Nifty Holds 24,000; 23,700 Key Support as Akshay Bhagwat Bets on Power Grid, Adani Ports
The Nifty 50 index has held above the 24,000 level, with key support at 23,700 and resistance between 24,300 and 24,500 as volatility eases. JM Financial’s Akshay Bhagwat highlighted Power Grid as a breakout candidate, targeting INR 315‑320 (≈ $3.80‑$3.85) with a stop at INR 294. He also recommended Jubilant FoodWorks on support near INR 410 (≈ $4.95) and Adani Ports aiming for INR 1,580‑1,600 (≈ $19.0) backed by strong derivative flow. In realty, Oberoi Realty shows medium‑term upside to INR 1,850‑1,900 (≈ $22.5) but the sector’s recent rally is viewed as a short‑term rebound.
UltraTech Cement, HPCL Among 5 Stocks Emkay Adds to Model Portfolio; Upside Seen at 118%
Emkay Global Financial Services added five stocks to its model portfolio, highlighting UltraTech Cement, Hindustan Petroleum, Deepak Nitrite, Delhivery and Aditya Birla Real Estate. The brokerage projects oil prices stabilising at $75‑$80 per barrel and the Nifty 50 reaching 29,000 by...
Fed Will Need to Explain Why Current Inflation Jump Differs From 2022 Surge
The U.S. consumer price index jumped 0.9% in March, the fastest monthly rise since the 2022 inflation surge, pushing annual headline inflation above 11%. Unlike the 2022 spike, the current increase is driven largely by higher energy costs linked to...
Ackman's $64 Billion Universal Bet Hinges on Power Broker Bollore
Bill Ackman's $64 billion unsolicited bid for Universal Music Group hinges on French billionaire Vincent Bolloré, who controls just under 32% of the label through direct shares and Vivendi holdings. Bolloré’s consent is essential; without it the transaction cannot close. His group’s...
Ceasefire Sends Dollar Toward Weekly Drop with US-Iran Talks in Focus
The U.S. dollar slipped on Friday, positioning it for its largest weekly decline since January as investors unwound safe‑haven bets following a fragile cease‑fire in the Gulf. The euro rose 1.8% and the pound 2% against the dollar, while the...
Copper Claws Higher to Three-Week Peak as Investors Balance Iran with Chinese Demand
Copper prices on the London Metal Exchange rose to $12,845 a metric ton, the highest level since March 17, as investors weighed stronger demand in China against a fragile cease‑fire in the Iran conflict. The benchmark three‑month contract gained 0.6%...
FIIs Cut Stakes in These 9 Stocks in March Quarter. Do You Own Any?
Foreign institutional investors trimmed stakes in nine Nifty 500 stocks during Q4 2026, each falling more than 100 basis points quarter‑on‑quarter. The steepest drops were at Eternal, down to 32.61%, and HDFC Bank, slipping to 44.05%. Other affected names include Vijaya Diagnostic, Emmvee...
US Stocks Today: US Stocks End Higher as Middle East Peace Talks Lift Sentiment
U.S. equities closed higher on Thursday as emerging peace talks in the Middle East eased concerns over the fragile U.S.–Iran truce. The S&P 500, Nasdaq and Dow all posted gains, with the S&P 500 reclaiming its 100‑day and 200‑day moving...
Ahead of Market: 10 Things that Will Decide Stock Market Action on Friday
India's Nifty 50 slipped to 23,775.10, down 0.93%, as financial, auto and FMCG stocks sold off, pushing the India VIX to 20.43. Analysts flag strong resistance near 24,000 and support around 23,500, suggesting a breakout could spark a short‑cover rally toward...
Market Trading Guide: Buy Hindalco and Waaree Energies on Friday for Near Term Gains up to 8%
The Nifty index slipped below the 24,000 mark, snapping a five‑session winning streak as financial, auto and FMCG stocks sold off. Technical analysts recommend buying Hindalco Industries at around ₹985.65 (≈ $12) with a 7% upside target of ₹1,057 (≈ $12.7). A...
F&O Watch: BSE Gets Sebi Nod to Launch BSE Focused IT Index Derivatives
India’s securities regulator SEBI has cleared the Bombay Stock Exchange to launch futures and options on its newly created BSE Focused IT Index. The index, comprising 14 BSE‑500 IT companies, has posted a –24% return from January to March 2026,...
Adani Energy Solutions, Titan Company Among 10 Stocks that Hit 52-Week High; Rally up to 15% in a Month
The BSE 500 index saw ten stocks reach 52‑week highs as the Sensex surged to 77,562 points. Leading the list, Godawari Power posted a 15% rise, while Adani Energy Solutions and Titan Company climbed about 8% and 6% respectively, with current...
