US Stocks: Blockchain Billionaire Sun Takes Trump Family’s Crypto Firm to Court
Blockchain billionaire Justin Sun has filed a federal lawsuit against World Liberty Financial, the crypto venture co‑founded by former President Donald Trump and his sons, alleging the firm illegally froze his WLFI token holdings. Sun invested $45 million for 3 billion tokens and later received an additional 1 billion as an advisor, now holding 4 billion tokens valued at roughly $320 million. He claims the company embedded a backdoor that lets it blacklist and potentially destroy his tokens, and he opposes a new governance rule that would lock early investors’ tokens until 2030. The dispute highlights growing tensions between high‑profile crypto entrepreneurs and politically linked token projects.
Quotes of the Day by Bill Miller: “All of the Great Investing Periods Begin when Things Are Terrible and End...
Bill Miller’s observation that the best investing periods start in terrible markets and end in wonderful ones underscores the cyclical nature of finance. The article explains how crises depress asset prices, creating buying opportunities, while exuberant phases often mask overvaluation....
Gainers & Losers: Nestle, Groww and Ola Among 7 Big Movers on Tuesday
Indian equities closed higher on Tuesday, with the Nifty up 0.87% to 24,576.60 and the Sensex up 0.96% to 79,273.33. FMCG giant Nestle led gainers, jumping 7.3% after reporting a 27% YoY profit rise to about $134 million and 23% revenue...
Aurobindo Pharma Announces Schedule, Record Date for Its Rs 800 Crore Share Buyback
Indian pharmaceutical firm Aurobindo Pharma announced a share buyback of up to Rs 800 crore (approximately $96 million) via a tender‑offer. The program will run from April 23 to April 29, targeting up to 54.23 lakh shares at Rs 1,475 per share (~$18), representing about 0.93% of...
Mcap of 8 of Top-10 Most Valued Firms Surges by Rs 1.87 Lakh Cr; Airtel Biggest Winner
Eight of India’s ten most valuable companies added roughly Rs 1.87 lakh crore (~$22.6 bn) in market capitalisation during a holiday‑shortened week, with Bharti Airtel leading the rally. Airtel’s valuation jumped Rs 58,831.52 crore (about $7.1 bn) to Rs 11,25,125.21 crore, while Reliance Industries stayed the top‑valued...
Ahead of Market: 10 Things that Will Decide Stock Market Action on Monday
Indian equities closed higher on Friday, with the Nifty up 0.65% to 24,353.55 and the Sensex up 0.38% to 78,111.24, led by consumer and metal buying. Technical analysts flag the 50‑day moving average at 24,410 as a decisive hurdle; a...
NSE IPO: Unlisted Shares Crash Despite Offer Buzz. Are Late Buyers Locked Out of OFS Route?
The National Stock Exchange (NSE) is preparing an offer‑for‑sale (OFS) IPO that will offload about 4‑5% of its equity, targeting roughly ₹20,000 crore (≈ $2.4 bn). Unlisted NSE shares have slipped from a high of ₹2,075 (≈ $25) to around ₹1,885 (≈ $22.7) as investors...
10 Sensex Stocks with up to 45% Upside Potential. Are These in Your Portfolio?
Trendlyne’s analyst consensus identifies ten Sensex constituents with upside potential of 20%‑45% over the next 12 months. Eternal leads with a projected 43% gain, while HDFC Bank, Mahindra & Mahindra, Reliance Industries and Bharti Airtel each show upside above 25%. All...
Aluminium Prices at Record Highs: What’s Driving the Rally and What’s Next?
Aluminium prices have surged to a four‑year high on the London Metal Exchange, touching a record ₹375 per kilogram (about $4.5) in India. The rally followed an initial dip after the US‑Iran conflict, rebounding as supply concerns and robust demand...
Market Trading Guide: Buy Shipping Corporation and Power Grid on Monday for Short-Term Gains of up to 29%
Nifty closed above 24,300 on Friday, extending a second‑week rally in Indian equities. Technical analysts cite a break above the 50‑day moving average at 24,410 as a catalyst for a potential move toward 24,700. They recommend buying Shipping Corporation of...
Defence Stocks Breakout: Should You Book Profits or Buy the Dip? Anand James Answers
Defence stocks have surged, with the Nifty India Defence index breaking out of a multi‑week consolidation and posting double‑digit weekly gains. About 80 % of constituents sit above their 50‑day and 100‑day averages, while heavyweights like HAL and BEL show near‑overbought...
Don’t Trust the Hype: Why Earnings Quality Matters More than Broker Calls in Today’s Volatile Market
In today’s volatile market, the article argues that earnings quality outweighs broker recommendations as a reliable investment gauge. It highlights the inherent conflict of interest in brokerage research, where analysts may favor optimistic coverage to protect banking relationships. The piece...
