Axis Bank shares fell after a muted Q4FY26, with net profit slipping 0.6% YoY to Rs 7,071 crore, even as both interest income and expenses rose 4.7%, weighing on investor sentiment.Read More
Reliance Industries shares fell over 1% after reporting a 13% YoY drop in Q4 profit despite strong revenue growth. Brokerages remain largely positive, citing recovery potential in O2C, steady retail and digital growth, and improving margins, although near-term pressures persist across segments including energy and petrochemicals.Read More
Global markets brace for a crucial week. Geopolitical tensions involving Iran and the Strait of Hormuz are a major focus. Shifting interest rate expectations from the US Federal Reserve and European central banks add to uncertainty. Big Tech earnings, especially those related to artificial intelligence, will also shape investor sentiment. This convergence of factors promises...Read More
Japanese companies enter earnings season on a strong footing, but Middle East tensions pose risks to growth, inflation, and energy costs. While tech optimism and reforms support equities, caution is rising. Despite resilience in earnings expectations, external uncertainties may slow momentum in what has been a strong market rally.Read More
Senator Thom Tillis has cleared the path for Kevin Warsh’s confirmation as Federal Reserve chair. This follows the Department of Justice’s decision to end its probe into current Chair Jerome Powell. Warsh’s nomination now moves forward, aiming for Senate approval before Powell’s term ends. This development resolves months of uncertainty surrounding the crucial leadership role...Read More
IndusInd Bank shares surged following Q4 results that indicated a potential turnaround, with profit jumping 331% sequentially and asset quality showing signs of stabilization. Several brokerages raised their target prices, citing improved profitability and a strong recovery path, though some remain cautious about the pace of re-rating.Read More
Mining giant Vedanta is set to demerge four businesses into separate listed entities, with May 1 as the record date. Shareholders will receive one share of each new company for every Vedanta share held. While listing dates are unannounced, past demergers suggest a timeline of 3 weeks to several months.Read More
Shares of Cohance Lifesciences surged 20% on Monday after the appointment of former Cipla CEO Umang Vohra as its new Executive Chairman and Group CEO. His leadership is expected to drive transformation, scale operations, and strengthen global partnerships as the company enters its next growth phase.Read More
Paytm shares are set to remain in focus after the RBI cancelled Paytm Payments Bank’s licence, prompting its closure. The company expects no material impact due to the prior separation. While Bernstein flags concerns over regulatory tone, it retains a positive view, seeing limited business disruption and potential licensing opportunities ahead.Read More
Sun Pharmaceutical Industries’ shares surged after announcing the $11.75 billion acquisition of US-based Organon & Co., a global leader in women’s health. This strategic move aims to bolster Sun Pharma’s innovative medicines business and establish it as a top-tier player in biosimilars and women’s health globally.Read More
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