US Stock Index Futures Climb over 2% on Relief From US-Iran Ceasefire
U.S. and Iran announced a two‑week cease‑fire, prompting Wall Street futures to jump more than 2% across the board. Crude oil prices slumped 13.7% to about $94 a barrel as traders anticipate resumed flow through the Strait of Hormuz. Energy...
Rupee Likely to Stabilise at 92-93 Level: EAC-PM Chairman
The Economic Advisory Council to the Prime Minister said the Indian rupee is likely to settle between 92 and 93 per U.S. dollar after recent volatility from global tensions and foreign institutional investor outflows. A temporary cease‑fire between the United...
US Fed's Austan Goolsbee, Beth Hammack Say Inflation Is Flashing 'Orange' Or Worse
Federal Reserve officials Austan Goolsbee and Beth Hammack warned that inflation remains the dominant risk, rating it at least orange and possibly moving toward red amid rising energy costs and lingering tariff effects. They both emphasized the need for tighter...
NY Fed Says March Supply Chain Pressures Highest Since Start of 2023
The New York Federal Reserve’s Global Supply Chain Pressure Index rose to 0.68 in March, up from 0.54 in February, marking the highest level since early 2023. The increase follows a peak of 4.49 in December 2021, but remains well...
US Stocks: National Healthcare Properties Moves Closer to Public Markets with US IPO Filing
National Healthcare Properties filed a confidential U.S. IPO prospectus, positioning the senior‑housing and healthcare REIT for a Nasdaq debut under the ticker NHP. The filing follows the $966 million Janus Living IPO and reflects a broader resurgence of REIT offerings amid...
Wells Fargo Investment Institute Downgrades Energy Sector to 'Unfavorable' On Limited War Premium
Wells Fargo Investment Institute (WFII) downgraded the S&P 500 energy sector to "unfavorable," arguing that the war‑driven oil‑price premium is likely short‑lived. The sector has outperformed, gaining more than 6% since the Middle East conflict began, the strongest among S&P sectors....
11 IPO Stocks to See Lock-In Expiry Worth Rs 2,378 Crore in Next Two Months. Do You Own Any?
Axis Securities flagged a cumulative Rs 2,378 crore (≈$286 million) of anchor‑investor shares slated to unlock across 11 recent IPOs in April and May 2026. The lock‑in expiries are clustered, with five events in April—including a $48 million unlock for Shadowfax Technologies on April 22—and...
HDFC Bank Q4 Business Update: Lender Reports 15% YoY Growth in Deposits, Advances Jump 12%
HDFC Bank, India’s largest private lender, posted a robust Q4 2026 update, with advances under management climbing to about Rs 30.58 lakh crore (≈ $368 billion), a 12% year‑over‑year increase. Total deposits surged 14.4% to Rs 31.06 lakh crore (≈ $374 billion), driven by strong growth in both CASA (up 12.3%)...
Selling by Bitcoin ‘Whales’ Blunts Institutional Demand
Bitcoin’s price hovered around $67,000, roughly 45% below its October peak, as institutional buying grew but was eclipsed by retail and whale selling. CryptoQuant reported a negative apparent demand of about 63,000 tokens and a net contraction of 166,000 tokens...
Sobha Q4 Biz Update: Sales Rise 11% YoY to Rs 2,039 Crore as Company Closes FY26 with Record Figures
Sobha Ltd reported Q4 sales of Rs 2,039 crore (≈US$245 million), an 11% year‑on‑year increase, driven by strong demand in Bangalore and the NCR. The average price per square foot rose to Rs 15,268 (≈US$184), up from Rs 11,781 a year earlier. For the full...
Quote of the Day by Warren Buffett: “Be Fearful when Others Are Greedy and Greedy when Others Are Fearful”
Investor Warren Buffett’s timeless maxim—“be fearful when others are greedy and greedy when others are fearful”—encapsulates contrarian market thinking. The quote underscores how collective emotions drive prices away from intrinsic values, creating cycles of overvaluation and discount. Buffett advises disciplined...
Suryoday SFB Q4 Updates: Gross Advances Jump 29% YoY, Deposits Surge 32%
Suryoday Small Finance Bank reported a 29% year‑on‑year jump in gross advances to Rs 13,201 crore (≈$1.6 billion) for Q4 FY26. Total deposits climbed 32% to Rs 13,958 crore (≈$1.68 billion), with retail deposits and CASA showing strong growth. Disbursements rose 46% YoY to Rs 3,077 crore (≈$371 million)...
F&O Talk: Is Rebound From Thursday's Low a Sign of Reversal or a Bull Trap? Sudeep Shah's Take on Market...
