Stock market update: Nifty Auto index advances 0.04%
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-auto-index-advances-0-04/articleshow/120763653.cms
The Nifty Auto index closed 0.04 per cent up at 22308.4.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-auto-index-advances-0-04/articleshow/120763653.cms
The Nifty Auto index closed 0.04 per cent up at 22308.4.
Share market update: Most active stocks in today's market in terms of volume
https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-market-update-most-active-stocks-in-todays-market-in-terms-of-volume/articleshow/120764761.cms
The NSE Nifty index closed 1.75 points down at 24334.2
https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-market-update-most-active-stocks-in-todays-market-in-terms-of-volume/articleshow/120764761.cms
The NSE Nifty index closed 1.75 points down at 24334.2
US stocks recover from lows, Nasdaq, S&P trade 1% lower as inflation data offsets US economy contraction
https://economictimes.indiatimes.com/markets/stocks/news/dow-tumbles-400-points-at-open-nasdaq-2-sp-1-as-us-economy-contracts-in-march-quarter/articleshow/120767567.cms
Wall Street's main indexes opened sharply lower on Wednesday after data showed the world's largest economy contracted in the first quarter, amplifying worries about the economic hit from President Donald Trump's tariff policies.
https://economictimes.indiatimes.com/markets/stocks/news/dow-tumbles-400-points-at-open-nasdaq-2-sp-1-as-us-economy-contracts-in-march-quarter/articleshow/120767567.cms
Wall Street's main indexes opened sharply lower on Wednesday after data showed the world's largest economy contracted in the first quarter, amplifying worries about the economic hit from President Donald Trump's tariff policies.
Mindspace REIT Q4 Results: Net income rises 13% to Rs 540 crore; Ramesh Nair elevated as MD & CEO
https://economictimes.indiatimes.com/markets/stocks/earnings/mindspace-reit-q4-results-net-income-rises-13-to-rs-540-crore-ramesh-nair-elevated-as-md-ceo/articleshow/120766814.cms
Mindspace Business Parks REIT announced a 13% increase in net operating income, reaching Rs 540 crore for the quarter ended March, and declared a distribution of Rs 392 crore. CEO Ramesh Nair has been appointed as Managing Director. The company achieved record-breaking leasing and occupancy rates, with a positive outlook for long-term growth driven by strategic acquisitions and development.
https://economictimes.indiatimes.com/markets/stocks/earnings/mindspace-reit-q4-results-net-income-rises-13-to-rs-540-crore-ramesh-nair-elevated-as-md-ceo/articleshow/120766814.cms
Mindspace Business Parks REIT announced a 13% increase in net operating income, reaching Rs 540 crore for the quarter ended March, and declared a distribution of Rs 392 crore. CEO Ramesh Nair has been appointed as Managing Director. The company achieved record-breaking leasing and occupancy rates, with a positive outlook for long-term growth driven by strategic acquisitions and development.
Defence stocks jump as India-Pak tensions escalate
https://economictimes.indiatimes.com/markets/stocks/news/defence-stocks-jump-as-india-pak-tensions-escalate/videoshow/120765847.cms
https://economictimes.indiatimes.com/markets/stocks/news/defence-stocks-jump-as-india-pak-tensions-escalate/videoshow/120765847.cms
Trump tariffs force more automakers to scrap profit guidance
https://economictimes.indiatimes.com/markets/stocks/earnings/trump-tariffs-force-more-automakers-to-scrap-profit-guidance/articleshow/120766062.cms
Mounting trade tensions, spearheaded by unpredictable U.S. tariffs, have prompted Stellantis and Mercedes-Benz to retract their profit forecasts, mirroring similar actions by other automakers. The uncertainty is disrupting long-term planning and investment in the auto industry, already grappling with the shift to electric vehicles.
https://economictimes.indiatimes.com/markets/stocks/earnings/trump-tariffs-force-more-automakers-to-scrap-profit-guidance/articleshow/120766062.cms
Mounting trade tensions, spearheaded by unpredictable U.S. tariffs, have prompted Stellantis and Mercedes-Benz to retract their profit forecasts, mirroring similar actions by other automakers. The uncertainty is disrupting long-term planning and investment in the auto industry, already grappling with the shift to electric vehicles.
