Rupee strengthens ahead of RBI policy as oil slump, ceasefire lift sentiment
Rupee strengthens to 92.64 per dollar before RBI decision, helped by lower oil prices, global equity rally and Iran ceasefire easing Hormuz disruption fears.
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L&T, KEC International, Kalpataru Projects, KRBL and more — Stocks with West Asia exposure see relief
Barring L&T, which was the worst-performing largecap stocks in the past month, the other stocks that have exposure to West Asia such as KEC International, Kalpataru Projects, KRBL and VA Tech Wabag, have risen marginally to up to nearly 7%…
Angel One shares up 5% despite decline in month-on-month client acquisition in March
Retail turnover market share for Angel One declined by 108 basis points on an overall basis from last month, while F&O market share declined by 101 basis points. Both metrics grew by 26 basis points and 68 basis points year-on-year.
Bajaj Finance shares jump 7%, most in two months, reclaim levels of ₹900
The Bajaj Finance stock is also among the top gainers on the Nifty 50 index today and has moved back above ₹900 after nearly a month.
PSU Banks led by Union Bank rally up to 7% as bond yields cool off sharply
PSU Banks hold a large portfolio of government securities. Most of these are generally held under Hold-to-Maturity (HTM) format, while a significant chunk is also held under the Available For Sale (AFS) form.
Gold rises 2%, silver jumps over 5% on MCX as geopolitical tensions ease
Gold and silver jump on MCX and globally after Trump pauses US military action against Iran, easing West Asia tensions, analysts see volatile but upward bias for precious metals.
‘Main Hoon Na’ policy needed from RBI to support growth, says Nilesh Shah
Nilesh Shah, MD, Kotak Mahindra AMC, said the rupee has stabilised after recent central bank actions, easing earlier pressure from foreign investor outflows and rising yields. He noted that interest rates and liquidity conditions remain key for market direction. Ensuring…
Real Estate, Auto stocks rebound after Iran ceasefire; RBI leaves rates unchanged
Following the policy outcome, the Nifty Bank index rose 4.70%. Auto and realty stocks surged by up to 7% each, while consumer stocks gained around 4%.
IndiGo shares surge 11%, biggest single-day gain in four years led by these triggers
Multiple factors are behind the surge in shares of InterGlobe Aviation, parent company of IndiGo. The stock is also the top gainer on the Nifty 50 index.
Time to book profits in metals?
Aluminium and steel prices may be near their peak. But there’s one segment that can still play catch up.