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A series of sovereign gold bond redemptions is occurring this week as they become eligible for premature exits. The Reserve Bank of India (RBI) has announced that the SGB 2020-21 Series-VII-Issue and the SGB 2018-19…
Aditya Birla Sun Life AMC reported a consolidated net profit of Rs 187 crore for the quarter ended March 31, 2026, an 18% decline from Rs 228 crore in the same quarter last year. Revenue…
The ongoing US-Iran conflict has led to significant market volatility, with some traders profiting by placing strategic bets just before key announcements. Six accounts on the blockchain-based betting platform Polymarket placed bets that the US…
Nifty ended in the red on Wednesday, dragged by IT and FMCG stocks, breaking its three-session gaining streak. Momentum indicator RSI suggests the index is in a bearish crossover on the hourly chart. Adani Green…
Google is embracing the agentic era, with CEO Sundar Pichai announcing that 75% of all new code at the company is now AI-generated and approved by engineers, up from 50% last fall. In a post…
Kevin Warsh, Donald Trump's nominee to lead the US Federal Reserve, pledged to protect central bank independence during his confirmation hearing. This hearing is crucial as Warsh seeks to succeed Fed Chair Jerome Powell, whose…
Apple shares edged lower on Tuesday, slipping nearly 1%, following the announcement of a leadership transition. CEO Tim Cook will step down and hand over the reins to insider John Ternus, currently the hardware chief.…
Retail sales in the U.S. rose 1.7% in March, driven by a spike in gas prices due to the ongoing Iran war, which has lasted eight weeks. This follows a revised 0.7% increase in February,…
As March-quarter shareholding data emerges for over half of the BSE smallcap universe—around 970 companies—Mutual Funds (MFs) have increased their exposure, raising stakes in about 294 smallcap stocks compared to December ’25. Nearly 66 of…
Ace investor Vijay Kedia increased his smallcap exposure in the March quarter by acquiring a 4.53% stake in Mahamaya Lifesciences and a 1.88% stake in SPML Infra. Kedia is recognized for identifying multibagger opportunities, and…
Bill Miller states, “All of the great investing periods begin when things are terrible and end when they are wonderful.” This insight underscores that prime investment opportunities often arise during market downturns rather than in…
U.S. stocks are holding firm as UnitedHealth Group and other major companies reported profits exceeding analyst expectations, boosting market optimism. UnitedHealth's stock jumped 9.4% after it raised its profit forecast for 2026. Quest Diagnostics also…
Aurobindo Pharma Ltd announced that its Rs 800 crore buyback offer will open on April 23 and close on April 29. The company's board approved the buyback of up to 54,23,728 fully paid-up equity shares…
The US Customs and Border Protection announced the launch of its refund-processing platform, allowing importers and customs brokers to file claims for duties paid. This follows the US Supreme Court ruling that declared Donald Trump's…
The Indian stock market ended positively on April 21, with the Nifty 50 closing at 24,576.60, up 212 points or 0.87%. The index opened at 24,374.55, reached a high of 24,601.70, and touched a low…
Aurobindo Pharma has announced a share buyback worth up to Rs 800 crore through the tender offer route. The buyback will open on April 23 and close on April 29. The company plans to buy…
Victory Giant Technology Huizhou Co., a Chinese supplier of Nvidia Corp., surged 50% in its Hong Kong trading debut after raising $2.6 billion, marking the city’s largest listing in seven months. The shares closed at…
Foreign investors (FIIs/FPIs) net sold Rs 1,919 crore worth of Indian equities on April 21. Domestic institutional investors (DIIs) net bought shares worth Rs 2,221 crore, according to provisional exchange data. During the trading session,…
Tim Cook is stepping down as chief executive officer of Apple Inc, handing over charge to John Ternus, who heads hardware engineering. Under Cook's leadership, Apple became the most valuable company in the world by…
Indian benchmark indices closed higher for the third consecutive session on April 21, driven by broad-based buying across sectors. Reports of a second round of talks between the U.S. and Iran raised hopes for a…
Saurabh Mukherjea's Marcellus Investment Managers has fully exited the IT services sector, reallocating its flagship Consistent Compounders Portfolio (CCP) with approximately 25 percent now in healthcare. The portfolio also includes pharma exports, auto ancillaries, power…
Shares of Nestle India jumped more than 8% to a fresh 52-week high on Tuesday after the FMCG company reported a 27% year-on-year rise in consolidated net profit to Rs 1,111 crore for the January-March…
The Reserve Bank of India’s (RBI) recent easing of restrictions in the offshore non-deliverable forwards (NDF) market is not expected to alter its stance on the net open position for the Indian rupee (NOP-INR). Market…
Shares of export-focused shrimp and textile companies surged up to 7% on Tuesday as tariff refunds from former US President Donald Trump's administration began, following a US Supreme Court ruling that deemed the tariffs illegal.…
Textile and seafood stocks increased up to 5% on April 21 following the launch of a refund system for businesses that paid tariffs. The US Supreme Court ruled that President Donald Trump imposed these tariffs…
