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According to Nimesh Chandan, the Chief Investment Officer at Bajaj Finserv AMC, there may be a small downgrade in FY27 earnings estimates, but FY28 estimates may not be affected much. He noted that every passing…
Indian equity benchmarks, the BSE Sensex and Nifty 50, are likely to see a muted start on April 17, tracking positive cues from GIFT Nifty, which is trading flat at around 24,160.50. Indian equity indices…
Source: Reuters (via feed) The German government has cut its growth forecasts for 2026 and 2027, a source told Reuters. Inflation projections have been raised. This change is linked to the Iran war. The conflict…
Source: Reuters (via feed) India began counting its population on Thursday. The census targets the country's estimated 1.4 billion people. It is the world's largest population count. The exercise was delayed for years. One reason…
Source: Reuters (via feed) Hedge funds are on course for their best monthly returns in over a decade, according to Goldman Sachs' latest quarterly hedge fund industry report. The sector experienced a market downturn in…
Citius TransNet Investment Trust announced it has mobilised Rs 497.25 crore from anchor investors ahead of its initial public offering (IPO). The InvIT attracted participation from various investors, including Prazim Trading and ASKWA Income Opportunities…
Paul Tudor Jones states, "The most important rule of trading is to play great defence, not great offence." This principle emphasizes that seasoned traders prioritize survival and consistency over aggressive bets. A defensive mindset focuses…
Source: Reuters (via feed) An Israeli strike shattered the last bridge linking southern Lebanon to the rest of the country, a senior Lebanese security official said. The official told Reuters the strike "shattered" the bridge…
Wipro's March quarter earnings prompted a negative response from Jefferies, which described the performance as weak and the guidance as lacklustre. The company's US-listed ADRs fell nearly 3% following the results. Wipro's fourth-quarter revenue growth…
Allbirds Inc.’s shift from wool sneakers to artificial intelligence infrastructure has resulted in a significant stock decline. Shares fell as much as 31% on Thursday, following a more than 582% surge the previous day. Nearly…
Nippon India Asset Management and Theleme India Master Fund have purchased an additional 2.26 percent equity stake in Sudarshan Chemical Industries via open market transactions on April 16. Sudarshan Chemical shares increased by 7.74 percent…
The Nifty 50 closed moderately lower on April 16 after a day of sharp rally, as participants awaited clarity on US–Iran negotiations. The index saw a gap-up opening at 24,385 but corrected to 24,103 before…
Source: Reuters (via feed) The ongoing conflict involving Iran has created a significant split in global oil markets. Physical crude oil prices have reached record highs. In contrast, futures benchmarks have remained stable and calm.…
MIC Electronics shares rose 3 percent on Thursday after the company secured fresh orders from Indian Railways. The total value of the orders stands at about Rs 2.22 crore. The stock settled at Rs 41.90…
Zerodha traders saved Rs 25,620 crore in brokerage between 2016 and 2025 due to the firm's zero brokerage on delivery trades feature, according to founder and CEO Nithin Kamath. He stated that the company's decision…
Shares of Suzlon Energy have surged 20% in a month, with JM Financial identifying the company as an "unintended beneficiary" of the war between Iran and the US. JM Financial sees another 30% upside potential…
Shares of Billionbrains Garage Ventures, the parent of Groww, declined 2% to hit their intraday low of Rs 203 on the BSE on Thursday. This drop ended the stock’s five-day winning streak, during which it…
Indian stock markets experienced a significant decline on Thursday, with the Sensex dropping more than 740 points and the Nifty falling over 204 points from their highs. The Sensex closed down around 123 points at…
European shares edged higher on Thursday as growing optimism about a potential resolution to the Middle East conflict lifted market sentiment. Investors assessed corporate earnings reports across the region. Major regional markets rose, with France's…
Markets regulator Sebi has extended the registration validity for not-for-profit organisations on the Social Stock Exchange, allowing their enrolment as NPOs for three years without raising funds. The minimum subscription requirement for issuing Zero Coupon…
Akshaya Tritiya 2026 falls on April 19, with the auspicious gold-buying muhurat beginning at 10:49 am and continuing until 6:14 am on April 20. This day symbolizes prosperity and new beginnings, making gold purchases significant.…
Veteran investor and BSE member Ramesh Damani expects a more stable period of gains over the next three to six months, believing the worst phase of geopolitical disruption is now behind markets. He named defence,…
A $3 billion fund at Kotak Mahindra Asset Management Co. is backing Indian defense stocks, wagering that geopolitical tensions will boost local arms production and support the government’s efforts to lower reliance on imports. Recent…
Source: Reuters (via feed) Shares of Sigenergy Technology, a Chinese energy storage systems maker, are set to open 79.2% higher in their Hong Kong market debut on Thursday. The company raised HK$4.4 billion, equivalent to…
Shares of Gujarat Mineral Development Corporation (GMDC) rallied as much as 18% to hit a fresh 52-week high of Rs 736 on the BSE on Thursday, extending gains for a third trading session in a…
