Markets News

Strong Q4 lifts OMC stocks, though FY27 outlook remains uncertain

IOC and HPCL reported robust March-quarter earnings, but rising crude prices, LPG under-recoveries and geopolitical risks continue to cloud the outlook for FY27

Sebi proposes allowing India Inc to pay salaries in mutual fund units

Third-party investment proposal will also extend commission payments to distributors

Edelweiss MF unveils second SIF offering; Parle confusion lifts stock

Edelweiss Mutual Fund launched its second specialised investment fund offering, while shares of Parle Industries surged after traders mistook it for the maker of Melody toffees

Fuel price rise impact: Consumption stocks may bear the brunt, say analysts

While companies have started to pass input cost rise to consumers, inflation, according to G Chokkalingam, founder and head of research at Equinomics Research has not become a major issue yet.

Sebi's revised savings methodology boosts FY25 household savings ratio

The revised framework captures a wider range of securities market investments, leading to higher estimates of household financial savings and gross savings in FY25

Mumbai rainfall to become tradable with NCDEX weather futures

National Commodity and Derivatives Exchange to launch India's first rainfall derivatives contract, enabling firms to hedge monsoon-related risks

Rupee hits record low of 96.96/$ on oil, US Treasury yield strain

The rupee slid to ‌96.96 per dollar, breaching its previous record low of 96.6150 hit in the prior session, and ended the day at 96.82

Stock Market Close: Sensex adds 118 pts, Nifty ends at 23,659; RIL, Hindalco, Bajaj Auto top gainers

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.49 per cent and 0.04 per cent higher, respectively

Power stocks in demand; Hitachi, Siemens Energy, GE Vernova soar up to 9%

The T&D value chain, particularly segments focused on high voltage transformers, continues to benefit from a robust capex outlay, say analysts at Motilal Oswal.

ITC Hotels: ICICI Direct keeps 'Buy' on valuation comfort, sees 45% upside

ITC Hotels share price target: ICICI Direct Research has maintained its 'Buy' rating on ITC Hotels stock after Q4 results and revised target price to ₹220, citing attractive valuations.

Shivalik Bimetal shares jump 7% to hit 52-week high; up 85% from March low

The stock has surged as much as 84.71 per cent from its 52-week low of ₹368.60 per share, touched earlier this year on March 30, 2026

Near-term gold outlook cloudy amid yield spike, dollar headwinds: Analyst

Rising real yields alongside a firmer dollar have together stripped two of gold's most consistent supports simultaneously

Hindalco shares rise 4% on strong Novelis Q4; Oswego restart lifts outlook

Hindalco share price rose nearly 4 per cent today after Novelis posted stronger Q4FY26 results and guided an earlier-than-expected Oswego restart.

Karnataka Bank shares rally 10% after Q4; ₹5 per share dividend announced

For the January to March quarter of FY26 (Q4FY26), Karnataka Bank's net profit stood at ₹408.19 crore as against a profit of ₹290.79 crore earned in Q3Y26, registering a growth of 40 per cent Q-o-Q.

Manappuram Finance hits new high, stock up 3 per cent in subdued market

In the past one month, Manappuram Finance has outperformed the market by soaring 20 per cent, as compared to a 4.4 per cent decline in the BSE Sensex.

Brent to average $90 if US-Iran pact resolves Hormuz disruption: Analyst

The probability of US-Iran negotiations entering a more substantive phase is rising-every additional week of disruption deepens financial market stress that the White House cannot indefinitely absorb

PI Industries shares plunge 8% on weak Q4 earnings, margin pressure

PI Industries reported a consolidated net profit of ₹200 crore, down 39.4 per cent year-on-year (Y-o-Y) from ₹331 crore in the year-ago period

Tata Communications shares gain 5% on appointing new MD and CEO

Tata Communications' advanced after the company appointed Ganapathi S. Lakshminarayanan as its Managing Director and Chief Executive Officer for a five-year term

GE Vernova shares jump 9%; Brokerages raise targets on record order book

GE Vernova shares jumped 9% after strong Q4FY26 results. Brokerages raised targets on record ₹21,500-crore backlog, exports and HVDC pipeline

Here's why KDDL shares jumped 20% to hit upper circuit on bourses today

The company's board has recommended a final dividend of ₹8 per equity share (80 per cent) for the financial year ended March 31, 2026