Five Nifty 500 stocks, including Adani Green Energy and Adani Energy Solutions, closed over 1.5% above their VWAP on April 24, signalling potential bullish momentum. According to StockEdge data, such moves indicate positive market sentiment as prices exceed volume-weighted averages, often tracked by traders for short-term trend confirmation.Read More
Reliance’s consumer goods arm is seeing strong growth. Daily essentials are now its biggest revenue source, bringing in ₹8,800 crore in FY26. Beverages also performed well. The company’s overall FMCG business is projected to reach ₹22,000 crore in FY26. Campa soft drinks lead the brand sales, with Independence staples following closely. Reliance is expanding its product range across various categories.Read More
Corporate earnings for the March 2026 quarter show strong growth. Aggregate net profit rose double digits, boosted by banking and finance firms. Reliance Industries’ profit declined, but this was offset by other sectors. Revenue growth reached its highest in seven quarters. IT companies also reported significant profit increases. More results are expected soon, offering further insights.Read More
IDFC First Bank will not raise deposit rates soon after recent cuts. The bank is focusing on growth in mortgage, vehicle, and consumer loans. It also aims to expand its rural banking and priority sector loan book. The microfinance book stress is now under control. The bank is also investing in technology and its mobile app for future growth.Read More
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