Market News
Stay updated with the latest market trends, earnings, and economic indicators.
China-like grid planning needed to meet renewable energy goal: MNRE secretary
India aims for 1,800 gigawatts of renewable energy by 2050. Achieving this requires a super grid, similar to China's. The government plans to spend $574 billion by 2030 on high-voltage lines. Enhanced grid infrastructure will address power evacuation challenges. Policymakers are working with states to ensure necessary equipment and storage systems are in place for better renewable energy integration.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian benchmark indices experienced a significant sell-off on Monday, marking their third consecutive session of decline. The Nifty50 and BSE Sensex both tumbled, led by banking, automobile, and energy sectors amid investor risk aversion. Analysts suggest a weakening trend with immediate support for the Nifty at 23,700.
Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCs
Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost, unlike many global energy systems that imposed rationing or passed through steep price increases.
Market Trading Guide: Buy Tata Consumer and Welspun Corp on Tuesday for gains up to 14%
Nifty extended losses for a third straight session amid heavy selling in banking, auto and energy stocks. Analysts warned of a bearish trend after technical breakdowns below key moving averages, while recommending Tata Consumer and Welspun Corp as bullish positional trading opportunities
India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say
India has refused Russian liquefied natural gas shipments under United States sanctions. This decision comes amid energy supply concerns due to Middle East tensions. A Russian LNG tanker bound for India remains in limbo. India prioritizes avoiding sanctioned cargoes due to compliance risks. Russia seeks new markets for its LNG exports.
140 Bps Cut: HSBC Sharply Slashes India GDP Forecast Citing Energy Shock, Deficit Rainfall Forecast
The brokerage said it has accounted for up to Rs 7 hike per litre on petro.
Sunil Bharti Mittal says now is the time to ‘double down’ on investing in India: 'Cut obsession with gold imports'
Amid soaring global crude oil prices and an energy crisis fuelled by the ongoing US-Iran conflict, Sunil Bharti Mittal, also advocated the use of renewable energy.
Stocks to Watch for May 12: JSW Energy, Ather Energy, Indian Hotels, Groww and more
From JSW Energy reporting record EBITDA in the March quarter to Indian Hotels reporting a strong Q4 performance and announcing a dividend of ₹3.25 per share, these are some stocks to watch ahead of Tuesday's trading session.
India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: Centre
India is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy security and ample reserves. This collective effort aims to ease the nation's financial burden from high international crude prices. Prime Minister Modi urges public participation to reduce consumption and protect foreign exchange reserves.
JSW Energy Q4 PAT jumps 38% YoY to Rs 574 cr
JSW Energy reported an 38.36% jump in consolidated net profit to Rs 573.53 crore in Q4 FY26, compared with Rs 414.51 crore in Q4 FY25.
Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy
India's Petroleum Ministry confirms stable fuel supplies despite global energy challenges. Crude oil inventories are secure, refineries operate at peak capacity, and no fuel shortages are reported nationwide. The government urges citizens to conserve fuel by using public transport, carpooling, and opting for electric vehicles. These measures aim to ease the nation's economic burden and reduce import dependence.
Fervo Energy files for upsized 70M share IPO at $25-$26/sh - Investing.com India
Fervo Energy files for upsized 70M share IPO at $25-$26/shInvesting.com India