Benchmark equity indices Sensex and Nifty rebounded nearly 1 per cent on Wednesday, helped by bargain buying in FMCG, auto and telecom shares, upbeat earnings sentiment and gains across Asian markets.Traders said signs of possible de-escalation in geopolitical tensions also supported sentiment.In a volatile session, the 30-share BSE Sensex climbed 609.45 points, or 0.79 per…
Mining conglomerate Vedanta Ltd on Wednesday reported an 89 per cent jump in consolidated profit after tax to Rs 9,352 crore for the quarter ended March 2026, helped by higher sales volumes, rising global metal prices and gains from a weaker rupee.The Anil Agarwal-led company had posted a consolidated profit after tax of Rs 4,961…
Oil prices advanced on Wednesday, extending their recent rally, amid reports that the United States plans to continue its blockade of Iranian ports. The move is expected to prolong supply disruptions from the strategically important Middle East oil-producing region. According to a report by The Wall Street Journal, US President Donald Trump has directed his…
Any increase in UAE’s crude oil production will directly strengthen India’s energy security. (AI image) The United Arab Emirates’ (UAE’s) shock move to exit the OPEC and OPEC+ may have far reaching implications for not just world oil markets and oil prices, but also in terms of the relevance of cartels in an increasingly multi…
Looking ahead, gold and silver entered the week on a slightly bearish tone, with direction likely to be driven more by overall risk sentiment. (AI image) Gold price prediction today: Gold and silver prices are likely to be range bound this week, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and…
Uttar Pradesh has over 60% of India’s total access-controlled expressway network. Ganga Expressway, the longest expressway so far in Uttar Pradesh, will be inaugurated by Prime Minister Narendra Modi on Wednesday. The 594 kilometres long Ganga expressway is a six-lane expressway that aims to reduce the travel time between Meerut and Prayagraj to just 6…
Gold has retreated sharply from its record peak, declining by nearly 26 per cent, or around Rs 53,000 per 10 grams, from its all-time high of Rs 2,02,984 on the MCX. In recent sessions, the metal has largely moved within a narrow range, with the absence of fresh catalysts keeping prices directionless. Although gold has…
Top stocks to buy (AI image) Stock market recommendations: Jio Financial Services Ltd, Hindustan Zinc, and PVR INOX are the top stock recommendations by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares as the top stock recommendations for April 29, 2026:Jio Financial Services Ltd – Base Formation with Reversal StructureBuy: ₹255–₹250 | Stop…
Mumbai: Peak XV Partners sold its remaining 7.7% stake in fintech MobiKwik through block deals worth over Rs 130 crore on Tuesday, completely exiting its investment in the firm, said people in the know. The floor price of the deal was set at Rs 214 per share, about 5% discount to the company’s closing price…
New Delhi: Industrial production growth moderated to a five-month low of 4.1% in March on back of the West Asia conflict. The growth was 3.9% a year ago and a little slower than the 5.1% growth registered in Feb.Data released by the National Statistics Office (NSO) Tuesday estimated that manufacturing sector, which accounts for nearly…