Realty firm RMZ on Monday said it plans to invest USD 35 billion over the next five years to develop data centres, AI factories, commercial assets and housing projects and is also considering launching an Initial Public Offering (IPO).Read More

Oil prices jumped back above $100 ​a barrel on Monday as the U.S. Navy prepared to block ships to and from Iran via the Strait of Hormuz in a move that could restrict Iranian oil exports after Washington and Tehran failed to reach a deal to end the war.Read More

Despite recent corrections, the Nifty 50 appears reasonably valued at around 20x earnings, says Ritesh Taksali, though he warns markets are “not out of the woods yet.” Persistent risks from oil prices, inflation, and geopolitics are likely to keep volatility elevated in FY27.Read More

The Strait of Hormuz crisis has severely impacted India’s basmati rice exports to the Middle East, stranding four lakh tonnes of cargo and collapsing vessel traffic by over 90%. Freight charges have surged, and the heavy reliance on the Middle East makes finding alternative markets difficult, exposing a significant concentration risk for Indian agri-exports.Read More

ICICI Prudential Asset Management Company reported 10% YoY Q4 profit growth to Rs 763 crore, driven by higher revenue and improved operating leverage. Annual earnings rose strongly, though sequential profit declined due to lower income despite controlled expenses.Read More

Four BSE 150 Midcap Index stocks, including MCX India, hit 52-week highs even as the broader market fell, with gains of up to 17% in a month, signalling strong momentum in select midcap counters.Read More

Indian government bonds trimmed ​most of their losses ​on Monday, as softer-than-expected inflation data drew in ​late-session buyers, tempering concerns over price pressures following oil’s surge after the collapse of the U.S.-Iran peace talks.Read More

Goldman Sachs posted a rise in first-quarter profit on Monday, ​as the Wall Street bank benefited from strength in ​dealmaking and equities trading.Read More

Geopolitical tensions are impacting global markets. Vinod Karki, Equity Strategist at ICICI Securities, suggests the Nifty index offers a safe haven. The Nifty’s composition, favoring energy producers over consumers, provides resilience. This crisis is seen as a short-term disruption. Largecap companies within the Nifty are better positioned than small and midcaps. Investors should focus on...Read More

The Indian rupee endured its ​steepest fall in two ​weeks on Monday, as oil prices climbed past $100 per ​barrel, while supportive dollar flows for the currency, spurred by banks’ unwinding of arbitrage positions, dissipated.Read More