The rupee experienced a modest decline as escalating tensions between the U.S. and Iran pushed oil prices higher, negatively impacting local stocks and bonds. Regional markets also faced pressure amid renewed conflict in the Middle East, threatening the fragile ceasefire. Elevated energy prices and weak capital inflows continue to weigh on the rupee.Read More
Anand Rathi Wealth announced a 1:1 bonus share issue and a final dividend of Rs 7 per share for the financial year 2026. The company’s board approved these proposals. The bonus shares will be issued from free reserves. The company also reported strong Q4 FY26 results with a 40.5% year-on-year profit increase. Shares saw a jump following the announcements.Read More
Ace Investor Sunil Singhania-backed Abakkus Flexi Cap Fund added Heritage Foods in the quarter ended March, picking nearly 13 lakh shares that account for 1.4% equity in the company.Read More
Indian stock markets are showing strength despite global tensions. Technical analysts see a positive market structure and potential stock gains. Nifty faces resistance at 24,000 but has strong support at 22,800. Vedanta and NTPC Green are highlighted as potential investments. The IT sector may have priced in negative news, with Infosys seen as an attractive buy before TCS results.Read More
Just when investors began to breathe easy on hopes that a two-week ceasefire would cool oil prices, markets were jolted back to reality, with crude once again hovering near the $100 mark.Read More
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