Akshaya Tritiya on April 19 is set to bring steady to strong jewellery demand in India, with planned design led purchases, growth in lightweight, premium and lab grown diamond segments.
Gold and silver rise on global cues as US Iran talks hopes lift sentiment, Asian stocks gain, oil eases from recent highs, Indian bullion trade shut for half day.
Given the limited visibility, Citigroup has called the upgrade “tactical”. They expect the S&P 500 to reach levels of 7,700 by the end of the year, implying an upside potential of 12% from current levels.
Despite a 30% reduction in tower additions during the first nine months of financial year 2026, Indus Towers’ capex has increased by 38% from last year. Adjusting for the input tax credit reversal, that number is up 20%.
All three stocks, Rubicon Research, LG Electronics India, and Bharat Coking Coal, whose respective shareholder lock-in ends on Wednesday, are trading above their IPO price.
At the end of the December quarter, LG Electronics India’s promoters had a 85% stake in the company, higher than the minimum shareholding limit of 75%.
Analysts believe that Bitcoin may not see a significant move higher until the US passes the Clarity Act, a regulatory framework for digital assets.
The reversal came after US President Donald Trump said that Iran still wants to make a deal following the failed talks in Islamabad and the US navy beginning to block the Strait of Hormuz.
The issue price for the Poonawalla Fincorp QIP has been fixed at ₹370.75 per share, confirming a CNBC-TV18 newsbreak, and is at a 5% discount to the QIP floor price of ₹390.26.
Crude prices eased, with Brent falling 1.9% to $97.46 a barrel, supporting sentiment. Treasuries were steady in early Asian trade after gains in the US session, while the Bloomberg Dollar Spot Index edged lower. Gold bounced back after two sessions…