Bandhan Bank reports six-fold rise in Q4 net profit on lower provisioning amid deteriorating asset quality
https://economictimes.indiatimes.com/markets/stocks/earnings/bandhan-bank-reports-six-fold-rise-in-q4-net-profit-on-lower-provisioning-amid-deteriorating-asset-quality/articleshow/120765206.cms
Bandhan Bank's net profit surged due to lower provisions. However, asset quality declined. The bank's pre-provision operating profit saw a dip. Non-performing assets ratio increased. Micro loan collection efficiency improved marginally. Gross advances grew, with secured advances showing significant growth. Deposits also increased. The board proposed a dividend. Share price fell slightly.
https://economictimes.indiatimes.com/markets/stocks/earnings/bandhan-bank-reports-six-fold-rise-in-q4-net-profit-on-lower-provisioning-amid-deteriorating-asset-quality/articleshow/120765206.cms
Bandhan Bank's net profit surged due to lower provisions. However, asset quality declined. The bank's pre-provision operating profit saw a dip. Non-performing assets ratio increased. Micro loan collection efficiency improved marginally. Gross advances grew, with secured advances showing significant growth. Deposits also increased. The board proposed a dividend. Share price fell slightly.
Sensex falls! But these stocks gained over 10% on BSE
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-falls-but-these-stocks-gained-over-10-on-bse/articleshow/120764897.cms
In the Nifty 50 index, 24 stocks ended in the green, while 26 stocks closed in the red in today's trade.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-falls-but-these-stocks-gained-over-10-on-bse/articleshow/120764897.cms
In the Nifty 50 index, 24 stocks ended in the green, while 26 stocks closed in the red in today's trade.
Sebi mulls mandatory demat account for existing shareholders, promoters ahead of IPOs
https://economictimes.indiatimes.com/markets/stocks/news/sebi-mulls-mandatory-demat-account-for-existing-shareholders-promoters-ahead-of-ipos/articleshow/120766356.cms
SEBI has proposed that certain shareholders, including directors, key managerial personnel, and current employees, must hold their shares in dematerialized form before an IPO document is filed. This move aims to eliminate risks associated with physical share certificates, such as loss and forgery.
https://economictimes.indiatimes.com/markets/stocks/news/sebi-mulls-mandatory-demat-account-for-existing-shareholders-promoters-ahead-of-ipos/articleshow/120766356.cms
SEBI has proposed that certain shareholders, including directors, key managerial personnel, and current employees, must hold their shares in dematerialized form before an IPO document is filed. This move aims to eliminate risks associated with physical share certificates, such as loss and forgery.
ET Market Watch: Sensex, Nifty end flat as geopolitical tensions weigh on markets
https://economictimes.indiatimes.com/markets/stocks/etmarkets-podcast/et-market-watch-sensex-nifty-end-flat-as-geopolitical-tensions-weigh-on-markets/podcast/120771807.cms
https://economictimes.indiatimes.com/markets/stocks/etmarkets-podcast/et-market-watch-sensex-nifty-end-flat-as-geopolitical-tensions-weigh-on-markets/podcast/120771807.cms
IndusInd accounting lapse row: CEO's exit may point to more issues, hit recovery, margins
https://economictimes.indiatimes.com/markets/stocks/news/indusind-accounting-lapse-row-ceos-exit-may-point-to-more-issues-hit-recovery-margins/articleshow/120780331.cms
IndusInd Bank faces uncertainty as CEO Sumant Kathpalia resigned following a ₹1,960-crore loss due to derivatives discrepancies, raising concerns about delayed recovery and business disruptions. Analysts suggest appointing a private-sector banker as the new CEO to navigate challenges in key portfolios like vehicle finance and microfinance. The bank's asset quality is under pressure, with rising non-performing assets.
https://economictimes.indiatimes.com/markets/stocks/news/indusind-accounting-lapse-row-ceos-exit-may-point-to-more-issues-hit-recovery-margins/articleshow/120780331.cms
IndusInd Bank faces uncertainty as CEO Sumant Kathpalia resigned following a ₹1,960-crore loss due to derivatives discrepancies, raising concerns about delayed recovery and business disruptions. Analysts suggest appointing a private-sector banker as the new CEO to navigate challenges in key portfolios like vehicle finance and microfinance. The bank's asset quality is under pressure, with rising non-performing assets.
