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Oil prices surged past $100 a barrel after reports of gunfire attacks on three container ships in the Strait of Hormuz. This comes amid ongoing tensions and a potential extension of a ceasefire with Iran. Meanwhile, the Druzhba oil pipeline’s readiness to resume operation is contrasted with Russia’s reported halt of Kazakh oil exports to Germany.
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Sensex and Nifty have overall begun the new financial year 2027 on a positive note, recovering some of the losses which were recorded during the sharp downturns of March.
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Bitcoin anchors India’s crypto portfolios, leading allocations and trades. States show diverse strategies, from balanced and stability-focused to high-risk growth, with urban centres driving adoption and participation steadily expanding nationwide.
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Vedanta’s long-awaited demerger kicks in with May 1 as the record date and April 30 as the ex-date, determining investor eligibility. Shareholders will receive four new stocks for every Vedanta share held. Listing of the demerged entities is expected within 4–8 weeks, subject to regulatory approvals.
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Infosys anticipates a subdued March quarter, with revenue growth slowing due to seasonal factors, though full-year targets remain achievable. Investors are keenly awaiting FY27 guidance and insights into AI’s impact and discretionary spending trends amid global uncertainties. A strong deal pipeline offers a positive outlook for future growth.
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