#Business | Amid tariff war, Indian IPOs raised $2.8 billion during January-March, says EY, but deal count fell 🇮🇳📈
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Moneycontrol
Amid tariff war, Indian IPOs raised $2.8 billion during January-March, says EY, but deal count fell
India's deal count fell by about 20% on year during the January-March quarter, but the deal size continued to rise, said EY, hinting at a 'potential IPO peak'.
#INDIA | PM Modi chairs 'Super Cabinet' meeting after Pahalgam attack: Why it matters
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Moneycontrol
PM Modi chairs 'Super Cabinet' meeting after Pahalgam attack: Why it matters
Apart from the ruling party, Cabinet ministers from the allies are also part of the CCPA.
#MarketsWithMC | Nifty, Sensex see directionless trade in consolidation phase; PSU bank stocks under pressure
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Moneycontrol
Nifty, Sensex see directionless trade in consolidation phase; PSU bank stocks under pressure
Nifty, Sensex are failing to pierce through resistance, signaling that sellers are asserting dominance near higher levels and cautious sentiment still prevails.
#Business | India likely to raise thermal power target to 100 GW to meet growing demand: Report 🇮🇳⚡
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Moneycontrol
India likely to raise thermal power target to 100 GW to meet growing demand: Report
The country's power demand hit a record high of 238 GW in February, with peak demand likely to touch 270 GW in the summer
Rupee hits 2025 high versus US Dollar at 84.78
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Moneycontrol
Rupee hits 2025 high versus US Dollar at 84.78
Optimism surrounding a potential trade deal between India and the US has also aided the rupee
🚨Union Minister Ashwini Vaishnaw blamed the Congress party for historically opposing caste census and assured that the Centre will undertake the caste census as part of its overall social survey.
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https://www.moneycontrol.com/news/india/government-to-carry-out-caste-census-as-part-of-overall-social-survey-ashwini-vaishnaw-13009443.html
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#MarketsWithMC | Wall Street tumbles as weak GDP, trade turmoil spark recession fears
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Moneycontrol
Wall Street tumbles as weak GDP, trade turmoil spark recession fears
US economy shrank at an annualised pace of 0.3 percent in the January–March quarter — a stark contrast to the 2.4 percent growth recorded in Q4.
#MarketsWithMC | Stock market holiday today: BSE, NSE to remain shut for Maharashtra Day
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Moneycontrol
Stock market holiday today: BSE, NSE to remain shut for Maharashtra Day
The commodity derivatives segment will also remain closed in the morning session between 9:00 am to 5:00 pm, while it will remain open for the evening session between 5:00 pm to 11:55 pm.
US pushes for calm between India and Pakistan after Pahalgam terrorist attack
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Moneycontrol
US pushes for calm between India and Pakistan after Pahalgam terrorist attack
"Secretary Rubio stressed the importance of re-establishing direct communications and maintaining peace in the region," according to a State Department official familiar with the calls.
Nvidia announces $500 billion investment to manufacture AI chips in U.S.
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Moneycontrol
Nvidia announces $500 billion investment to manufacture AI chips in U.S.
Nvidia CEO Jensen Huang announced a $500 billion investment in U.S. AI infrastructure, marking the company's first domestic chip manufacturing. The move aims to strengthen supply chains and meet growing AI demand.
Google, Adobe, Nvidia, others to help make young Indian creators future-ready, says Vaishnaw
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Moneycontrol
Google, Adobe, Nvidia, others to help make young Indian creators future-ready, says Vaishnaw
Seven large companies are collaborating with the government to develop the Indian Institute of Creative Technology into a 'world-class institution' , I&B minister Ashwini Vaishnaw has said
MCExclusive 🚨 | Carlyle launches up to $308 million block deal eyeing exit from PNB Housing Finance
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Moneycontrol
Carlyle launches up to $308 million block deal eyeing exit from PNB Housing Finance
The March quarter profit for PNB Housing advanced 25 percent to Rs 550 crore. It had posted a net profit of Rs 439 crore in the same quarter a year earlier.
Gold prices have been declining recently, despite the strong demand seen around Akshaya Tritiya.
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#EarningsWithMC | Adani Enterprises Q4 Results: Net profit rises to Rs 3,845 crore, revenue falls 8%
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https://www.moneycontrol.com/news/business/earnings/adani-enterprises-q4-results-net-profit-rises-to-rs-3-845-crore-revenue-falls-8-13009947.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Adani Enterprises Q4 Results: Net profit rises to Rs 3,845 crore, revenue falls 8%
Along with the Q4 results, the Adani Group company announced a dividend of Rs 1.3 per equity share for its shareholders.
Trade setup for May 2: Top 15 things to know before the opening bell
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Moneycontrol
Trade setup for May 2: Top 15 things to know before the opening bell
The rising volatility, amidst increasing geopolitical tensions between India and Pakistan, signals a need for caution. Hence, the index is likely to remain in the range of 24,000–24,500 in the upcoming sessions, experts said.
Stocks to Watch Today: PNB Housing, JSW Energy, Maruti Suzuki, M&M, Paras Defence, Federal Bank, Eternal, Mobikwik, NMDC, NCC in focus on 2 May
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Moneycontrol
Stocks to Watch Today: PNB Housing, JSW Energy, Maruti Suzuki, M&M, Paras Defence, Federal Bank, Eternal, Mobikwik, NMDC, NCC in…
Stocks to Watch, 02 May: Stocks like Adani Enterprises, Adani Ports and Special Economic Zone, Indus Towers, Jindal Steel & Power, Nuvoco Vistas Corporation, Home First Finance Company India, Sundram Fasteners, MOIL, Phoenix Mills, Godrej Agrovet, LG Balakrishnan…
#MCExclusive | Apple CEO Tim Cook confirms majority of iPhones sold in the US will come from India
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Moneycontrol
Apple CEO Tim Cook confirms majority of iPhones sold in the US will come from India
Tim Cook confirmed that India will be the country of origin for a majority of iPhones sold in the US, as Apple reroutes its supply chain away from China.
#MarketsWithMC | For the first time, DIIs hold larger share than FIIs in Indian markets
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https://www.moneycontrol.com/news/business/markets/diis-overtake-fiis-in-indian-stock-markets-for-the-first-time-13010877.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
For the first time, DIIs hold larger share than FIIs in Indian markets
As of the March 2025 quarter, DIIs held around 16.91 percent of Indian equities, slightly overtaking FIIs whose holdings dropped to around 16.84 percent—a 50-quarter low—according to data from ACE Equities. With this, the assets under custody of DIIs stand…
Sensex, Nifty shave gains from day's highs; metal, pharma stocks drag
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Moneycontrol
Sensex, Nifty shave gains from day's highs; metal, pharma stocks drag
Among sectoral indices, Nifty IT and Bank Nifty continued to trade in the green but gave up part of its early gains
#MarketsWithMC | Banking stocks hold ground, cushion Nifty's fall; all eyes on SBI Q4 results
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Moneycontrol
Banking stocks hold ground, cushion Nifty's fall; all eyes on SBI Q4 results
Q4 results from leading private sector lenders—HDFC Bank, ICICI Bank, and Axis Bank—have so far received positive reactions from brokerages