Larsen & Toubro will sell its stake in L&T Metro Rail Hyderabad. The deal is valued at Rs 1,461.47 crore. This transaction will make L&T Metro Rail Hyderabad no longer a subsidiary. The sale is expected to conclude by June 30. Hyderabad Metro Rail Limited will refinance the existing debt. L&T’s corporate guarantee will be...Read More

Indian investors remain hesitant about overseas investing due to taxation complexities and operational ambiguity. Expert Himanshu Kohli advises a strategic approach to global allocation, emphasizing rebalancing over timing. Opportunities lie in emerging markets and select US tech, energy, and defense sectors.Read More

A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a given period and the closing price is the highest.Read More

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Vedanta shares will trade ex-demerger today. A special session will adjust prices. Four new entities will list soon. This restructuring aims to unlock value. Investors should focus on future listings. Vedanta’s Q4 results showed strong profit growth. The demerger is a significant corporate move in India’s metals sector.Read More

India’s state-run oil refiners are sparingly using a special FX credit line from State Bank of India, designed to support the rupee. Refiners are hesitant due to expectations of further rupee depreciation, which would increase their repayment costs. This cautious approach comes as the rupee faces renewed pressure, partly from oil-related dollar buying.Read More

US equity futures rose, driven by tech giants and AI trade, while oil prices surged amid escalating Iran war uncertainty. The Federal Reserve held rates steady, revealing a hawkish tilt, as traders navigate a volatile market with upcoming central bank decisions and megacap earnings.Read More

Indian markets anticipate the US Fed’s decision and election exit polls today. Key companies including HUL, Bajaj Finance, and Adani Power will be watched closely. Adani Green plans significant battery storage expansion. Jaguar Land Rover faces a refund order. Vedanta foresees increased aluminium production costs due to geopolitical tensions.Read More

Indian markets opened firm on Wednesday, buoyed by global cues and easing geopolitical tensions. However, gains were capped by surging crude oil prices and a weak rupee. Investor sentiment remains cautious ahead of state election exit poll results, with final outcomes expected to add to market volatility.Read More

Oil prices extended gains as concerns mount over prolonged supply disruptions from the Middle East due to the U.S.-Iran conflict. Talks to end the war have deadlocked, with the Strait of Hormuz remaining largely blocked. The UAE’s withdrawal from OPEC is also expected to impact the group’s price control ability.Read More