In a thread on X, Arvind Panagariya said that whether the current oil shortage is short-term or long-lasting, the central bank should not fear the ₹100 per dollar mark

For FY26, the insurer clocked 19% increase in net to ₹57,419 crore; CEO and MD Doraiswamy says it is a new record coming on the back of strong overall growth across every business vertical

The Nifty faces continued weakness, resisting 20EMA, with key support at 23,400. Experts recommend two stocks to buy on dips for near-term gains: MTAR Tech (Target Rs 8,650, 12% upside) and Angel One (Target Rs 370, 9% upside). Both show strong bullish technical breakouts.

The Income-Tax department has released ITR forms for AY27/FY26, enabling offline preparation via Excel Utility for ITR-1 and ITR-4. Taxpayers can file returns online through the official portal, with a deadline for individual filings set for 31 July 2026.

Germany head into the 2026 FIFA World Cup with renewed optimism after Julian Nagelsmann announced a 26-man squad featuring a mix of experienced internationals, emerging Bundesliga talent and the surprise return of Manuel Neuer.

The vendors of the stake include Saif III Mauritius Company Ltd., Saif Partners India IV Ltd. and Elevation Capital V Ltd.

LIC, ITC, LG Electronics India, GAIL India, Nykaa and JSW Cement among companies to report earnings today.

US media reports describe a tense phone call between President Donald Trump and PM Benjamin Netanyahu over Iran policy.

Top chipmaker Nvidia, which had risen over 1% in pre-market trade, erased its gains to open lower. However, it rose 1.30% to trade at $226.13 shortly after the opening bell.

East Bengal and Mohun Bagan begin the night level on 23 points, with Punjab FC, Mumbai City FC and Jamshedpur FC still mathematically alive in the ISL title race.

LG Electronics India reported a net profit of Rs 693 crore for the March quarter, an 8% year-on-year increase, with revenue rising to Rs 8,054 crore. The company achieved its highest-ever quarterly performance with an 11.7% EBITDA margin, driven by strong demand recovery and premiumization across product categories.

Repaying a loan ahead of schedule can help reduce the total interest payable and shorten the duration of your debt.

The 2013 released Drishyam became a historic success, emerging as the first Malayalam movie to cross the Rs 50 crore mark globally.

The revenue growth was led by sales in Asia, the company said, with particular ‌strength in China ⁠during the ⁠Lunar New Year. Wall Street investors are focused on how luxury brands are performing in the Chinese market, ​where consumers have shown signs of strain in recent months and luxury spending has recently faltered.

Max Healthcare Q4FY26 consolidated PAT grew 7% YoY, and revenue increased 12%. Network EBITDA rose 8%. Max Lab and Max@Home saw strong double-digit growth. The company also recommended a final dividend of Rs 2 per equity share for the year.

Wall Street opened lower as rising oil prices and escalating tensions between the US and Iran weighed on sentiment. A report indicating Iran’s refusal to compromise on uranium exports dampened hopes of a peace deal, pushing crude higher and triggering declines across the Dow, S&P 500 and Nasdaq at the open.

Wall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising Treasury yields and weak corporate cues, including Walmart’s outlook, added pressure, offsetting strong economic data.

The Saudi Pro League match between Al Nassr and Damac Club at Alawwal Park in Riyadh from 11:30 p.m. IST on Thursday can be watched on FanCode app and website.

A growing retirement planning gap in India is raising concern as 75.5% of middle-aged earners lack a detailed plan while 77% have not sought financial advice, reveals a 1 Finance survey.

LIC, ITC, LG Electronics India, GAIL India, Nykaa and JSW Cement among companies to report earnings today.

LIC announced a 1:1 bonus issue, setting May 29 as the record date for eligibility. This follows Q4 earnings showing a 23% YoY rise in consolidated net profit, reaching Rs 23,467 crore. A final dividend of Rs 10 per share for FY 2025-26 was also recommended.

HUF is treated as a separate taxable entity from its family members. Family income can be legally divided and reported under the HUF to avail additional tax advantages

Honasa Consumer reported Q4 FY26 profit more than doubled to Rs 69 crore and record revenue of Rs 682 crore (28% YoY). Full-year PAT reached Rs 200 crore. Driven by stronger execution, offline expansion, and growth across core and younger brands, including new acquisition Reginald Men, the company declared a Rs 3 dividend.

The exact quantum of change will vary from model to model, Maruti underlined.

SEBI proposes reviewing the pre-open call auction session for IPOs and relisted stocks. This aims to fix existing rules, specifically dummy price bands and base price calculations, which artificially suppress prices. The regulator seeks public feedback to enhance effective price discovery and reduce market distortions.

​Seven large-cap stocks from the BSE 100 index, including Grasim Industries, hit 52-week highs despite the weak Sensex. These stocks showed strong bullish momentum, rallying up to 25% over the past month.​

Total income rose to Rs 715.35 crore in the fourth quarter of 2025-26 fiscal from Rs 554.87 crore in the corresponding period a year ago, according to a regulatory filing.Total income rose to Rs 715.35 crore in the fourth quarter of 2025-26 fiscal from Rs 554.87 crore in the corresponding period a year ago, according to a regulatory filing.

Solvency Ratio stood at 2.35% compared to 2.11% year-on-year and 2.19% quarter-on-quarter.

Its total income fell to Rs 407.20 crore in the fourth quarter of 2025-26 fiscal from Rs 1,182.61 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday.

