Day

April 9, 2026
The rupee experienced a modest decline as escalating tensions between the U.S. and Iran pushed oil prices higher, negatively impacting local stocks and bonds. Regional markets also faced pressure amid renewed conflict in the Middle East, threatening the fragile ceasefire. Elevated energy prices and weak capital inflows continue to weigh on the rupee.
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Anand Rathi Wealth announced a 1:1 bonus share issue and a final dividend of Rs 7 per share for the financial year 2026. The company’s board approved these proposals. The bonus shares will be issued from free reserves. The company also reported strong Q4 FY26 results with a 40.5% year-on-year profit increase. Shares saw a...
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Ace Investor Sunil Singhania-backed Abakkus Flexi Cap Fund added Heritage Foods in the quarter ended March, picking nearly 13 lakh shares that account for 1.4% equity in the company.
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Indian stock markets are showing strength despite global tensions. Technical analysts see a positive market structure and potential stock gains. Nifty faces resistance at 24,000 but has strong support at 22,800. Vedanta and NTPC Green are highlighted as potential investments. The IT sector may have priced in negative news, with Infosys seen as an attractive...
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Just when investors began to breathe easy on hopes that a two-week ceasefire would cool oil prices, markets were jolted back to reality, with crude once again hovering near the $100 mark.
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An IT services major Wipro announced it will consider a share buyback alongside its Q4 results on April 16. This move follows a significant stock price decline and investor concerns about cash return versus AI investments.
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TCS Dividend News: Tata Consultancy Services declared a final dividend of Rs 31 per share for the financial year ending March 31, 2026. The IT giant reported a 12% year-on-year growth in its consolidated net profit for the March quarter. Revenue also saw a 10% year-on-year increase. The company’s operating margin reached its highest in...
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TCS Q4 Results 2026: Tata Consultancy Services announced a 12% year-on-year increase in its consolidated net profit, reaching Rs 13,718 crore for the fourth quarter. The IT services giant also reported a 10% YoY revenue growth to Rs 70,698 crore, bolstered by three mega deals worth $12 billion. The company declared a final dividend of...
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Gold and silver are stabilising after steep declines triggered by the West Asia conflict, but the fragile ceasefire has kept traders cautious. While easing crude prices and a softer dollar offer relief, experts say sustained gains will depend on inflation trends, Fed policy signals and whether geopolitical tensions continue to cool.
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Indian IT firms face a period of measured growth in FY27. Global economic uncertainty and geopolitical risks are key challenges. While AI presents opportunities, its impact on revenue is not yet significant. Mid-cap IT companies show promise. According to Sumeet Jain of CLSA India, the sector’s near-term outlook depends more on macro stability than AI...
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