Hello and welcome to our live coverage of stock markets today!
India's benchmark equity indices opened lower on Monday. The Nifty and Sensex fell after market open, dragged by ICICI Bank, Reliance Industries and Bajaj Finance.
Indian equity benchmarks logged their sixth consecutive weekly losses in a holiday-shortened week amid intensified military conflict in the Persian Gulf region.
The BSE Sensex closed 0.3% higher at 73,319 after declining as much as 2.2% intraday. The Nifty rose 0.15% to settle 22,713. Markets were shut on Friday for a holiday.
Japan and South Korean stocks rose Monday, while most Asian markets were closed for holidays. The Nikkei 225 jumped 0.62%, and the broad-based Topix gained 0.23%. South Korea's blue-chip Kospi advanced 1.8%. Markets in Australia, New Zealand, Hong Kong, mainland China and Taiwan are shut.
US President Donald Trump on Sunday issued a fresh round of threats to attack Iran's power plants and civilian infrastructure starting Tuesday, if Tehran failed to fully reopen the Strait of Hormuz.
Wipro Share Price Today Live: Stock Up 3% After New Acquisition
Shares of Wipro surged as much as 3.2% during early trade after it announced the acquisition of Singapore-based IT services company Mindsprint for a total consideration of around $375 million.
The deal is part of a broader agreement signed with Olam Group — an eight-year deal with a final contract value that could exceed $1 billion, the company said in a regulatory filing.
Olam, which is also headquartered in Singapore, is a leading food and agri business with a market value of over $50 billion. The company is majority owned by Temasek Holding.
Share Market News Today Live Updates: Titagarh Over Jupiter Wagons
Jefferies has initiated coverage on India's railway stock space with a constructive outlook, driven by a sustained upcycle in railway capital expenditure. The brokerage expects 10% CAGR in rolling stock capex between FY26 and FY30, led by strong investments in passenger and metro coaches.
Within this, passenger and metro segments are projected to grow at 9-16% CAGR, supported by government-led modernisation, safety upgrades, and expansion of high-speed and urban transit networks. In contrast, wagon demand is expected to remain relatively modest at 5% CAGR, reflecting a more measured cargo growth trajectory.
Share Market News Today Live Updates: BofA Says India Inc Earnings Could Hit Rock Bottom If War Continues
With global markets reeling from the ongoing conflict in the Middle East, India is no exception. In fact, the worst is yet to come for the Indian economy, with BofA now sounding an alarm and warning that rising stagflation fears and the widening conflict could lead to a zero percent earnings growth, in the worst-case scenario.
In a sobering India Strategy report, BofA has cautioned that if the ongoing Iran War continues, it could trigger a sharp slowdown in both demand and investments. The brokerage firm has drawn a worst-case projection, in which Indian GDP growth could crater towards 3%, whereas Nifty earnings growth could drop to 0% by FY27.
Stock Market News Live Updates: Bank Of Maharashtra Q4 Updates
- Global Advances up 22% YoY at Rs 2.92 lakh crore
- Deposits up 14% at Rs 3.51 lakh crore
- Total business As up 18% at Rs 6.4 lakh crore
- CASA Deposits up 13% at Rs 1.84 lakh crore
Gold, Silver Prices Today Live: Check MCX Rates
MCX gold June futures contract dipped 0.91% to Rs 1,48,309 per 10 grams, while the MCX silver May futures were down 1.18% to Rs 2,29,750 per kg.
Stock Market News Live Updates: Nifty Bank Down
Bank stocks declined during early trade. The Nifty Bank index fell as much as 0.9%.
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Stock Market News Live Updates: Nifty, Sensex Open Lower
India's benchmark equity indices opened lower on Monday. The Nifty and Sensex fell after market open, dragged by ICICI Bank, Reliance Industries and Bajaj Finance.
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Stock Market News Live Updates: FADA Auto Data
India's automobile retail industry closed FY26 on a historic high, inching closer to the 3-crore milestone as a record-breaking March provided a strong finish to a landmark year. According to data released by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales during the financial year stood at 29.67 million units, marking a 13.3% year-on-year growth and the highest annual volume ever recorded.
Rupee Vs Dollar Today Live: INR Open Marginally Higher
The Indian rupee opened 4 paise stronger at 93.06 against the dollar.
Stock Market News Live Updates: ICICI Prudential AMC Vs HDFC AMC
HDFC Asset Management Co. shares are likely to deliver better returns than rival ICICI Prudential Asset Management Co., according to Kotak Institutional Equities.
Analysts said AMCs are grappling with sharply weaker trailing returns despite resilient retail active equity inflows, alongside a relatively benign medium-term regulatory environment. At the same time, the sector faces rising investment needs in new growth avenues such as alternatives, offshore products and distribution capabilities.
Larger players, backed by strong fund performance, appear better positioned to capture a higher share of flows. While sector valuations have corrected, they continue to trade at a premium to broader markets.
