Market News

Stock up 14% year-to-date even as Nifty has declined nearly 9%

Indian markets surged sharply, with the Sensex jumping 2,946 points and the Nifty nearing 24,000. What’s driving this massive rally?

Shares of Life Insurance Corporation of India (LIC) surged nearly 7 per cent on Wednesday, a day after the state-owned insurance major said it will consider a bonus issue

Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that Indian Rupee is expected to stabilise at the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. Dev said the currency had faced pressure due to global uncertainties, including the recent conflict between the United States and Iran, and the withdrawal of foreign institutional investors (FII). His remarks come after a temporary ceasefire between the US and Iran has helped calm global markets, easing fears of supply disruptions in the oil market and reducing volatility in currencies, including the Rupee. "Rupee is stabilising at 92-93. Because of global war-related headwinds and FII withdrawals, there was pressure. But despite these odds, Rupee will stabilise at these levels. One should not worry," Dev said on the sidelines of the ..

The one-year implied rate on the dollar/rupee forward fell 22 basis points to 3.08 per cent

GCPL's Q4FY26 update signals steady demand, broad-based growth and resilient margins, with cost pressures likely but manageable, supporting valuations in a volatile environment

Overall, FPIs turned net sellers to the tune of ₹1.18 trillion in March, as escalating tensions in West Asia and a sharp rise in crude oil prices triggered a risk-off sentiment

Move could deepen domestic capital markets, help MNCs easily list locally

LPG supply disruptions and weak demand trends weigh on QSR stocks, raising concerns over earnings outlook and potential downgrades

Mcap of BSE-listed firms rise by ₹5 trn to ₹428 trn

Revenue growth driven by aggressive store additions, but rising costs, weak same-store sales, and quick commerce competition continue to weigh on margins

Shah said any further market upside is likely to be earnings-led rather than driven by valuation expansion

Faster blockchain systems could limit regulators' crisis response

Sebi proposes reintroducing open market buybacks as an additional route after tax changes, saying concerns over shareholder inequity have been addressed

But log their sixth straight weekly loss - longest losing streak since October 2025

Robust Navy spending and export orders are driving strong visibility for listed shipbuilders, though risks remain from client concentration and supply chains

Rediff has filed confidential IPO papers to raise up to ₹800 crore, aiming to expand its enterprise and financial services platforms under AvenuesAI

MSCI's decision to upgrade Greece to developed market status by 2027 is expected to have only a marginal impact on India, with limited changes to passive fund allocations

As of March 31, Nvidia was valued at $4.24 trillion-just 3 per cent shy of India's total market capitalisation of $4.37 trillion

True investment genius isn't so much about getting bull markets right. Most do. Oraclehood is conferred only when you get bear markets right