Ola Electric shares surged significantly on Thursday. This rise follows the company’s announcement of its self-developed Lithium Iron Phosphate cell. This new cell is expected to lower EV costs and boost adoption. Ola Electric’s Gigafactory is also progressing well. The company reported strong sales in March, indicating a demand recovery.Read More

Mary Daly signalled confidence in the U.S. economy even as inflation risks persist due to elevated oil prices and Middle East tensions. Speaking to Reuters, she stressed patience on policy moves, noting strong domestic momentum and no immediate need for rate cuts despite geopolitical uncertainty.Read More

Investors are becoming selective, focusing on earnings visibility and strong balance sheets. Opportunities are emerging in sectors like IT, with a watch on margins. Asset management companies offer stability. Rural consumption shows resilience, while urban demand is mixed. Infrastructure may see future gains from Middle East reconstruction. Aviation faces near-term challenges but promises long-term growth.Read More

Indian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litre respectively, despite a recent excise duty cut. Surging global refining margins, driven by Middle East supply disruptions and Russian infrastructure damage, have exacerbated the situation, leading to frozen retail fuel prices.Read More

Bitcoin hovered near $71,000 after failing to break $73,000, with momentum waning. Major altcoins experienced declines, though some like Tron and Hyperliquid saw minor gains. On-chain data suggests retail investors are accumulating Bitcoin, potentially strengthening the bull market structure, while macro indicators and institutional flows show mixed signals.Read More

Gold and silver prices fell on the MCX on Thursday. This followed minutes from the US Federal Reserve’s meeting indicating a preference for further rate hikes. Investors also watched developments in the Middle East. Gold futures saw a decline, while silver futures plunged. Physical gold rates varied across Indian cities.Read More

Amidst global market jitters, Elixir Equities’ Dipan Mehta advises investors to exercise patience, resisting drastic portfolio changes. He highlights oil prices as a key indicator for market stability. Mehta suggests a cautious approach to banking, favoring PSU banks and diversified NBFCs, while seeing potential in EV-focused auto players and currency-driven exports.Read More

Honasa Consumer shares rose sharply on Thursday after the company posted a strong Q4 business update, with growth expected in the late twenties. Its flagship brand Mamaearth, continues to gain traction, while younger brands and offline channels drive momentum. Profitability is seen as steady with operating leverage benefits.Read More

Global oil markets may be entering a structurally higher price regime, with Brent expected to remain elevated despite a US-led Israel-Iran ceasefire. India faces near-term relief but faces risks of imported inflation and a widening current account deficit. While valuations are attractive, sustained foreign investor inflows hinge on West Asian stability and declining crude prices.Read More

KEC International shares rose sharply on Thursday after the company won Rs 2,518 crore in new orders across civil, transportation and T&D businesses. The newly secured contracts span multiple segments, reinforcing its presence in both domestic and international markets. A standout highlight came from its civil business, which bagged its largest-ever commercial real estate order...Read More