Indian shares saw little movement on Friday. Financial sector losses countered gains in mining stocks. Investors remained cautious. This followed Iran’s rejection of a US proposal. Global markets have been unsettled by ongoing conflict. The benchmark S&P/ASX 200 index experienced a slight dip. However, it managed to end a three-week losing streak.Read More
The Indian government has reduced excise duty on petrol and scrapped it on diesel, offering relief to oil marketing companies amid volatile global crude prices. This strategic move cushions companies from significant losses, allowing them to operate near break-even levels and ensuring earnings visibility and dividend sustainability.Read More
Indian Renewable Energy Development Agency (IREDA) shares dipped nearly 3% after announcing an interim dividend of Rs 0.60 per equity share for FY26. The record date for this dividend has been set for April 2. The company also recently increased its borrowing plan for FY26 and FY27.Read More
Jefferies’ Christopher Wood exits HDFC Bank from key portfolios following concerns triggered by chairman Atanu Chakraborty’s resignation. The move comes amid governance questions, regulatory scrutiny and a broader reduction in India exposure. Global brokerages have also turned cautious, citing macro risks and potential earnings downgrades in the market.Read More
Japanese government bond yields surged Friday, with five-year yields reaching a record high. Escalating Middle East conflict and revised Bank of Japan data indicating persistent inflation concerns prompted investors to anticipate faster and higher rate hikes. This led to a broad increase across various JGB maturities.Read More
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