The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said.However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added.Read More
Foreign institutional investors (FIIs) remained net sellers for the tenth straight month in April, offloading around Rs 70,100 crore worth of Indian equities. So far in calendar 2026, overseas investors have pulled nearly Rs 2.4 lakh crore from local equities, pressured by a weaker rupee, rising US yields and crude oil hovering above $110 a barrel amid the Iran conflict.Read More
IDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of uncertainty to the timing and pricing of the divestment.Read More
Crude oil futures fell sharply on Friday from 4-year highs after Iran signalled a proposal to resume negotiations with the U.S., though prices remained on track for weekly gains as Tehran continued to block the Strait of Hormuz and the U.S. Navy maintained restrictions on Iranian crude exports.Read More
Berkshire Hathaway holds a huge Rs 31.8 lakh crore in cash. This is Greg Abel’s first major test as CEO. Abel stated Berkshire’s operating philosophy will not change. The company’s cash reserves grew despite stronger first-quarter earnings. Berkshire has not made a large deal in years. Investors watch for Abel’s capital allocation decisions.Read More
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