ET Alpha Wealth Summit: D-St Moguls Set to Decode the Next Wealth-Creation Avenues
The Economic Times will host the ET Alpha Wealth Summit on June 4 in Mumbai, gathering leading fund managers and macro experts to chart India’s next wealth‑creation pathways. Speakers such as Saurabh Mukherjea, S Naren, Nilesh Shah and Vikas Khemani will tackle topics ranging from the scarcity of cheap stocks to long‑term portfolio reallocation. The agenda shifts focus from traditional large‑cap bias toward asset‑mix diversification, global exposure, and wealth‑continuity planning. Live sessions aim to uncover where alpha can still be generated amid heightened market uncertainty.
Commodity Radar: As Gold Holds Near Rs 1.5 Lakh Support, NFP Data to Decide Next Breakout. Buy-on-Dips Strategy Emerges
Gold in India is consolidating near the ₹150,000 (≈ $1,800) support level after a modest correction, while COMEX gold slipped $25.70 to $4,603.90 per ounce. Analysts cite inflation concerns and stalled Iran‑US talks as headwinds, but the real catalyst this week...
Sebi-Backed PaRRVA Mechanism for Performance Validation Becomes Operational. Check Details
CARE Ratings Limited and the National Stock Exchange of India have launched PaRRVA, a SEBI‑backed Past Risk and Return Verification Agency, to independently validate performance claims of advisors, analysts and trading members. The platform ingests transaction‑level data via APIs or...
Silver Futures Plunge Rs 3,917 to Rs 2.47 Lakh/Kg on Weak Global Trends
Silver futures on India’s MCX fell 1.56% on Monday, dropping Rs 3,917 to Rs 2.47 lakh per kilogram (≈ $3,000/kg). The decline came amid higher crude‑oil prices and inflation worries that dampened investor sentiment, even as global Comex contracts slipped 2.06% to $74.85 per...
Trading Guide: Buy Gujarat Fluorochemicals & Kalyani Steels on Monday for Gains of up to 8%
The Nifty index is stuck in a 23,600‑24,400 range, with a break below 23,800 signaling further downside and a move above 24,400 opening the path to 24,600‑24,800. Technical analysts recommend buying Gujarat Fluorochemicals at ₹3,602 (≈ $43) targeting ₹3,900 (≈ $47), an...
Anand James’ Top Picks: Why Time Techno and Shyam Metalics Are Buys This Week
Anand James of Geojit flagged Time Technoplast and Shyam Metalics as short‑term buys, citing strong RSI and MACD bullish crossovers. Time Technoplast, trading near $2.33, has reclaimed the ₹190‑₹195 resistance and targets $2.46 with a $2.25 stop‑loss. Shyam Metalics, around...
The Global Markets Are an AI Story…or Are They?
The article argues that the AI hype that once powered US equity markets has faded, with leadership moving from the S&P 500’s large‑cap tech giants to a broader market base. In 2026 YTD the Russell 2000 outperformed the S&P 500 (13.1% vs 5.5%),...
FY27 Earnings Growth May Drop to 10%: Jitendra Sriram on the Impact of Sustained $100 Oil
Jitendra Sriram of Baroda BNP Paribas warns that FY27 earnings growth in India could slow to 10‑12% as sustained $100 crude prices strain corporate margins and consumer spending. The two‑month West Asia conflict has already pushed the rupee to the...
The Hormuz Blockade: Why a Fragile Ceasefire May Not Lower Global Oil Prices
Brent crude surged to $125 a barrel, the highest level since March 2022, as naval blockades in the Strait of Hormuz curtailed roughly one‑fifth of global oil flows. Iran’s conditional reopening and U.S. naval actions have left tankers stranded and insurers...
Zen Technologies Q4 Results: Cons PAT Falls 69% YoY to Rs 32 Crore; Revenue Down 45%
Zen Technologies reported a sharp decline in its March‑quarter results, with consolidated net profit dropping 69% year‑on‑year to Rs 32 crore (≈ $3.9 M). Revenue from operations fell 45% to Rs 178.7 crore (≈ $21.5 M), while expenses rose to Rs 135 crore (≈ $16.3 M). The company posted a Rs 1 per...
