Day

May 4, 2026
Wall Street indexes experienced a slight decline at the market open on Monday. Investor anxiety surrounding the Middle East conflict overshadowed the positive sentiment from last week’s earnings reports. The Dow, S&P 500, and Nasdaq Composite all saw minor drops in early trading.
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The rupee’s slide to fresh record lows and oil above $100 has prompted the RBI to revisit crisis-era tools from 2013, including a special NRI dollar deposit window and possible tax relief for foreign bond investors. With reserves dipping and outflows rising, the central bank is exploring ways to attract fresh dollar inflows.
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Five BSE 100 stocks, including Adani Power, Adani Ports, Nestle India, Cummins India and Bajaj Auto, hit fresh 52-week highs after rallying up to 40% over the past month.
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Walter Schloss highlights that investing demands humility, as markets quickly expose mistakes through immediate feedback. Rather than avoiding errors, successful investors learn from them—using humility to adapt, cut losses, and refine strategies.
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Vijay’s TVK is set to reshape Tamil Nadu’s political landscape, prompting investors to assess what a “Thalapathy government” could mean for industry and markets. With the state being a key auto, electronics and export hub, policy clarity on incentives, welfare spending and governance will drive sentiment for TN-linked companies.
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Sohum Asset Managers is shifting its focus to largecap stocks for safety. The fund is overweighting domestic businesses and underweighting global ones. This strategy has benefited performance. Reliance Industries is a key bet, with significant upside expected. Private sector banks also form a large part of the portfolio. The fund is avoiding FMCG due to...
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Jindal Stainless has seen a significant profit increase of 42.7 percent in its fourth quarter. This growth is attributed to robust domestic demand for its stainless steel products. The company’s net revenue also saw a healthy rise. Despite challenges like fuel shortages and shipping delays, Jindal Stainless is expanding its production capacity.
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Indian markets closed higher as election trends boosted sentiment. Stocks such as Valor Estate, BHEL, and Vedanta surged, whereas Sun TV, Avenue Supermarts, and Kotak Bank declined.
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Wall ​Street futures whipsawed on Monday after conflicting reports about a U.S. warship near the Strait of Hormuz heightened investor anxiety over the Middle East conflict.
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