D-Street up for 7th session, Sensex reclaims 80,000
The NSE Nifty gained 0.67%, or 161.7 points, to finish at 24,328. The BSE Sensex moved 0.65% or 520.9 points higher at 80,116. Both indices have surged over 8.3% each in the past seven trading sessions. This is their longest winning run in a month.
In the face of global risks, MPC wanted to offer a stimulus
RBI had lowered the repo rate by 25 basis points for the second time in a row to 6% and changed its stance to ‘accommodative’ from ‘neutral’ on April 9. He hinted at further rate cuts by adding that “going forward too, considering the evolving growth-inflation trajectories, monetary policy needs to be accommodative.”
Rupee dips the most in 2 weeks against dollar
The Indian rupee fell 24 paisa to 85.42 per dollar on Wednesday, pressured by a strong dollar index and position unwinding after failing to breach 85/$1.
Rate cuts bring investors to g-secs, flatten yield curve
Bonds maturing by 2030 have already softened by over 25 basis point beginning of this fiscal year in hope of more rate cuts as inflation has eased, contributing to a significant flattening of the yield curve.
Amid tariff blues, HCLTech Hopes to grow more than peers this year
HCL Technologies has guided for 2–5% revenue growth in FY26, outpacing peers like Infosys and TCS. It retains its 18–19% EBIT margin and boasts strong deal wins worth $2.99 billion, with increased revenue from existing clients.