Musk’s $158 Billion Payday Is a Lot Like Tesla Stock: Full of Hot Air
Tesla disclosed that Elon Musk’s 2025 compensation is valued at $158 billion, part of a potential $1 trillion package tied to aggressive performance milestones. The payout is entirely equity‑based, with Musk slated to receive $132 billion only if the company meets targets it...
Sell in May and Go Away? Not so Fast, as Earnings, Geopolitics May Offset Seasonal Concerns
The classic “sell in May and go away” rule is losing traction as the S&P 500 rebounded 10% in just 11 sessions after an oil‑supply shock, erasing a near‑10% decline. Historical data shows a modest 2% gain for May‑October since 1945,...
Jindal Steel Q4 Results: Co Swings to Profit of Rs 1,045 Crore vs YoY Loss on 23% Revenue Surge
Jindal Steel posted a Q4 FY26 net profit of Rs 1,045 crore (~$126 million), reversing a Rs 339 crore (~$41 million) loss a year earlier. Revenue surged 23% to Rs 16,218 crore (~$1.95 billion), driven by higher volumes and margin recovery. The company recorded its highest ever production at...
Cboe to Cut Staff by 20% as Exchange Operator Sharpens Focus on Core Business
Cboe Global Markets announced a 20% cut to its global workforce, roughly 332 jobs, as part of a strategic realignment that follows the sale of its Canadian and Australian units for $300 million. The move was paired with a pledge to...
Mazagon Dock Q4 Results: Profit Jumps 42% to Rs 464 Crore; Co Declares Rs 4.62 Dividend
Mazagon Dock Shipbuilders posted a strong March‑quarter, with net profit jumping 42% to Rs 464 crore (≈ $56 million) and revenue rising 16% to Rs 3,684 crore (≈ $44 million). Profit before tax surged 54% to Rs 625 crore, while expenses grew only 8%, highlighting improved operating leverage. The board...
Laurus Labs Q4 Results: Cons PAT Increased 19% to Rs 279 Crore, Revenue Rises 5%
Laurus Labs posted a consolidated net profit of Rs 279 crore (≈ $33.6 million) in Q4 FY26, a 19% YoY increase, while revenue rose 5% to Rs 1,812 crore (≈ $21.8 million). EBITDA grew 10% YoY to Rs 523 crore (≈ $6.3 million) and gross margins improved to 61.4%, up 690 basis...
Kevin Warsh Wanted a Family Fight at the Fed. Oil Has Provided the Spark
Kevin Warsh, the incoming Federal Reserve chair, has signaled a desire for a more contentious, "family fight" style of policy discussion. Four of the Fed's 12 voting members dissented from the latest statement, the largest split since 1992, as oil...
Equitas Small Finance Bank Q4 Profit Soars 5-Fold on Expansion, Asset Quality
Equitas Small Finance Bank posted a five‑fold jump in Q4 net profit to Rs 213 crore (≈$25.7 million), driven by robust loan growth and tighter asset quality. Pre‑provision operating profit rose 30% to Rs 403 crore, while provisions fell to Rs 124 crore. Gross advances expanded 22%...
Aster DM Healthcare Q4 Revenue Jumps 18% YoY to Rs 1,182 Crore
Aster DM Healthcare reported Q4 revenue of Rs 1,182 crore (≈$142 million), an 18% year‑on‑year increase, while operating EBITDA rose 31% to Rs 253 crore (≈$30.5 million) and margins expanded to 21.7%. On a pro‑forma basis that includes Quality Care India Ltd, revenue reached Rs 2,361 crore (≈$285 million)...
