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

Goldman Sachs has raised oil price forecasts due to severe inventory draws caused by the Strait of Hormuz closure. Analysts predict Brent crude will average $90 a barrel in Q4, citing massive Persian Gulf production losses. The ongoing conflict is significantly impacting global supply, leading to record drawdowns and threatening inflation.Read More

Infosys, once a market leader, has lost significant value and exited India’s top 10 companies. Investors are concerned about future growth and client spending. Artificial intelligence presents both opportunities and challenges. The IT sector is undergoing a transformation, impacting established players. Infosys is adapting to these evolving market dynamics.Read More

South Korea’s stock market has crossed a significant milestone, exceeding 6,000 trillion won in total capitalization. This surge is largely fueled by strong anticipation for the semiconductor sector. Major companies like Samsung Electronics and SK Hynix are performing well, contributing to the market’s bullish run. Investors are focusing on upcoming corporate earnings, indicating continued market...Read More

IT services major Wipro announced a Rs 15,000 crore share buyback at Rs 250 per share, a premium of over 25% to its previous closing price. Brokerages recommend participation, projecting potential net returns of 8-14% for retail investors within 2-3 months, citing high acceptance ratios based on past trends.Read More

Gold and silver prices opened lower on MCX as rising crude oil prices and stalled U.S.-Iran talks heightened inflation and rate hike concerns. Analysts expect volatility, with key support and resistance levels identified. Despite inflation hedging traits, higher interest rates may limit gold’s upside in the near term.Read More