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HSBC raised its 2026 S&P 500 target to 7,650, citing strong corporate earnings and resilient technology stocks. The brokerage said improving AI adoption, broader market participation and easing macro conditions could potentially push the index beyond the 8,000 mark despite lingering inflation and oil price risks.

IMD predicts heavy rainfall for Tamil Nadu, Puducherry on May 15-16. Kerala will experience rain from May 14-17, while isolated thunderstorms and hailstorms are expected in northwest India and northern states. Heatwave conditions will persist in parts of Rajasthan and Gujarat.
BSE launched India’s first futures and options contracts linked to the Focused IT Index, offering investors new hedging and trading opportunities in the technology sector. The launch attracted strong participation, reflecting growing interest in sector-specific derivatives amid evolving market dynamics and global technology trends.

India has 60 days of crude oil and natural gas supply, as confirmed by the government. Defence Minister Rajnath Singh urged citizens to ‘remain calm’ and assured that measures are being taken to prevent shortages amid global disruptions.

Lakshmir Bhandar was a flagship scheme launched by the Mamata Banerjee-led government in 2021, aimed at providing financial assistance to women from economically weaker sections of society.

Michael Pennington, the distinguished British stage and screen actor known for Shakespearean roles and Star Wars: Return of the Jedi, has died aged 82 at Denville Hall, with his death confirmed by representatives.

Gold prices are expected to remain volatile with a mild downside bias this week as traders monitor US inflation data, Donald Trump’s China visit and US-Iran talks. Technical indicators suggest cautious sentiment, while analysts recommend a sell-on-rise strategy amid resistance near higher levels.

John Neff’s timeless reminder urges investors to stay disciplined during market inflection points—those uneasy phases when trends shift, portfolios wobble, and emotions run high. While uncertainty can trigger panic, long-term wealth is built by holding conviction, avoiding impulsive decisions, and recognising that temporary pain often precedes lasting opportunity.
Separately, Prime Minister Narendra Modi on Sunday urged Indians to conserve fuel, resume work-from-home, limit non-essential overseas travel, cut cooking oil consumption and reduce fertiliser use as surging global energy prices pressure India's foreign exchange reserves.
NSE data showed the heaviest fresh call writing on SBI's 1,000 strike on Monday, signalling that investors expect any near-term rebound in the stock's price to likely be capped at that level.
Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first listed new-age company to reward shareholders with a dividend amid improving stock performance and steady business growth expectations.

The industrialist revealed that he sampled several home-cooked dishes, including Dahi Bara Aloo Dum, Drumstick-Brinjal Besara, Chhena Tarkari, Chakuli Pitha and Aloo Patra Besara — all considered comforting staples in many Odia households.

A US trade delegation is reportedly set to visit India for negotiations, with dates pending. Discussions will focus on the Section 301 investigations by the USTR as per the report, and a trade agreement is expected to be delayed until the probe is completed.

New Tamil Nadu CM Vijay's brief meeting with MK Stalin and Udhayanidhi took place days ahead of the crucial floor test in the Tamil Nadu Assembly to demonstrate the TVK regime's majority strength in the House.