Value 360 Communications IPO: Rs 41.7 Crore Issue Opens May 4. Check Price Band, GMP, Other Details
Value 360 Communications Ltd. is launching a Rs 41.69 crore (≈ $5 million) IPO on May 4, offering up to 42.54 lakh shares at a ₹95‑₹98 price band on the NSE Emerge SME platform. The company, which posted Rs 55.07 crore (≈ $6.6 million) revenue and Rs 7.61 crore (≈ $0.9 million) profit in Jan 2026,...
Sebi Introduces Fast-Track Route for AIF Launches to Boost Capital Deployment
The Securities and Exchange Board of India (SEBI) has rolled out a fast‑track approval process for Alternative Investment Funds (AIFs) that are not classified as Large Value Funds. Under the new rules, non‑LVF schemes can be launched and begin circulating...
CEAT Shares Rally 12% After Q4 Net Profit Soars 145% to Rs 244 Crore. Should You Buy?
CEAT’s shares jumped 12% after the tyre maker reported a 145% surge in Q4 net profit to Rs 244 crore (≈ $29 million). Revenue rose 23% YoY to Rs 4,219 crore (≈ $508 million) and EBITDA margin expanded to 14.18%. The board proposed a Rs 35 per share dividend...
Federal Reserve at Crossroads: Leadership Shift & Policy Outlook
Kevin Warsh has been nominated to succeed Jerome Powell as Federal Reserve Chair, promising a more open, debate‑driven policy environment. The Fed’s 19‑member policy committee remains divided, with roughly half hawkish, a third centrist, and only a small minority favoring...
Global Oil Dynamics Enter Volatile Phase After UAE Decision: Peter McGuire
The United Arab Emirates announced a surprise departure from the OPEC+ alliance, cutting roughly 12% of the bloc’s production capacity. The move caught markets off guard, prompting immediate price spikes as West Texas Intermediate hovered around $100 per barrel. Analysts,...
Bandhan Bank Shares Surge 11% After Q4 Profit Spikes 68% YoY to Rs 534 Crore
Bandhan Bank’s shares jumped 11% after it reported a 68% year‑on‑year rise in Q4 FY26 net profit to Rs 534 crore (≈ $64 million). The profit boost came from sharply lower provisions—down to Rs 677 crore (≈ $82 million)—and improved asset quality, with gross NPAs falling to 3.27%....
Market Spotlight: Wall Street Braces for Tech Earnings and Powell’s Final Fed Meeting
Wall Street is gearing up for a "Super Bowl Wednesday" as Alphabet, Amazon, Microsoft and Meta post earnings on April 29, 2026, while the Federal Reserve, led by Jerome Powell, holds a pivotal policy meeting. The tech giants are pouring...
Bitcoin Consolidates Near $77K Ahead of Fed Decision; $80K Breakout Could Trigger $1.2B Short Squeeze
Bitcoin is trading just above $77,000 as the market awaits the Federal Reserve’s rate decision, with the $80,000 level identified as a pivotal resistance point. Spot Bitcoin ETFs saw $263 million of outflows, ending a nine‑day inflow streak, while the broader...
OnEMI Technology IPO Opens Tomorrow: GMP, Price Band, and Analyst View
OnEMI Technology Solutions is launching a ₹925.92 crore (~$112 M) IPO on April 30, priced between ₹162 and ₹171 per share. The issue comprises a fresh issue of ₹850 crore (~$102 M) and an offer‑for‑sale of ₹75.92 crore (~$9 M) to boost the capital of its lending...
Crude Shock: Ajay Bagga on How $90 Oil Could Dent India Inc's Earnings and Test Government's Fiscal Nerve
India’s crude import bill could jump from $150 bn to $200‑$225 bn as oil prices surged from $63 to $114‑$116 per barrel, pushing the annual price outlook to around $90 per barrel. Market veteran Ajay Bagga warns the extra $50‑$75 bn cost will strain...
Ahead of Market: 10 Things that Will Decide Stock Market Action on Tuesday
Indian equities rebounded on Tuesday, ending a three‑day decline as the Nifty 50 rose 0.81% to 24,092.70 and the Sensex gained 0.83% to 77,303.63. The India VIX dropped 6.77% to 18.38, indicating easing volatility. Technical analysts see resistance around 24,115‑24,150 with...
