Shares of Tata Consultancy Services (TCS), India’s largest information technology company, fell 2% to the day’s low of Rs 2,530 on the BSE on Friday despite reporting a 12% year-on-year (YoY) rise in consolidated net profit at Rs 13,718 crore for the fourth quarter. Revenue from operations increased 10% YoY to Rs 70,698 crore. The […]
Ceasefire calm or chaos? 50 stocks that brokerages expect to rally after Iran truce
The announcement of a two-week ceasefire between the US and Iran has triggered a relief rally in Indian equities, but the recovery remains fragile as doubts persist over how long the truce will hold. Markets had earlier reacted sharply to the conflict, with rising crude prices fuelling inflation concerns, weakening risk appetite and dragging broader […]
Silver dips Rs 2,000/kg, gold at Rs 1.53 lakh/10g as ceasefire uncertainty weighs on sentiment. Key levels to watch
Gold and silver prices opened in the red on the Multi-Commodity Exchange of India on Friday as concerns around the closure of the Strait of Hormuz kept investors nervous, even as a fragile ceasefire between the U.S. and Iran remained in place. On the domestic front, MCX silver futures for May 2026 delivery dropped Rs […]
Wipro slides 23% in 3 months, turns Nifty’s worst performer. Can buyback, Q4 nos. reverse trend?
Shares of IT major Wipro have fallen 23% over the past three months, making it the worst performer on the Nifty 50. The underperformance mirrors broader weakness in the IT sector and a sharp sell-off across equities. The slide began after a weak Q3 showing, with the company reporting a 7% year-on-year decline in net […]
Ola Electric shares surge 35% in 3 days as EV momentum accelerates
Shares of Ola Electric jumped 7.52% to Rs 39.05 on the BSE in Friday’s trade, extending a strong three-day rally that has lifted the stock nearly 35%. The sharp upswing reflects growing investor confidence, fueled by a string of positive developments and robust operational momentum. In a regulatory filing dated April 7, the company announced […]
India bull Chris Wood likes Pakistan stock market around IMF bailout cycles
Jefferies’ top global equity strategist Christopher Wood, known as an India bull, sees Pakistan as a high‑beta opportunity around IMF support, even as he stays marginally positive on India for the long term. He argues that while India has vastly outperformed Pakistan over decades, Pakistan’s equity market can deliver outsized returns when IMF bailout programmes […]
IT stocks slide up to 3% after TCS Q4 earnings. What’s spooking investors?
Shares of IT companies like Infosys, HCLTech and others tumbled up to 3% on Friday despite overall bullish sentiment on Dalal Street, as India’s largest IT services provider, Tata Consultancy Services (TCS), Q4 earnings failed to cheer investors. The sharp fall in IT stocks pushed the Nifty IT index down more than 2%, even as […]
MFs slashed stakes in 12 smallcaps in Q4; stocks shed up to 55%
Mutual funds trimmed stakes in nearly 45 smallcap stocks during the March 2026 quarter compared with December 2025, signalling a cautious stance toward the segment. Source link
Stock Market Holiday 2026: Are NSE, BSE closed on April 14 for Ambedkar Jayanti? Check market closing dates list
Indian stock markets are set for a holiday-shortened next week, with both the NSE and BSE scheduled to remain closed on Tuesday, April 14, on account of Dr Baba Saheb Ambedkar Jayanti. Last week, the Indian stock market was closed for two days on Good Friday and Mahavir Jayanti. Stock market holidays in 2026 In […]
Big Whale Ashish Kacholia hikes stakes in smallcap market outperformers SG Finserv, Aeroflex in Q4
Ace investor Ashish Kacholia increased his stake in smallcap stock SG Finserv to 2.37% in the March quarter from 1.14% in December, marking a 123 bps rise. He also raised his holding in Aeroflex Industries by 26 bps to 2.27% in Q4FY26 from 2.01% in Q3FY26. SG Finserv is an RBI-registered NBFC offering business financing […]