The Economic Times – Markets

The Economic Times – Markets

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India daily equities, indices, stocks to watch, and macro drivers.

Knowledge Realty Trust to Invest Rs 700 Cr to Build 1.4 Mn Sq Ft Office Space in Bengaluru
NewsMay 24, 2026

Knowledge Realty Trust to Invest Rs 700 Cr to Build 1.4 Mn Sq Ft Office Space in Bengaluru

Knowledge Realty Trust (KRT) announced a three‑year, roughly $84 million investment to develop 1.4 million sq ft of new office space in Bengaluru. The REIT, backed by Sattva Group and Blackstone, now manages 46.5 million sq ft across six cities with 92 % occupancy and a portfolio described...

By The Economic Times – Markets
IPO Calendar: 3 Companies Set to Launch Public Offers This Week; Check Details
NewsMay 24, 2026

IPO Calendar: 3 Companies Set to Launch Public Offers This Week; Check Details

India’s SME market is gearing up for a busy week as three jewelers and a fashion maker launch public offers. Yaashvi Jewellers aims to raise about ₹44 crore (~$5.3 million) at ₹83 per share, SMR Jewels targets ₹67 crore (~$8.1 million) with a fresh...

By The Economic Times – Markets
Patience Over Panic: Jeremy Grantham’s Investment Mantra for Modern Investors
NewsMay 24, 2026

Patience Over Panic: Jeremy Grantham’s Investment Mantra for Modern Investors

Jeremy Grantham warns that disciplined, patient investing beats hype‑driven trading in today’s volatile markets. He highlights that AI‑linked stocks and select Indian small‑caps are trading at stretched valuations, echoing past bubbles he identified. Grantham stresses buying cheap, avoiding leverage, and...

By The Economic Times – Markets
Nifty Stays Range-Bound as Resistance Near 23,800 Caps Upside Move
NewsMay 23, 2026

Nifty Stays Range-Bound as Resistance Near 23,800 Caps Upside Move

The Nifty 50 traded within a 542‑point range this week, testing a high of 23,859.90 before slipping to 23,317.10. Volatility eased as the India VIX fell 4.68% to 17.91, and the index closed with a modest 0.32% gain. Technical resistance...

By The Economic Times – Markets
US Stocks Today: Dow Soars 600 Pts, Nasdaq 1.5% as Chip Stocks Rally Eyeing Nvidia Results, Iran Peace Deal Hopes
NewsMay 20, 2026

US Stocks Today: Dow Soars 600 Pts, Nasdaq 1.5% as Chip Stocks Rally Eyeing Nvidia Results, Iran Peace Deal Hopes

Wall Street rebounded on Wednesday as the Dow jumped 600 points and the Nasdaq rose 1.5%, driven by a surge in chip and AI‑related stocks ahead of Nvidia’s earnings. The S&P 500 added 1.08% to close at 7,432.67, while the Philadelphia...

By The Economic Times – Markets
One-Year Forward Rupee Rate Breaches 100 per US Dollar Mark
NewsMay 20, 2026

One-Year Forward Rupee Rate Breaches 100 per US Dollar Mark

The Indian rupee’s one‑year forward contract broke the psychologically important 100‑rupee per dollar barrier, coinciding with a spot market low of Rs 96.96. The currency has slid about 7.7% this calendar year and roughly 13% year‑on‑year, driven by higher crude‑oil prices...

By The Economic Times – Markets
Commodity Radar: Aluminium Rally Gathers Pace as Middle East Tensions Squeeze Supplies. Is 45% One-Year Rally Sustainable?
NewsMay 19, 2026

Commodity Radar: Aluminium Rally Gathers Pace as Middle East Tensions Squeeze Supplies. Is 45% One-Year Rally Sustainable?

Aluminium prices have surged amid heightened Middle East tensions that have choked Persian Gulf shipping routes. On May 19, MCX futures rose 0.4% to Rs 382.85 per kg (about $4.60), while the LME posted a 2.2% monthly gain, pushing the one‑year rally...

By The Economic Times – Markets
India-UAE Energy Push Offers Relief, but Global Risks Still Loom: Arnab Das
NewsMay 18, 2026

India-UAE Energy Push Offers Relief, but Global Risks Still Loom: Arnab Das

Prime Minister Narendra Modi’s recent visit to the United Arab Emirates resulted in agreements on strategic petroleum reserves and long‑term LNG supplies, offering India short‑term relief from soaring energy costs and balance‑of‑payments pressure. Global‑market strategist Arnab Das cautioned that the...