Coal India Q4 Results: Profit Rises 12% to Rs 10,908 Crore; Co Declares Rs 5.25 Dividend
Coal India posted a 12% rise in Q4 profit to Rs 10,908 crore (≈$1.31 billion) on stronger realizations, while EBITDA grew to Rs 17,917 crore and margins expanded to 39%. Sales volume slipped 1% to 198.8 million tonnes, but average price per tonne rose 6% to...
Market Trading Guide: Buy Varun Beverages and JSW Energy on Tuesday for Gains up to 8%
The Nifty 50 rebounded on Monday, ending a three‑session decline as pharma, IT, auto and metals led broad buying. Technical analysts highlighted Varun Beverages (entry Rs 519 ≈ $6.25, target Rs 570 ≈ $6.87) and JSW Energy (entry Rs 574 ≈ $6.92, target Rs 630 ≈ $7.59) as bullish picks with roughly 10% upside. Both stocks...
Adani Total Gas Q4 Results: Cons PAT Grows 9% YoY to Rs 168 Crore; Revenue up 17%
Adani Total Gas posted a consolidated net profit of ₹168 crore (≈ $20 million) in Q4 FY26, a 9% year‑on‑year rise, while revenue jumped 17% to ₹1,695 crore (≈ $204 million). EBITDA grew 13% to ₹310 crore, offsetting an 18% increase in natural‑gas input costs. The company...
US Stocks: Domino's Pizza Sees Weak Annual US Sales as Diners Curb Spending, Shares Slump
Domino's Pizza cut its U.S. same‑store sales outlook for fiscal 2026 to low‑single‑digit growth, down from a prior 3% rise expectation. The chain reported first‑quarter U.S. comparable sales of just 0.9%, well below analysts’ 2.72% forecast, and earnings per share...
IPO Calendar: Which New Issues and Listings Will Hit the Market This Week?
The Indian primary market faces a quiet week on the main board, with no fresh IPO subscriptions opening. Activity shifts to the SME platform, where Amba Auto Sales & Services will raise about $7.9 million, while Adisoft Technologies and Leapfrog Engineering...
Survival Over Hype: The Hidden Trait that Builds Long-Term Wealth
Veteran investor Thomas Russo argues that long‑term wealth stems from a company’s "capacity to suffer"—the willingness to endure short‑term pain for future growth. In a tightening monetary environment, firms that sacrifice margins to reinvest in brands, distribution or new markets...
Market Trading Guide: Buy Aster DM, AU SFB on Monday for up to 8% Near-Term Gains
Technical analysts at LKP Securities and Bonanza Portfolio recommend buying Aster DM Healthcare and AU Small Finance Bank for an estimated 8% near‑term upside. Aster DM is trading at Rs 700‑705 (≈ $8.5) with a target of Rs 760 (≈ $9.2) and a stop...
Warren Buffett Once Treated Bill Gates at McDonald's Using Coupons: How Frugal Is His Lifestyle
Billionaire investor Warren Buffett once paid Bill Gates for a McDonald’s lunch using coupons, underscoring his famously frugal habits. He routinely bases his daily breakfast spend—ranging from $2.61 to $3.17—on the market’s mood, a practice he describes in a documentary....
10 Well-Known Stocks Down up to 70% in a Year Amid FII Selloff. Do You Own Any?
A recent ETMarkets analysis highlights ten prominent Indian equities that have slumped up to 70% over the past year as foreign institutional investors (FIIs) dramatically cut their stakes. ITC, Kotak Mahindra Bank, IRCTC, HCL Technologies, Cipla, FirstCry, BLS International, Info...
10 Midcap Stocks with Massive Upside Potential up to 60%. Do You Own Any?
Analysts using Trendlyne data have identified ten Nifty Midcap 100 stocks that could deliver 30%‑60% upside over the next 12 months. Kalyan Jewellers tops the list with a 59% projected gain, moving from about $4.9 to $7.8 per share, while Swiggy and...