Panel to run IndusInd Bank till new CEO logs in
https://economictimes.indiatimes.com/markets/stocks/news/panel-to-run-indusind-bank-till-new-ceo-logs-in/articleshow/120780239.cms
Following CEO Sumant Kathpalia's resignation amid derivatives portfolio discrepancies, the RBI has approved IndusInd Bank's interim "committee of executives," including Soumitra Sen and Anil Rao, to manage daily operations. This committee will function under board oversight until a new CEO is appointed or for a maximum of three months.
https://economictimes.indiatimes.com/markets/stocks/news/panel-to-run-indusind-bank-till-new-ceo-logs-in/articleshow/120780239.cms
Following CEO Sumant Kathpalia's resignation amid derivatives portfolio discrepancies, the RBI has approved IndusInd Bank's interim "committee of executives," including Soumitra Sen and Anil Rao, to manage daily operations. This committee will function under board oversight until a new CEO is appointed or for a maximum of three months.
IndusInd Bank crisis: CEO exits after Rs 1,959 crore loss disclosure - How bad is it?
https://economictimes.indiatimes.com/markets/stocks/news/indusind-bank-crisis-ceo-exits-after-rs-1959-crore-loss-disclosure-how-bad-is-it/articleshow/120780929.cms
IndusInd Bank faces turmoil as CEO Sumant Kathpalia resigns after the bank absorbs significant losses from incorrect accounting practices in its derivatives book. The discrepancies, revealed in March, raised concerns about corporate governance and audit oversight.
https://economictimes.indiatimes.com/markets/stocks/news/indusind-bank-crisis-ceo-exits-after-rs-1959-crore-loss-disclosure-how-bad-is-it/articleshow/120780929.cms
IndusInd Bank faces turmoil as CEO Sumant Kathpalia resigns after the bank absorbs significant losses from incorrect accounting practices in its derivatives book. The discrepancies, revealed in March, raised concerns about corporate governance and audit oversight.
Bank lending growth slows to 12% in FY25
https://economictimes.indiatimes.com/markets/stocks/news/bank-lending-growth-slows-to-12-in-fy25/articleshow/120780908.cms
Credit demand at mainstream lenders slowed to 12% in FY25, down from 16% the previous year, influenced by regulatory curbs on retail and unsecured lending. While most sectors experienced a slowdown, loans to industry remained stable. Notably, lending against gold surged due to rising prices, and renewable energy saw significant growth.
https://economictimes.indiatimes.com/markets/stocks/news/bank-lending-growth-slows-to-12-in-fy25/articleshow/120780908.cms
Credit demand at mainstream lenders slowed to 12% in FY25, down from 16% the previous year, influenced by regulatory curbs on retail and unsecured lending. While most sectors experienced a slowdown, loans to industry remained stable. Notably, lending against gold surged due to rising prices, and renewable energy saw significant growth.
Stock Market Holidays 2025: Are NSE, BSE open or closed on May 1 for Maharashtra Day?
https://economictimes.indiatimes.com/markets/stocks/news/stock-market-holidays-2025-are-nse-bse-open-or-closed-on-may-1-for-maharashtra-day/articleshow/120770777.cms
As far as the commodity market is concerned, the multi commodity exchange (MCX) will be closed for the morning session and open only for the evening session. MCX operations in two sessions.
https://economictimes.indiatimes.com/markets/stocks/news/stock-market-holidays-2025-are-nse-bse-open-or-closed-on-may-1-for-maharashtra-day/articleshow/120770777.cms
As far as the commodity market is concerned, the multi commodity exchange (MCX) will be closed for the morning session and open only for the evening session. MCX operations in two sessions.
Eternal to announce Q4 results today: Profit to take severe hit even as revenue growth seen strong
https://economictimes.indiatimes.com/markets/stocks/earnings/eternal-to-announce-q4-results-today-profit-to-take-severe-hit-even-as-revenue-growth-seen-strong/articleshow/120781639.cms
Eternal, formerly Zomato, anticipates strong revenue growth in Q4, fueled by Hyperpure and Blinkit. However, profitability is expected to decline significantly, with analysts projecting a substantial drop in profit after tax or even a loss. While food delivery margins are expected to improve slightly, Blinkit's expansion may lead to EBITDA losses due to new store additions.
https://economictimes.indiatimes.com/markets/stocks/earnings/eternal-to-announce-q4-results-today-profit-to-take-severe-hit-even-as-revenue-growth-seen-strong/articleshow/120781639.cms
Eternal, formerly Zomato, anticipates strong revenue growth in Q4, fueled by Hyperpure and Blinkit. However, profitability is expected to decline significantly, with analysts projecting a substantial drop in profit after tax or even a loss. While food delivery margins are expected to improve slightly, Blinkit's expansion may lead to EBITDA losses due to new store additions.