By The Economic Times – Markets
Silver Prices Tumble Rs 35,000/Kg in Just 4 Days. Should Investors Buy This Dip?
NewsMay 18, 2026

Silver Prices Tumble Rs 35,000/Kg in Just 4 Days. Should Investors Buy This Dip?

India’s central government raised the import duty on gold and silver to 15% from 9%, sending MCX silver futures down ₹35,300 (about $425) in four trading sessions to ₹2.66 lakh per kilogram (≈ $3,200). The metal, which peaked at a record ₹4.39 lakh...

By The Economic Times – Markets
Kaynes Technology Shares Tumble 25% in 3 Days After Weak Q4; Elara Cuts Rating to ‘Accumulate’
NewsMay 18, 2026

Kaynes Technology Shares Tumble 25% in 3 Days After Weak Q4; Elara Cuts Rating to ‘Accumulate’

Kaynes Technology India Ltd saw its shares tumble roughly 25% over three trading sessions after the company posted a weaker‑than‑expected fourth‑quarter. Net profit slipped 22% year‑on‑year to Rs 91 crore, about $11 million, while revenue climbed 26% to Rs 1,243 crore (~$150 million). The decline prompted...

By The Economic Times – Markets
Should Petrol, Diesel Prices Go up by Rs 25 per Litre? Oil Companies Are Staring at Rs 1,380 Crore Daily...
NewsMay 18, 2026

Should Petrol, Diesel Prices Go up by Rs 25 per Litre? Oil Companies Are Staring at Rs 1,380 Crore Daily...

Indian oil‑marketing companies (IOCL, BPCL, HPCL) are losing roughly Rs 1,380 crore ($166 million) each day after a modest Rs 3 per litre price hike, still facing a Rs 25 per litre under‑recovery on blended fuels. Nomura estimates integrated margins are now negative – $19...

By The Economic Times – Markets
Nifty's 23,600 Line in the Sand: Why Missing This Level Could Pull the Index to 22,800
NewsMay 17, 2026

Nifty's 23,600 Line in the Sand: Why Missing This Level Could Pull the Index to 22,800

Geojit strategist Anand James flags the 23,600 level as a decisive pivot for the Nifty after a sharp profit‑booking rally. The index slipped more than 2% to find support near 23,260, and a break below 23,600 could open a path...

By The Economic Times – Markets
Sebi, CBDT Ease PAN Rules for Foreign Investors After Onboarding Concerns
NewsMay 15, 2026

Sebi, CBDT Ease PAN Rules for Foreign Investors After Onboarding Concerns

India’s securities regulator SEBI and the Central Board of Direct Taxes have relaxed several PAN‑related compliance requirements for foreign portfolio investors (FPIs). The changes follow stakeholder feedback on the Income‑tax Rules 2026, which introduced extra mandatory fields that proved difficult to...

By The Economic Times – Markets
Mahanadi Coalfields Gets Govt Nod for IPO; Coal India to Dilute up to 25% Stake
NewsMay 15, 2026

Mahanadi Coalfields Gets Govt Nod for IPO; Coal India to Dilute up to 25% Stake

The Indian government has cleared the proposal to list Mahanadi Coalfields Limited (MCL) via an IPO, allowing Coal India Limited (CIL) to dilute up to 25% of its stake. The approval enables CIL to sell shares through an offer‑for‑sale and...

By The Economic Times – Markets
Sebi Expands Permitted Use of Borrowings for Highly Leveraged InvITs
NewsMay 15, 2026

Sebi Expands Permitted Use of Borrowings for Highly Leveraged InvITs

The Securities and Exchange Board of India (Sebi) has broadened the permissible use of fresh borrowings for Infrastructure Investment Trusts (InvITs) whose net debt exceeds 49% of asset value. The regulator now allows such borrowings to fund capital expenditures, capacity...

By The Economic Times – Markets
Fed's Collins Says Rate Hikes May Be Needed to Quell Inflation
NewsMay 13, 2026

Fed's Collins Says Rate Hikes May Be Needed to Quell Inflation

Boston Fed President Susan Collins warned that the Federal Reserve may need to raise rates if inflation does not ease, though she sees that outcome as unlikely. She linked the inflation outlook to the duration of the Middle East conflict,...