Stocks are not lottery tickets. Behind every share is a real company. Legendary investor Peter Lynch reminds us to look beyond stock prices. Focus on the fundamentals of the business. Understand how a company earns money. This approach helps make disciplined decisions. Successful investing means understanding businesses. It is about long-term company strength. This lesson is vital for modern markets.

LIC has fixed May 29 as the record date for the 1:1 bonus issue, whereas the deemed date of allotment of bonus equity shares will be June 1.

Maharashtra government will pay Rs 800 crore in DA arrears to employees and pensioners under the 5th, 6th and 7th Pay Commissions.

LIC Q4 Results: State-owned Life ​Insurance Corp (LIC) reported ‌a ⁠23% year-on-year (YoY) growth ​in its consolidated net profit at Rs 23,467 crore in the fourth quarter of FY26, compared with Rs 19,039 crore in the last-year period.

Snabbit has entered the beauty services market with an instant salon-at-home model, completing over 2,000 jobs in a Bengaluru pilot.

Excerpt: ITC Limited’s board has recommended a final dividend of Rs 8 per share for FY26, with May 27 set as the record date. Alongside an interim payout, total dividend stands at Rs 14.50 per share. The FMCG major also reported a 5% rise in Q4 net profit and 17% revenue growth.

8th Pay Commission fitment factor discussions are reshaping salary expectations as India’s pay commission history highlights major changes in government pay, pensions and employee benefits over decades.

SEBI plans faster price band expansion and revised valuation rules to improve IPO and re-listing price discovery mechanisms.

Harsha Upadhyaya favours a mix of mid-caps and large-caps, whereas a couple of quarters ago the preference was largely restricted to large-caps.

The film is maintaining a strong weekday hold, as it collected Rs 14.3 crore on Day 4 (Monday), Rs 12.75 crore on Day 5 (Tuesday), and Rs 10.3 crore on Day 6 (Wednesday).

Forex traders said the rupee had gained after the recent geopolitical developments

Interest earned on fixed deposits is treated as ‘Income from Other Sources’ under income tax rules. It gets added to your total annual income and taxed according to the income tax slab applicable to you.

Domestic equity markets ended lower on Thursday. Ola Electric and Jubilant FoodWorks declined sharply, while Protean eGov, Grasim Industries and Apollo Hospitals gained.​

His statement quickly gained attention online, with fans split over the issue. While many defended the composer and called the criticism unnecessary, others continued debating the similarities between the tracks.

While next-generation Apple silicon and a larger battery are anticipated to improve device performance and power efficiency, big changes are expected in the camera department.

The 50-share NSE Nifty skidded 4.30 points, or 0.02%, to end at 23,654.70

The ensemble cast is led by Alfred Molina, best known globally for playing Doctor Octopus. Alfreda plays Sam Cooper in The Boroughs.

Forex traders said the rupee had gained after the recent geopolitical developments, but investors are still gauging the geopolitical risk and oil price sensitivity in the background.

LIC, ITC, LG Electronics India, GAIL India, Nykaa and JSW Cement among companies to report earnings today.

Earnings before interest, taxes, depreciation and amortisation soared over 67% to Rs 223 crore

Educationist-turned-politician and first-time MLA N Marie Wilson gets key role in Vijay-led Tamil Nadu government after sweeping RK Nagar seat.

The visit is centred on high-level discussions and consultations between Tehran and Washington.

Trump reportedly assured Israel that any peace deal would require Iran’s highly enriched uranium to be sent abroad, Reuters reported.

Capital Infra Trust declared a total distribution of Rs 436 crore to unitholders for the last fiscal, including Rs 117.97 crore for the fourth quarter. The infrastructure investment trust, sponsored by Gawar Construction Ltd., saw its AUM increase by 42% to Rs 6,611.4 crore.

Smallcase managers remain optimistic on India’s equity markets despite the Nifty declining over 9% this year, projecting the benchmark index to reach the 28,000–30,000 range by the end of FY27. They expect future market gains to be driven by earnings growth rather than valuation expansion, with investors focusing on sustainable profitability and execution

LIC, ITC, LG Electronics India, GAIL India, Nykaa and JSW Cement among companies to report earnings today.

Hamza Burhan, accused of supplying explosives for the 2019 Pulwama terror attack, was reportedly shot dead in Muzaffarabad by unidentified assailants.

The Shera India Tour kicks off in Ludhiana on May 30 and will travel across Jaipur, Chandigarh, Gurugram, Goa, Pune, Jodhpur and Hyderabad, with more cities expected soon.

ITC will be a paying a total dividend amount of Rs 14.50 per share.

Dearness Allowance: Uttar Pradesh has today announced a 2% hike in DA for state government employees, effectively increasing the component to 60% of basic pay from 58%.

Indian stock markets closed lower on Thursday. The Sensex and Nifty slipped from intraday highs due to expiry day volatility. Rising bond yields and foreign institutional investor selling also impacted trading. Despite some intraday recovery, markets ended in negative territory. Geopolitical issues and crude oil prices are key factors to watch.

The Find X9s features a rear camera system built in collaboration with Hasselblad, featuring three 50MP sensors.

Power plants to run without maintenance in June-July as Centre prepares for peak demand of 283 GW amid severe heatwave conditions.

The investor who famously predicted the 2008 financial crisis says the AI frenzy is creating whale fall opportunities in overlooked stocks like PayPal, Adobe and MercadoLibre.

As job insecurity rises globally, building an emergency fund is essential for financial stability amid layoffs, inflation and AI-driven restructuring, ensuring protection through disciplined saving strategies.

