Indian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in focus due to news and Q4 results. Granules India faces US regulator scrutiny, while SpiceJet is ordered to pay $8 million to an engine lessor.Read More
Indian stock markets saw a dip on Thursday. Investors are watching developments in West Asia. Near-term support might come from easing tensions and stable oil prices. However, a sustained recovery depends on the US-Iran situation, energy prices, and liquidity. The India VIX, a fear gauge, increased. Foreign investors were net sellers.Read More
GIFT City’s ambition to be a share listing hub faced a challenge. XED Executive Development withdrew its IPO after failing to attract enough bids. This withdrawal highlights issues with investor onboarding and participation rules. Experts suggest changes to boost IPO success in Gandhinagar’s international finance centre.Read More
TCS reported a 12% net profit rise to ₹13,718 crore in Q4, exceeding expectations despite a 2.4% annual revenue decline in constant currency terms for FY26. The company saw strong AI revenue growth, crossing $2.3 billion, and secured significant deal wins, signaling a potential turnaround amidst cautious optimism.Read More
Oil prices edged up and Asian stocks saw a modest gain as investors remained cautious amid a shaky Middle East ceasefire ahead of US-Iran talks. President Trump threatened Tehran over vessel fees for the Strait of Hormuz, while technology shares rallied. Market sentiment hinges on the ceasefire’s durability and smooth oil flows.Read More
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