The equity benchmark indices BSE Sensex and NSE Nifty closed higher on Monday (April 27), snapping a three-session losing streak, with gains led by Reliance Industries, Sun Pharma, Mahindra & Mahindra and Infosys, as buying strength lifted all sectoral indices and market breadth remained firmly positive. The Sensex rose 639 points to close at 77,304,…
Shell Plc buys ARC Resources for $13.6 billion, expanding Canadian oil and gas output and boosting investor returns with a premium share and cash deal. By Bloomberg April 27, 2026, 6:17:49 PM IST (Published) 1 Min Read Shell Plc agreed to buy Canadian producer ARC Resources Ltd. for $13.6 billion, in a deal that will…
Jindal Saw Ltd reported a sharp 52% year-on-year decline in net profit for the fourth quarter FY26 at ₹139.4 crore, compared with ₹291 crore in the same period last year. As per the exchange filing on Monday, April 28, the iron and steel pipes manufacturer’s revenue fell 8% to ₹4,633.5 crore from ₹5,046.6 crore, while…
The benchmark Nifty 50 index snapped its three-day losing streak on Monday, offering some relief to bulls and signalling a potential shift in near-term momentum. The index opened 48 points higher on the back of strong global cues and extended gains in early trade. However, it slipped over 130 points after 10 am, before buyers…
Mizuho upgrades CrowdStrike to outperform, raises target to 520, citing AI driven cybersecurity demand from Anthropic Project Glasswing, notes strong offerings and broad analyst support. CrowdStrike Holdings stock should benefit from a likely boom in interest in its cybersecurity services as Anthropic’s Project Glasswing continues to shine a spotlight on emerging threats tied to the…
Punjab & Sind Bank reported a steady March quarter performance, with net profit rising 35% year-on-year to ₹421.8 crore from ₹312.5 crore, supported by business growth and improving asset quality. However, net interest income (NII) declined 13% to ₹974.8 crore compared with ₹1,122 crore in the year-ago period, reflecting some pressure on core margins during…
Sensex Prediction for Monday, April 28: As investors look toward the trading session on Tuesday, April 29, the focus remains on whether the index can sustain the momentum or if it will face resistance at higher levels. No stock data available Sensex Prediction for Tuesday, April 28: After the strong rebound in the stock markets…
Phoenix Mills reported a strong March quarter performance on April 27, with net profit rising 50% year-on-year to ₹403 crore from ₹289 crore, driven by growth across its retail and commercial segments. Revenue for the quarter increased 21.4% to ₹1,233.1 crore, compared with ₹1,016 crore a year ago. Earnings before interest, tax, depreciation and amortisation…
Speciality chemicals maker Balaji Amines Ltd on Monday (April 27) said its plants remain in a partially non-operational phase following disruption in ammonia supply due to the ongoing geopolitical conflict in West Asia. However, production is being resumed for methylamines, ethylamines and their derivatives as supply conditions stabilise. The company stated that following the earlier…
Telecom infrastructure firm RailTel Corporation of India Ltd on Monday (April 27) said it has received a letter of acceptance from Eastern Coalfields Limited for an order valued at ₹145.47 crore, including tax. The contract involves the provision of MPLS-VPN, internet leased line, video conferencing and managed bandwidth services for Eastern Coalfields Limited. The order…
