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The pressure on the rupee intensified after the offshore Chinese yuan slipped to a record low on Tuesday (April 8).

Hartmut Issel, Head-APAC Equity at UBS Global Wealth Management, said that Indian pharma sector could face some risk if the US decides to place tariffs on specific types of medicines.

The RBI cut its benchmark repo rate by 25 basis points for the second straight time. The SDF rate and the MSF rate have also been adjusted by 25 basis points in response to the repo rate cut.

Shares of Muthoot Finance are currently trading 5.1% lower at ₹2,175. The stock is down 11% from its 52-week high of ₹2,435. IIFL Finance shares are down 4.7% at ₹317.8. The stock is down 43% from its 52-week high of…

Garden Reach Shipbuilders Share Price | The order is for the design, construction and delivery of two coastal research vessels. It is set to be completed in 26 months from signing the contract.

According to Jefferies, a re-rating of IT stocks is unlikely unless there is a meaningful improvement in the outlook for US GDP growth.

On Wednesday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.

In India, 24 karat gold is priced at ₹8,972 per gram, while 22 karat gold stands at ₹8,224. The rate for 18 karat gold is ₹6,729 per gram, according to Goodreturns.

India’s domestic Mutual Funds have also increased their stake in Vodafone Idea at the end of the March quarter. As many as 32 funds cumulatively own a 4.5% stake in the company, in comparison to the 3.6% stake that was…

Seven out of the nine analysts that have coverage on Vishal Mega Mart so far have a ‘Buy’ rating on the stock, while one each has a ‘Hold’ and a ‘Sell’ rating.