By The Economic Times – Markets
Ahead of Market: 10 Things that Will Decide Stock Market Action on Thursday
NewsMay 13, 2026

Ahead of Market: 10 Things that Will Decide Stock Market Action on Thursday

India’s equity benchmarks halted a four‑day slide on Wednesday, with the Nifty nudging up 0.14% to 23,412.60 and the Sensex gaining 0.07% to 74,608.98. Gains were led by metal, energy and consumer stocks, while the India VIX slipped 3.9% to...

By The Economic Times – Markets
Gold Rises with US–China Talks, MidEast Conflict in Focus
NewsMay 12, 2026

Gold Rises with US–China Talks, MidEast Conflict in Focus

Gold prices edged higher on Tuesday, with spot gold reaching $4,757.59 an ounce and U.S. June futures climbing to $4,768.20. The rally was sparked by heightened attention on the upcoming U.S.–China summit and renewed tensions in the Middle East, which...

By The Economic Times – Markets
Bears Tighten Grip on D-Street as GIFT Nifty Points to Weak Opening
NewsMay 12, 2026

Bears Tighten Grip on D-Street as GIFT Nifty Points to Weak Opening

Indian equities slipped about 1.5% on Monday as the failure of U.S.-Iran peace talks rattled global sentiment. Foreign portfolio investors net bought roughly ₹8,437 crore (≈$1 bn) while domestic institutional investors added about ₹5,939 crore (≈$715 m). The India VIX surged 10% to 18.5,...

By The Economic Times – Markets
Oil Prices Rise as Fragile US-Iran Talks Sustain Supply Worries
NewsMay 12, 2026

Oil Prices Rise as Fragile US-Iran Talks Sustain Supply Worries

Oil prices nudged higher in early Asian trade as fragile U.S.-Iran cease‑fire talks kept supply worries alive. Brent crude rose 30 cents to $104.51 a barrel and WTI gained 31 cents to $98.38, after both benchmarks jumped nearly 2.8% the...

By The Economic Times – Markets
Oil Shock Rattles D-Street as Rupee Hits Record Low
NewsMay 12, 2026

Oil Shock Rattles D-Street as Rupee Hits Record Low

India’s equity markets slumped on Monday as Brent crude breached $104 per barrel, pushing the rupee to a record closing low of 95.31 per dollar. The Nifty 50 fell 1.5% to 23,815.85, breaking the 24,000 support, while the Sensex dropped 1.7%...

By The Economic Times – Markets
Investors Place Trust in REITs and InvITs Amid Lacklustre IPOs
NewsMay 12, 2026

Investors Place Trust in REITs and InvITs Amid Lacklustre IPOs

Indian REIT and InvIT IPOs attracted strong demand while traditional equity offerings stalled. The Blackstone‑backed Bagmane Prime Office REIT raised about ₹3,405 crore (~US$410 million) and was subscribed 23.71 times; Citius TransNet InvIT raised ₹1,105 crore (~US$133 million) at 11.64 times, with other trusts seeing 2.6‑7.3 times interest....

By The Economic Times – Markets
Bonus Issues, Stock Splits & Dividends: SBI Among 18 Stocks Turning Ex-Date This Week. Do You Own Any?
NewsMay 10, 2026

Bonus Issues, Stock Splits & Dividends: SBI Among 18 Stocks Turning Ex-Date This Week. Do You Own Any?

Eighteen Indian equities will hit ex‑date between May 11‑15, 2026 for dividends, bonus issues or stock splits, requiring shareholders to own the shares on the record date to qualify. State Bank of India announced a ₹17.35 per share dividend (≈$0.21) for...

By The Economic Times – Markets
Sensex to Hit 3 Lakh by 2036? Raamdeo Agrawal Says India Is the 'Ferrari' Among Markets, Here's Why
NewsMay 10, 2026

Sensex to Hit 3 Lakh by 2036? Raamdeo Agrawal Says India Is the 'Ferrari' Among Markets, Here's Why

Raamdeo Agrawal, chairman of Motilal Oswal Financial Services, reiterated his long‑term bullish view on India, likening the market to a Ferrari that can propel the Sensex to 3 lakh by 2036. He highlighted that roughly 20% of NSE 500 companies have delivered...

By The Economic Times – Markets
Buying a Commercial Rental Property for Income vs Investing in REITs
NewsMay 10, 2026

Buying a Commercial Rental Property for Income vs Investing in REITs

Direct ownership of commercial real estate has long been viewed as a reliable income source in India, but investors are increasingly turning to REITs for greater efficiency. The article contrasts the two approaches, noting that REITs require lower capital, offer...