Meta's strong ad sales dampen tariff-induced fears
https://economictimes.indiatimes.com/markets/stocks/news/metas-strong-ad-sales-dampen-tariff-induced-fears/articleshow/120781727.cms
Meta Platforms exceeded first-quarter revenue expectations, driven by strong advertising performance, and anticipates similar success in the second quarter. The company is increasing capital expenditures to bolster AI infrastructure, despite economic uncertainties and potential tariff impacts. While some advertisers are reducing spending, Meta's reliable platform positions it to benefit from market instability, though regulatory challenges in Europe loom.
https://economictimes.indiatimes.com/markets/stocks/news/metas-strong-ad-sales-dampen-tariff-induced-fears/articleshow/120781727.cms
Meta Platforms exceeded first-quarter revenue expectations, driven by strong advertising performance, and anticipates similar success in the second quarter. The company is increasing capital expenditures to bolster AI infrastructure, despite economic uncertainties and potential tariff impacts. While some advertisers are reducing spending, Meta's reliable platform positions it to benefit from market instability, though regulatory challenges in Europe loom.
Rana Gupta advises caution on IT sector, check which sectors he bets on for short term
https://economictimes.indiatimes.com/markets/stocks/news/rana-gupta-advises-caution-on-it-sector-check-which-sectors-he-bets-on-for-short-term/articleshow/120781711.cms
Amid market uncertainty, investors seek clarity. Rana Gupta of Manulife Investment suggests focusing on domestic tailwinds. He favors consumer and financial sectors. Infrastructure and telecom are attractive in the short to medium term. Gupta anticipates credit growth. He expects globally linked sectors like IT and metals to face challenges. Earnings momentum in IT may remain soft for some time.
https://economictimes.indiatimes.com/markets/stocks/news/rana-gupta-advises-caution-on-it-sector-check-which-sectors-he-bets-on-for-short-term/articleshow/120781711.cms
Amid market uncertainty, investors seek clarity. Rana Gupta of Manulife Investment suggests focusing on domestic tailwinds. He favors consumer and financial sectors. Infrastructure and telecom are attractive in the short to medium term. Gupta anticipates credit growth. He expects globally linked sectors like IT and metals to face challenges. Earnings momentum in IT may remain soft for some time.
BOJ to keep rates steady, cut growth forecasts
https://economictimes.indiatimes.com/markets/stocks/news/boj-to-keep-rates-steady-cut-growth-forecasts/articleshow/120781572.cms
The Bank of Japan is anticipated to maintain steady interest rates while reducing growth forecasts due to uncertainties surrounding U.S. tariffs. Despite these headwinds, inflation is projected to remain near the 2% target, suggesting that rate hike plans may only be delayed. The BOJ aims to carefully assess incoming data, balancing economic risks with the need to avoid yen depreciation.
https://economictimes.indiatimes.com/markets/stocks/news/boj-to-keep-rates-steady-cut-growth-forecasts/articleshow/120781572.cms
The Bank of Japan is anticipated to maintain steady interest rates while reducing growth forecasts due to uncertainties surrounding U.S. tariffs. Despite these headwinds, inflation is projected to remain near the 2% target, suggesting that rate hike plans may only be delayed. The BOJ aims to carefully assess incoming data, balancing economic risks with the need to avoid yen depreciation.
Japan's factory activity falls on US tariff worries, PMI shows
https://economictimes.indiatimes.com/markets/stocks/news/japans-factory-activity-falls-on-us-tariff-worries-pmi-shows/articleshow/120781522.cms
Japan's factory activity contracted for the tenth consecutive month in April, according to a private survey, due to weakened overseas demand and rising concerns over U.S. tariffs. The au Jibun Bank Japan Manufacturing PMI edged up slightly to 48.7, remaining below the 50.0 threshold.
https://economictimes.indiatimes.com/markets/stocks/news/japans-factory-activity-falls-on-us-tariff-worries-pmi-shows/articleshow/120781522.cms
Japan's factory activity contracted for the tenth consecutive month in April, according to a private survey, due to weakened overseas demand and rising concerns over U.S. tariffs. The au Jibun Bank Japan Manufacturing PMI edged up slightly to 48.7, remaining below the 50.0 threshold.