Sebi Clears 4 IPOs Including Yatayat Corporation and EAAA India Alternatives
India’s securities regulator SEBI cleared IPOs for four companies—logistics firm Yatayat Corporation, Edelweiss‑backed alternatives manager EAAA India Alternatives, real‑estate developer Grand Housing, and railway‑electronics maker MV Electrosystems—highlighting a diversifying primary‑market pipeline. Yatayat will issue a mixed fresh‑issue and offer‑for‑sale to...
Buy the Dip, but Avoid IT, Back Pharma & Power, Says Rudramurthy BV
Indian equities have pulled back after a 2,300‑point rally, prompting Vachana Investments’ MD Rudramurthy BV to label the market a "buy‑on‑dip" opportunity. He targets entry on the Nifty around 23,700‑23,800 and on Bank Nifty near 55,000, pending stabilization of Brent...
US Stock Market Today | Dow Jones | Nasdaq Live: US Futures Mixed as Iran War Deadlock Keeps Investors Edgy
U.S. stock futures were mixed on Friday as Nasdaq futures rose about 0.9% driven by a 27% surge in Intel shares, while Dow futures slipped. Oil prices fell, with Brent at $104.57 and WTI at $94.80, after hopes of renewed...
Sebi Eases FPI Settlement Norms, Allows Netting of Funds in Cash Market to Cut Costs, Improve Efficiency
The Securities and Exchange Board of India (Sebi) has introduced a net‑settlement framework that lets foreign portfolio investors (FPIs) offset cash flows for outright transactions in the cash market. Under the new rule, buy and sell positions in a single...
IndusInd Bank Q4 Results: Lender Reports Profit of Rs 533 Cr vs Loss Year Ago; Declares Rs 1.5/share Final Dividend
IndusInd Bank posted a standalone net profit of Rs 533 crore (~$64 million) in Q4 FY 26, a sharp turnaround from a Rs 2,236 crore loss a year earlier. Net interest income surged 43% YoY to Rs 4,371 crore (~$527 million), while pre‑provision operating profit reached Rs 2,215 crore. Asset quality...
Push to Unwind Bitcoin Hoarder Shows Once-Hot Trade Failing
Satsuma Technology Plc, a London‑listed Bitcoin accumulator, faces mounting pressure from shareholders, including Pantera Capital, to liquidate its remaining $50 million of Bitcoin and return capital. The company’s stock has plunged more than 99% since its June 2025 peak, reflecting the broader...
Rupee Logs Steepest Weekly Drop in over Three Years as Iran War Worries Resurface
The Indian rupee fell 1.4% to 94.2475 per dollar, marking its steepest weekly decline since September 2022. The slide was triggered by renewed worries that the U.S.–Iran ceasefire could collapse, pushing Brent crude up 2% to $107 per barrel. RBI’s short‑term...
US Stocks Today: US Market Rises on Iran Ceasefire Extension and Solid Earnings
U.S. equities rallied on Wednesday after President Donald Trump announced an indefinite extension of the Iran cease‑fire, lifting a key geopolitical risk. The S&P 500 jumped 1.03% to 7,137.12, the Nasdaq rose 1.62% to 24,653.52, and the Dow gained 0.68% to...
India Denies Cash, Crypto Payments to Iran for Hormuz Passage
India officially denied any cash or cryptocurrency payments to Iran for safe passage through the Strait of Hormuz. The denial followed an April 18 incident in which Iranian forces fired on two Indian‑flagged vessels, including the tanker Sanmar Herald, forcing them to...
BitDelta India Launches Institutional-Grade VDA Infrastructure, Targets Trust-Led Growth in Crypto Market
BitDelta India has launched an institutional‑grade virtual digital asset platform after registering as a VDASP with FIU‑India. The service provides a unified INR‑native trading ecosystem for spot and derivatives, backed by an ultra‑low‑latency matching engine and API access for advanced...