The S&P 500 gained for the seventh straight day on Thursday, April 9, as investors monitored the ongoing ceasefire between the US and Iran in West Asia. The Dow Jones also gained for the second day running. However, one segment on Wall Street faced selling pressure yet again, owing to its familiar bugbear. It was…
Nithin Kamath said foreign investor interest in India has faded as concerns over valuations, oil risks, rupee weakness and taxes push money to other markets. By CNBCTV18.com April 9, 2026, 8:17:00 PM IST (Updated) 1 Min Read Foreign investor interest in Indian equities may be showing signs of cooling, going by recent remarks from Zerodha co-founder…
Sajjan Jindal-led JSW Steel Ltd on Thursday (April 9) reported combined crude steel production of 30.14 million tonnes (MT) for FY26, marking an 8% increase from 27.79 MT in FY25. The company’s Indian operations produced 29.25 MT, up from 26.98 MT, while its US Ohio unit contributed 0.83 MT. For Q4FY26, consolidated crude steel production…
Confirming an earlier CNBC-TV18 report, Poonawalla Fincorp has launched a Qualified Institutional Placement (QIP) of equity shares to raise its capital reserves. The indicative issue size is set at ₹2,500 crore, with the company retaining an option to upsize the offering based on demand. A board-appointed committee of directors approved the launch on April 9,…
American Depository Receipts (ADR) of Infosys and Wipro declined in US trading on Thursday, April 9, reflecting subdued investor sentiment towards Indian IT stocks following the March quarter results of Tata Consultancy Services (TCS). Infosys ADRs dropped as much as 2.6%, while Wipro ADRs were down about 1–2% on the New York Stock Exchange (NYSE),…
Aditya Birla Real Estate will redeem ₹250 crore worth of 8.05% non-convertible debentures early by exercising a call option, with May 4 set as the redemption date. Shares of Aditya Birla Real Estate Ltd ended lower on Thursday, April 9, by 2.07% at ₹1,289.40 on the NSE. By Megha Rani April 9, 2026, 11:40:23 PM…
Nifty 50 Prediction Today, April 10, by experts: Technical experts suggest that while the short-term momentum has cooled, the broader uptrend may not be entirely lost. No stock data available Nifty 50 Prediction Today, April 10, by experts: Indian equity benchmarks – Sensex and Nifty – declined sharply on Thursday, April 9, snapping their five-day…
Sammaan Capital Limited, formerly known as Indiabulls Housing Finance Limited, has informed stock exchanges that it has received the Letter of Offer along with an addendum related to an open offer for its public shareholders. The open offer has been made by Avenir Investment RSC Ltd, along with IHC Capital Holding LLC acting as a…
RPG Group firm KEC International Ltd on Thursday (April 9) said its wholly owned subsidiary, KEC Spur Infrastructure Private Ltd, has received a tax demand of ₹46.19 crore from the Income Tax Department for FY23. The order, dated March 24, 2026, arises from ad-hoc additions and disallowances of business expenses and alleged unverified creditors. The…
Market sentiment in Indian equities is hovering near historic lows, even as valuations have turned more reasonable following recent corrections, according to Vikash Kumar Jain, Head of Research at CLSA. Speaking to CNBC-TV18, Jain said that while Indian markets have seen a sharp shift in positioning amid global volatility, valuations are no longer a major…