Nifty India Defence was the top-performing sectoral index at close, gaining 1.43%. Nifty IT was the worst-performing sectoral index, falling 0.56%. Nifty FMCG, Media, Bank and Financial Services indices also closed lower.

The All India Motor Transport Congress announced a three-day strike in Delhi-NCR from May 21 to 23 against the hike in environment compensation cess on commercial vehicles.

The fire destroyed the market near Thane railway station, which housed numerous clothing stalls, vegetable and fruit markets.

While all three of Claude, ChatGPT and Gemini managed to create detailed itineraries, each chatbot planned the trip in a very different way.

ITC Q4 Results: Revenue from operations for the fourth quarter rose 17% YoY to Rs 21,695 crore.

Aircraft grounded for inspection after landing incident; passengers safely disembarked

LNG imports declined about 30% on a year-over-year basis with the import bill for the same dipping one-fourth

Sun Pharma is expected to post double-digit revenue growth in Q4FY26, driven by strong performance across speciality drugs, domestic formulations, and emerging markets. Brokerages highlight US portfolio strength, new launches like Unloxcyt, and a steady margin outlook despite higher R&D spending, with EBITDA growth supported by diversified global business momentum outlook

He said India needs to work closely with the U.S. in areas such as technology, innovation, high-precision defence, digital data centres, quantum computing equipment, and medical devices.

NCDEX has launched India’s first exchange-traded weather derivative contract, RAINMUMBAI, allowing traders and businesses to hedge against rainfall variability during the monsoon season. The contract is linked to Mumbai rainfall deviation data from IMD and aims to help weather-sensitive sectors manage financial risks arising from excess or deficient rainfall.

Over 15 mutual fund schemes trimmed stakes in 10 major stocks in April 2026, signalling growing caution as market volatility and geopolitical risks rise.

Tax expense for the quarter stood at Rs 20.9 crore versus Rs 31.5 crore in the corresponding period last year.

Non-banking financial companies are demonstrating early resilience, with collections holding firm across key segments like vehicle finance and microfinance. Despite lingering macroeconomic uncertainties and inflation, credit performance remains stable. Microfinance and affordable housing are highlighted as particularly attractive sub-segments poised for strong recovery, though vigilance on household income pressures is advised.

Trump told reporters he hoped to avoid renewed war, but warned that if negotiations fail he could order a major new wave of strikes.

Geopolitical shifts are prompting Indian investors to reconsider strategies as economic equities become tools of statecraft. Experts emphasise the need for global diversification to mitigate local volatility and capture international growth amidst changing dynamics.

Sundaram Alternates has raised over Rs 2,500 crore through the final close of India’s first ESG-aligned real estate credit fund, surpassing its initial target of Rs 1,500 crore. The fund has already committed over 90% of the capital raised and reflects strong investor appetite for structured real estate credit and ESG-linked investment strategies.

The calendar outlines dates, application deadlines, and examination dates for prestigious exams, including the Civil Services Examination, Indian Forest Service, NDA, CDS, Engineering Services, CAPF, and Combined Medical Services, among others.

The total India net collections are currently valued at Rs 1,146.55 crore, and the total gross collections of India are Rs 1,372.19 crore.

JSW Cement reported a sharp jump in March-quarter earnings, driven by higher sales volumes and improved operational efficiencies. The company’s net profit soared 2,162% YoY to Rs 362 crore from Rs 16 crore a year earlier, aided by a low base due to a non-cash exceptional expense in the previous year.

Directed by Jeethu Joseph, Drishyam 3 continues the story of Georgekutty as his past resurfaces once again, threatening the family he once protected.

The phone emphasises advanced photography through its Hasselblad-tuned quad rear camera system.

Market experts share their insights on fundamentals and technical levels for key stocks.

LIC, ITC, LG Electronics India, GAIL India, Nykaa and JSW Cement among companies to report earnings today.

The move strengthens the coalition, with key ministries allocated to allies.

LNG imports declined about 30% on a year-over-year basis with the import bill for the same dipping one-fourth

Nifty India Defence remained the top-performing sectoral index, gaining 1.43% in afternoon trade. Nifty IT was the worst-performing sectoral index, falling 0.59%.

The company admits that predicting the timing, scale, and commercial viability of these sectors is nearly impossible. Even the Earth-bound ideas face intense friction.

If you are struggling to get a credit card due to income or age restrictions, there is a way out. Secured credit cards, which are backed by fixed deposits, offer underserved populations a pathway to financial inclusion. 

NTPC reported its standalone total income at Rs 41,673 crore, down from Rs 42,303 crore in Q3 FY25.

The country is highly reliant on imports, bringing in 88% of crude oil, 90% of phosphates and 25% of urea. A considerable portion of imports also passes through the Strait of Hormuz.

WeWork India shares advanced 11.13% to Rs 541 apiece after Q4 profit jump.

Understanding the PPF rules is critical when investing in PPF to achieve envisioned financial goals, as they affect your cash flows.

Sam Altman-led OpenAI is reportedly preparing to confidentially file draft papers for its IPO as early as Friday, according to CNBC, in what could become one of the biggest public listings ever. The ChatGPT-maker, valued at over $850 billion by private investors, is said to be working with Goldman Sachs and Morgan Stanley on the filing process, with a potential Nasdaq debut as early as September.

If an employee finds and accepts a new role within Meta itself no later than one week before their termination date, the agreement becomes void and they receive no severance.

LIC, ITC, LG Electronics India, GAIL India, Nykaa and JSW Cement among companies to report earnings today.

The project, developed by Theme Developers Private Limited — earlier known as Spenta Nova — is registered under MahaRERA with a completion deadline of Dec. 31, 2026.

