Hungary’s forint jumped to a four-year high on Monday as local stocks hit fresh record highs after the country’s Prime Minister Viktor Orban lost the election on Sunday. The opposition’s victory is estimated to help unlock billions of euros in funding from the European Union. The Hungarian currency appreciated 2.4% to 365.69 per euro at…
Shares of Swiggy Ltd. declined as much as 4% on Monday, April 13, after the company’s co-founder Lakshmi Nandan Reddy Obul resigned as whole-time director, and head of innovation, with effect from April 10, 2026. Obul will be stepping down from his board position and moving on from Swiggy to pursue personal independent projects, the…
Shares of Maruti Suzuki India Ltd. are trading sharply lower on Monday, April 13, down up to 6%, as the latest draft of the CAFE 2027 norms for India auto emission standards has triggered fresh concerns for the company. It puts the country’s largest carmaker under near-term strategic pressure. At the core of the issue…
ICICI Prudential Life Insurance Company reported a steady operational performance for Q4FY26, with value of new business (VNB) rising 21.4% year-on-year to ₹965 crore from ₹795 crore. For FY26, VNB stood at ₹2,629 crore, up 10.9% on-year, while VNB margin expanded 190 basis points to 24.7%, aided by an improved new business profile and favourable…
Indian equities are at a very crucial juncture. Key supports are being respected, but there is resistance at higher levels. There is two days of global action that needs to be digested once trading resumes on Wednesday. Domestic equities remained under pressure on Monday during the weekly expiry session and ahead of the holiday on…
A report from technology website SemiAccurate, which had no named sources and no specific target company, just a claim that Nvidia had been quietly negotiating for over a year to acquire a major player that would “reshape the PC landscape.” That was enough. Dell’s stock shot up nearly 7.6 per cent within the session. HP…
1 / 14 ICICI Prudential AMC | Operating revenue in Q4 at ₹1,520 crore, up 0.2% sequentially. Operating profit up 2% quarter-on-quarter to ₹1,130 crore. Customer base up 5% from the December quarter at 17 million, while net profit down 17% due to drop in other income to ₹760 crore. Quarterly Average Assets Under Management…
Benchmark indices on Wall Street reversed early losses on Monday, April 13, and ended with substantial gains. The initial losses were due to the rise in oil prices, uncertainties surrounding the Iran deal, and below-par results from banking giant Goldman Sachs. The Dow Jones reversed 700 points from the lows of the day to end…
Indian stock market recovery: The recent conflict in West Asia has had a noticeable impact on financial markets, raising concerns among investors about whether the markets will be able to recover. While there is no definitive answer to this question, historical trends offer a reassuring perspective. Time and again, markets have demonstrated remarkable resilience despite…
Asian equities opened higher on Tuesday, April 14, following gains on the S&P 500 overnight, as comments from US President Donald Trump raised hopes of a potential deal with Iran, even as a US blockade of the Strait of Hormuz came into effect. Markets in Japan, South Korea and Australia advanced, with the broader MSCI…
