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Small-cap stock under ₹50 to be in focus on Monday; here's why
Globe International Carriers reported a consolidated net profit for the quarter at ₹1.53 crore in FY26, down from ₹2.10 crore in the corresponding period last year.
Zara India Profit Falls 32% In FY26 As Trent Sharpens Focus On Broader Fashion Portfolio
While Zara reported lower revenue and profit in FY26, Trent's value-fashion chain Zudio continued to drive store expansion and overall retail growth.
Dollar index surges back near 99.50 amid fresh strikes between US and Iran
The dollar index surged back overnight and extends upside on Thursday morning in Asia amid signs of fresh strikes between US and Iran. The exchange of attacks between the US and Iran has significantly dented optimism towards a permanent peace deal. The resumed military strikes has also resulted in an increase in oil prices, that could boost inflation expectations further move towards a hawkish Federal Reserve stance. The dollar index that measures the greenback against a basket of currencies is quoting at 99.50, up 0.35% on the day. Investors will now focus on the US Personal Consumption Expenditure Price Index (PCE) data for April, which will be published later today, for further cues.
RIL announces AGM date on June 19; updates on Jio IPO in focus
Reliance Industries Ltd will hold its 49th annual general meeting on June 19, 2026. The company reported strong revenue and growth in its consumer businesses for the fiscal year. Investors anticipate updates on Reliance Jio IPO and new energy ventures. The meeting will cover the company's future investment plans and retail expansion.
Rupee Ends Flat At 95.68 Against Dollar Amid US-Iran Tensions, RBI Policy Focus
At the end of Wednesday's close, the rupee was quoted at 95.68, down 2 paise from its previous closing.
DXY holds around 99 mark; US PCE inflation data in focus
The dollar index is holding around 99 mark but broad momentum stays downbeat as optimism grows over a possible peace deal between US and Iran. However, renewed tensions and ongoing uncertainty around the strategic Strait of Hormuz is likely to keep DXY supported. US military reportedly confirmed it launched self-defense strikes in southern Iran, while Irans Revolutionary Guard claimed it targeted an American F-35 fighter jet and several drones that had allegedly violated Iranian airspace. Off late, Middle East tensions had driven a safe-haven flight to the US Dollar while simultaneously spiking oil prices, which fuels sticky US inflation and forces the Federal Reserve to delay rate cuts. Investor now shift focus towards upcoming PCE inflation data for further clues on the Feds future policy direction. The dollar index that measures the greenback against a basket of currencies is quoting at 98.99, down 0.12% on the day.
Rupee declines 15 paise against dollar on geopolitical worries, month-end flows
Indian rupee opens weaker at 95.38 against US dollar, hit by West Asia tensions, higher crude prices, RBI stance and inflation worries in focus.
Dollar index stays firm around a six week high
The dollar index stays firmly above 99 mark on Friday, amid growing uncertainty surrounding a deal between US and Iran. Elevated crude oil prices and ensuing higher inflation and interest rate scenario is keeping the dollar index afloat. The US Dollar Index, an index of the value of the US Dollar measured against a basket of six world currencies, currently trades near 99.25, a six week high. Data released by the US Department of Labor on Thursday showed that the number of Americans filing claims for unemployment benefits fell last week, indicating labor market resilience and providing the Federal Reserve (Fed) with room to focus on rising inflation.
BEL Shares In Focus After Q4 Results; Nirmal Bang Stays Bullish Despite Rich Valuations — Check Target Price
BEL's order book stood at Rs73,900 crore as on April 01, 2026, while FY26 order inflows came in at Rs 30,400 crore, providing strong multi-year execution visibility.
Amber Enterprises Shares in Focus After Q4; Valuations Look Fair, Says Nirmal Bang — Check Revised Target Price
Following the recent 15% correction, Amber appears fairly valued, contingent on timely execution of Electronics margin expansion without material slippages.
GST gains eroded by Gulf war: Dabur CEO Mohit Malhotra
Dabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring digital brands. Inflation has surged due to the conflict. Dabur expects value growth to continue for two quarters. Rural markets are a key focus. The company is also investing in smaller brands through Dabur Ventures.
DXY hovers around 98.50 mark; Trump-Xi meeting outcome awaited
The dollar index continues to hover around 98.50 mark on Thursday after US data reinforced inflationary pressures and higher interest rate scenario for longer. Accelerating inflationary pressures in the United States economy amid higher energy prices have for now ruled out possibility of any rate cut. Data released by the US Bureau of Labor Statistics on Wednesday showed that the US Producer Price Index (PPI) jumped by 6.0% on year in April, following the 4.3% seen in March. US wholesale inflation accelerated at its fastest annual pace in four years. Meanwhile, investors stay watchfully cautious ahead of the US President Donald Trump-Chinese President Xi Jinping summit in Beijing. Investors will also focus on the US retail sales data for April due later today.