Market News

Dalal Street poised for strong start as GIFT Nifty hints at robust gap-up opening

Indian stock markets faced pressure due to firm crude oil prices. The Nifty index remained below a key technical level for eight days, signaling a bearish trend. However, technical indicators suggest a potential recovery from current levels. Volatility eased slightly, offering some support. Foreign investors were net buyers, while the Indian Rupee touched a record low.

It's History! Smallcaps could build on big gains last month

The Nifty Smallcap 100 index surged 18.4% in April, its third-highest monthly gain since inception. Historical data suggests this could lead to further gains over the next 12 months, though elevated valuations present a potential cap on upside. Experts remain positive on small caps for an 18-24 month view, but caution that current valuations are richer than in prior episodes.

ICICI Bank, L&T drag Nifty below 24,050; Sensex falls 252 points as rupee hits record low

The Nifty closed below the 24,050 mark, with ICICI Bank, Larsen & Toubro, Bharti Airtel and HDFC Bank among the biggest drags on the index.

Adani Power Ltd rises for third straight session

Adani Power Ltd is quoting at Rs 230.12, up 1.24% on the day as on 12:49 IST on the NSE. The stock is up 114.64% in last one year as compared to a 1.65% slide in NIFTY and a 21.17% slide in the Nifty Energy index.

ICICI Bank Share Price Live Updates: ICICI Bank's Current Price and Market Performance

Mcap of 4 most valued firms surges by ₹2.20 trn, Reliance biggest winner

The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 249.29 points or 0.32 per cent. "Markets ended the week with marginal gains, reflecting a volatile and range-bound trading environment amid mixed global and domestic cues," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said. However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added. While Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS) and Bajaj Finance were the gainers from the pack, HDFC Bank, State Bank of India, ICICI Bank, Larsen & Toubro, Hindustan Unilever and

Benchmarks slide as crude climbs, Sensex sheds 583 pts, Nifty below 24K

Equity benchmark indices tumbled on Thursday as surging crude oil prices, weak Asian cues and relentless foreign fund outflows battered investor sentiment. The Nifty slipped below the 24,000 mark, weighed down by banking stocks. Most sectoral indices ended in the red, with the Nifty IT index bucking the trend. Brent crude climbed to around $120 per barrel amid rising fears of supply disruptions linked to potential curbs on Irans ports, fuelling inflation concerns in India. Global markets offered little support, pressured by elevated energy prices and uncertainty over the Federal Reserves policy stance. Meanwhile, a sharp slide in the rupee to a record low added to the strain on domestic equities.

Second-best performing midcap stock of 2026 surges another 9% after strong parent results

GE Vernova T&D shares are also up 40% so far in 2026, making it the second-best performing stock on the Nifty Midcap index, following Hitachi Energy India, which is up over 60%.

Raymond James strategist: ICICI Bank, HDFC Bank resilient; backs commodities, gold

Matt Orton, Chief Market Strategist at Raymond James explains the global market rebound, highlights AI-driven earnings strength, outlines India’s outlook amid energy pressures, and makes a case for a commodity supercycle with 5% gold allocation.

India can handle oil at current levels; financials may recover: Allspring’s Prashant Paroda

As geopolitical tensions around the Strait of Hormuz show signs of easing, Prashant Paroda, Portfolio Manager – Emerging Markets at Allspring Global Investments, believes markets are already factoring in a resolution. He adds that while Indian financials initially took a hit, recent earnings from HDFC Bank and ICICI Bank are in line with expectations, and stable loan growth could support a gradual recovery in the sector.

Top Gainers & Losers on April 16: GMDC, Netweb Tech, Adani Power, Sonata Software, YES Bank among top gainers

On April 16, the Indian stock market closed with modest losses after a recent rally. The Nifty 50 fell 0.18% while the Sensex dropped 0.21%. Broader markets showed gains, indicating a bullish tone, amid improving sentiment from potential US-Iran negotiations.

Nifty can rally another 900 points if it breaks decisively above this level, CLSA chartist projects

The Nifty 50 index has gained in seven out of the nine trading sessions so far in April and five of those sessions has seen the index gain at least 1% or more.