Market News
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India's retail car sales hit record in April, but Mideast crisis clouds outlook
Indian car sales reached an all-time high in April. Passenger vehicle sales saw a significant jump. This growth was driven by rate cuts, easier financing, and strong demand from rural areas. However, concerns about Middle East tensions and rising fuel prices may affect demand in the coming months. Dealers are monitoring inventory levels and urging caution from manufacturers.
Retail direct equity bets fall, MF holdings rise to new high
Individual investors reduced direct equity ownership for the third consecutive quarter, while mutual fund holdings reached a record high, driven by surging retail inflows. Foreign ownership hit a 14-year low amid a risk-off sentiment, contrasting with domestic institutional holdings climbing to an all-time peak.
Tata Tech Q4 Results: Profit up 8%; margins dip on one-offs, dividend declared
Tata Technologies posted steady Q4 growth, though margins contracted YoY. Management flagged strong deal wins and visibility, maintaining confidence in double-digit FY27 growth alongside sustained margin expansion.
Raja Venkatraman, MarketSmith recommend five stocks for 4 May
After a dip in late April, Indian markets may start positively on May 4, driven by a favourable Gift Nifty. Analysts recommend buying stocks such as Syngene International and DCM Shriram, highlighting their growth potential despite recent market volatility.
Stock markets can deliver years of zero returns, explains DSP Mutual Fund MD, CEO: Key takeaways for investors
Kalpen Parekh, MD and CEO at DSP Mutual Fund, shared an important insight in his post on social media platform X (formerly Twitter) that all markets can have long periods of zero returns.
Sensex dives 850 pts, Nifty slips below 24,200 amid oil shock and weak global cues
The equity benchmark indices Sensex and Nifty tumbled on Thursday, extending losses for a second straight session. Firm crude oil prices and ongoing geopolitical tensions rattled sentiment. Brent crude surged for the fourth consecutive day to around $103 per barrel amid uncertainty over US-Iran talks and fresh concerns around the Strait of Hormuz. Weak Asian cues and persistent foreign fund outflows deepened the sell-off. The Nifty slipped below the 24,200 mark, dragged by auto, PSU banks and consumer durables stocks, while pharma and healthcare shares saw selective buying. Investors stayed cautious, closely tracking the ongoing Q4 earnings season for further triggers.
Tata Mutual Fund picks up ₹37 crore in multibagger small-cap stock Mufin Green Finance via bulk deal
Tata Mutual Fund invested ₹37 crore in Mufin Green Finance, acquiring 33,00,000 shares at ₹113.23 each. This investment highlights institutional interest in EV financing, with Mufin's stock rising to ₹117.70 post-deal, reflecting strong market confidence in niche NBFCs.
Tata Communications Q4 Results: Profit falls 75% YoY to Rs 259 crore; co declares Rs 17.5 dividend
Tata Communications reported a 75% YoY drop in Q4 profit to Rs 259 crore due to absence of one-off gains, despite 9% revenue growth. Higher costs and base effects pressured margins, while the company announced a Rs 17.5 dividend.
Pahalgam anniversary: How the 2025 terror attack triggered Rs 3 lakh crore defence boom and created 3 multibagger stocks
One year after the Pahalgam terror attack, India’s defence sector has entered a major upcycle, adding Rs 2.9 lakh crore in market cap as the Nifty India Defence Index gained 37%. Stocks like MTAR Technologies, Apollo Micro Systems, and Data Patterns turned multibaggers, supported by record FY26 procurement approvals worth Rs 9.3 lakh crore.
IT stocks weigh on India's Sensex, Nifty after HCLTech forecasts slower growth - Reuters
IT stocks weigh on India's Sensex, Nifty after HCLTech forecasts slower growthReuters
IT stocks weigh on India's Sensex, Nifty after HCLTech forecasts slower growth - Reuters
IT stocks weigh on India's Sensex, Nifty after HCLTech forecasts slower growthReuters
HDFC Bank growth steady; leadership exit seen as 'one-off' by InGovern
A report by InGovern Research said the recent leadership change after the sudden resignation of part-time chairman Atanu Chakraborty at HDFC Bank does not raise broader governance concerns, describing the episode as 'one man’s values dilemma' rather than a systemic issue. Shares of HDFC Bank ended 1.78% (₹14.45) lower at ₹795.45 on the NSE today, April 16.