Day

May 4, 2026
Silver prices plunged Rs 3,917 to Rs 2.47 lakh per kilogram in futures trade on Monday as elevated crude oil rates amid inflation concerns dampened investors sentiment.
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Shares of Kolkata-based companies surged after early trends in the West Bengal Assembly elections showed a strong lead for the BJP. Stocks like Baazar Style Retail, Senco Gold and CESC rallied on expectations of higher consumption and economic activity, although analysts caution that the market impact may remain short term.
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CARE Ratings Limited and National Stock Exchange of India have launched PaRRVA, a framework to verify performance claims in the securities market. Conceptualised by Securities and Exchange Board of India, the platform aims to independently validate risk-return data and standardise disclosures for investors as market participation grows.
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Gold prices are consolidating near key support levels around Rs 1.5 lakh after a brief correction, with analysts recommending a buy-on-dips strategy. Market direction hinges on upcoming US Nonfarm Payrolls data, which could influence dollar strength and interest rate expectations, thereby determining gold’s next breakout or continued range-bound movement.
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Valor Estate shares hit a 20% upper circuit after the Bombay High Court ruled in its favour in a long-pending Bhayandar land dispute. The verdict removes ownership uncertainty over a key land parcel, boosting sentiment. The company is now positioned to explore development and monetisation opportunities linked to the asset.
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Foreign institutional investors increased stakes for four straight quarters in 49 stocks, with 13 delivering sharp gains of up to 353% and five turning multibaggers over the past year. The trend highlights strong institutional conviction, with consistent buying coinciding with significant price outperformance across select large and mid-cap companies.
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Indian stock markets are extending gains but showing signs of slowing momentum. Experts suggest the broader uptrend remains, but caution is advised. The Nifty faces key resistance around 24,300. Real estate is a standout sector, showing early signs of a turnaround after a long downtrend. Future catalysts include rate cycle changes.
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MCX shares fell after SEBI signalled that banks and insurers are unlikely to be allowed into commodity derivatives. SEBI chief Tuhin Kanta Pandey said the regulator won’t push the proposal with Reserve Bank of India.
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Ambuja Cements Q4 results: The company’s revenue from operations in Q4FY26 stood at Rs 10,892 crore, up 10% from Rs 9,894 crore in the corresponding quarter of the previous financial year.
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Australian shares declined on Monday. The S&P/ASX 200 index closed lower. NAB reported a miss in half-year earnings, affecting market sentiment. A2 Milk shares dropped significantly due to a product recall in the US. Investors are cautious before the Reserve Bank of Australia’s policy decision on Tuesday. Energy and mining stocks also saw declines.
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