Sponsored by Baps swaminarayan akshardham
Sponsored by Paturi law
2811 వార్తలు
Despite a sharp sell-off triggered by rising crude oil prices, Nifty's correction is viewed as healthy and normal by ICICI Direct's Dharmesh Shah. He advises investors to seek entry points, expecting the Nifty to consolidate between 23,500 and 24,500 before heading towards 24,800 in May. Shah identifies telecom, metals, and capital goods as sectors to buy on dips.
A tragic accident in Dhar, Madhya Pradesh, resulted in 16 fatalities when a pick-up van transporting labourers overturned and collided with an SUV. Emergency relief efforts are underway, and officials have pledged medical support for all survivors and compensation for victims' families.
World News Today Live Updates on April 30, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.
Edelweiss Financial shares fell sharply after reporting a 17% YoY drop in Q4 net profit and weaker sequential performance. Despite pressure on earnings and revenue, the company showed steady growth in asset management and insurance segments. It also announced a dividend, while management flagged global uncertainties impacting the outlook.
United Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global energy market. The move comes amid a Strait of Hormuz blockade and ongoing Iran conflict, heightening fears of severe oil supply disruptions from alliances that control nearly half of global output.
Tech giants, including Google-parent Alphabet, Amazon, Microsoft, and Meta, announced their quarterly earnings on Wednesday, with the Facebook and Instagram-parent appearing to fall behind in terms of AI boost.
Maharashtra Day, Buddha Purnima and Labour Day will be observed on 1 May. let's find out whether schools, colleges, banks, offices, stock market, hospitals and businesses will be closed on this day.
Japan's Nikkei share average fell on Thursday as a surge in oil prices, driven by reports of possible U.S. military action to break the Iran stalemate, and mixed corporate earnings dampened investor appetite.
Australian shares ended at a four-week low on Thursday, extending losses to an eighth straight session as surging oil prices stoked inflation and growth worries, while top grocer Woolworths sank over 7% after warning rising costs would hit earnings.
Multiple SpiceJet flights from Mumbai’s Terminal 1 to Delhi, Bengaluru, and Ahmedabad faced long delays and sudden cancellations, leaving passengers stranded. Videos showed crowded gates and tense scenes as frustration mounted over poor communication and rebooking issues.
Despite a calm surface, Indian equity markets face mounting macroeconomic pressures from rising crude oil prices and a weakening rupee. Experts warn that current market behavior suggests complacency, with potential earnings cuts looming as underlying economic softness emerges. Analysts anticipate a downward revision of Nifty earnings estimates for FY27.
Adani Ports Q4 Results: The company reported a 10% increase in consolidated net profit to Rs 3,329 crore for the March-ended quarter, with revenue growing 26% year-on-year to Rs 10,737 crore. The company surpassed its FY26 guidance, handling over 500 MMT of port cargo and recommending a dividend of Rs 7.50 per equity share.
Vedanta shares adjusted sharply post demerger, reflecting exclusion of four business units. While strong Q4 earnings and broker targets indicate upside, analysts remain divided. Some recommend waiting for price discovery, while others see value driven by zinc business strength and improved corporate structure post demerger.
Rising Brent crude prices and a weakening rupee are raising concerns for India's economy. Policy interventions, including controlled fuel prices and tax reductions, are currently buffering the immediate inflationary impact. However, a sustained surge in oil prices could force retail price adjustments, leading to a sharper macro impact.
Market expert Dharmesh Kant highlighted strong numbers for Bajaj Finance, though macro headwinds may impact near-term performance. He expressed a cautious stance on the IT sector, citing sluggish growth and weak discretionary spending. For FMCG, while Q4 benefited from tailwinds, rising input costs pose a concern.
Lam's visit coincides with the special occasion of the two countries marking the 10th anniversary the Comprehensive Strategic Partnership, agreed upon during PM Modi's visit to Vietnam in 2016.
