Hindustan Copper shares jump 4% after Q4 profit soars 134% YoY, strong margin improvement
Hindustan Copper’s share price surged 4% after the company reported a robust 134% year-on-year increase in net profit to Rs 444 crore for the March quarter. Revenue also climbed 58% to Rs 1,156 crore, driven by improved operational efficiency and profitability. The company also announced plans to raise funds for expansion and recommended a dividend […]
Silver tanks Rs 5,600/kg, gold slips Rs 1,000/10g after drone strike on UAE nuclear plant amid Iran war fears. Time to sell?
Gold and silver prices opened sharply lower on Monday, driven by escalating Middle East tensions that pushed oil prices higher and fueled inflation concerns. This surge in oil prices strengthened expectations that interest rates could remain elevated for longer, impacting bullion markets. Investors are closely watching for further clues on the U.S. Federal Reserve’s monetary […]
Tata Steel shares crack 4% after Q4 results. Why did JPMorgan downgrade the stock?
Tata Steel’s shares dipped despite a 147% surge in Q4 FY26 net profit to Rs 2,965 crore. Analysts are divided, with JPMorgan downgrading to ‘Neutral’ citing regulatory headwinds in the Netherlands and project delays, while Morgan Stanley maintains ‘Overweight’ on strong domestic and UK performance.
Physicswallah IPO lock-in expiry: Rs 2,949 crore worth of shares to free up for trade today. Do you own?
Physicswallah shares are in focus as nearly 26 crore shares, valued at Rs 2,949 crore, become eligible for trade post-lock-in expiry. This event follows a significant price decline from its listing, though the stock has seen some recovery. The edtech platform reported a 34% YoY rise in operating revenue for Q3 FY26.
NFP Sampoorna Foods IPO: Check GMP, subscription, price band and other details
NFP Sampoorna Foods IPO opens for subscription on Monday. Grey market signals indicate a flat outlook with no premium expected. The company aims to raise Rs 24.53 crore through a fresh issue of shares. The IPO will be open from May 18 to May 20.
NSE EGR trading starts today. Should gold investors buy metal in its newest form?
The National Stock Exchange has launched Electronic Gold Receipts (EGRs), allowing investors to own gold electronically, backed by physical gold in SEBI-regulated vaults. This move aims to enhance transparency, security, and accessibility in India’s gold market, addressing traditional concerns like purity and storage.
Gold slips to 1-1/2-month low as Middle East tensions lift oil, cloud rate outlook
Gold prices dropped to a one-month low on Monday. Middle East tensions boosted oil prices, fueling inflation concerns. This reinforced expectations for sustained higher interest rates. Investors are awaiting US Federal Reserve meeting minutes for policy direction. India has also curbed silver imports to ease pressure on its currency. Other precious metals also saw declines.
Rupee seen testing record lows; bonds to extend fall on Iran war jitters
The Indian rupee is poised to hit record lows as investors grapple with growth-inflation risks stemming from the Iran war. Rising Brent crude prices are fueling global inflation concerns, prompting expectations of monetary tightening. India’s policymakers are implementing measures to support the rupee and manage balance of payments pressures, while bond yields are expected to […]
Oil Price Today (May 18): Crude oil above $110 again as Iran war tensions deepen. Where is liquid gold headed?
Oil prices climbed on Monday. Hopes for peace with Iran dimmed after an attack on a UAE nuclear plant. President Trump is reviewing military actions. Drone attacks on the UAE and Saudi Arabia increased fears of wider conflict. The Strait of Hormuz remains a key concern for global oil and gas shipments.
Global Market Today: Asian shares slip, oil prices pile pressure on bonds
Asian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia’s earnings report this week, which could impact the AI boom. G7 finance ministers are meeting to discuss the Strait of Hormuz and raw material supplies. High energy costs are driving inflation concerns globally.