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India's benchmark Nifty and Sensex indices opened lower on Tuesday amid elevated oil prices and uncertainty around the US-Iran deal. The Nifty 50 fell 0.18% to start at 24,049. The BSE Sensex shed 209 points or 0.27% to open at 77,094.
However, strength in Coal India and Larsen & Toubro outweighed decline in SBI to pull the benchmarks marginally higher.
The weekly and monthly F&O contracts for the Nifty will expire today. The benchmark index could be volatile, especially in the final hour of the session. The Nifty and Sensex ended 0.8% higher on Monday.
Meanwhile, Asian stock markets were mixed as investors weighed developments in US-Iran negotiations. The MSCI Asia Pacific Index was up 0.2%. South Korea's benchmark Kospi clinched another record high after surging 1.3%. Nikkei was down 0.3%. The Hang Seng slipped 0.4% at open and the Shanghai Shenzhen CSI 300 shed 0.3%.
US President Donald Trump and his national security team on Monday discussed Iran's reported offer to reopen the Strait of Hormuz, contingent on the US lifting its blockade and ending the conflict, according to White House press secretary Karoline Leavitt.
Brent crude traded near $108 a barrel after advancing 2.8% on Monday, while West Texas Intermediate was above $96.
Traders are also awaiting a slew of central bank decisions and earnings from major technology companies this week.
Maruti Suzuki, Eternal, Bandhan Bank, and Ceat are among the companies reporting their March quarter earnings today. Bajaj Housing Finance, Coal India, AU Small Finance Bank and Adani Total Gas shares will be in focus after their earnings post-market hours on Monday.
Stock Market News Live Updates: Infobean Tech Q4 Results Out
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Stock Market News Live Updates: Infobean Tech Q4 Results Out
Infobean Tech Q4 (Consolidated, QoQ) - Revenue: Up 5.5% to Rs 142 crore, compared with Rs 134 crore
- EBIT: Down 6.9% to Rs 22.5 crore, versus Rs 24.2 crore
- EBIT Margin: Came in at 15.9%, compared with 18%.
- Net Profit: Increased 11% to Rs 21.4 crore, from Rs 19.3 crore
Stock Market News Live Updates: Gold, Silver Prices
The yellow metal rate traded flat on India's MCX on Tuesday, April 28, amid uncertainties over US-Iran peace talks and ahead of Federal Reserve key policy decision.
At 9 am on Tuesday, the MCX gold May futures contract was 0.01% up at Rs 1,50, 208 per 10 grams, while the MCX silver May futures dropped 0.25% to Rs 2,41,226 per kg.
Gold remained steady in the global markets as traders weighed the efforts by the US and Iran to find a solution to a nearly two-month war that has rattled energy supplies and raised inflation risks. The bullion touched around $4,695 an ounce after falling around 0.6% on Monday, Bloomberg reported.
Stock Market News Live Updates: Currently 75% Revenue Comes From Payments Business, Says MobiKwik CFO
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Stock Market News Live Updates: Bond Yield Check
The yield on the 10-year government bond was up 3 basis points at 6.97%.
Stock Market News Live Updates: HSBC Sets Target Price On JSW Steel, Tata Steel, SAIL, Others
HSBC said the steel sector is currently in a "sweet spot" supported by strong multi-year demand visibility, policy protection from imports, and healthier balance sheets. As urbanisation accelerates and infrastructure investment picks up pace, demand growth is expected to outstrip capacity additions.
The bank notes that India’s steel industry is on a strong footing, with margins likely to expand going forward. It also believes the ongoing Middle East conflict will have a limited impact on the sector. Overall, HSBC expects valuation premiums for steel companies to sustain.
