Brent crude breaks above $88 for first time since October on fresh supply threats April 2nd, 2024 16:27
Brent futures for June delivery were up $1.29, or nearly 1.5%, at $88.71 a barrel by 0912 GMT. U.S. West Texas Intermediate (WTI) crude futures for May rose $1.30, or about 1.6%, to $85.01.

Extended winter to dent Q4FY24 prospects for consumer pack; Nuvama suggests 6 stocks to buy April 2nd, 2024 16:27
Nuvama forecasts a gradual recovery for consumer staples in FY2025, picking top stocks amidst comparisons with Nifty FMCG index. Q4FY24 may show muted growth, with price hikes and ad spends expected in FY2025.

Bharti Hexacom's Rs 4,275 crore IPO opens on Wednesday. What GMP indicates ahead of subscription April 2nd, 2024 16:27
Bharti Hexacom IPO is completely an offer-for-sale, without any fresh equity issue. The company's shares are trading with a grey market premium (GMP) of Rs 40 in the unlisted market.

Metal stocks rally on strong China Data, US rate cut hopes April 2nd, 2024 16:27
​Shares of metal companies surged Monday, leading gains in a session where benchmark indices hit lifetime highs. The Nifty Metal index also surged to a record, ending with near 4% gains on positive manufacturing data from China amid brightening prospects of a June start to the US rate easing cycle.

Sensex snaps 3-day winning run, dips 111 points dragged by bank, IT stocks April 2nd, 2024 16:27
Benchmark equity indices closed slightly lower on Tuesday due to mixed global cues. ICICI Bank, Kotak Bank, and IT stocks dragged the market. Sensex fell 111 points to settle at 73,904, while Nifty dropped 9 points to end at 22,453. The market capitalisation of all listed companies on the BSE surged by Rs 2.42 lakh crore to Rs 395.57 lakh crore. The market breadth was skewed in favour of the bulls.

Goldman sees Indian banks’ profitability coming under pressure April 2nd, 2024 16:27
Indian banks were in a Goldilocks period over the last couple of years, during which lenders improved their top line and enjoyed a pickup in loan growth, according to Rahul Jain, co-head of Asia Pacific Financials Research at Goldman.

Stock market update: Nifty IT index falls 0.71% April 2nd, 2024 16:27
The Nifty IT index closed 0.71 per cent down at 34793.95.

Stock market update: Nifty Auto index advances 1.07% April 2nd, 2024 16:27
The Nifty Auto index closed 1.07 per cent up at 21614.25.

Having pendency is good but ageing of public issues is bad, says Madhabi Puri Buch April 2nd, 2024 16:27
Madhabi Puri Buch says SEBI is streamlining the use of technology and processes to make sure that whenever there is an opportunity to raise capital from the market, there is never any reason for a delay from their end

Varroc Engineering signals Buy post Inverted Head and Shoulder breakout: Axis Securities April 2nd, 2024 16:27
Axis Securities recommends accumulating Varroc Engineering in the Rs 540-530 range, with a target price of Rs 595, offering an upside potential of 11-15 percent.