By The Economic Times – Markets
Mcap of 4 of Top 10 Most Valued Firms Erodes by Rs 1 Lakh Cr; SBI Biggest Laggard
NewsMay 10, 2026

Mcap of 4 of Top 10 Most Valued Firms Erodes by Rs 1 Lakh Cr; SBI Biggest Laggard

The market capitalisation of four of India’s top‑10 firms shrank by roughly Rs 1 lakh crore (about $12 billion) last week, with State Bank of India bearing the brunt at a Rs 44,722 crore ($540 million) loss. Despite this erosion, the BSE Sensex climbed 414.69 points (0.53%)...

By The Economic Times – Markets
10 Smallcap Stocks Soaring up to 116% in FY27. Do You Own Them?
NewsMay 10, 2026

10 Smallcap Stocks Soaring up to 116% in FY27. Do You Own Them?

India's small‑cap segment has outperformed the broader market in FY27, with the BSE 250 SmallCap index up over 23% versus a 7.5% rise in the Sensex. Ten small‑cap stocks led the rally, delivering gains of 54%‑116% since April, highlighted by...

By The Economic Times – Markets
Market Trading Guide: Buy Coforge and NBCC on Monday for Near-Term Gains of up to 7%
NewsMay 10, 2026

Market Trading Guide: Buy Coforge and NBCC on Monday for Near-Term Gains of up to 7%

The Nifty closed sharply lower, slipping below the 24,200 level and the 50‑day EMA amid heightened US‑Iran tensions and rupee weakness. Technical analysts warn that the index could test the 24,050‑24,000 zone if it stays under 24,200, but a bounce...

By The Economic Times – Markets
Birla Corporation Q4 Results: Cons PAT Jumps 14% Despite Marginal Revenue Uptick; Rs 12.50/share Dividend Announced
NewsMay 9, 2026

Birla Corporation Q4 Results: Cons PAT Jumps 14% Despite Marginal Revenue Uptick; Rs 12.50/share Dividend Announced

Birla Corporation posted a 15% year‑on‑year rise in consolidated net profit to Rs 295 crore (≈ $35.5 million) in Q4 FY26, while revenue ticked up only 0.8% to Rs 2,836 crore (≈ $34.2 million). The board approved a dividend of Rs 12.50 per share (≈ $0.15), payable to over 7.7 million...

By The Economic Times – Markets
Ignore Market Noise, India’s Long-Term Story Intact, Say D-Street Bulls Ramesh Damani and Sunil Singhania
NewsMay 9, 2026

Ignore Market Noise, India’s Long-Term Story Intact, Say D-Street Bulls Ramesh Damani and Sunil Singhania

D‑Street veterans Ramesh Damani and Sunil Singhania told investors at the Groww India Investor Festival to ignore short‑term market turbulence and focus on India’s long‑term wealth‑creation story. They highlighted that foreign institutional investors have off‑loaded roughly $24.8 billion of equities in...

By The Economic Times – Markets
FIIs Sell over Rs 2 Lakh Crore Worth of Indian Equities in 2026. What Lies Ahead?
NewsMay 9, 2026

FIIs Sell over Rs 2 Lakh Crore Worth of Indian Equities in 2026. What Lies Ahead?

Foreign institutional investors have sold more than Rs 2 lakh crore (about $24 billion) of Indian equities in 2026, marking a third consecutive month of net outflows. The latest daily data showed FIIs dumped Rs 4,110.60 crore ($49 million) on Friday while domestic institutions bought Rs 6,748.13 crore, yet...

By The Economic Times – Markets
Zerodha’s Nithin Kamath Flags ULIP, Endowment Traps; Says Health Policies Remain Complex
NewsMay 9, 2026

Zerodha’s Nithin Kamath Flags ULIP, Endowment Traps; Says Health Policies Remain Complex

Nithin Kamath of Zerodha warned Indian investors that they continue to buy Unit‑Linked Insurance Plans (ULIPs) and traditional endowment policies despite widespread expert criticism. He emphasized that information is now readily available through online comparisons and AI tools, yet sales of...

By The Economic Times – Markets
Bitcoin Holds Near $80,000 After Rejection at $82,500; ETF Outflows Trigger Cautious Sentiment
NewsMay 9, 2026

Bitcoin Holds Near $80,000 After Rejection at $82,500; ETF Outflows Trigger Cautious Sentiment

Bitcoin hovered around $80,000 on Friday after failing to break the $82,500 resistance level, prompting traders to lock in gains. Spot Bitcoin ETFs in the United States logged a net outflow of $268 million, nudging sentiment toward caution. Ethereum rose modestly...