- JSW Steel – Initiate Buy with TP of Rs 1460
- Jindal Stainless – Initiate Buy with TP of Rs 880
- Jindal Steel – Initiate Hold with TP of Rs 1280
- Tata Steel – Maintain Buy; Hike TP to Rs 255 from Rs 250
- SAIL – Maintain Hold; Hike TP to Rs 170 from Rs 150
- NALCO – Maintain Buy; Hike TP to Rs 460 from Rs 455
Stock Market News Live Updates: Coal India Shares Jump
Shares of Coal India gained the most on the Nifty 50 after the fourth quarter results.
Coal India reported a strong Q4 FY26 performance on a year-on-year basis, with revenue rising 5.8% to Rs 46,490 crore and EBITDA increasing 6.2% to Rs 12,673 crore. EBITDA margin improved marginally to 27.3%, while net profit grew 11.2% to Rs 10,839 crore. The operational performance was better than expectations, supported by higher average selling prices under fuel supply agreements and stronger e-auction volumes.
Stock Market News Live Updates: Nifty, Sensex Fall At Opening Bell
India's benchmark Nifty and Sensex indices opened lower on Tuesday amid e;evated oik prices and uncertainity around the US-Iran deal.
The Nifty 50 fell 0.18% to start at 24,049. The BSE Sensex shed 209 points or 0.27% to open at 77,094.
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Stocks To Buy: Jio Financial, SBI Life Insurance, Hindustan Zinc And More
Market experts and brokerage firms have identified high-conviction trading opportunities across financial services, insurance, metals, engineering, and capital goods.
Jio Financial Services
Akshay P Bhagwat, Senior Vice President at JM Financial, sees further upside potential in Jio Financial Services. He recommended a buy in the stock with upside targets of Rs 261 and Rs 272. Traders are advised to protect the position with a stop loss at Rs 239.
Hindustan Zinc
Sachin Janardan Sarvade, AVP – Derivatives, Retail Research at IDBI Capital Markets and Securities, highlighted a favorable risk-reward setup in Hindustan Zinc. He recommended buying the stock in the Rs 620–628 range, with an upside target of Rs 750. The suggested stop loss is Rs 569.
Stock Market News Live Updates: Nifty, Sensex Fall At Pre-Open
The Nifty 50 was down 0.18% to stay just above 24,000 in the pre-open session.
The BSE Sensex fell 0.27%.
Stock Market News Live Updates: Rupee Vs Dollar
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Stock Market News Live Updates: Credit Costs Have Been Within The Range, Says M&M Financial CEO
The Managing Director and CEO of M&M Financial Services told NDTV Profit that around 90% of the company’s loan book consists of fixed‑rate loans. He said credit costs have remained within the expected range and noted that the cost of funds is primarily a function of prevailing borrowing rates.
He added that the company has diversified its business into the SME and mortgage segments, while maintaining its dominance in vehicle financing. He also said M&M Financial Services has been on a transformation journey for the past few years.
M&M Financial Services Q4 Results (Consolidated, YoY)
- Net Profit at Rs 938 crore versus Rs 457 crore
- Total Income up 13.5% at Rs 5,560 crore versus Rs 4,897 crore
Stock Market News Live Updates: Bank Nifty Support And Resistance Level
Currently, 56,650-56,700 zone is likely to act as a crucial resistance area for the Bank Nifty index. Unless this hurdle is convincingly crossed, the market is expected to remain in a consolidation phase, according to SBI Securities. On the downside, a breach below 55,600 may dampen sentiment and could lead to further weakness, dragging the index towards the 55,250–55,200 support zone.
Stock Market News Live Updates: Nifty Support And Resistance Level
The zone of 24,210–24,230 is expected to act as a key resistance area for the Nifty 50 index. Until this hurdle is decisively breached,
the market is likely to remain in a phase of consolidation, according to SBI Securities.
On the downside, a break below 23,950 may weaken sentiment and drag the index back towards the 23,820–23,800 support band.