Indian equity markets recovered on Thursday, with the Nifty climbing 530 points from its intraday low to finish at 22,713.10 and the Sensex gaining 185 points. Technical analyst Sudeep Shah highlighted a pattern of short‑term pull‑backs followed by sharp rebounds,...
14 Nifty Midcap Stocks Plunge up to 50% From 52-Week Highs
Intense volatility in Indian equities has pushed the Nifty down about 14% from its 52‑week high, while the Nifty Midcap 150 slipped nearly 13% from its peak. Fourteen mid‑cap stocks, including Godfrey Phillips India and KPIT Technologies, have lost between...
Vijay Kedia’s FY26 Scorecard: Losses Dominate with 14 Stocks Falling up to 68%; SME Multibagger Shines
Vijay Kedia’s FY26 portfolio of 17 stocks posted a largely negative performance, with 14 holdings ending the year in the red and two stocks plunging more than 68%. The only major outlier was TechD Cybersecurity, which surged 159% after its...
Silver Crashes Rs 14,000/Kg, Gold Dips Rs 2,600/10 Grams as Trump's Plan to Hit Iran ‘Very Hard’ Reignites Inflation Fears....
U.S. President Donald Trump’s televised warning of a “hard” strike on Iran sent shockwaves through commodity markets, prompting sharp drops in precious metals on India’s MCX exchange. Silver futures for May 2026 fell 5.5% to Rs 2.29 lakh per kilogram (≈ $2,770 per ounce),...
Market Trading Guide: Buy DMart & IPCA Laboratories on Wednesday for Short-Term Gains up to 14%. Here’s Why
The Nifty index slipped toward its swing low after a 5% FY decline, with technical analysts spotting bullish reversal signals near the 22,200 level. They recommend buying IPCA Laboratories at about ₹1,602 (~$19) targeting ₹1,826 (~$22) for a 14% upside,...
BNP Paribas Buys Stakes in 4 Stocks via Block Deals; LG Electronics, Max Health & 2 More
BNP Paribas executed four block‑deal purchases on Indian exchanges, acquiring stakes in Siemens Energy India, GMR Airports, LG Electronics India and Max Healthcare Institute. The total outlay was roughly $20 million, with individual deals ranging from $3.7 million to $6.9 million. Despite the inflow...
US Stocks: Viridian Shares Plunge 34% as Eye Disease Drug Disappoints on Efficacy Despite Trial Success
Viridian Therapeutics’ shares tumbled 34% to $18.66 after its late‑stage trial of elegrobart for thyroid eye disease (TED) fell short of investor efficacy expectations, despite meeting the primary endpoint of reducing eye bulging. The four‑week regimen showed a 54% improvement...
Indian Gas Maker INOX Air Products Plans $1 Billion IPO, Appoints Bankers, Sources Say
Indian industrial‑gas maker INOX Air Products, a joint venture between Air Products and Chemicals and the INOX Group, is preparing a $1 billion IPO in Mumbai. The company has hired Kotak, JPMorgan and Citi as lead managers and expects to file...
Crypto Fuels Drone Purchases in Russia and Iran, Report Says
A Chainalysis report reveals that pro‑Russia and Iran‑linked groups are increasingly using cryptocurrency to fund low‑cost military drones and components. Since Russia’s 2022 invasion of Ukraine, these actors have raised over $8.3 million in crypto donations, matching transactions of $2,200‑$3,500 to...
Jio Financial Services Expects to Begin Life, General Insurance Biz in 2026
Jio Financial Services (JFS) announced it aims to launch both life and general insurance operations in 2026, contingent on regulatory clearance. The rollout will be executed through a joint venture with global insurer Allianz, building on JFS’s recent entry into...
Volatility Throws up Opportunity, but Patience Key, Says Sameer Dalal
Markets have been rattled by global uncertainties and geopolitical tensions, creating sharp swings that keep investors wary. Sameer Dalal, CEO of Natverlal & Sons Stockbrokers, advises against panic selling and suggests a measured entry, allocating only 10‑15% of the intended...
Goldman Sachs’ India Bets Slide in FY26; 5 Stocks Crash over 50% but One Turns Multibagger
Goldman Sachs’ India equity portfolio shrank 36% in FY 26, dropping from roughly $1.44 billion to about $916 million. The decline was driven by five major holdings—Laxmi Dental, Awfis, Newgen, Aurionpro and Ganesha—each losing more than 50%. Conversely, six stocks posted gains between 20%...
PSU Banks Slide up to 5% Amid War-Led Selloff; UCO, BoB, Punished Most
India’s publicly‑owned banks slumped sharply on March 27 as the Iran‑Israel war sparked a broad market sell‑off. The Nifty PSU Bank index fell 3.4% to 8,285, with every one of the 12 constituent stocks in the red; UCO Bank, Bank...
