Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex rallied strongly in opening trade on Monday as crude oil prices dipped and US President Donald Trump signalled help for ships stuck in the Strait of Hormuz. State election results from West Bengal, Kerala, Assam, Tamil Nadu, and Puducherry are also in focus….
Looking ahead, markets will closely track global PMI releases and US labor market data for further direction on inflation and policy outlook. (AI image) Gold price prediction today: Gold prices are seeing consolidation, according to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices extended last week’s decline, hovering near one-month…
Top stocks to buy (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives at SBI Securities has recommended Yatharth Hospital & Trauma Care Services Ltd, and Gujarat Ambuja Exports Ltd as the top stock recommendations for the week that starts today, May 4, 2026. The expert also shares his outlook for…
OPEC+ announced on Sunday that seven member nations would increase their combined production targets. (AI image) Oil price today: Crude oil prices on Monday edged down after US President Donald Trump announced that Washington would take steps to assist vessels stranded in the Strait of Hormuz. Still, crude remained firmly above the $100-a-barrel mark as…
In the futures market, gold speculators increased their net long positions by 3,924 contracts to 91,574 in the week ended April 28. Among other precious metals, spot silver rose 0.1 per cent to $75.38 an ounce, platinum advanced 0.2 per cent to $1,991.85, while palladium declined 0.3 per cent to $1,519.66 an ounce. Source link
MUMBAI: The boardrooms of India’s most powerful philanthropic trusts are looking at an uncomfortable May 8 reckoning. The Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), which together hold a 52% controlling stake in Tata Sons, will convene to review their nominee directors on the holding company’s board, among other agenda items.The…
Morgan Stanley maintained its overweight rating on Bajaj Finance with the target price at Rs 1,120 against Rs 1,090 earlier. Analysts said the NBFC major’s adjusted profit before tax for the Jan-March quarter (Q4FY26) was up 26% on the year (YoY) and was ahead of estimates. The company’s credit costs improved sharply with lower bad…
India’s leather and footwear industry is struggling with high input costs due to the ongoing Middle East crisis and is seeking import duty exemptions on essential raw materials, machinery and components. Industry representatives have taken up the issue with the commerce and industry ministry, warning that the disruption has sharply raised the cost of several…
Oil prices soared to a four-year peak on Thursday before retreating, as fears over the intensifying US-Iran war rattled global energy markets and fueled concerns over disruption in the Strait of Hormuz. Brent crude, the global oil benchmark, briefly climbed to $126.41 a barrel overnight, its highest level in four years, before easing back to…
Foreign investors continued their selling spree from Indian equities in April, pulling out Rs 60,847 crore from the market. This comes after a massive sell-off in March, when overseas investors had already offloaded shares worth Rs 1,17,775 crore, according to National Securities Depository Limited data. The back-to-back withdrawals have pushed cumulative foreign portfolio investor (FPI)…
