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Paytm shares are set to remain in focus after the RBI cancelled Paytm Payments Bank’s licence, prompting its closure. The company expects no material impact due to the prior separation. While Bernstein flags concerns over regulatory tone, it retains a positive view, seeing limited business disruption and potential licensing opportunities ahead.
Global IT spending is surging due to Artificial Intelligence. India's IT sector sees a significant opportunity in managed services as companies shift focus to AI. However, traditional IT services firms face challenges as clients expect cost savings from AI adoption. India can benefit from AI infrastructure without building massive data centers locally.
Market expert Anand James suggests caution following recent volatility. He notes the Nifty needs to break above 24,140 for a confirmed upswing. IT stocks are oversold, but a short-term bounce is possible. James recommends a selective approach, prioritizing technical confirmation before making new investments in the coming week.
Five Nifty500 stocks fell over two percent below VWAP, signaling bearish sentiment and increased selling pressure, as closing prices dropped beneath volume weighted average trading levels on April twenty four.
The birthday post came after her husband, President Trump, spoke to reporters about her reaction to the shooting incident at the White House Correspondents' Dinner on Saturday night, April 25.
Five NSE F&O stocks, including Ultratech Cement and Infosys, recorded a sharp rise in futures open interest on April 24, with gains exceeding 8%. The increase indicates fresh position build-up or expansion of existing trades, signalling heightened market participation and possible directional moves in these counters.
IDFC First Bank reported modest profit growth for Q4 FY26, supported by strong loan and deposit expansion and improved asset quality. Margins eased slightly, while provisions declined steadily. Despite near-term pressures, management remains optimistic on deposit momentum, though the stock continues to underperform over longer timeframes.
Royal Challengers Bengaluru lock horns with Delhi Capitals tonight at the Arun Jaitley Stadium. We asked AI tools, such as ChatGPT, Google Gemini and Perplexity, to predict today's winner.
Five Nifty 500 stocks, including Adani Green Energy and Adani Energy Solutions, closed over 1.5% above their VWAP on April 24, signalling potential bullish momentum. According to StockEdge data, such moves indicate positive market sentiment as prices exceed volume-weighted averages, often tracked by traders for short-term trend confirmation.
Northern Japan experienced a magnitude 6.2 earthquake early Monday, but there are no reports of damage or injuries. The earthquake occurred near Sarabetsu, Hokkaido, at a depth of 81 kilometers. The Japan Meteorological Agency did not issue a tsunami warning.
Global oil prices surged nearly 2% as U.S.-Iran peace talks faltered, intensifying concerns over tight supply. Shipments through the vital Strait of Hormuz remain restricted, with analysts warning of potential price spikes to $150 per barrel if disruptions persist. Goldman Sachs has already revised its fourth-quarter forecasts upwards.
IMD said that while there may not be any significant change in maximum temperatures over Northwest India till 28 April, a gradual fall by 3-5°C is expected on 29 and 30 April.
Amba Auto Sales and Services' Rs 65 crore SME IPO opens Monday with zero grey market premium, indicating cautious investor sentiment. The company, an authorized dealer for Bajaj Auto and LG Electronics, plans to use IPO proceeds for working capital and expansion. Financials show steady growth, with revenue around Rs 242 crore in FY25.
The U.S. dollar strengthened as Middle East war hopes dimmed, pinning the Japanese yen near 160 ahead of the Bank of Japan's policy decision. Oil prices rose with the Strait of Hormuz remaining effectively closed, while investors await central bank meetings for insights into the war's economic impact and rate outlooks.
Gold prices dipped as a stronger dollar and escalating oil prices fueled inflation and higher interest rate concerns. Stalled U.S.-Iran peace talks are disrupting Middle East energy exports, impacting global markets. Investors are now keenly awaiting the U.S. Federal Reserve's interest rate decision this week, while gold premiums rose in India amid tight supplies.
India's top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectations. This downturn, exacerbated by a weak global economy and AI disruption, has led to a significant drop in the IT sector's valuation, wiping billions off its market cap.