Aditya Birla Real Estate Aims Rs 1,700 Cr Revenue From 1st Housing Redevelopment Project
Aditya Birla Real Estate Ltd (ABREL) announced that its subsidiary Birla Estates Pvt Ltd will redevelop two cooperative housing societies in Khar West, Mumbai, marking its entry into the redevelopment market. The project, undertaken with Parinee Real Estate Builders, comprises about 2.9 lakh sq ft of free‑saleable area...
Russia Sells Gold Bars for First Time in 25 Years to Fund Budget Deficit Amid High Military Spending: Report
Russia’s central bank has begun selling physical gold for the first time in 25 years, offloading 300,000 ounces in January and 200,000 ounces in February 2026. The combined gold and foreign‑currency sales since 2022 total roughly $185 billion, pushing gold reserves...
Global Market Update | Japan's Nikkei Gains on Middle East Optimism; SoftBank Jumps 6%
Japan's Nikkei index climbed 0.61% to 54,075, driven by a 6.2% jump in SoftBank shares after Arm Holdings forecast strong data‑center chip revenue. The rally reflects growing optimism that Middle‑East tensions may ease, even as the market stays below its...
Dipan Mehta: Don't Call the Bottom yet; Here's What to Watch Instead
Indian equities are currently reacting more to US President Donald Trump’s statements than to fundamentals, with oil price swings amplifying market volatility. Dipan Mehta of Elixir Equities warns that the March earnings quarter will be tepid and the June quarter...
Zerodha Doubles Fee for some Intraday F&O Trades to Rs 40
Zerodha, India’s leading discount broker, will double its intraday futures‑and‑options brokerage to Rs 40 (≈$0.48) per order from April 1, but only for traders who do not keep at least 50% of the required margin in cash or cash equivalents. The change...
Basmati Rice Exporter Amir Chand Mobilises Rs 60 Crore From Anchor Investors
Amir Chand Jagdish Kumar (Exports) Ltd secured about $7.3 million from anchor investors at the top of its IPO price band, paving the way for its $54 million, 2026 initial public offering. The IPO, priced between ₹201‑₹212 per share (approximately $2.45‑$2.58 million total),...
Coal India Board Approves up to 35% Divestment in SECL via OFS and up to 25% in Mahanadi Coalfields
Coal India Ltd's board approved selling up to 35% of its stake in South Eastern Coalfields Ltd (SECL) via an Offer for Sale and issuing fresh equity up to 10% of post‑issue capital. It also cleared a divestment of up...
Market Trading Guide: Buy Gujarat Fluorochemicals and HCL on Tuesday for Gains up to 11%
Technical analysts recommend buying Gujarat Fluorochemicals at ₹3,250 (≈$39) with a target of ₹3,595 (≈$43), implying an 11% upside, and HCL Technologies at ₹1,360 (≈$16) targeting ₹1,480 (≈$18), a 9% gain. The suggestions come as the Nifty 50 slipped on...
Embassy REIT Bets on Growth Amid Debt, Leasing Strength: Amit Shetty
Embassy Office Parks REIT has raised about ₹9,800 crore ($1.2 billion) of new debt at rates as low as 6.44% to refinance existing borrowings and fund a 7.6 million sq ft development pipeline and two hotel projects. The REIT, which owns roughly 25% of India’s...
Godrej Properties, Lodha Acquire over 25 Land Parcels in FY26 to Build Homes, Eye Rs 1 Lakh Cr Revenue
Godrej Properties and Lodha Developers have together secured more than 25 land parcels in FY26, targeting residential projects worth over Rs 1 lakh crore. Lodha acquired 11 parcels across MMR, Delhi‑NCR, Pune and Bengaluru, representing 20.6 million sq ft and an estimated sales value of...
Sebi Board to Consider FPI Settlement Norms Ease, Intermediary Reforms on Monday
The Securities and Exchange Board of India (SEBI) board will meet on Monday to consider easing settlement norms for foreign portfolio investors (FPIs) by allowing same‑day netting of cash trades, replacing the current gross settlement requirement. The change aims to...
Market Trading Guide: Buy Aether Industries and Centum Electronics on Monday for Short Term Gains up to 9%. Here’s Why
The Economic Times' market guide recommends buying Aether Industries and Centum Electronics on Monday, targeting short‑term gains of roughly 8‑9%. Both stocks have formed bullish weekly breakouts after prolonged consolidation, with price action above key support levels and confirming momentum...
UTI AMC CEO Says Safety Margin in Smallcaps Limited, Backs Financials and Manufacturing
UTI Asset Management Company MD & CEO Vetri Subramaniam warned that small‑cap stocks have a limited safety margin, urging caution despite recent market corrections. He outlined a five‑year plan to accelerate AUM growth through cost discipline, digital upgrades such as...