External geopolitical factors are pressuring the rupee, not domestic economic mismanagement. This requires careful policy handling to avoid destabilizing sentiment. Continued weakness could become inflationary and impact market confidence. Attracting sustained capital inflows needs a focus on emerging technologies and innovation-led sectors. Structural changes are essential for long-term stability and growth.

Equities in India and the US have outperformed fixed deposits, debt, and real estate over the long term.  Mid-cap and small-cap stocks yielded the highest returns, emphasizing the importance of long-term investment.

Goyal also ruled out any immediate move to curb non-essential imports, even as the rupee remains under pressure against the US dollar and crude oil prices stay elevated due to the conflict in Middle East.

While long-time fans of the Drishyam series are celebrating the return of Mohanlal as Georgekutty, others feel the third part struggles to match the brilliance of the first two films.

To offset the diesel price hike, the transporters have introduced a new calculation method called Fuel Adjustment Factor (FAF), which will regulate the pass-on price of the increase in diesel rates, which accounts for 65% of the operational cost.

NASA’s Moon Base project is a part of its broader vision of space exploration, which also includes preparing for human missions to Mars in the future.

After a calf strain, a warm-up setback and now a thumb injury, MS Dhoni has still not played a single match for Chennai Super Kings in IPL 2026.

The directive that comes into immediate effect applies to all state-run schools, and government, aided and recognised madrasas.

The capability could reduce most international long-haul flights to under 30 minutes, enabling point-to-point travel to the furthest location in an hour or less, the company said.

OMCs Cheer Cooling Crude Oil: Shares of state-run IOCL, BPCL, and HPCL opened nearly 1-2% higher each and trade in green amid steady crude oil prices after US hinted at talks to end the Iran war.

The All India Motor Transport Congress announced a three-day strike in Delhi-NCR from May 21 to 23 against the hike in environment compensation cess on commercial vehicles.

Amid rising geopolitical uncertainty, AI disruption, and shifting global markets, the ET Alpha Wealth Summit on June 4 will bring top investors, policymakers, and CEOs together to decode risks and opportunities. From market cycles to global allocation strategies, the summit offers a roadmap for smarter, future-ready investing.

Stay prepared for Income Tax Return Filing 2026 with essential documents including Form 16, AIS, Form 26AS, bank statements and investment proofs to ensure accurate AY 2026-27 ITR filing, faster refunds and hassle-free tax compliance.

The company also re-appointed Nilesh Narwekar as Chief Executive Officer for a further term of three years.

The FBI and Indian cyber-crime agencies dismantled a major India-based scam network accused of cheating thousands of elderly Americans through fake tech-support and government impersonation fraud schemes worth millions of dollars.

According to a regulatory filing, the company has also inked a Share Purchase Agreement for the acquisition of 24% shares of Jaiprakash Power Ventures Ltd, held by Jaiprakash Associates.

The UAE does have an existing pipeline — the Abu Dhabi Crude Oil Pipeline — running to Fujairah, but it is estimated to handle only 1.5-1.8 million barrels per day, a fraction of what previously moved through Hormuz.

As more investors go direct and digital, mutual fund factsheets are evolving from compliance-heavy disclosures into sharper communication tools aimed at helping investors make decisions.

LIC, ITC, LG Electronics India, GAIL India, Nykaa and JSW Cement among companies to report earnings today.

Indian stock markets are navigating a balance between optimism and caution. Inflationary pressures and global uncertainties are key concerns. However, selective buying is emerging in mid and smallcap stocks, driven by positive quarterly earnings. Investors are closely watching sectors like QSR, auto ancillaries, and IT for further trends. The long-term EV ecosystem story remains strong.

CDSCO described cosmetics as any article intended to be rubbed, poured, sprinkled or sprayed on to the human body.

According to officials, around Rs 800 crore will be spent for this payout. Employees will receive the arrears together with their May salary.

Lenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with revenue from operations rising nearly 46% YoY to Rs 2,516 crore. The upbeat earnings prompted bullish brokerage views and target price upgrades, pushing the stock to a near one-month high of Rs 517 on the NSE. The rally added more than Rs 5,235 crore to the company’s market capitalisation, taking its valuation close to Rs 90,000 crore.

Lenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with revenue from operations rising nearly 46% YoY to Rs 2,516 crore. The upbeat earnings prompted bullish brokerage views and target price upgrades, pushing the stock to a near one-month high of Rs 517 on the NSE. The rally added more than Rs 5,235 crore to the company’s market capitalisation, taking its valuation close to Rs 90,000 crore.

Nvidia delivered another blockbuster quarter driven by surging AI infrastructure demand, reinforcing its dominance in the global AI ecosystem. However, despite strong revenue growth and upbeat guidance, investors remain concerned about elevated valuations, China-related risks, rising competition, and whether the current AI spending frenzy can be sustained over the long term.

Eicher Motors has also shared that after its Q4FY26 announcement, it will hold an earnings conference call with investors and analysts.

US media reports describe a tense phone call between President Donald Trump and PM Benjamin Netanyahu over Iran policy.

The MH CET Law result 2026 download link will be available at cetcell.mahacet.org. Students have to enter their registered email ID and password to check and download their individual scorecards.

SpaceX is reportedly preparing for a mega IPO that could value the company at nearly $1.75 trillion, making it one of the largest listings ever. Investor interest is being driven by Starlink’s rapid growth, AI ambitions, and the expanding commercialisation of satellite internet and space infrastructure despite valuation and governance concerns.

