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Hindalco shares gain 4% after JP Morgan upgrade, aluminium outlook turns bullish

JP Morgan expects substantial earnings growth for the sector over the coming quarters, driven by higher London Metal Exchange aluminium prices and favourable currency movements, particularly the depreciation of the Indian rupee

via Stock Market Today, Stock Market Live News Update | The HinduBusinessLine
PC Jeweller shares rally 10% as Q4 updates lift sentiment, Kalyan Jewellers gains on strong growth outlook

PC Jeweller shares surged as much as 9.5% in early trade, with the stock trading at ₹8.60 at 11.39 am after hitting an intraday high of ₹9.27 against the previous close of ₹8.46

via Stock Market Today, Stock Market Live News Update | The HinduBusinessLine
Gold, silver rates today: Check 24K, 22K gold, 999 silver rates on 7 April in your city — Delhi, Mumbai, Chennai, others

On 7 April, both gold and silver prices in India fell slightly amid profit booking. Check the retail prices of precious metals in major Indian cities. 

via mint - markets
Samsung stock price jumps nearly 5% after Q1 profit seen jumping 8-fold on AI chip boom

Samsung Electronics estimated that its first quarter operating profit jumped to a record high of 57.2 trillion won ($37.9 billion), exceeding market expectations and more than eight times the profit it posted a year earlier.

via mint - markets
AWL Agri shares down 36% since Adani's exit. Q4 update suggests worst is over

AWL’s valuations are appealing, with the stock trading at about 19 times FY27 estimated earnings. But investors must closely track the volatility in prices of raw materials, which form nearly 90% of sales.

via mint - markets
Can tolerate oil at $300, Sensex at 30k, INR at 130, but not Islamabad Accord: Shankar Sharma says amid ceasefire talks

In a recent post, Shankar Sharma voiced strong opposition to a Pakistan-led peace initiative, linking it to national sentiment and identity rather than economic factors. 

via mint - markets
1770% return in one year! Multibagger defence stock jumps after this order update

Multibagger defence stock Swan Defence and Heavy Industries jumped over 5% to ₹1,791.40 apiece on Tuesday, after securing a new order. The stock is a multibagger with over 1770% returns in a year. 

via mint - markets
Vivid Electromech shares list at 2% premium on NSE SME, extend rise to hit 5% upper price band

Vivid Electromech IPO shares listed at 2% premium on NSE SME today. The SME IPO, worth ₹130.54 crore, was a combination of fresh issue of 0.19 crore shares and an offer for sale of 0.05 crore shares. 

via mint - markets
PC Jeweller shares rally 10% as Q4 updates lift sentiment, Kalyan Jewellers gains on strong growth outlook

PC Jeweller shares surged as much as 9.5% in early trade, with the stock trading at ₹8.60 at 11.39 am after hitting an intraday high of ₹9.27 against the previous close of ₹8.46

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Crude oil futures hit record ₹10,888/barrel; WTI touches $116

On the Multi Commodity Exchange (MCX), crude oil for April delivery increased by ₹300, or 2.83%, to hit a lifetime high of ₹10,888 per barrel

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
India returns to buying Venezuelan crude to ease supply crunch

The South Asian nation, which imports about 90% of its crude, has been seeking alternatives after the Iran war disrupted flows through the Strait of Hormuz, which typically transits almost 40% of the country’s oil supplies

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Asian shares mostly higher ahead of Trump's deadline for Iran to reopen oil route

Oil prices have been seesawing amid uncertainty about what will happen in the war with Iran and how long it will slow the global flow of oil and natural gas

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Sell-on-rise or value buying: Which strategy to deploy as Nifty 50 nears 23,000?

Sensex and Nifty 50 fell sharply on April 7 due to rising crude oil prices and geopolitical tensions, dropping 824 and 249 points respectively. FIIs have intensified selling, although analysts believe valuations are now attractive for long-term investments in quality stocks.

via mint - markets
India Bank Options Hedging Costs Climb on RBI, Geopolitical Risk

The cost of hedging against swings in a key Indian banking gauge relative to the broader market has surged, as traders brace for the central bank’s rate decision as well as a potential escalation in the Middle East war.

via mint - markets
USD vs INR: When will FIIs come back to India? DSP MF answers

DSP Mutual Fund suggests that foreign investor flows into India may be reversing due to weak macro sentiment and reasonable valuations, creating contrarian opportunities for global investors. Despite significant outflows, the current market environment could attract foreign capital in the future.

via mint - markets
Has the Indian stock market priced in the US-Iran war? Is it time to increase exposure to equities? DSP MF explains

As the US-Iran conflict escalates and oil prices surge, the Indian stock market faces uncertainty. DSP Asset Managers suggests that despite current headwinds, it might be an opportune moment to increase equity exposure.

via mint - markets
Regulatory risk keeps bankers from tapping rupee futures–forwards arbitrage

Futures-forward gap widens after RBI curbs, unleashing heavy dollar selling in the onshore forward ‌market and pushing dollar/rupee forward rates lower

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Asian shares mostly higher ahead of Trump's deadline for Iran to reopen oil route

Oil prices have been seesawing amid uncertainty about what will happen in the war with Iran and how long it will slow the global flow of oil and natural gas

via Stock Market Today, Stock Market Live News Update | The HinduBusinessLine
Q4FY26 earnings calendar: TCS, Infosys, HDFC Bank, Reliance among key companies to announce results

Here is a date-wise list of key companies scheduled to report their earnings in April and May

via Stock Market Today, Stock Market Live News Update | The HinduBusinessLine
LPG Supply Doubled: Government increases daily allocation of 5 kg cylinders for migrant workers

LPG Supply Doubled: The government has announced a massive increase in LPG supplies, doubling the daily allocation of 5-kg Free Trade LPG (FTL) cylinders supplied to states for distribution among migrant workers.

via Zee Business: India News (author: zee business)
A defining step forward in nation's civil nuclear journey: PM Modi

The prime minister congratulated scientists and engineers as a prototype fast breeder reactor at Tamil Nadu's Kalpakkam attained criticality.

via Zee Business: India News (author: zee business)