Can Sensex, Nifty Extend Gains on Monday? Oil Prices, 5 Factors to Guide Dalal Street This Week
Indian equities are set to open higher on Monday as the Nifty and Sensex aim to extend a second straight session of gains following a 250‑point surge in GIFT Nifty. Market optimism is fueled by easing geopolitical tensions in the...
Fall in Provisions Help ICICI Bank's Net Profit in Q4 FY26
ICICI Bank posted a 9% rise in net profit to $1.65 billion for Q4 FY26, helped by a 90% plunge in provisions to $12 million. Fee income climbed 8% to $817 million, while total advances expanded 16% to $187 billion, driven by business and...
Network18 Q4 Loss at Rs 29.61 Crore, Revenue up 9.7% to Rs 615.78 Cr
Network18 Media & Investments posted a Q4 consolidated loss of Rs 29.6 crore (≈$3.6 M), a slight improvement from Rs 29.1 crore a year earlier. Revenue rose 9.7% YoY to Rs 615.8 crore (≈$74 M) and 14.2% QoQ, while EBITDA reached Rs 30 crore (≈$3.6 M) with a 4.9% margin. The...
Akshaya Tritiya 19th April 2026: What the Scriptures Actually Say
Akshaya Tritiya, observed on 19 April 2026, is a self‑auspicious tithi in the Vedic calendar that requires no individual muhurta. Classical texts such as the Bhavishya Purana and Skanda Purana describe the day as a time when charitable actions—especially offering water and food—generate merit that...
HDFC Bank Q4 Results: Net Profit Rises 9% to Rs 19,221 Crore; Announces Rs 13 Dividend for FY26
India’s HDFC Bank reported a net profit of ₹19,221 crore (≈$2.3 billion) for Q4 FY26, marking a 9% year‑on‑year increase despite a 1.1% dip in interest income to ₹76,610 crore (≈$9.2 billion). Net interest income rose 3.2% to ₹33,082 crore, while operating profit grew 4.8%...
F&O Talk: Midcaps, Smallcaps Stage Sharp Comeback, Trade Above Key Moving Averages. What's the Outlook?
The Nifty Midcap 100 and Smallcap 100 have surged past their 20‑day and 50‑day EMAs, closing in on all‑time highs, while the broader Nifty index trades above its 50‑day EMA but remains below the 100‑ and 200‑day EMAs. Technical indicators point to...
Mehul Telecom IPO Opens for Subscription. Check GMP, Price Band, and Other Details
Mehul Telecom's SME IPO opened on April 17, 2026 with a price band of ₹96‑₹98 per share and a grey‑market premium of about 4%, suggesting a potential listing price near ₹102 ($1.23). The issue, a fully fresh issue of 28.29 lakh...
Om Power Transmission Shares to List Today. Here's What GMP Indicates Ahead of Debut
Om Power Transmission launched a ₹150 crore ($18 M) IPO priced at ₹175 per share, achieving a 3.33× overall subscription with the non‑institutional investor (NII) segment at 7.06×. Grey‑market signals show a near‑zero premium, pointing to a flat or marginal debut on...
Civic Bodies Turn to Bond Market After Budget Incentive
Indian municipal corporations are moving toward bond financing after the Union budget introduced targeted incentives. The Bombay and Ahmedabad corporations are negotiating a combined ₹1,000 crore (about $120 million) issuance, while smaller bodies such as Patna and Bengaluru aim for ₹200 crore ($24 million)...
Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty Jumps 50 Nearly Points; Oil Prices, Asian Markets...
Indian equities slipped modestly on Thursday as the weekly Sensex expiry heightened volatility, though a firmer rupee and softer Brent crude provided some cushion. Gift Nifty futures surged 47 points to 24,218, signaling a bullish opening for the market. Analysts...
S&P 500, Nasdaq Edge up From Records with Middle East Hopes, Corporate Earnings in Focus
U.S. equities nudged higher on Thursday as a 10‑day cease‑fire between Israel and Lebanon eased geopolitical tension. The S&P 500 rose 0.09% to 7,029.41 and the Nasdaq gained 0.08% to 24,034, both hovering near record levels set the day before. Market...
Amul Hits ₹1 Lakh Crore in Sales; MD Says India Could Be Dairy to the World Within a Decade
Amul, India’s flagship dairy cooperative, posted annual sales of ₹1 lakh crore—about $12 billion—last year, underscoring its massive domestic footprint and growing export reach. The cooperative now serves 28 lakh retail outlets, operates 120 plants and sells 1,200 SKUs, while India supplies roughly 25%...
Why AC Maker Blue Star Wants Both Summer and Monsoon Seasons to Be Good This Year
Blue Star, India’s largest air‑conditioner maker, is banking on an unusual double‑season boost: a scorching summer to spark urban sales and a strong monsoon to sustain rural demand, which now accounts for about 65% of total volume. The company reports...
