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The RBI has cancelled Paytm Payments Bank’s license. This formal step concludes a process that began in 2022. The winding-down process is now underway. However, your Paytm app and its payment services are a separate entity and will continue to function. This is because they operate under a different license. Depositors and wallet users will...
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Varun Beverages, a Pepsi bottler, announced a strong performance for the March quarter. The company’s net profit saw a significant 20% year-on-year increase. Alongside these results, Varun Beverages declared an interim dividend for the fiscal year 2026. The record date for this dividend has been set for May 1, 2026.
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RBL Bank shares fell despite a strong Q4FY26, where net profit tripled to Rs 230 crore. The decline came as margins weakened, with NIM slipping to a five-quarter low, even as NII and operating profit posted moderate growth.
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Investor sentiment is stabilizing, shifting focus from dominant tech stocks to broader market participation. Anurag Singh of Ansid Capital highlights market resilience despite geopolitical tensions, noting a move beyond Iran concerns and a potential shift away from the ‘Magnificent Seven’ towards a more diversified rally.
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Investor sentiment is stabilizing, shifting focus from dominant tech stocks to broader market participation. Anurag Singh of Ansid Capital highlights market resilience despite geopolitical tensions, noting a move beyond Iran concerns and a potential shift away from the ‘Magnificent Seven’ towards a more diversified rally.
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Bitcoin is trading near the $77,000 to $79,000 mark. Nine consecutive days of strong inflows totaling over $2.1 billion show renewed institutional confidence. Easing geopolitical tensions also boost investor sentiment. Analysts suggest this could be Bitcoin’s best April since 2020 if momentum continues. A move above $80,000 is seen as a key confirmation for further...
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Adani Power and Tata Power shares surged as soaring temperatures across India fuel expectations of stronger power demand. Heat wave alerts have been issued for several regions, with daytime temperatures reaching up to 45°C. Experts warn of a strong El Niño ahead, which historically leads to heightened power demand and benefits power stocks.
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Shares of Hindustan Zinc surged nearly 5% on Monday after the company posted a strong Q4 FY26 performance, with profit soaring 68% YoY and revenue rising 49%. Record metal production, industry-leading EBITDA margins, and the announcement of an interim dividend further lifted investor sentiment.
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India Cements shares surged after Q4 net profit jumped 300% YoY to Rs 60 crore, driven by a sharp rise in EBITDA, even as revenue growth remained modest at 3%.
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Indian government bonds experienced a dip early Monday as hopes for a US-Iran diplomatic breakthrough faded. This geopolitical uncertainty, coupled with rising oil prices due to supply anxieties, is impacting import-sensitive markets like India. Investors are also closely watching global monetary policy decisions this week, while domestic swap rates remained steady.
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