Oil prices crash nearly 10% after Iran says Strait of Hormuz completely open during ceasefire
Oil prices plunged as Strait of Hormuz remained open during the US Iran ceasefire with Brent crude and West Texas Intermediate falling sharply amid easing tensions though volatility is expected to persist
GIFT Nifty jumps over 300 points after oil price crash. What to expect on Monday?
Indian markets are set for a strong opening as GIFT Nifty surged over 300 points tracking falling crude prices and easing tensions with support from Dow Jones Industrial Average strength and improving global risk sentiment
Exporters seek removal of cap on interest subvention
Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade uncertainties. The Federation of Indian Export Organisations believes the subsidy scheme needs revision. This aims to provide more substantial relief to businesses facing higher borrowing costs and fluctuating export demand.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.
Silver gains Rs 1,500, gold at Rs 1.53 lakh. Check key levels
Gold and silver prices opened higher on MCX as easing geopolitical tensions and US-Iran peace talk hopes influenced sentiment. Silver gained sharply while gold held near record levels. Analysts expect volatility ahead, with key support and resistance levels in focus as traders track dollar movement and crude oil trends.
VST Industries jumps 15% as Q4 profit doubles to Rs 116 cr
VST Industries share price saw a significant jump on Friday. The Radhakishan Damani-backed company reported a 120% rise in net profit for Q4 FY26. Revenue from operations increased by 52%. EBITDA climbed 61%, reflecting improved efficiencies. Strong fundamentals and market initiatives drove this growth. Investor confidence is high, making VST Industries a stock to watch.
Waaree Renewable soars 12% as Q4 revenue soars 131% YoY
Waaree Renewable Technologies shares jumped up to 12% after reporting a strong Q4, with net profit rising 66% YoY to Rs 155.72 crore and revenue surging 131% to Rs 1,102.40 crore. EBITDA also grew 63.71%, though margins declined sharply. The company highlighted strong execution visibility backed by a 2.83 GWp order book.
High conviction picks! Bharti Airtel & 4 other stocks that can rocket up to 70%
Gold ETFs deliver up to 61% gains since last Akshaya Tritiya. Time to exit now?
Gold ETFs have rallied up to 61% since last Akshaya Tritiya, driven by geopolitical tensions, central bank buying, and safe-haven demand. Experts advise sticking to asset-allocation discipline—booking profits only if gold exceeds target weights. While valuations look stretched, long-term investors may continue SIPs as structural drivers remain supportive.
Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback. Revenue rose 8% YoY, but the core IT services business remained sluggish with minimal growth, reflecting weak demand. Margins also edged lower, signaling ongoing cost pressures, even as profit improved […]