Sensex, Nifty Rally 1% as Crude Oil Drops Below $100 Mark
Sensex jumps 874 pts, Nifty climbs 264 pts as crude oil falls below $100/barrel. US-Iran peace deal hopes boost markets.
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Sensex jumps 874 pts, Nifty climbs 264 pts as crude oil falls below $100/barrel. US-Iran peace deal hopes boost markets.
ONGC and BPCL executives explain the recent fuel price hike as belt tightening due to West Asia tensions, rising crude prices, and OMC under-recoveries.
Jefferies report says India's SIP boom aids foreign exits, weakening the rupee. Equity outflows hit $78B in 2 years, pressuring capital account.
Indian markets eye key breakout levels next week. Nifty targets 24,000, Sensex may face resistance near 76,000 amid global uncertainty.
India's tractor industry volumes likely flat in FY27 due to price hikes and subsidy normalization, but long-term drivers like farm mechanization remain strong, says YES Securities.
LIC reports Rs 23,420 crore net profit in Q4 FY26, beating SBI and HDFC Bank to become India's most profitable financial firm in the quarter.
Cement demand recovery and price hikes eyed in June as costs weigh on margins, says Nuvama report. Key factors include infrastructure capex and rising input costs.
Analysts say rupee stabilisation and better earnings growth could bring FIIs back to Indian markets after record selling of Rs 2.22 lakh crore in 2026.
NTPC reports 75% QoQ rise in Q4 PAT to Rs 8,747 crore. FY26 standalone PAT up 18%, driven by capacity additions and operational efficiencies.
Yatra Online reports 26% QoQ revenue decline to Rs 189 crore in Q4FY26. EBITDA falls 51% to Rs 10.9 crore. Net profit dips 1% to Rs 8.2 crore.
Indian equities attracted Rs 73,639 crore in April, up from March. SIP inflows largely went to large caps, with investors showing discipline amid broader market uncertainty.
Union Minister Pralhad Joshi directs investigation into excessive cancellation charges by Agoda and online booking platforms after consumer complaint.
Fortis Healthcare reports 44% YoY rise in Q4 PAT to Rs 271 Cr, driven by higher occupancy and specialty volumes. FY26 profit up 31%.
SEBI proposes new rules to prevent artificial price suppression in IPOs and re-listed scrips, including updated base price calculations and automated price bands.
DSP Mutual Fund says rupee is undervalued and inflation gap is at a record low, making a strong case for investing in Indian equities and bonds.
FIIs net sell Rs 7,570 crore this week, while DIIs buy Rs 16,950 crore, cushioning markets. Nifty ends week up 0.3% at 23,719 amid volatility.
Crisil Ratings says gold jewellery sales volume will drop to 620-640 tonne this fiscal, a decade low, due to high prices and customs duty hike. Credit profiles remain stable.
Petrol and diesel prices increased by up to 94 paise per litre across major cities. Delhi petrol reaches Rs 99.51, third hike in 10 days amid global volatility.
SEBI bans unregistered finfluencers for pump-and-dump manipulation, freezes accounts to protect retail investors from fraudulent stock tips on social media.
RBI’s record Rs 2.87 lakh crore dividend driven by forex revaluation gains and bond earnings, says Bank of Baroda report. Boosts govt finances amid geopolitical tensions.