Candidates who wish to change their preferred examination city due to relocation can do so through the official website until 11:50 p.m. on Thursday.

US President Donald Trump claimed near unanimous popularity in Israel and hinted at a potential run for Israeli prime minister after his US term.

Bitcoin surged nearly 1.5% to around $77,934, buoyed by strong Nvidia earnings and steady buyer accumulation, despite ongoing ETF outflows. Ethereum also saw gains, with major altcoins like BNB and Solana rallying significantly. Experts suggest this rebound indicates resilience and selective strength in the crypto market, with institutional interest remaining a key factor.

Grasim shares gained over 4% intraday, outperforming the Nifty 50, with all tracked analysts recommending buy rating.

The All India Motor Transport Congress announced a three-day strike in Delhi-NCR from May 21 to 23 against the hike in environment compensation cess on commercial vehicles.

CEO Sasan Goodarzi ‌sent an email to staff earlier in the day, saying that reducing complexity and simplifying the structure would help it ‌deliver better products, according to the memo

The Nifty India Defence index rose 1.72%, leading gains among sectoral indices. Nifty Realty and Nifty Media also gained nearly 1% each.

Investors are still gauging the geopolitical risk and oil price sensitivity in the background with any flare-up in West Asia tensions or spikes in crude, forex traders said

Delhi airport has intensified Ebola screening for passengers from high-risk African countries, including thermal checks, self-declaration forms, and isolation protocols, amid rising cases abroad, despite no reported infections in India.

Leading analyst Devarsh Vakil suggests Indian markets offer compelling buying opportunities now, with valuations correcting to attractive levels and earnings growth expected. He highlights power and renewables, banks, pharmaceuticals, IT, and cables/wires as key sectors. Vakil urges investors with cash and conviction to act, emphasizing that those deploying capital during uncertainty will benefit.

After the IPO, Elon Musk would be the CEO, CTO, and Chairman of the Board, the filing revealed

The Federal Reserve proposed a new payment account category for fintech and crypto firms, offering limited access to central bank payment infrastructure. This move aims to reduce transaction costs and improve efficiency, though it faces opposition from traditional banks concerned about risks. The proposal signals a shift in financial access, with ongoing debate about regulation and oversight.

Shares of Ola Electric fell sharply on Thursday on after a weak Q4 show, with brokerage Emkay Global maintaining a Sell rating and raising its target to Rs 25, implying over 35% downside. Revenue dropped 57% YoY and volumes slumped, while competition from rivals like Ather and TVS mounts, clouding near-term recovery prospects.

The 30-share BSE Sensex climbed 327.74 points to 75,646.13 in early trade. The 50-share NSE Nifty went up by 111.75 points to 23,772.05

The sharp rise in surplus comes after a year in which the RBI benefited from currency volatility, gains on foreign exchange operations and returns from investments.

With Trump setting an informal deadline measured in days, both sides face increasing pressure to narrow their differences before the window for diplomacy closes.

The ambitious Rs 64,000-crore SilverLine rail initiative was planned as a high-speed route stretching from Thiruvananthapuram to Kasaragod, to slash travel time to four hours.

A total solar eclipse occurs when the moon passes directly between the earth and the sun and completely blocks the sun’s bright face from view.

GE Vernova T&D India has emerged as the top multibagger in the BSE Power index, with its shares surging 164% over the past year amid strong summer demand and robust earnings. The stock is trading near its 52-week high after the company reported an 89% YoY rise in Q4 net profit to Rs 352 crore.

Grasim Industries shares saw a significant jump after the company announced robust fourth-quarter earnings and record annual revenue. Growth was broad-based across its paints, chemicals, fibres, cement, and financial services businesses. Consolidated net profit rose 28% year-on-year for Q4FY26. Full-year profit increased 33% to Rs 10,300 crore. Annual revenue hit an all-time high of Rs 1,75,430 crore.

Apollo Micro Systems advanced as much as 5.89% intraday to Rs 377.70 apiece. The defence stock was trading 3.85% higher by 10:20 a.m.

While the new tax regime offers lower tax rates, those selecting it may not be eligible for many traditional tax breaks linked to investments, rent allowances, insurance contributions and home loan benefits.

This comes after the rupee touched a new low of 96.95 against the dollar on May 20

The new facility is designed to accelerate global product development and customer-centric innovation by integrating advanced research labs, testing infrastructure, digital engineering, and data analytics under one roof.

Net profit surged to $58.3 billion, more than tripling from $18.8 billion in the year-earlier period

The company’s proposal of paying performance bonuses in company stock rather than cash appeared to reflect Samsung management’s ‌preference

Gold and silver prices fell on Thursday amid weak global cues, US Fed tightening fears and easing oil prices. MCX gold futures slipped 0.21%, while silver declined 0.40%. Check the latest 22K, 24K gold and silver rates in Mumbai, Delhi, Bengaluru, Hyderabad, Kolkata and Chennai.

PFC and REC shares are under scrutiny as a mega merger progresses. Analysts advise a staggered approach to buying, highlighting that the trade now involves swap ratios and execution clarity beyond core business fundamentals. PFC is seen as the safer bet due to its parent status, while REC presents a merger-arbitrage opportunity with higher risk.

Amidst market volatility, Indian stock exchanges BSE and MCX have seen significant rallies, driven by increased trading activity. Both reported strong Q4 earnings. While Jefferies and ICICI Securities remain cautious on BSE, citing stagnant market share, brokerages like HDFC Securities and Morgan Stanley are more optimistic about MCX, highlighting its growth drivers in commodity trading.

