Jefferies a 'Hold', citing varying growth prospects and risks.
India's earnings season reveals a steady, albeit unspectacular, recovery. FMCG sees rural demand lift, but growth remains modest. PSU banks boast clean balance sheets, yet face quiet pressure on net interest margins. Power and EMS sectors have strong demand, but margin sustainability hinges on raw material costs and rising competition.

Indian government bonds experienced a decline today. This happened as oil prices increased due to renewed conflict between the U.S. and Iran. Investors are also watching a new 10-year bond auction. Higher oil prices could impact India's inflation and economy. The market awaits the auction results for further direction.
Bitcoin has dipped below the $80,000 mark. This pullback follows a strong rally and is influenced by rising geopolitical tensions. Investors are booking profits, and leveraged positions are being liquidated. Despite this, spot Bitcoin ETFs continue to see significant inflows, indicating ongoing institutional interest. The market is navigating a consolidation phase, with attention shifting to economic data.

Pakistan's ISI allegedly plotted attacks on a historic temple in Delhi, a popular dhaba, and a military camp in Haryana, using operatives from the Shahzad Bhatti module. Nine suspects were arrested, revealing plans for shootings and grenade attacks to create panic and casualties.
Wall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US economy are fueling this concern. This could mean higher borrowing costs for everyone. Markets are also reassessing the US Federal Reserve's next moves. The situation demands close attention as it impacts global financial markets.
Sonata Software shares surged nearly 10% after the company reported a 21% rise in Q4 FY26 net profit, despite a decline in revenue. Strong EBITDA growth and deal wins supported sentiment, while the firm announced a final dividend. Segment performance remained steady, with gains in both international and domestic businesses.
Thermax shares experienced a significant jump, reaching a new 52-week high. This surge followed the company's strong Q4FY26 financial results. Robust revenue growth and a substantial increase in order inflows were key drivers. Investors also reacted positively to attractive dividend recommendations, including a special payout for the company's 60th anniversary. The company's order book shows strong future visibility.
A leading chart analyst predicts Indian stocks will reach new heights by late 2026. This optimistic outlook hinges on a significant drop in crude oil prices. Falling oil is expected to reduce inflation and geopolitical risks, boosting markets. Key sectors like Capital Goods and Realty are highlighted for potential gains, while FMCG is advised against.
New York Fed President John Williams said demand for U.S. Treasury debt remains strong despite high federal borrowing, citing continued global confidence in the U.S. economy as a safe and liquid investment destination amid geopolitical uncertainty.

Turkish travel vlogger Ruhi Cenet has shared details of a deadly hantavirus outbreak aboard the expedition cruise ship MV Hondius, where 3 passengers died and several others fell ill during a 36-day voyage. The vessel later entered quarantine as health authorities monitored the spread of the virus.
Major investment firms Blackstone and BlackRock saw their private credit portfolios shrink. Troubled loans, especially from software firms impacted by artificial intelligence, caused this decline. Investor scrutiny of business development companies is increasing. This trend affects technology and software borrowers. The situation highlights challenges in the private lending market.
