The Nifty has reached a significant point of maturity. This suggests a strong bottom is in place. Analysts believe this sets the stage for the next phase of a bull market. The Nifty target has been revised upwards. Historically, major corrections have bottomed out and led to substantial rallies.Read More

Irdai has maintained the mandatory 4% cession rate for FY27, directing general insurers to place this share with GIC Re. This decision aims to solidify GIC Re’s position in India’s reinsurance market, despite the entry of new domestic players like Jio-Allianz Re and Valueattics Re, who are poised to challenge its dominance.Read More

The Securities and Exchange Board of India has approved IPOs for four companies, including Avaada Electro, Brookfield-backed Avaada Group’s solar PV manufacturing arm. Chennai-based Grand Housing will launch an entirely offer-for-sale IPO by its promoter. Sebi provided observations for Avaada Electro’s confidential DRHP filed in October 2025.Read More

Gautam Adani has officially claimed the title of Asia’s wealthiest individual, overtaking Mukesh Ambani with a net worth of $92.6 billion as of April 16. The surge in Adani Group stock prices has fueled this remarkable comeback after earlier hardships. Adani now proudly ranks 19th on the prestigious Bloomberg Billionaire Index, highlighting a significant turnaround...Read More

S&P 500, Nasdaq and Dow hit fresh records as optimism over a possible Iran-US deal and Strait of Hormuz reopening sent oil prices down, easing inflation and boosting equities.Read More

Kailera Therapeutics shares surged 62.5% in their Nasdaq debut after raising $625 million in a U.S. IPO priced at the top end of its range. Strong investor demand reflects growing excitement around weight-loss and GLP-1 drugs, a market expected to expand rapidly as firms challenge pharma giants like Eli Lilly and Novo Nordisk.Read More

AEVEX made a striking entrance on the New York Stock Exchange, with its shares jumping 15% on debut. This significant increase points to a heightened investor enthusiasm for companies in the defense industry, especially given the current global unrest.Read More

Just ahead of pivotal updates concerning the Strait of Hormuz and Iran, lucrative oil trades totaling millions were executed, raising eyebrows among U.S. officials. Such timely trades have prompted a thorough investigation into several oil futures transactions made right before key policy changes, with the U.S. Commodity Futures Trading Commission now scrutinizing the details of...Read More

Global oil markets have lost over 500 million barrels since the Iran conflict began, worth nearly $50 billion. Supply disruptions across the Gulf have tightened inventories and hit exports sharply. Despite partial ceasefire signals and Strait of Hormuz reopening, analysts expect recovery to be slow, with lasting energy market shocks.Read More

Kadimi Tool Manufacturing Co. , a player in the fastener and cold forging industry, recently made its first global acquisition with the US-based Rol-flo Engineering Inc.Read More