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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.

Despite a falling Sensex, several BSE 500 stocks delivered multibagger returns up to 190%. Many saw increased FII interest, highlighting strong sectoral opportunities and selective wealth creation amid broader market underperformance.


Hindustan Unilever shares fell up to 4.4% despite a strong Q4, with net profit rising 21.4% YoY to Rs 2,992 crore. Revenue grew 7.6% to Rs 16,351 crore, while EBITDA rose 3.2% to Rs 3,877 crore, improving margins to 23.7%. Home Care led segmental growth, delivering its best performance in 11 quarters, driven by strong Fabric Wash demand.

Vedanta anticipates a historic FY26, driven by record profitability in its aluminium and zinc businesses with margins at 38% and 50% respectively. The company confirmed a demerger effective May 1, with all four newly listed entities trading by end-June. Management also outlined a clear deleveraging plan for Vedanta Resources, aiming to reduce debt to $3 billion over three years.
Force Motors shares dropped 5.66% after reporting a 36% year-on-year decline in Q4FY26 net profit to Rs 278.5 crore, despite an 8.2% rise in revenue. Higher costs impacted profitability. However, full-year profit surged 51% to Rs 1,211.6 crore, and the board recommended a Rs 50 dividend.

French IT firm Capgemini saw its revenue climb seven percent year-on-year in the first quarter. This performance met the company's expectations. Growth was boosted by strong results in North America, partly due to a recent acquisition. The company has confirmed its revenue growth target for the year. Headcount also saw a significant increase.