By The Economic Times – Markets
$100 Crude & 95 Rupee: Why Arvind Kothari Is Still Buying These 5 Emerging Themes Despite the War
NewsMay 9, 2026

$100 Crude & 95 Rupee: Why Arvind Kothari Is Still Buying These 5 Emerging Themes Despite the War

Arvind Kothari of Niveshaay is doubling down on five emerging themes despite $100 crude and a rupee near 95 per dollar. He argues that geopolitical stress creates structural demand for electrification, energy security, data centres, electronics manufacturing services, and aerospace...

By The Economic Times – Markets
Explained: What Is the New ‘NACHO’ Trade, and How Is It Different From ‘TACO’
NewsMay 8, 2026

Explained: What Is the New ‘NACHO’ Trade, and How Is It Different From ‘TACO’

Wall Street has shifted its meme‑driven shorthand from “TACO” to “NACHO,” standing for “Not A Chance Hormuz Opens.” The new term emerged in late April as the Strait of Hormuz remains blocked, throttling more than 20% of daily global oil...

By The Economic Times – Markets
Kalyan Jewellers Q4 Results: Cons PAT Soars 118% YoY to Rs 409 Crore; Revenue Jumps 66%
NewsMay 8, 2026

Kalyan Jewellers Q4 Results: Cons PAT Soars 118% YoY to Rs 409 Crore; Revenue Jumps 66%

Kalyan Jewellers India posted a net profit of ₹409.5 crore (≈$49 million) in Q4 FY26, a 118% YoY increase. Revenue surged 66% to ₹10,274.9 crore (≈$1.24 billion), while EBITDA rose 84% to ₹735.7 crore, lifting the margin to 7.2%. International operations grew 43% to ₹1,157 crore...

By The Economic Times – Markets
SBI Shares Plunge 7% After Q4 Operating Profit Falls 16% YoY, NIMs Contract 21 Bps
NewsMay 8, 2026

SBI Shares Plunge 7% After Q4 Operating Profit Falls 16% YoY, NIMs Contract 21 Bps

State Bank of India (SBI) reported a 16% YoY drop in Q4 operating profit to ₹27,704 crore (≈$3.3 bn) and a 21‑basis‑point contraction in net interest margin (NIM) to 2.93%, triggering a 7% share decline to ₹1,017.10. Despite the quarter’s weakness, the...

By The Economic Times – Markets
Midcaps Outperform Nifty, Smallcap Stocks in Q4, Deliver 29% Earnings Growth: Motilal Oswal
NewsMay 8, 2026

Midcaps Outperform Nifty, Smallcap Stocks in Q4, Deliver 29% Earnings Growth: Motilal Oswal

Mid‑cap companies led India’s Q4 FY26 earnings season, posting a 29% year‑on‑year profit surge that outpaced Motilal Oswal’s 22% forecast and eclipsed large‑cap growth of 14%. The gains were anchored by BFSI, technology, utilities, real estate and oil‑&‑gas sectors, which together...

By The Economic Times – Markets
AI Market Crash Coming Soon? Billionaire Investor Paul Tudor Jones Says the Bulls Have Another Two Years
NewsMay 8, 2026

AI Market Crash Coming Soon? Billionaire Investor Paul Tudor Jones Says the Bulls Have Another Two Years

Wall Street rallied on AMD earnings, pushing AI‑related stocks to fresh highs. Billionaire macro trader Paul Tudor Jones said the AI bull market is 50‑60% complete and could run another one to two years before a steep correction similar to the...

By The Economic Times – Markets
SBI Q4 Results: Standalone Profit Rises 6% YoY to Rs 19,684 Crore, Beats Estimates
NewsMay 8, 2026

SBI Q4 Results: Standalone Profit Rises 6% YoY to Rs 19,684 Crore, Beats Estimates

State Bank of India (SBI) posted a standalone Q4 net profit of Rs 19,684 crore ($2.37 billion), up 6% YoY and ahead of the consensus estimate of Rs 18,898 crore ($2.28 billion). Net interest income rose 4% to Rs 44,380 crore ($5.35 billion), while operating profit fell 11% to...

By The Economic Times – Markets
Dollar on Defensive as Markets Hope for Best on Middle East
NewsMay 7, 2026

Dollar on Defensive as Markets Hope for Best on Middle East

The U.S. dollar slipped as optimism over a de‑escalation between Iran and the United States buoyed oil‑linked currencies. Brent crude edged up 0.8% after analysts warned the Strait of Hormuz could remain closed, while the euro firmed to $1.1757 and...