Stock Market News Live Updates: Trent Bonus Issue Record Date
Trent has announced its record date for its proposed bonus issue, the company said in an exchange filing on Monday evening. The company has set Friday, May 29, 2026 as the record date for its bonus issue, which will see one bonus equity share for every two existing fully paid-up equity shares held by shareholders, subject to statutory and regulatory approvals as well as approval through a postal ballot. This translates into a 1:2 bonus issue ratio.
Shareholders whose names appear in the company's register of members or beneficial owners' list as of the record date will be eligible to receive the bonus shares. The company has also informed stock exchanges that the record date intimation will be made available on Trent's official website.
Stock Market News Live Updates: Yen Gains Against Dollar After BOJ Holds Rates
The Japanese yen gained as much as 0.1% after the Bank of Japan kept interest rates steady at its latest meeting. The Japanese currency dropped to 159.22 per greenback.
Stock Market News Live Updates: Bank Of Japan Keeps Interest Rate Unchanged
The Bank of Japan left its benchmark interest rate unchanged on Tuesday as uncertainty over the war in Iran and the resulting spike in energy prices clouded the economic outlook. The BOJ held its policy rate steady at 0.75% at the end of its two-day policy meeting Tuesday, according to a statement. Some 80% of 51 economists surveyed by Bloomberg had forecast the stand-pat decision.
Source: Bloomberg
Stock Market News Live Updates: Latest On Hormuz Blockade
Iran has offered to loosen its chokehold on the Strait of Hormuz if the United States ends its military campaign and lifts an economic blockade, according to two regional officials cited by The Associated Press on Monday. The proposal would postpone negotiations over Iran's nuclear program, a condition US officials appear unwilling to accept.
The offer was delivered to US officials through Pakistan and comes amid a fragile ceasefire between Washington and Tehran, AP reported. However, US President Donald Trump is unlikely to embrace a deal that leaves unresolved the disputes that prompted U.S. and Israeli strikes against Iran on Feb 28.
Stock Market News Live Updates: Oil Is Best Gauge For Market Perspective
Edward Yardeni, president of Yardeni Research, told NDTV Profit that a decline in oil prices would be beneficial for India. He noted that some emerging markets are natural beneficiaries of the growth in artificial intelligence.
Yardeni highlighted that the United States accounts for nearly 60% of global market capitalisation. He also observed that Russia is selling oil to India and China. According to Yardeni, oil remains the best gauge for understanding market sentiment, as oil prices are a key driver of all financial markets. He added that the United States and Iran appear to be settling in for a continued ceasefire.
Stock Market News Live Updates: This Popular Defence Counter Is In Focus
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is set to announce the results for the fourth quarter of FY26 today. It is a Miniratna public sector undertaking (PSU) under the Ministry of Defence. The company is based in Kolkata and is one of India's leading shipbuilders. Here's everything you need to know about GRSE's Q4FY26 results schedule.
The stock is up 76% in the last 12 months.
Stock Market News Live Updates: Hang Seng, CSI 300 Fall
Chinese and Hong Kong stock markets opened lower. The Hang Seng slipped 0.4% at open and the Shanghai Shenzhen CSI 300 shed 0.3%.
Taiwan's benchmark Taiex recovered opening losses to trade 0.4% higher.
Stock Market News Live Updates: GIFT Nifty Down
The GIFT Nifty, an early indicator for Dalal Street, is trading at 24,065 points (down 0.45%) as of 8:00 a.m., lower than the Nifty 50's previous close of 24,092.70. The weekly and monthly F&O contracts for the Nifty will expire today. The benchmark index could be volatile, especially in the final hour of the session.
Stock Market News Live Updates: Coal India, Sun Pharma, UltraTech Cement, Varun Beverages And More On Brokerages' Radar
A host of global and domestic brokerages have rolled out fresh views on companies including Pine Labs, Lodha, Cipla, Varun Beverages, UltraTech Cement, AU Small Finance Bank and Coal India, as analysts track earnings momentum, competitive intensity, M&A-led growth and evolving macro and regulatory trends.
