Asian stocks opened higher, with South Korea leading gains, while crude oil fluctuated amid mixed Middle East signals. Strong tech earnings supported US equity futures, which traded with caution after record highs. Markets reacted optimistically to President Trump’s statement on guiding ships through the Strait of Hormuz, though Iran issued a warning.Read More
Markets closed the week with modest gains amidst a volatile trading environment. Key domestic triggers include financial results from Kotak Mahindra Bank, DMart, and Nestle India, while global cues like crude oil prices and the rupee’s movement will be closely watched. Vodafone Idea’s AGR chapter closure and Coal India’s production dip are also significant.Read More
Three top-notch hospitals in Mumbai and a famous international spiritual organisation-all functioning as charitable trusts-have been denied Income tax (I-T) exemption on the grounds that they were carrying out commercial activities.Read More
Indian stock markets may see continued gains in May. Investors should resist the urge to sell. While a repeat of April’s strong rally is unlikely, key indices have historically performed well in May. Moderate, stock-specific moves are expected. Elevated oil prices and a strong dollar could limit significant upside.Read More
According to Citi, this creates positive implications for both minority shareholders and potential debt providers. The brokerage expects this development to materially improve the company’s ability to secure funding for its next phase of network rollout.Read More
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