Asian shares extended their rebound on investor optimism that the Iran war is likely nearing an end. Oil prices declined. Shares in Japan and South Korea opened lower, resulting in the broader MSCI Asia Pacific Index going up 0.5%. Asian shares followed the S&P 500 Index which increased 0.7% on Wednesday and the Nasdaq 100…
After Monday’s brutal sell-off, the Nifty staged a relief rally, rising 348 points to close at 22,679. The index opened with a sharp 568-point gap-up at 22,899 amid optimism that the ongoing war, which has rattled global markets and disrupted energy supplies, may be nearing a resolution. While the Nifty touched an intraday high of…
1 / 15 Punjab National Bank | The PSB reported steady Q4 growth, with global business rising 10.8% YoY to ₹29.72 lakh crore, driven by advances growth of 13% and deposits up 9.3%. Domestic business also grew 10.4% YoY, while CASA ratio improved to 73.7% from 71.3% last year. 2 / 15 Bank stocks |…
Eli Lilly shares jumped nearly 6% on Wednesday after the U.S. Food and Drug Administration approved its weight-loss pill, Foundayo, marking a significant milestone in the drugmaker’s efforts to expand its foothold in the lucrative obesity market. The approval will likely intensify the rivalry between Lilly and Novo Nordisk, as they battle for dominance in…
Brokerage firm Nomura has joined the likes of Goldman Sachs and UBS in downgrading Indian equities in its latest note on Thursday, April 2. The brokerage has downgraded India to “neutral” from its earlier rating of “overweight” and has also cut its Nifty 50 target for December 2026 to 24,500 from 29,300 earlier. “Our India…
Shares of Lupin Ltd. are in focus on Thursday, April 2, after the company said its wholly-owned subsidiary Nanomi BV, the Netherlands, is set to acquire the minority shareholding of its arm Multicare Pharmaceuticals Philippines Inc (MPPI). Lupin said Nanomi inked definitive agreements to acquire the minority shareholding from certain existing shareholders of MPPI to…
Apart from the January-March 2026 earnings, the company might also declare a dividend for its shareholders. The Gautam Adani-led company announced this in an exchange filing on Saturday, April 4. No stock data available Adani Total Gas Q4 Results 2026 date, Adani Total Gas Dividend 2026 date: The earnings season is on, and several NSE…
Globalstar Inc. shares jumped more than 20% in late trading on a Financial Times report that Amazon.com Inc. is in talks to acquire the satellite provider. The deal would bolster Amazon’s effort to build its own satellite operation, the newspaper reported, citing unidentified people with knowledge of the discussions. The two sides remain in negotiations…
Global brokerage firm Bernstein has initiated coverage on ICICI Prudential Asset Management Company (AMC) with an ‘Outperform’ rating and a price target of ₹3,500 per share. The target implies an upside of about 23% from current levels. According to Bernstein, the company has consistently delivered a strong combination of fund performance, rising inflows, and disciplined…
The Trump administration is set to announce tariffs as soon as Thursday on drugmakers that haven’t struck deals guaranteeing low prices in the US, according to people familiar with the plan, the latest move to tax imported goods on national security grounds. President Donald Trump has been threatening tariffs on the pharmaceutical industry for the…
