Tata Consultancy Services is poised to report a 4% sequential revenue growth for the March quarter, its highest in nine quarters, largely driven by rupee depreciation. Despite a negative investor sentiment towards the IT sector due to AI advancements and geopolitical tensions, TCS’s dollar revenue is expected to see a five-quarter high growth.Read More

Adani Group stocks surged as Gautam Adani sought dismissal of a US SEC civil fraud case. Adani Green Energy led gains, jumping 12%. A US court granted Adani’s request to schedule a hearing on his plea to dismiss the case, citing lack of personal jurisdiction and failure to state a claim.Read More

Markets surged for the fourth consecutive session, buoyed by favorable geopolitical cues. Key stocks like TCS, HDFC Bank, ITC Hotels, Hyundai India, and Adani Enterprises are in focus due to Q4 results and news developments. Analysts emphasize the need for continued buying and stable crude oil prices for sustained gains.Read More

Benchmark indices rallied on April 8, buoyed by firm global cues and a sharp decline in crude oil prices following a US-Iran ceasefire announcement. Analysts suggest sustaining above the 20-day EMA and the Wednesday bullish gap area will maintain a positive bias, potentially pushing the index towards 24,300 and 24,700.Read More

The Reserve Bank of India is opening up the term money market to a wider range of financial institutions, including specialized government-backed entities like Nabard and Sidbi. Previously exclusive to banks and primary dealers, this move aims to refine interest rates and boost market liquidity. Additionally, borrowing limits for standalone primary dealers are being increased.Read More

Indian equity indices surged significantly on Wednesday, with the Sensex and Nifty experiencing their strongest single-day gains in years. This rally was fueled by relief over a US-Iran ceasefire, leading to a drop in oil prices and easing inflation concerns. The market capitalization of BSE-listed companies increased by ₹16.1 lakh crore.Read More

Titan Company shares surged to a record high on Wednesday. This jump followed a strong business update for the March quarter. The jewellery division saw significant growth, driven by Tanishq and Mia. Buyer growth improved, and higher average ticket sizes boosted revenue. The watches division also reported growth, particularly in analogue watches.Read More

Asian markets are subdued as a fragile Gulf ceasefire shows signs of breaking. Oil prices are rising again, signaling prolonged inflation. Investors are cautious as the Strait of Hormuz remains under threat. This instability impacts global markets, with oil futures seeing an uptick. Inflationary pressures are expected to persist, influencing central bank decisions on interest...Read More