Websol Energy Systems shares surged after investor Vijay Kedia emerged in its latest shareholding data with over 1% stake. The development boosted sentiment, driving strong short-term gains. The company also plans to consider a dividend, while long-term stock performance remains volatile despite significant multiyear returns in recent years.Read More
HCL Technologies shares plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT major missed revenue, margin, and guidance targets, triggering widespread broker downgrades and price target cuts. Analysts are scrambling to reprice the stock amid concerns over client-specific headwinds and AI-driven deflation.Read More
The Indian rupee weakened alongside other oil-sensitive Asian currencies, with expectations of central bank intervention to curb volatility and support the currency.Read More
US markets remain cautious as Fed nominee Kevin Warsh navigates a political standoff that clouds his confirmation and raises uncertainty over future monetary policy.Read More
Nestlé India shares rose on a strong Q4 beat, with brokerages highlighting robust volume-led growth and margins, though most maintain neutral views given premium valuations despite positive earnings momentum.Read More
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