BSE shares fall 3% despite Q4 profit surge. Should you buy, sell or hold India’s oldest stock exchange?
Bombay Stock Exchange (BSE) shares dipped despite reporting a 61% surge in March quarter net profit to Rs 797 crore, driven by an 85% revenue increase to Rs 1,564 crore. Transaction charges were the primary growth driver, soaring 114% year-on-year. Nuvama maintains a ‘Buy’ rating, citing BSE’s lower impact from weekly contract reductions and significant […]
Silver gains Rs 2,361, gold near Rs 1.53 lakh amid hopes of Iran peace talks. What should investors do?
Gold and silver prices rose on MCX amid easing inflation concerns and optimism over a potential U.S.-Iran agreement. Silver gained Rs 2,361, while gold approached Rs 1.53 lakh. Analysts expect continued volatility driven by global cues, with key support and resistance levels guiding near-term trading strategies.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, 16 stocks closed above their 200-day moving average (DMA) on May 7, 2026, according to technical scan data from StockEdge. Among these, we have highlighted the top eight stocks that posted gains of more than 3%. The 200-day daily moving average (DMA) is used by traders as a key indicator for […]
Oil Price Today (May 8): Crude oil snaps three-day losing streak as Iran-US clashes stoke Hormuz fears. What are experts saying?
Oil prices surged over 1% as renewed U.S.-Iran clashes raised concerns about the Strait of Hormuz’s stability, disrupting hopes for its reopening. Iran accused the U.S. of breaching a ceasefire, while Washington cited retaliation for Iranian forces firing on its vessels. Despite recent losses, the conflict’s escalation could significantly impact global oil flows.
Global Market Today: Asian stocks drop, oil climbs on Iran tensions
Asian stocks retreated from record highs as Middle East tensions escalated, impacting crude oil prices and reviving concerns over energy supplies. US forces responded to Iranian attacks in the Strait of Hormuz, while President Trump issued a stern warning. Despite volatility, investors remain focused on de-escalation efforts and the AI trade.
SBI to lend Rs 80,000 crore more to war-hit companies
In a pivotal stride towards economic recovery, the government has unveiled ECLGS 5.0, aimed at fortifying MSMEs and the airline industry amidst ongoing challenges. With an unprecedented allocation of Rs 2.55 lakh crore in extra credit, State Bank of India is gearing up to contribute around Rs 70,000 crore to Rs 80,000 crore.
Midcap rally hits record high amid retail buying surge
Nifty midcap indices reached new peaks on Thursday. This surge is fueled by robust earnings, consistent retail investor contributions, and strategic bargain purchases. Midcap and smallcap indices have significantly outperformed larger indices since the US-Iran ceasefire announcement a month ago. Experts suggest a pause in the rally is likely soon. Foreign investors have been selling […]
Beware! Finance Secretary Nagaraju warns banks about risk from Mythos
Indian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the potential threat of AI like Anthropic Mythos. He stressed the need for banks to strengthen cyber defenses and operational resilience. SBI Chairman CS Setty echoed these concerns, noting AI’s dual role in defense and offense.
Foreign investors continue to pull out of financials in second half of April
Foreign investors continued their sell-off in Indian equities, particularly in financials, extending withdrawals into the latter half of April. This sector saw significant outflows due to its heavy weight and inflation concerns. Conversely, power and capital goods attracted substantial inflows, driven by strong demand and global trends.
Retail stake cut in 284 BSE 500 companies in Q4
Retail investors showed caution, reducing their stock holdings in most companies during the March quarter. This move coincided with market declines due to global uncertainties. Meanwhile, foreign investors and domestic funds increased their stakes in various companies. Promoters also raised their shareholding, taking advantage of lower stock prices. FPI stake in Indian companies continued to […]