Market News

INR hits record low beyond 96 per dollar mark during intraday moves

The Indian rupee crashed below the 96/USD mark on Friday before closing at an all-time low of 95.86 (provisional) against the US dollar as elevated crude oil prices and inflation concerns added to the downside pressure on the rupee. Indian shares also reversed early gains to end modestly lower on Friday as Hormuz concerns persisted and the Trump-Xi summit yielded little progress on the war in Iran. The domestic currency has registered over 6 per cent losses so far this year, and in the past six trading sessions, it has depreciated nearly 2 per cent as Iran war risk escalation pushed crude oil prices higher. The dollar index moved northwards after strong US retail sales and stable labour market data reduced expectations of aggressive Federal Reserve rate cuts. Global uncertainties, relatively high valuations, and the lack of AI-led investment opportunities have weighed on capital flows.

Gold discounts in India hit all-time high, China premiums stay firm

India gold discounts hit records after import duty hike and weak demand, prices surge then ease, while China sees steady premiums on strong investment and industrial buying.

Global investors Temasek, Alpha Wave Global eye $1.3 bn investment in Adani Airports

In all, four investors are expected to join the consortium seeking a stake in India's largest private airport operator, betting that air traffic growth will continue to rise in India. The identity of the other two investors could not be independently verified.

Global investors Temasek, Alpha Wave Global eye $1.3 bn investment in Adani Airports

Adani Airports: In all, four investors are expected to join the consortium seeking a stake in India's largest private airport operator, betting that air traffic growth will continue to rise in India. The identity of the other two investors could not be independently verified.

Dipan Mehta on Kaynes, Airtel, MTAR: Why corrections could be buying opportunities

Dipan Mehta, Director at Elixir Equities, believes sharp corrections in quality growth stocks can create buying opportunities, even after disappointing earnings. He remains positive on Kaynes Technology India despite weak quarterly numbers, citing a strong order book and semiconductor plans. He also likes Bharti Airtel and remains optimistic about AI-focused firms like Fractal Analytics and renewable energy player CleanMax Enviro Energy Solutions. Disclaimer: The views and investment tips expressed by investment experts on CNBC-TV18.com are their own and not those of the website or its management. CNBC-TV18.com advises users to consult certified experts before making any investment decisions.

The Investment Trust of India consolidated net profit rises 6.78% in the March 2026 quarter

Sales decline 43.48% to Rs 53.12 crore

Ahmedabad to Dholera in 48 minutes: High-Speed double line project to boost connectivity

The launch of a modern semi-fast rail link between Ahmedabad and Dholera is set to transform travel in Gujarat. With an investment of Rs 20,667 crore, this line will shrink travel duration to just 48 minutes, making daily work commutes and same-day excursions a breeze.

Deven Choksey cautious on jewellery, gold finance and paint stocks

Deven Choksey of DRChoksey Finserv remains cautious on jewellery, gold finance and paint stocks despite strong demand trends. He believes jewellery and gold finance companies are largely fully priced after a strong run and investors should wait for better entry points after meaningful corrections. On paint companies, Choksey expects competitive and cost pressures to remain high for now. He sees potential in selective midcaps such as Tata Technologies and some real estate names. Choksey also sees Hindustan Zinc and Vedanta benefiting from higher silver prices. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

IT stocks tumble on OpenAI's push into AI adoption

Indian IT stocks experienced a significant downturn on Tuesday, with the Nifty IT index plummeting 3.7% to a three-year low. This decline was triggered by OpenAI's substantial investment in AI adoption, raising concerns about its impact on traditional software services business models.

Infosys Share Price Live Updates: Infosys's beta indicates a stable investment

Sebi proposes allowing depositories to use part of IPF investment income for trust expenses

At present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeting expenses related to dedicated employees of the IPF Trust, administration of Investor Service Centres, and other statutory and administrative expenses such as taxes, audit fees and charity commissioner fees. However, no such provision exists for depositories.

Trust MF’s Mihir Vora sees earnings driving markets, stays bullish on industrials and renewables

Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains overweight on the industrial theme, particularly renewables, capital goods, and manufacturing-linked investments supported by production-linked incentive (PLI) schemes.