US stocks today: S&P 500 and Nasdaq notch records, boosted by AI and earnings optimism
The S&P 500 and Nasdaq reached record highs, driven by AI-related stocks like Nvidia and Sandisk, alongside a resilient jobs report. Despite broad sector declines, strong first-quarter earnings, particularly from tech giants, fueled investor optimism. This surge occurred despite rising oil prices and Middle East tensions, highlighting the market’s focus on corporate performance and economic […]
AI market crash coming soon? Billionaire investor Paul Tudor Jones says the bulls have another two years
Global markets, led by tech stocks, have reached record highs fueled by AI enthusiasm. Investor Paul Tudor Jones likens AI’s current stage to Microsoft’s early dominance and the internet’s commercialization, predicting another year or two of growth. However, he warns of a significant market downturn akin to the dot-com bubble’s aftermath.
Sebi approves over $1 billion Zepto IPO; 5 other companies also get nod
Sebi has approved Zepto’s IPO, paving the way for a potential Rs 12,000 crore listing in 2026. The quick commerce startup aims to strengthen its position against rivals while signaling renewed investor confidence in India’s internet and startup listing market.
MCX Q4 Results: Cons PAT soars 291% YoY to Rs 530 crore, revenue triples; Rs 8 per share dividend announced
MCX Q4 Results: Multi Commodity Exchange of India (MCX) reported a consolidated net profit at Rs 530 crore for the March-ended quarter versus Rs 135 crore in the year ago period, implying a 291% YoY surge. The profit after tax (PAT) is attributable to the owners of the company.
Bank of Baroda Q4 results: PAT grows 11% YoY to Rs 5,616 crore; NII up 9%
Bank of Baroda posted an 11.2% rise in Q4 consolidated profit, driven by higher net interest income, strong loan growth and improved asset quality. Deposits and advances registered double-digit growth, while non-interest income declined and capital adequacy ratio weakened during the quarter.
Tata Consumer Products Q4 Results: Profit rises 21% YoY to Rs 419 crore, revenue up 18%
Tata Consumer Q4 Results: Tata Consumer Products on Friday reported that its consolidated net profit of Rs 419 crore in the fourth quarter. This was higher by 21% from Rs 345 crore posted in the previous year quarter. Revenue from operations increased 18% YoY to Rs 5,434 crore.
Market Wrap: Sensex drops 516 points, Nifty closes below 24,200 amid fresh Iran-US escalations, smallcaps outperform
Indian stock markets experienced a second consecutive day of losses, with the Sensex and Nifty 50 falling over 0.6% each due to escalating Iran-US tensions. The Sensex closed down 516 points at 77,328, and the Nifty 50 dropped 150 points to 24,176. Meanwhile, the smallcap index bucked the trend, closing in the green and outperforming […]
Kalyan Jewellers Q4 Results: Cons PAT soars 118% YoY to Rs 409 crore; revenue jumps 66%
Kalyan Jewellers India announced strong financial results for the March quarter of FY26. Net profit more than doubled to Rs 409.5 crore. Revenue from operations surged 66.2% to Rs 10,274.9 crore. EBITDA also saw significant growth. The company recommended a final dividend of Rs 2.50 per equity share. International operations and the Candere platform also […]
Titan Q4 Results: Cons profit jumps 35% YoY to Rs 1,179 crore; Rs 15/share dividend announced
Titan Q4 Results: Titan Company reported a robust 35% growth in net profit for Q4FY26, reaching Rs 1,179 crore, driven by a strong performance in its jewellery segment. The company’s total income surged by 46% to Rs 20,300 crore. Titan’s Board also recommended a dividend of Rs 15 per equity share.
Sandip Sabharwal remains bullish on FMCG, retail and defence themes
Indian equity markets are poised for a potential rally driven by strong corporate earnings and resilient consumer demand, according to market expert Sandip Sabharwal. He believes a resolution to West Asia tensions could lead to a sharp correction in crude oil prices, further boosting sentiment. Sabharwal anticipates markets could reach new highs if geopolitical stability […]