Bitcoin surged past the $80,000 mark, driven by a combination of institutional demand, shrinking supply, and a decline in oil-driven inflation hedges. Geopolitical de-escalation also contributed to a risk-on sentiment, boosting the cryptocurrency’s performance despite some volatility in major altcoins.Read More

Yotta Data Services is planning a Mumbai IPO to raise up to $900 million, with a potential $300 million pre-IPO round. Backed by rising AI-driven demand for data centres, the company is targeting a $6 billion valuation amid strong investor interest in India’s expanding digital infrastructure and data centre market.Read More

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Mumbai’s property market recorded its best April in over a decade, surprising observers with record housing registrations. This resilience defies a national slowdown, fueled by pent-up demand and a shift towards mid-income housing. While ultra-luxury remains strong, the overall market shows signs of a potential turning point. Experts suggest this momentum may not last indefinitely...Read More

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Smallcap stocks outperformed on Tuesday despite weak broader markets, with Wockhardt, Tata Tech and CAMS gaining up to 11% on strong Q4 earnings. While Nifty 50 slipped below 24,000 amid global concerns, improving momentum and technical indicators signal potential continued strength in the smallcap segment, according to Emkay.Read More

Indian government bonds declined Tuesday, with the benchmark 10-year note facing its sixth consecutive day of losses. Renewed attacks in the Gulf pushed oil prices higher, negatively impacting India’s macro outlook and increasing the country’s import bill. Analysts anticipate further yield increases if the conflict persists.Read More

Motilal Oswal has identified 10 Nifty stocks with strong upside potential, including Eternal and Infosys. Following India’s underperformance and FII outflows in FY26, a favorable base is set for equities. A resolution to the Iran-Israel conflict is expected to boost sentiment and help markets recover.Read More

IPO investors are bracing for a significant wave of lock-in expiries between May and August, with shares of 83 newly-listed companies valued at $55 billion becoming eligible for trade. This period will see major companies like Lenskart, Groww, and Pine Labs experience their lock-in periods ending, potentially impacting market dynamics.Read More

Sobha Ltd’s shares surged as its Q4 net profit more than doubled to Rs 92 crore, a 124% year-on-year increase. Revenue also climbed 29% to Rs 2,030 crore, driven by strong sales in Bengaluru and NCR. The company highlighted resilient demand for premium housing and a strategic land bank for future growth.Read More