It may seem petty, but bankers are obsessed with who gets IPO top billing

The clarification came after images and messages circulating online claimed that pumps in Nandurbar — a tribal-majority district in north Maharashtra bordering Gujarat and Madhya Pradesh — had run out of fuel.

Despite a profit decline, brokerages gave a positive review on the quarterly results citing margin gains and good performance in tier 2 and below cities.

This is despite the fact that Parle Industries is not related to Parle Products and is simply a namesake.

Market expert Dipan Mehta advises investors to focus on individual stocks rather than the Nifty amidst market volatility. He suggests avoiding oil marketing companies and traditional banks, instead favoring EV-focused auto ancillaries, upstream oil producers, and NBFCs. Mehta also highlights innovative companies across sectors as key opportunities for discerning investors.

Indian mutual funds are investing Rs 1.07 lakh crore in 20 key stocks to counter historic FII selling. They are focusing on large-cap private lenders and select IT firms, using market dips to acquire favored stocks at attractive valuations. This strategy aims to build a defensive portfolio against global volatility.

According to Bloomberg estimates, ITC is expected to post largely flat profit growth as higher tobacco leaf costs and pressure on cigarette volumes weigh on margins.

Gold and silver prices on MCX edged lower on Thursday as easing US Treasury yields and a rally in global equities reduced safe-haven demand, despite ongoing Iran-US tensions.

Elon Musk posted on X that SpaceX was in discussions ⁠with other companies about “offering AI compute as a service at significant scale”

The All India Motor Transport Congress announced a three-day strike in Delhi-NCR from May 21 to 23 against the hike in environment compensation cess on commercial vehicles.

U.S. Treasury Secretary Scott Bessent downplayed fears of a prolonged inflationary spiral, attributing recent surges in energy prices and bond yields to temporary geopolitical disruptions. He believes inflation will moderate once the Iran conflict stabilizes and energy markets normalize, suggesting central bankers are overly cautious about lasting price pressures.

Investors have a final chance today, May 21, to purchase shares of Larsen & Toubro and ten other companies to qualify for upcoming dividend payments. These stocks will turn ex-record date tomorrow, May 22. Companies like L&T, Havells India, and Sula Vineyards are among those offering dividends. Shareholders must own the stock by the record date to receive the payout.

INR Vs USD Rate Today: Rupee Opens Higher At Rs 96.36 Per US Dollar On RBI Intervention, Easing Crude Oil Prices

Shares of Lenskart climbed by 2% on Thursday, despite a 9% decline in net profit for the fourth quarter. The company showcased impressive operational growth, with a significant 46% increase in revenue. Lenskart has intensified its eye testing services and is ambitiously spreading its footprint into new cities, while its international ventures are thriving.

The Nifty India Defence index rose 1.72%, leading gains among sectoral indices. Nifty Realty and Nifty Media also gained nearly 1% each.

Motilal Oswal has reiterated its Buy call on Lenskart, driven by strong growth visibility, margin expansion and structural advantages across its omnichannel business model.

MCX gold June futures contract fell 0.09% to Rs 1,59, 200 per 10 grams, while the MCX silver July futures dropped 0.49% to Rs 2,72,915 per kg.

Commerce and Industry Minister Piyush Goyal on Wednesday posted data showing that toffee exports have grown nearly 166% since 201314.

IMD has issued severe heatwave warnings across North and Central India, including Delhi, MP and Telangana, with temperatures nearing 46°C, while heavy rainfall and thunderstorms are forecast in southern states and islands.

Oil prices saw marginal gains as fresh threats between Iran and the US heightened concerns over the Strait of Hormuz closure. While Iran examines a new US proposal, President Trump indicated talks are on the "borderline" between a deal and renewed strikes. The ongoing blockade of the vital waterway continues to keep oil prices above $100 per barrel.

SoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are preparing for initial public offerings in the United States. OpenAI, the creator of ChatGPT, is reportedly planning a fall debut. SB Energy, focused on data center energy infrastructure, also announced its IPO plans.

Brokerages were optimistic on Grasim, withJefferies and Citi maintaining their Buy ratings on Grasim, while raising their target price to Rs 3,600.

India faces mounting economic challenges, with UBS warning of a potential rupee slide to 100 and a $50 billion balance of payments stress. GDP growth could dip to 5.5% in a worst-case scenario, while earnings outlook remains uncertain. Banks are better positioned, but power and renewables offer a bright spot.

India faces mounting economic challenges, with UBS warning of a potential rupee slide to 100 and a $50 billion balance of payments stress. GDP growth could dip to 5.5% in a worst-case scenario, while earnings outlook remains uncertain. Banks are better positioned, but power and renewables offer a bright spot.

The UK’s price of issuing euro-denominated debt would be a surrender of monetary policy sovereignty

Five NSE F&O stocks witnessed sharp futures open interest buildup on May 20, led by PI Industries and PB Fintech, indicating rising trader participation through fresh positions and increased market activity.

Ola Electric shares dropped after the company reported a Rs 500 crore net loss for the March quarter. Revenue also saw a significant decline. However, the company achieved positive operating cash flow for the first time. Ola Electric anticipates a strong recovery in orders for the upcoming quarter and aims for operating EBITDA positivity in the auto business during FY27.

Ola Electric shares dropped after the company reported a Rs 500 crore net loss for the March quarter. Revenue also saw a significant decline. However, the company achieved positive operating cash flow for the first time. Ola Electric anticipates a strong recovery in orders for the upcoming quarter and aims for operating EBITDA positivity in the auto business during FY27.

