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Elections 2026Markets / The Hindu Businessline
He also cautioned against costly foreign borrowing and NRI deposit schemes to boost reserves.
For the fourth quarter ended March 31, 2026, consolidated revenue came in at 944 crores, up 17% year-on-year
The rupee has faced pressure recently due to rising crude oil prices, high global bond yields, foreign fund outflows, and geopolitical tensions
Regulator suggests revised base price norms, automatic price band widening and stricter auction criteria
The Nifty 50 closed at 23,654.70, down 4.30 points or 0.02%, after hitting an intraday high of 23,859.90. The Sensex fell 135.03 points or 0.18% to finish at 75,183.36
The rupee closed at 96.20, up 0.6% from its close at 96.82 in the previous session, its best one-day gain in two weeks
Market experts predict FY27 will be driven by earnings rather than valuation, with investors focusing on sustainable profitability, execution, and stock-specific opportunities instead of aggressive multiple expansion
Investors are still gauging the geopolitical risk and oil price sensitivity in the background, with any flare-up in the West Asia tensions or spikes in crude
However, hawkish signals from the Federal Reserve and uncertainty over inflation and interest rates continued to limit gains in bullion markets.
While easing crude oil prices and optimism around U.S.-Iran talks supported sentiment, investors remained cautious amid geopolitical uncertainty and resistance near key market levels
The stocks total market capitalisation stands at 5,11,692 crore
Net profit for FY26 stood at 724 crore, up 34.1% year-on-year, while EBITDA rose 30.1 per cent to 819 crore.
The stock was trading at 39.71 on NSE Thursday morning, down 0.68% from its previous close, with a total market capitalisation of 358.50 crore
The launch comes as KFintech shares traded at 816.15 on Thursday, down 1.44% from the previous close of 828.05, with a market capitalisation of approximately 14,090 crore
Nayar, who previously led Mila Beaut and Swiss Beauty, will drive brand expansion and consumer growth as Honasa strengthens its presence in adjacent beauty categories.
The stock traded 2% higher at 497.75 on the NSE at the time of writing after hitting an intraday high of 517, compared to the previous close of 486.85
Investors are still gauging the geopolitical risk and oil price sensitivity in the background with any flare-up in the Middle East tensions or spikes in crude, forex traders said.
The stock climbed to a 52-week high of 3,098.30 on the NSE and was trading at 3,068.70 at 9.25 am, compared to the previous close of 2,971.10
The Sensex, which closed at 75,318.39 on Wednesday, opened at 75,732.42 and was trading at 75,682.35, up 363.96 points or 0.48%, as of 9:19 AM
Q4 Results Today, May 21, 2026, Live Updates: Catch more updates here
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Shyam Metalics & Energy. The share price has been moving inside a bull channel since March this year. It is now moving up towards 960, the upper end of the channel. We see high chances for the share price to breach 960. Such a break can take Shyam Metalics & Energy share price up to 1,000 and even 1,040 in the coming months.
Elon Musk is expected to retain control through a super-voting share structure, while the filing also highlights SpaceXs expansion into AI, satellite internet, and future space-based computing ambitions
Regulator suggests allowing salary deductions for MF investments, commission payouts in MF units and donations through schemes with safeguards
Parle Industries Ltd.s shares surged 5%, the most in 2 months, after traders appeared to mistake the company for Parle Products Pvt. the unlisted maker of Melody candies and the popular Parle-G biscuits in India
Sensex, Nifty, Share Prices Highlights: Benchmark equity indices rebounded on Wednesday on fag-end buying and a sharp rally in blue-chip Reliance Industries.
The rupee slid to 96.96 per dollar, breaching its previous record low of 96.6150 hit in the prior session, and ended the day at 96.82
Report says total retail loans outstanding reached 170.2 lakh crore as of March 2026, registering a 16.6% year-on-year growth and a 4.6% quarter-on-quarter increase
Recovery comes despite persistent macro headwinds
Spot gold was down 0.2% at $4,472.09 per ounce, as of 0615 GMT, having touched its weakest level since March 30
Nomura retains buy rating on BPCL with a target price of 460
Novelis, the wholly-owned subsidiary of Hindalco Industries, reported a consolidated net loss of $84 million for the quarter ended March 31, 2026, compared with a net profit of $294 million in the year-ago period
Rupee has fallen 0.6 per cent this week, following a 1.6 per cent decline last week, and is down more than 7 per cent since the start of the year
US gold futures for June delivery lost 0.9% to $4,471.10
Only three stocks gain on the Nifty 50 in early trade. Hindalco leads gainers, rising 1.26% to 1,061.50. TCS adds 0.50% to 2,338.70, while Infosys edged up 0.02% to 1,197.10
Q4 Results Today, May 20, 2026, Live Updates: Catch live updates
The rupee fell to 96.8650 per dollar on Wednesday, eclipsing its previous all-time low of 96.6150
The scale and timing of trades have triggered renewed ethical concerns, with critics arguing it raises potential conflicts of interest, despite claims that investments are independently managed
Sensex, Nifty, Share Prices LIVE: The stock is stuck inside a narrow range of 292-318 for more than two weeks now. It is now near the upper end of this range. The bias is positive to see a bullish breakout above 318 eventually. Such a break can take Manappuram Finance share price up to 345-350 initially and then to 370 eventually. Immediate support is at 300.
While near-term volatility is likely, analysts remain cautiously optimistic, with Emkay Global maintaining a March 2027 Nifty target of 29,000
Buzzing stocks today include SPARC, Omaxe, Mastek, JSW Energy, Jindal (India), ITC, Lyka Labs, Airfloa Rail, and Transformers & Rectifiers, driven by fresh deals, leadership changes, expansion plans, regulatory updates, and strategic business developments across industries.
Launch initiatives to attract old gold jewellery in exchange for new designs
Stock of erstwhile Taaza International ends 5% higher at 110.23
The Wealth Companys participation is intended to broaden investor access to gold through institutional investment vehicles
Jateen Trivedi said that market participants continue to prefer dollar buying and rupee selling as a hedge against ongoing volatility, projecting a near-term trading range of 96.2597.00 for the rupee
Indias top five states contribute nearly half of its GDP, highlighting significant economic disparities and growth potential
The brokerage said the Strait of Hormuz has remained shut for eleven weeks following an escalation beginning in early April, pushing Brent crude to $105110 per barrel