Global oil prices surged nearly 2% as U.S.-Iran peace talks faltered, intensifying concerns over tight supply. Shipments through the vital Strait of Hormuz remain restricted, with analysts warning of potential price spikes to $150 per barrel if disruptions persist. Goldman Sachs has already revised its fourth-quarter forecasts upwards.Read More
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
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