The S&P 500 and Nasdaq reached record highs Friday, fueled by optimism for U.S.-Iran peace talks and a surge in Intel shares. Semiconductor stocks continued their rally, with Intel hitting a record. Attention now shifts to the upcoming Federal Reserve meeting for clues on interest rate cuts.Read More
Reliance Industries reported an 8.1% drop in March quarter profit. Geopolitical issues impacted the energy business. However, telecom and retail units performed well. Full-year profit saw an 18.5% rise. Jio Platforms and Reliance Retail showcased significant growth. The company declared a dividend for FY26.Read More
In a remarkable financial turnaround, IndusInd Bank reported a net profit of ₹594 crore for the quarter ending March 2026. This surge was largely due to lower provisions and effectively managed loan slippages. For the entire fiscal year FY26, the bank’s profit reached ₹889 crore.Read More
JP Morgan has downgraded India to neutral. Elevated valuations and earnings risks are cited. HSBC also downgraded India. Inflationary pressures and demand concerns may impact growth. India’s historical premium is facing challenges. Other emerging markets offer cheaper entry points for similar growth.Read More
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