NEW DELHI: India’s smartphones market has opened 2026 on a weak note, recording its slowest start in six years as shipments slipped 3% year-on-year in the March quarter, according to Counterpoint Research. The decline may appear modest, but the underlying pressures suggest a more persistent demand slowdown.As per the report, smartphones are getting pricier, and…
Mumbai: The rupee regained 92 levels and closed at 92.93, 27 paise stronger then its previous close. The gains followed reports that the RBI has asked oil companies to not purchase dollars from the open market but to rely on a line of credit provided through SBI.Such a move would remove one of the major…
India is rapidly strengthening its position in global electronics trade, now supplying about 40 per cent of the smartphones imported by the United States that were previously sourced from China.According to a recent report by McKinsey & Company, cited by ANI, the United States has been actively diversifying its import sources and has replaced about…
India’s foreign exchange reserves rose by $3.825 billion to $700.946 billion in the week ended April 10, according to Reserve Bank of India (RBI) data.The reserves had increased by $9.063 billion to $697.121 billion in the previous week ended April 3. They touched an all-time high of $728.494 billion in the week ended February 27,…
Crude oil prices plunged more than 10% on Friday after US President Donald Trump and Iran announced that the Strait of Hormuz is fully open again for oil tankers carrying crude from the Persian Gulf to customers worldwide, easing fears of supply disruptions.The sharp drop in oil prices lifted global markets, with US stocks rallying…
Gold has entered a phase of consolidation after a strong rally driven by retail demand across key markets, global investment firm Jefferies said in its latest report.The firm noted that the surge in buying seen late last year and early this year—particularly in India, China and the United States—has begun to moderate, signalling a stabilisation…
Gold’s intraday technical structure remains weak with bearish EMA alignment, declining RSI, and negative MACD signals. (AI image) Gold price prediction today: Gold prices are exhibiting weak signals on an intra-day basis, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Gold futures on MCX are trading…
Shares of Wipro fell as much as 4% to Rs 202 on the NSE on Friday after the IT major reported a decline in fourth-quarter profit and flagged a subdued near-term outlook.The company posted a 2% year-on-year drop in consolidated net profit to Rs 3,502 crore for Q4, even as revenue rose 8% to Rs…
Stock market today (AI image) Stock market today: Sensex and Nifty opened in green on Friday on positive global cues. While Nifty50 was above 24,200, BSE Sensex was up around 100 points. At 9:17 AM, Nifty50 was trading at 24,208.00, up 11 points or 0.046%. BSE Sensex was at 78,080.41, up 92 points or 0.12%.Market…
Top stocks to buy (AI image) Stock market recommendations: Reliance Industries, and Varun Beverages are the top stock recommendations by Bajaj Broking Research for April 17, 2026.Reliance IndustriesBuy in the range of ₹ 1330.00-1350.00 Target Return Time Period ₹ 1474 10% 6 Months Reliance Industries stock has undergone a corrective phase over the past three…