Jefferies on Varun Beverages
Maintain Buy; TP hiked to Rs 615 from Rs 550
- 14% volume growth despite Campa Cola competition noise
- Strong, broad‑based international performance
- Management optimistic on growth and margins, citing overall market expansion
Jefferies on UltraTech Cement
Maintain Buy; TP hiked to Rs 14050 from Rs 14025
- Solid FY26 close; FY27 to face cost headwinds
- EBITDA/ton growth still achievable via price hikes and cost savings
Morgan Stanley on SBI Cards
Maintain Underweight; TP cut to Rs 545 from Rs 555
- Adjusted PAT missed estimates due to weak PPOP
- Asset quality improved but profitability pressure persists
- Estimates 12–16% below consensus; further downside risks remain
Jefferies on SBI Cards
Maintain Hold; TP cut to Rs 700 from Rs 880
- Core profit miss despite asset quality improvement
- Asset growth disappoints amid portfolio de‑risking
- Credit cost likely to ease, but growth and returns capped
- FY27–28E EPS cut by 4–6%
Stock Market News Live Updates: Fund Flow Action
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Stock Market News Live Updates: Eternal, GRSE, Maruti Suzuki, REC, Bandhan Bank And More
Over 40 companies are set to announce the results for Q4FY26 on April 28. Big names announcing fourth-quarter results on April 28 include Maruti Suzuki India Ltd., Garden Reach Shipbuilders & Engineers Ltd., REC Ltd., Bandhan Bank Ltd., Piramal Pharma Ltd., Sanofi India Ltd., Castrol India Ltd. and Dalmia Bharat Ltd. Some companies could also announce dividends. Many have already scheduled conference calls to discuss their Q4FY26 numbers in detail.
Stock Market News Live Updates: Dollar Steady Against Major Peers
The dollar index hovered around 98.5 after a sharp intraday drop in the prior session, as renewed diplomatic efforts to resolve the US–Iran conflict reduced demand for the safe-haven currency.
The euro and British pound were flat against the greenback. The yen held steady at 159.34 before the Bank of Japan’s policy announcement later today.
Stock Market News Live Updates: Kospi At Record High
South Korea's benchmark Kospi index clinched another record high after surging 1.3%. This was the 11th consecutive session of gains. The index is up 63% year-to-date.
The combined market capitalisation of listed firms in Korea surpassed the 6000 trillion won ($4.07 trillion) mark for the first time Monday.
Stock Market News Live Updates: Asia Market Check
Asian stock markets were mixed as investors weighed developments in US-Iran negotiations. The MSCI Asia Pacific Index was up 0.2%. South Korea's benchmark Kospi clinched another record high after surging 1.3%.
Japan's blue-chip Nikkei 225 Index declined 0.6% to below 60,200, retreating from recent record highs as investors positioned cautiously ahead of the Bank of Japan’s latest policy decision. The central bank is broadly expected to keep its benchmark rate unchanged as policymakers balance heightened inflationary pressures against growth risks linked to the Middle East conflict.
Stock Market News Live Updates: Brent Crude Holds Steady At $108
Oil prices held firm at elevated levels as the US assessed a fresh proposal from Iran, even as the Strait of Hormuz remained effectively shut, keeping global supply concerns intact.
Brent crude for June settlement was unchanged at $108.23 a barrel, with the more active July contract at $101.95, while WTI for June delivery rose 0.3% to $96.65. The benchmarks have climbed sharply in recent sessions as traders price in prolonged disruption.
Stock Market News Live Updates: GIFT Nifty Check
The GIFT Nifty, an early indicator for Dalal Street, is trading at 24,130 points as of 6:45 a.m., higher than the Nifty 50's previous close of 24,092.70. The weekly and monthly F&O contracts for the Nifty will expire today. The benchmark index could be volatile, especially in the final hour of the session.
The Nifty and Sensex ended 0.8% higher on Monday.