Wipro announced a Rs 15,000-crore share buyback at Rs 250 per share, offering a 22% premium. Retail investors could see returns of 11-13% with an expected 50-60% acceptance ratio. This tender route buyback, the first in three years, reserves 15% for small shareholders, potentially boosting their returns significantly.Read More

Trent Ltd. is entering a more measured growth phase after sharp expansion, with Q4 performance showing improved margins due to operational efficiency and a better brand mix. While Zudio continues its rapid store additions, declining revenue per square foot signals a potential plateau in margin expansion.Read More

Bitcoin is inching towards the $80,000 mark. Strong inflows into Bitcoin ETFs are supporting this rise. Major cryptocurrencies like Ethereum and altcoins are experiencing varied price movements. Investors are showing steady interest, with short sellers facing liquidations. The crypto market capitalization remains stable. Geopolitical easing and on-chain data also contribute to the positive sentiment.Read More

Indian government bonds experienced a decline on Thursday. Traders are factoring in the economic risks associated with oil prices exceeding $100 a barrel. Tensions in the Middle East have disrupted a key energy shipping route. This situation is expected to impact India’s inflation forecasts and growth prospects. The rupee also weakened, and stock markets saw...Read More

Adani Power shares surged over 44% in April, driven by rising temperatures and expectations of strong power demand. Heatwave forecasts and a potential El Nino impact have boosted sentiment. Brokerages highlight increased electricity consumption trends, positioning power stocks as key beneficiaries of extreme weather conditions this summer.Read More

Groww’s stock surged following robust March quarter results. The company reported significant year-on-year growth in net profit and revenue. Analysts from Jefferies and Motilal Oswal recommend buying the stock, citing strong user adoption and market share gains. However, JM Financial maintains a sell rating, suggesting the current valuation is high despite future growth projections.Read More

Dipan Mehta advises caution on large-cap IT due to AI disruption, favoring midcap players like Persistent Systems and Tata Elxsi. While Trent shows momentum, high valuations warrant tempered expectations. Seasonal plays like cooling solutions, exemplified by Symphony, present a potential opportunity amid a hot summer.Read More

Despite massive FII outflows amid global volatility, foreign investors sharply increased stakes in 10 Indian stocks during Q4. Retail, financials, manufacturing, and specialty chemicals saw the strongest gains, signalling selective high-conviction buying focused on companies with strong earnings visibility, sector tailwinds, and resilient domestic demand.Read More

Fujiyama Power Systems shares surged over 6% after Motilal Oswal initiated coverage with a Buy rating and Rs 340 target price. Strong solar market prospects, capacity expansion, and policy support boosted sentiment, although technical indicators signal overbought conditions, suggesting potential near-term consolidation despite a firmly positive broader trend outlook.Read More

Websol Energy System shares surged 21% in two sessions after investor Vijay Kedia emerged as a key shareholder. The rally was driven by improved sentiment and strong price momentum. The company also announced a board meeting to consider Q4 results and a potential dividend, its first in nearly 17 years.Read More