Global oil prices surged nearly 2% as U.S.-Iran peace talks faltered, intensifying concerns over tight supply. Shipments through the vital Strait of Hormuz remain restricted, with analysts warning of potential price spikes to $150 per barrel if disruptions persist. Goldman Sachs has already revised its fourth-quarter forecasts upwards.Read More

Five Nifty 500 stocks, including Adani Green Energy and Adani Energy Solutions, closed over 1.5% above their VWAP on April 24, signalling potential bullish momentum. According to StockEdge data, such moves indicate positive market sentiment as prices exceed volume-weighted averages, often tracked by traders for short-term trend confirmation.Read More

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Reliance’s consumer goods arm is seeing strong growth. Daily essentials are now its biggest revenue source, bringing in ₹8,800 crore in FY26. Beverages also performed well. The company’s overall FMCG business is projected to reach ₹22,000 crore in FY26. Campa soft drinks lead the brand sales, with Independence staples following closely. Reliance is expanding its...Read More

Corporate earnings for the March 2026 quarter show strong growth. Aggregate net profit rose double digits, boosted by banking and finance firms. Reliance Industries’ profit declined, but this was offset by other sectors. Revenue growth reached its highest in seven quarters. IT companies also reported significant profit increases. More results are expected soon, offering further...Read More

IDFC First Bank will not raise deposit rates soon after recent cuts. The bank is focusing on growth in mortgage, vehicle, and consumer loans. It also aims to expand its rural banking and priority sector loan book. The microfinance book stress is now under control. The bank is also investing in technology and its mobile...Read More

Technical analysts suggest the Nifty is entering a consolidation phase rather than a reversal, with key support zones expected to hold. Analysts anticipate a trading band between 23,400 and 24,500, with a breakout needed to revive directional strength. The underlying structure remains constructive for a gradual upward move.Read More

The Indian rupee is anticipated to decline further this week, breaking its recent stable trading band. Strong dollar demand, rising oil import costs, and consistent foreign investor withdrawals are pressuring the currency. Despite the Reserve Bank of India’s interventions, the rupee is expected to open significantly weaker on Monday, signaling continued downward pressure.Read More

Indian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial results and news developments. Sun Pharma is set for a major overseas acquisition. NTPC plans nuclear power units, while Adani Green invests in battery storage. Coal India aims to cut imports. Hindustan Zinc and HPCL...Read More

Indian markets faced pressure on Friday, with the Nifty falling below 24,000. Analysts anticipate near-term consolidation. Investor sentiment remains cautious, closely watching West Asia conflict developments. Geopolitical uncertainty is impacting crude oil prices, the rupee, and equity markets. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares.Read More