ICICI Prudential Life shares: The company reported a strong Q4, with net profit jumping 58% YoY to Rs 609 crore and announcing a final dividend. For FY26, profit rose 35% to Rs 1,600 crore, aided by gains from selling its stake in ICICI Pension Fund Management Company.Read More
A significant rise in futures open interest indicates a substantial increase in the number of active, unexpired contracts in a given security.Read More
GQG Partners, long bullish on the Adani group, modestly raised stakes in key companies during the March quarter despite mixed stock performance. It increased holdings in Adani Energy Solutions, Adani Green and Adani Enterprises. In contrast, foreign institutional investors and LIC largely maintained or reduced their exposure, reflecting a more cautious stance on the group’s risk-reward outlook.Read More
Oil prices dropped for a second day. Hopes for peace talks between the US and Iran are rising. This could lead to more oil supply. The Strait of Hormuz remains closed. US President Donald Trump mentioned potential talks in Pakistan. This has boosted optimism for resolving the conflict and reopening oil flows. Markets await US inventory data.Read More
Gold prices held steady near a one-week high as investors awaited clarity on U.S.-Iran peace talks. While oil prices dipped and stocks rose on hopes of resumed negotiations, the U.S. dollar’s weakness made gold more attractive. Traders are now factoring in a higher chance of a U.S. rate cut this year, a shift from earlier expectations.Read More
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