Western Railway has launched a major demolition drive near Bandra East to clear over 400 illegal structures on Railway land, amid heavy security for a major transport redevelopment and capacity expansion plan.

IPL Playoffs 2026: The race for the final IPL playoff spot has intensified, with five teams, RR, PBKS, CSK, DC, and KKR, still in contention.

ITC is scheduled to consider and approve the audited standalone and consolidated financial results on May 21.

SpaceX has valued itself at $1.25 trillion and Musk’s majority stake is estimated to be worth more than $600 billion.

Nifty needs a decisive close above its 50-DMA, placed near 23,659, to strengthen the bullish bias.

Seven Nifty500 stocks featured in the White Marubozu bullish scan on May 20 after posting strong gains. The candlestick pattern reflects sustained buying interest, positive momentum, and bullish sentiment, indicating a possible continuation of the uptrend and near-term trading opportunities in technically strong stocks.

Of the 2,469 students who registered for campus recruitment, 2,040 participated across two phases, and only 1,402 received placement offers.

Soni expects leading defence companies under his coverage to deliver around 15% compound annual growth in revenue over the coming years, supported by strong order books and improving execution.

Five Nifty500 stocks featured in the RSI Trending Up scan on May 20 after gaining over 5%. The RSI moved above the 50 mark from lower levels, signalling improving momentum, strengthening price action, and potential short-term buying opportunities for traders tracking bullish technical setups and momentum-based market trends.

Trump said Netanyahu "will do whatever I want him to do" on Iran, though he also said they had a good relationship.

Ola Electric reported a consolidated net loss of Rs 500 crore for the March quarter, compared with a loss of Rs 870 crore a year earlier.

GAIL (India), Reliance Power, Aurobindo Pharma, Bikaji Foods International and Happy Forgings will also declare their Q4FY26 results on Thursday.

The brokerage expecsts SAMIL to continue to outperform global automobile sales, fueled by rising premiumization and EV transition, a robust order backlog in autos and non-autos, and successful integration of recent acquisitions.

Life Insurance Corp (LIC) is poised to reveal its March quarter earnings today. Investors are keenly awaiting insights into new business growth, profit margins, and market share trends amidst escalating competition. Brokerages anticipate robust premium growth, driven by a favorable product mix and a strategic shift towards non-participating policies, signaling a positive outlook for the insurance giant.

Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.

US President Donald Trump claimed near unanimous popularity in Israel and hinted at a potential run for Israeli prime minister after his US term.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Recent inflation data suggests a potential increase in Social Security COLA for 2027, with estimates rising to 4.2%. The Senior Citizens League also adjusted its projection to 3.9%. Inflation has significantly impacted living costs, affecting the purchasing power of benefits since 2016.

Gold prices held steady as optimism surrounding a potential U.S.-Iran peace deal countered concerns over oil-driven inflation and rising global interest rates. While U.S. Treasury yields and oil prices dipped on hopes of a Middle East accord, Federal Reserve minutes indicated a potential for policy firming if inflation persists above target.

Hopes for a Middle East peace deal between Washington and Tehran have caused the US dollar to retreat from a six-week high. President Trump indicated negotiations are in their final stages, though he also warned of potential further attacks.

Anthropic earlier this month said it inked a deal to access more than 300 megawatts of computing capacity from a large SpaceX data center in Memphis known as Colossus 1, without disclosing the terms.

Amazon founder Jeff Bezos said he would "advocate" for reducing the federal income tax burden on lower-income households from roughly 3% of total tax collections to zero.

US President Donald Trump on Wednesday said that US is in the final stages of talks with Iran.

Larsen & Toubro and L&T Technology Services have set May 22 as the record date for dividend eligibility, with final payouts subject to approval at upcoming meetings.

Market experts share their insights on fundamentals and technical levels for key stocks.

Nifty closed marginally higher on Wednesday, while broader markets remained subdued. Analysts anticipate continued caution due to a weak rupee, high crude prices, and rising US bond yields. The market sentiment remains weak, with key support and resistance levels identified for potential future movements.

The directive is set to be signed about a month after Anthropic revealed that its breakthrough Mythos model was extraordinarily adept at finding network vulnerabilities and could pose a major cybersecurity risk.

Top picks include Indian Oil Corporation (IOC), Bank of India, power technology major Hitachi Energy India, heavy electrical equipment maker CG Power, and automotive giant Bajaj Auto.

Brent crude traded above $105 a barrel, recovering modestly after tumbling 5.6% in the previous session. US benchmark West Texas Intermediate hovered near $99 a barrel.

Jeff Bezos proposed eliminating federal income taxes for the bottom half of earners, advocating for significant tax reform without detailing implementation. He highlighted the burden on lower earners and noted the disparities in income and tax contributions between different income groups.

Muthoot Finance plans to raise ₹2,000 crore next week. The company will issue three-year floating-rate bonds. These bonds are linked to the 91-day treasury bill. This move allows Muthoot Finance to avoid high fixed borrowing costs. Floating-rate bonds are gaining popularity as interest rates are expected to rise.

The fundraise includes ₹3,080 crore from promoter group entities and ₹920 crore from the International Finance Corporation. The shares will be issued at ₹356.02 apiece, subject to shareholder and regulatory approvals.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Credit Saison India has secured $500 million in its largest-ever external commercial borrowing, a multi-currency syndicated transaction involving six lenders including Asian Development Bank and State Bank of India. The funds will fuel the expansion of its MSME and secured lending portfolios, with the company aiming for significant loan book growth and branch network expansion.

