LIC Bonus Issue 2026: Shares of Life Insurance Corporation of India (LIC) might remain in focus in the upcoming days as the company has announced a major corporate action today. The stock, a constituent of BSE 200, informed about the corporate action in an exchange filing today, April 7. In the exchange filing today, LIC…
Global oil prices surged after reports of US strikes on Iran’s Kharg Island, a critical export hub handling nearly 90% of the country’s crude shipments. US crude (WTI) rose around 3% to over $115 per barrel, while Brent crossed $110. A US official confirmed the strikes, stating that more than 50 military targets were hit,…
Sebi on Tuesday extended the validity of IPO and rights issue approvals till September 30 to provide companies more time to launch their offerings, amid ongoing tensions in West Asia, PTI reported. The markets regulator’s observation letters expiring between April 1, 2026 and September 30, 2026 will now remain valid till September 30, 2026, according…
US markets are trading cautiously on Tuesday, with futures indicating a subdued open as investors balance risk appetite amid the ongoing geopolitical uncertainty, especially ahead of the looming Trump-imposed deadline on Iran. At 5.08 pm IST, S&P Futures were 21 points lower, while Dow Futures traded 134 points down. Nasdaq Futures were also lower by…
GAIL (India) Limited, a Central Public Sector Undertaking, informed on Tuesday, April 7 that it has entered into a long-term charter party agreement with Greek shipping firm Alpha Gas for the LNG carrier ‘Energy Fidelity,’ marking a step towards strengthening its shipping and LNG logistics capabilities. The agreement was executed between GAIL and Pantheon Maritime…
Stock Market Outlook: Indian equity markets may see a further downside of nearly 10 per cent from current levels if ongoing geopolitical tensions continue to drag on, according to Sameer Dalal, Owner of Natverlal & Sons Stockbrokers. Dalal cautioned that prolonged uncertainty driven by U.S. President Donald Trump’s positioning and escalating Middle East conflicts could…
Banking & Finance Companies Q4 Quarterly Results Preview: Treasury gains may moderate due to rising bond yields. (AI Image/ChatGPT) Highlights Loan growth resilient; deposits rise on wholesale funding NIMs stable for private banks; PSU margins soften Asset quality steady; MSME risks amid geopolitical tensions Banking & Finance Companies Q4 Quarterly Results Preview: Nuvama’s Q4FY26 Banking…
Indian equity benchmarks ended higher on April 7, capping a volatile session with gains for the fourth consecutive day and closing near the day’s high. The Sensex rose 510 points to 74,617, while the Nifty advanced 155 points to settle at 23,124, reclaiming the 23,100 mark. The rally was led by IT stocks, with the…
The IT sector has had a volatile run. In Q4, the Nifty IT index plunged 24% compared with a 14% decline in the Nifty. However, the trend reversed in March, where IT showed resilience. While the Nifty has fallen 10% since March, the IT index has remained largely flat, suggesting that a significant portion of…
Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