Nifty Rebounds 8% in April After March Rout, but Stays Below Pre-War Levels. What Does It Signal?
India's benchmark Nifty index rebounded roughly 8% in the first half of April after a near‑10% slide in March, yet it remains below the sub‑25,000 pre‑war threshold. The rally was uneven, driven largely by short covering and selective buying, while...
Mukul Agrawal Buys 25 Lakh Shares in Soaring Smallcap Bank as Other Lenders Falter
Investor Mukul Mahavir Agrawal increased his holding in Jammu & Kashmir Bank by about 2.5 million shares in the March quarter, taking his stake to roughly 1.5% of the lender. The small‑cap bank has outperformed peers, with its share price up...
Share Buybacks This Month: Wipro, Aurobindo Pharma, 2 Other Stocks to Watch Out For
Four Indian firms—Wipro, Aurobindo Pharma, Windlas Biotech and Cyient—are set to announce or consider share buybacks in April 2026. Aurobindo Pharma has already approved a ₹800 crore (~$96 million) tender‑offer at a 10% premium, while Wipro’s board will review its fifth buyback...
Saurabh Mukherjea Has Moved Half His Personal Portfolio Out of India; Here's Why
Saurabh Mukherjea, founder of Marcellus Investment Managers, has reduced his personal Indian equity exposure from 70 % to a 50‑50 split with global assets, reflecting a broader shift among wealthy investors toward diversification. Marcellus’s GIFT City global fund now holds roughly...
Private Lenders Likely to Fare Better than Public Peers in Q4
Private lenders in India are set to outpace their public‑sector peers in Q4 FY26, with analysts forecasting a near‑12% year‑on‑year profit rise versus roughly 2% for state‑owned banks. Net interest income for private banks is expected to jump 8.4%, while...
Michael Burry Is Still Betting Against Palantir Even After Trump's 'Warfighting' Praise. AI Bubble Ready to Pop?
Michael Burry continues to short Palantir, holding June 2027 $50 puts and December 2026 $100 puts, despite former President Donald Trump’s recent praise of the firm’s war‑fighting capabilities. Palantir’s 2024 revenue from U.S. government contracts reached $1.2 billion, yet the stock trades at...
Market Trading Guide: Buy SBI and Bajaj Consumer on Monday for Gains up to 6%
Technical analysts at LKP Securities and Bonanza Portfolio recommend buying State Bank of India (SBI) and Bajaj Consumer Care on Monday, citing bullish RSI crossovers and strong price momentum. SBI is priced at ₹1,067 (≈$12.86) with a target of ₹1,120‑₹1,130...
Value in Volatility: Why Smart Money Hunts ‘Gaps’ in Uncertain Markets
Market volatility is reviving value‑investing as investors chase mispriced assets. Arnold Van Den Berg, speaking at Talks at Google, stresses the hunt for “value gaps” – the spread between intrinsic worth and current price. He argues that fear‑driven sell‑offs create buying opportunities...
FPIs Extend Sell-Off in April; Pull Out Rs 48,213 Crore From Indian Stocks in 10 Days
Foreign portfolio investors pulled $5.14 billion (Rs 48,213 crore) from Indian equities in the first ten days of April, extending a sharp outflow trend that began with a record $12.7 billion exit in March. The cumulative outflows for 2026 now exceed $18 billion, reflecting heightened...
Gold Surges as US–Iran Ceasefire Weakens US Dollar and Fuels Safe Haven Demand
Gold rallied sharply after the U.S.–Iran cease‑fire announcement, pushing the metal higher as the dollar slipped about 1% to a four‑week low. The move reflects heightened safe‑haven demand amid lingering geopolitical uncertainty and softer U.S. economic data, including 0.5% Q4...
8 Penny Stocks Surged up to 205% in 3 Months. Do You Own Any?
Eight Indian micro‑cap stocks posted three‑month gains ranging from 25% to a staggering 204%, with Starlineps Enterprises leading the pack. The screen required market capitalisation below ₹1,000 crore (≈ $120 million), share price under ₹20 (≈ $0.24) and daily volume of at least 5 lakh...
Nifty Bank vs IT: Anand James on How to Trade This Week
Indian equities showed a clear sector split as Nifty Bank rallied while Nifty IT lagged. A 7% fall in the VIX below 19 reduced panic‑selling, allowing Bank Nifty to breach key support and aim for 57,100‑57,300. Realty indices jumped 13%...
Bitcoin Climbs to $73K After Rangebound Move, Softer CPI Data Supports Upside
Bitcoin hovered near $73,000 on April 11, buoyed by softer‑than‑expected core CPI data that eased liquidity pressures. Ethereum traded around $2,250, outpacing many peers as on‑chain activity signaled early accumulation. The broader crypto market cap rose to $2.46 trillion, with Bitcoin...
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...
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...