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Nifty snapped its four-session losing streak with modest gains led by metals, energy and consumer stocks, though bearish momentum persisted technically. Analysts identified SAIL and Hindustan Copper as promising buy opportunities, citing breakout patterns, improving momentum indicators and favourable price structures for near-term upside potential.
UK Prime Minister Keir Starmer is facing growing pressure amid reports of internal Labour unrest and speculation over a leadership challenge. Health Secretary Wes Streeting is among the frontrunners tipped to replace him.
DLF reported stable quarterly profit and strong annual earnings growth supported by healthy sales bookings, rising rental income and robust cash generation. The realty major ended FY26 debt-free in its development business, strengthened shareholder returns and maintained confidence amid sustained housing demand momentum.
In a unanimous ruling, the court found that actions by former Colleton County clerk of court Becky Hill improperly influenced jurors and undermined Murdaugh’s right to a fair trial.
DLF reported a marginal decline in quarterly profit as revenue dropped sharply amid lower project recognition. Strong collections, healthy bookings and rising rental income supported performance. The realty major maintained robust cash generation, improved annual profitability and recommended a dividend for FY26 shareholders.
The proverb teaches the value of restraint, encouraging individuals to stop at eight-tenths of capacity in various aspects of life. This practice promotes health, resilience and mastery over desires.
IndiGo issued a travel advisory due to rain and hailstorm in Delhi-NCR, impacting flight operations. The airline acknowledgd potential delays and appreciates passenger patience while ensuring support from crew and ground teams.
Wall Street's top regulator is watching private funds for risks. The new enforcement director, David Woodcock, highlighted concerns about liquidity, fees, and conflicts of interest. He stated the agency is prioritizing quality over quantity in its enforcement efforts. The focus remains on protecting investors and markets from harm. Firms must ensure their representatives understand client needs and product risks.
As the US and Iran continue to work towards a framework agreement to end the war, which started in late February, Pentagon is now considering to rename the war in Iran. The development comes as President Donald Trump has threatened to resume military strikes if the two sides fail to make a deal
Wholesale prices in the United States rose sharply in April, pushed by a surge in energy costs related to the Iran war, registering their highest 12-month increase in more than three years. The wholesale prices came a day after US consumer inflation also came in at a three-year high, registering at 3.8 percent year-on-year in April.
Amul has raised milk prices by ₹2 per litre across India, effective May 14, due to increased input costs. This hike may affect food inflation and impact middle-class budgets. The last price increase occurred on May 1, 2025.
The S&P 500 was subdued at the open on Wednesday, as hotter-than-anticipated producer prices reinforced bets that the Federal Reserve would keep monetary policy restrictive all through this year.
UK Prime Minister Keir Starmer is facing mounting pressure to resign after Labour’s local election losses triggered calls for his exit from ministers, MPs and unions. Despite growing unrest within the party, Starmer has insisted he will remain in office and continue governing.
In response to Prime Minister Modi's appeal for energy conservation, several officials, including Governors and Chief Ministers, have reduced their convoys by up to 50%.