Market watchers anticipate significant shifts in the BSE Sensex this June. Hindalco Industries or Shriram Finance are poised for inclusion, potentially attracting substantial passive investment. Conversely, Trent is expected to be excluded due to a dip in its free-float market capitalization. Nuvama predicts the announcement on May 22, with changes effective June 19.

The staff side of NC-JCM opposed the existing provision that limits family pension to 30% of the notional pay of a deceased employee or pensioner.

Somehow, the British taxman is once again in an argument about chicken

This makes the entry of the firm into the insurance space as it takes its next step towards building a more integrated financial services ecosystem

Chip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand for its artificial intelligence hardware powered another blockbuster quarter.

Prime minister can no longer afford to shield population from impact of disruption to oil and gas from Gulf

Fuel prices rise as prime minister says he can no longer shield citizens from impact of Iran war and other global events

Wall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gained as oil dropped. Fed minutes signaled possible rate hike debate. Nasdaq S&P Dow Jones rose strongly as AI optimism offset inflation and geopolitical concerns sentiment rises

Wall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gained as oil dropped. Fed minutes signaled possible rate hike debate. Nasdaq S&P Dow Jones rose strongly as AI optimism offset inflation and geopolitical concerns sentiment rises

Gold jewellery loans have seen a massive 50 percent jump year-on-year, reaching ₹19 lakh crore. This makes it the fastest growing retail loan category. The surge is driven by rising gold prices and a shift in borrowing habits. This growth has boosted the overall retail loan market. Asset quality has also improved with declining delinquency levels across most segments.

Eurobank is launching a new service for cross-border remittances from Greece and Cyprus to India using UPI. This marks the first time a European bank offers this facility. The bank is also opening a representative office in Mumbai to boost trade and investment between India and the EU.

Kolkata Knight Riders defeated Mumbai Indians by four wickets at Eden Gardens to keep their faint IPL 2026 playoff hopes alive.

Apollo Hospitals announced robust financial results for the fourth quarter and the full fiscal year 2026. Consolidated revenue and net profit saw significant year-on-year increases. Growth was fueled by its healthcare services, diagnostics, and retail health segments. The company is expanding its bed capacity and focusing on underserved markets.

Federal Reserve minutes show growing concern that inflation driven by the Iran war could persist above the 2% target, prompting discussions around possible future rate hikes. Several policymakers signalled tightening may be needed, marking a more hawkish shift. Bond yields rose as markets priced in reduced chances of rate cuts.

Frank said he was inspired to join politics in part by watching live telecasts of the 1954 Army-McCarthy hearings.

We will be back with more updates tomorrow!

Ben-Gvir shared a video of himself making fun of protestors while they are being held captive by Israeli security forces.

The US president said Venezuelan crude is currently being processed at refineries in Texas, Louisiana and Alaska, according to multiple media reports.

I gave ₹50,000 to ChatGPT and asked AI to plan my solo international trip. In return, it gave me a detailed travel plan.

According to Gopinath, a spike to those levels would severely hurt both the global economy and India, which relies heavily on the Middle East for energy imports.

On the flipside, immediate support for the index lies in the 23,500-23,450 zone

One effective way to improve your home loan eligibility is to add a co-applicant with an independent source of income.

Bullion prices climbed in global and domestic markets as softer bond yields and geopolitical uncertainty supported safe-haven demand, even as a strong dollar continued to limit gains.

The two firms have signed a Memorandum of Understanding (MoU) for the purpose, Stellantis and Jaguar Land Rover (JLR) said in a joint statement.

The UK and GCC signed a landmark free-trade agreement expected to boost the British economy by 3.7 billion Pounds ($5 billion) annually.

Iran said 26 commercial ships crossed the Strait of Hormuz with IRGC Navy security as tensions continue in the Middle East.

BPCL has increased the share of Russian crude from 31% in the fourth quarter of the previous financial year to 41% at present

Trump says his approval rating in Israel is “99%”, praises Netanyahu as a wartime leader during media interaction.

OpenAI is reportedly preparing to file for an IPO in the coming days or weeks, according to a Wall Street Journal report citing sources. The ChatGPT maker is working with Goldman Sachs and Morgan Stanley on a confidential draft prospectus. The company has not officially confirmed the development.

This development comes on the same day Meta has commenced its plan to lay off 10% of its workforce across the globe.

The Sam Altman-led company is reportedly working with investment banks including Goldman Sachs and Morgan Stanley for the IPO.

Semaglutide is the active ingredient in Danish major Novo Nordisk’s blockbuster diabetes and c, Wegovy and Ozempic

The tech giant has also integrated AI agents functionality within Google search facilitating queries that can be executed 24/7.

Gift Nifty traded around 23,808, up nearly 144 points or 0.6%, indicating a gap-up start for the Indian stock market.

HCLTech said the biggest risk is not a lack of experimentation or access to technology, but the difficulty in converting AI ambitions into consistent, enterprise-wide outcomes.

There is no universally superior choice here, as every individual’s financial landscape is unique. While the avalanche path optimises your total savings, tackling a massive principal balance first can feel slow, sometimes draining your motivation.

The monthly futures contract is aimed at farmers, construction and power utility companies

Lenskart, Grasim Industries, Ola Electric Mobility, Apollo Hospitals among the companies set to report earnings today.

The music video starring Shahid Kapoor and Kriti Sanon also ends with the announcement that the official trailer of Cocktail 2 will be unveiled on May 29, 2026.

The Amazon founder said even failed AI bets could accelerate technological progress, comparing the current boom to the biotech frenzy of the 1990s.