Broader markets are experiencing a significant rally in April, with smallcap stocks outperforming benchmarks. Several smallcap companies, including Ola Electric, Gallantt Ispat, and Welspun Corp, have seen substantial gains of up to 57% this month, recovering from the March selloff.Read More
PSU bank stocks fell up to 3% on Tuesday after RBI confirmed the rollout of the Expected Credit Loss (ECL) framework from April 2027, triggering concerns over higher provisioning and capital impact. Brokerages warn of a potential 5–10% hit to net worth, though phased implementation may soften the immediate blow.Read More
The Senate Banking Committee is scheduled to vote on Kevin Warsh’s nomination to lead the Federal Reserve, a key procedural step expected to advance his candidacy to the full Senate. This move comes as the Fed concludes a policy meeting, potentially positioning Warsh to take over by May 15.Read More
The Iran war’s economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal strain are evident globally. While some commodity exporters see gains, many developing nations face currency depreciation and increased borrowing costs, demanding significant financial aid.Read More
Adani Total Gas shares saw a significant jump following strong financial results. The company reported a 9% rise in net profit for the January-March quarter of FY26. Revenue also grew by 17% year-on-year. This positive performance, driven by higher volumes, led to an 8% surge in the company’s stock price. Adani Total Gas also announced a dividend for its shareholders.Read More
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