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Nifty reclaims 24,000 as ceasefire sparks biggest rally in months

Nifty closed at 23,997.35, up 873.70 points or 3.78%; Sensex settled at 77,562.90, adding 2,946 points or 3.95%

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
MMTC-PAMP launches buyback offer for silver coins, bars, jewellery

MMTC-PAMP will commence silver recycling at select exclusive brand stores / purity verification stores in Kolkata, Bhubaneswar, Guwahati, Ludhiana, Ahmedabad, Mumbai and New Delhi

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Govt tightens LPG norms for industries, links allocation to PNG adoption

Govt tightens LPG norms for industries: In a letter issued by the Ministry of Petroleum and Natural Gas on April 8, the government informed that it has revised the allocation of packed non-domestic Liquefied Petroleum Gas (LPG) for various industrial sectors.

via Zee Business: India News (author: zee business)
Natural Diamond Council celebrates ‘World Diamond Day’

The special day was introduced as a global movement to recognise and celebrate the joy, passion, and community that natural diamonds inspire

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Oil and Gas prices plunge after US and Iran agree to a ceasefire

Brent fell as much as 17% before trading around $92 a barrel, while European natural gas futures posted their biggest decline in more than two years, shedding as much as 20%

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Jaipur Metro Phase 2: Cabinet clears 41-km corridor, approves Rs 1.74 lakh crore projects, Rs 79,459 crore HPCL refinery — Key details

Cabinet approves Rs 1.74 lakh crore projects, with a strong focus on Jaipur Metro Phase 2 and the Rs 79,459 crore HPCL Rajasthan refinery. Fertiliser subsidy raised to Rs 41,534 crore amid Iran-linked global cost pressures, alongside major hydropower approvals.

via Zee Business: India News (author: zee business)
Broker’s Call: Jindal Stainless (Buy)

It has commissioned the 1.2 million tonnes (mt) stainless steel melt shop (SMS) in Indonesia, developed through its joint venture, ahead of schedule

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Broker’s Call: Tech Mahindra (Buy)

The management anticipates that AI-led legacy modernisation will be a massive opportunity over the next 2-3 years, particularly in sectors with high custom software footprints like financial services and healthcare

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Ola Electric shares surge 33% in five sessions. What’s behind the sudden comeback?

Investor confidence in OLA Electric has risen as shares hit ₹30.27, marking a 33% gain this month. Factors include a spike in vehicle registrations and a price reduction on its motorcycle. However, the stock still trades significantly below previous highs, indicating ongoing challenges.

via mint - markets
Wall Street soars as crude oil slumps after US-Iran ceasefire

The Dow Jones Industrial Average rose 0.85%, the S&P 500 surged 2.08%, the Nasdaq Composite jumped 3.65%

via mint - markets
Meta Platforms, Nvidia to Amazon: Magnificent Seven stocks jump up to 6% as US-Iran ceasefire lifts sentiment

US stocks opened sharply higher on 8 April, fuelled by a temporary ceasefire between the US and Iran. Major indices rose over 2%, with tech stocks like Meta and Tesla seeing significant gains. The ceasefire eased energy supply concerns and raised expectations of potential US rate cuts.

via mint - markets
West Asia Crisis: Govt assures fuel, coal, LPG supply; welcomes US-Iran ceasefire

West Asia Crisis: India has assured sufficient coal, LPG and fuel supply despite the ongoing West Asia crisis, citing strong stock positions and coordinated measures. The government also welcomed the US-Iran ceasefire, stressing stability in global energy routes and uninterrupted supply chains.

via Zee Business: India News (author: zee business)
Corporate governance must empower people, says Arundhati Bhattacharya

At BSE event ‘Dharmam Chara’, leaders link governance to everyday decisions, social impact and organisational values

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
SEBI plugs lock-in gap for pledged shares

‘Non-transferable’ tag to ensure compliance with IPO lock-in norms under ICDR rules

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Nifty 50 may reclaim record high this fiscal, says HDFC Securities CEO

The brokerage remains constructive on Indian equities, with expectations of double-digit earnings growth and relatively stable macroeconomic conditions

via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Sensex sees best day in 5 years after ceasefire talks

While the Sensex had its best day in over five years on Wednesday and the Nifty rose the most in almost a year, experts cautioned that the relief may be temporary, as Tehran has not indicated a definitive pause to its missile and drone strikes.

via mint - markets
Gold, silver rates today: Comex gold jumps $204/oz; silver gains $5.8 on safe-haven demand after US-Iran ceasefire

A temporary ceasefire in the Middle East has led to increased buying of gold and silver, with prices rising due to expectations of lower interest rates. The US dollar's fall also supported these gains, despite both metals still trading significantly lower than earlier this year.

via mint - markets
Intel shares jump 9.5% to near 5-year high after company joins Elon Musk’s Terafab project

Intel shares surged 9.5% on 8 April, reaching $57.92, continuing a six-session winning streak. The rise is fuelled by the company's partnership with Elon Musk's Terafab initiative, aiming to revolutionise semiconductor production and boost AI capabilities.

via mint - markets
Delta Air Lines shares climb over 11% even as carrier forecasts higher fuel costs in second quarter

Delta Air Lines anticipates more than $2 billion in additional fuel expenditures through June due to the ongoing Iran conflict, leading management to adopt a cautious stance and maintain its existing full year earnings target

via mint - markets
Lupin shares to be in focus on Thursday as USFDA approves Dapagliflozin and Metformin tablets

Lupin's shares are expected to attract investor attention as the company received U.S. FDA approval for Dapagliflozin and Metformin Hydrochloride Extended-Release Tablets. 

via mint - markets