By The Economic Times – Markets
Market Trading Guide: Buy Anant Taj, RBL Bank, 6 More Stocks on Wednesday for Gains up to 16%
NewsMay 5, 2026

Market Trading Guide: Buy Anant Taj, RBL Bank, 6 More Stocks on Wednesday for Gains up to 16%

The Economic Times’ market guide flags eight Indian equities for a 2‑3‑week swing trade, offering upside ranging from 5% to 17% despite a bearish Nifty that has lingered below its 50‑day EMA for eight sessions. Analysts cite higher‑low formations on...

By The Economic Times – Markets
NSE Announces Rs 35 per Share Dividend, Includes Rs 10 Special Payout
NewsMay 5, 2026

NSE Announces Rs 35 per Share Dividend, Includes Rs 10 Special Payout

The National Stock Exchange of India (NSE) declared a final dividend of Rs 35 per share (about $0.42), which includes a one‑time Rs 10 special payout (~$0.12). For Q4 FY26, NSE posted a consolidated net profit of Rs 2,871 crore (~$345 million), up 8% year‑on‑year,...

By The Economic Times – Markets
Poonawalla Fincorp Q4 Results: Profit Jumps 70% QoQ to Rs 255 Crore
NewsMay 5, 2026

Poonawalla Fincorp Q4 Results: Profit Jumps 70% QoQ to Rs 255 Crore

Indian non‑bank lender Poonawalla Fincorp posted a Q4 profit after tax of Rs 255 crore (~$31 million), a 70% sequential rise from the December quarter. The company raised Rs 2,500 crore (~$300 million) through a qualified institutional placement, lifting its capital adequacy ratio to an expected...

By The Economic Times – Markets
NSE Q4 Results: Cons PAT Grows 8% YoY to Rs 2,871 Crore, Revenue Jumps 32%; Rs 35 per Share Dividend...
NewsMay 5, 2026

NSE Q4 Results: Cons PAT Grows 8% YoY to Rs 2,871 Crore, Revenue Jumps 32%; Rs 35 per Share Dividend...

India’s National Stock Exchange (NSE) posted Q4 FY26 consolidated net profit of Rs 2,871 crore (~$346 million), an 8% YoY rise, while revenue surged 32% to Rs 4,968 crore (~$599 million). Sequentially, PAT climbed 19% to Rs 2,409 crore and EBITDA rose 27% to Rs 3,633 crore. The board proposed...

By The Economic Times – Markets
CSB Bank Cautious on Gold Loans, Focuses on Wholesale Business, Says MD Pralay Mondal
NewsMay 5, 2026

CSB Bank Cautious on Gold Loans, Focuses on Wholesale Business, Says MD Pralay Mondal

CSB Bank, backed by billionaire Prem Watsa, is pulling back on gold‑loan growth after a sharp correction in gold prices and an RBI‑mandated pause on its re‑pledger book, which trimmed its gold‑loan share from over 50% to a lower level. The...

By The Economic Times – Markets
Oil Jumps by 5% After Report of US Warship Being Hit by Missiles
NewsMay 4, 2026

Oil Jumps by 5% After Report of US Warship Being Hit by Missiles

Oil prices surged about 5% on Monday after Iran’s Fars news agency reported that a U.S. warship was hit by missiles in the Strait of Hormuz. Brent futures climbed to $113.69 a barrel and WTI to $107.04, reversing Friday’s losses....

By The Economic Times – Markets
Rupee Sinks to Fresh Closing Low of 95.08 Against USD on NDF Maturities, Firm Crude
NewsMay 4, 2026

Rupee Sinks to Fresh Closing Low of 95.08 Against USD on NDF Maturities, Firm Crude

The Indian rupee fell to a fresh closing low of 95.0875 per U.S. dollar, its weakest on record, as maturing non‑deliverable forward (NDF) contracts and rising oil prices weighed on the currency. The decline of 0.18% came amid heightened dollar...

By The Economic Times – Markets
Temasek Arm Backs Milky Mist Ahead of IPO as Part of Rs 482 Crore Pre-Listing Round
NewsMay 4, 2026

Temasek Arm Backs Milky Mist Ahead of IPO as Part of Rs 482 Crore Pre-Listing Round

Indian dairy brand Milky Mist secured roughly $58 million in a pre‑IPO financing led by Jongsong Investments, a Temasek subsidiary. The round comprised a primary infusion of about $43 million via equity and convertible preference shares and a secondary sale raising $15 million...

By The Economic Times – Markets