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Equity benchmarks declined 0.8 percent for the second consecutive session on April 23. Market breadth favored bears, with 1,934 shares declining against 1,031 advancing shares on the NSE. Consolidation may continue in the equity markets,…
Nasdaq announced it will introduce new products to support the extension of U.S. equities trading to 23 hours a day, five days a week. This initiative aims to enhance global access to popular U.S. stocks.…
U.S. stocks fell in choppy trading on Thursday as hopes for a quick resolution to the Iran war dimmed. Investors faced mixed earnings reports and concerns about AI-driven disruption in the software sector. Stocks weakened…
The calendar year 2026 has revealed contrasting market trends. While the BSE Sensex has declined around 8% and the BSE 1000 has slipped about 4%, over half of the BSE 1000 stocks are in negative…
The quote by Ted Weschler offers a powerful perspective on investing. He describes investing as “a game of connecting the dots,” highlighting how successful investors think and grow over time. Weschler emphasizes that the longer…
Cyient approved a share buyback worth Rs 720 crore while reporting a weak March quarter performance. The engineering and technology services company will buy back up to 64 lakh shares at a price of Rs…
Freeport-McMoRan, the world's largest publicly traded copper producer, announced a slower-than-expected recovery at its Grasberg mine in Indonesia following a fatal flood last year. The company now anticipates only 65% production restoration by the second…
Wall Street's main indexes declined over 1% on Thursday, following US President Donald Trump's order for the Navy to shoot and kill any boat laying mines in the Strait of Hormuz. The Dow Jones Index…
The Nifty 50 extended its downtrend, correcting 0.8 percent for the second consecutive session on April 23, amid ongoing tensions at the Strait of Hormuz and US-Iran negotiations that kept oil prices above $100 a…
Aurum PropTech has crossed Rs 500 crore in annualised recurring revenue (ARR) and reported its second consecutive quarter of profitability for the January-March period. The adjusted operating margin for the quarter rose to 12.2% from…
Adisoft Technologies' initial public offering (IPO) has been fully subscribed, attracting strong interest from investors on April 23, the first day of bidding. The Pune-based company is raising Rs 74.10 crore through the issuance of…
Shares of Transformers and Rectifiers (India) rose over 3 percent on Thursday following the release of its fourth-quarter results. The stock reached an intraday high of Rs 324.20 on the National Stock Exchange (NSE), up…
The Nifty 50 fell eight-tenths of a percent after a gap-down opening for the second consecutive session, closing below its 50-day EMA on April 23. Rising oil prices amid US-Iran negotiations weighed on sentiment. Momentum…
Infosys reported a net profit of Rs 8,501 crore for Q4 FY26, marking a 28% increase quarter-on-quarter. Revenue for the quarter reached Rs 46,402 crore, up 2% sequentially. Earnings before interest and tax (EBIT) rose…
Russia’s central bank has sold 21.8 tonnes or 22,000 kilograms of gold in 2026 to help fund the country’s widening budget deficit, which reached $61.2 billion by the end of March, according to a Kitco…
Reliance Industries Ltd is projected to report steady fiscal fourth-quarter earnings despite the ongoing war in West Asia, a crucial source of global crude supply. Analysts estimate revenue at Rs 2.81 lakh crore and net…
India Inc. may be entering a new share buyback cycle, as conditions have improved following recent policy changes, according to Pankaj Tibrewal of Ikigai Asset Manager. He noted that favorable tax changes, strong corporate balance…
Infosys' US-listed ADRs fell nearly 6% in pre-market trading on Thursday, despite reporting a strong profit rise in its March-quarter earnings. The Bengaluru-based company announced a 21% year-on-year increase in consolidated net profit to Rs…
The April ceasefire has lifted the BSE SMID 400 index back to its pre-US-Iran war level of around 12,000. Analysts do not expect this relief rally to break the index out of its two-year trading…
Foreign investors (FIIs/FPIs) net sold Rs 3,255 crore worth of Indian equities on April 23. Domestic institutional investors (DIIs) net bought shares worth Rs 941 crore, according to provisional exchange data. During the trading session,…
International brokerage Bernstein has identified structural risks that could hinder India's growth over the next decade. In a letter to Prime Minister Narendra Modi, managing director Venugopal Garre warned that India “risks under-delivering on its…
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…