Stock Market News Live Updates: Aurobindo Pharma To Buyback Shares Worth Rs 800 Crore
Aurobindo Pharma Ltd. board on Monday approved a share buyback plan worth up to Rs 800 crore. The company will repurchase 54,23,728 fully paid-up equity shares, representing up to 0.93% stake, at a price of Rs 1,475 per share. The offer price is a premium of 11.6% over Thursday's close of Rs 1,333.70 on the NSE.
The board has set April 17 as the record date for the purpose of determining the entitlement and the names of equity shareholders who would be eligible to participate in the buyback.
Stock Market News Live Updates: TVS Motor Target Price Hiked
Goldman Sachs on TVS Motor - Upgrade to Buy From Neutral; Hike TP to Rs 4100 from Rs 3830
- Pricing Power and relative cushion against RM inflation
- Superior volume visibility vs peers driven by upcoming premium products
- Better placed to pass through RM inflation
- Relatively limited volume impact from metal and crude inflation
- See 35 bps margin tailwind from the PLI scheme
Stock Market News Live Updates: Top Banks In Focus After Q4 Business Update
- HDFC Bank: The company reported that gross advances increased 12% year-on-year to Rs 29.6 lakh crore, while period-end deposits rose 14.4% to Rs 31.1 lakh crore as of March 31.
- IDBI Bank: The company reported that total business increased 14% year-on-year to Rs 6 lakh crore, total deposits rose 12% to Rs 3.5 lakh crore, CASA deposits increased 7% to Rs 1.54 lakh crore, and net advances rose 16% to Rs 2.53 lakh crore.
- Axis Bank: The company reported that gross advances increased 18.4% year-on-year to Rs 12.4 lakh crore, while total deposits rose 13.9% to Rs 13.4 lakh crore.
- IndusInd Bank: The company reported that net advances declined 8.7% year-on-year to Rs 3.15 lakh crore, while deposits fell 2.6% to Rs 4 lakh crore.
- Yes Bank: The company reported that loans and advances increased 10.7% year-on-year to Rs 2.72 lakh crore, while deposits rose 12.1% to Rs 3.18 lakh crore.
- Kotak Mahindra Bank: The company reported that net advances increased 16.2% year-on-year to Rs 4.95 lakh crore, CASA increased 15.5% to Rs 2.47 lakh crore, while total deposits rose 14.7% to Rs 5.72 lakh crore.
Stock Market News Live Updates: RBI MPC Begins Three-Day Meeting
The Reserve Bank of India's Monetary Policy Committee will begin its three-day meeting in Mumbai today, the first in the new financial year and against the backdrop of war in the Middle East and disruption in oil supply routes.
The RBI is widely expected to keep its policy repo rate unchanged at 5.25% when it announces its monetary policy decision on April 8, as policymakers weigh rising external risks, a gradual firming in inflation and signs of moderation in economic activity.
All 15 economists tracked by Bloomberg anticipate no change in the benchmark rate, pointing to a broad consensus that the Monetary Policy Committee will extend its pause while assessing evolving global and domestic conditions.
Stock Market News Live Updates: Wipro Shares In Focus
Wipro today announced the acquisition of Singapore-based IT services company called Mindsprint for a total consideration of around $375 million.
The deal is part of a broader agreement signed with Olam Group — an eight-year deal with a final contract value that could exceed $1 billion, the company said in a regulatory filing.
Olam, which is also headquartered in Singapore, is a leading food and agri business with a market value of over $50 billion. The company is majority owned by Temasek Holding.
Oil Prices Today Live Updates: Brent Crude Tops $11
Global oil prices climbed sharply after Donald Trump escalated rhetoric against Iran, issuing a new deadline tied to the reopening of the strategically critical Strait of Hormuz. Brent crude rose above $110 per barrel, while US benchmark WTI hovered near $113, as markets reacted to the heightened risk of supply disruptions.
Trump warned of potential strikes targeting Iranian infrastructure if access through the strait is not restored. Tehran, however, rejected the ultimatum, and restrictions on maritime traffic remain largely in place, allowing only limited vessel movement.
Stock Market News Live Updates: Wall Street Futures Down
Stock futures on Wall Street tumbled overnight as investors continued to eye developments in the US-Iran war and oil prices.
Dow Jones Industrial Average futures shed 253 points, or 0.5%. S&P 500 and Nasdaq 100 futures lost 0.6% and 0.7%, respectively.
Stock Market News Live Updates: Nikkei, Kospi Trade Higher
Japan and South Korean stocks rose Monday, while most Asian markets were closed for holidays. The Nikkei 225 jumped 0.62%, and the broad-based Topix gained 0.23%. South Korea's blue-chip Kospi advanced 1.8%.
Markets in Australia, New Zealand, Hong Kong, mainland China and Taiwan are shut due to public holidays.
Stock Market News Live Updates: GIFT Nifty Check
The GIFT Nifty was up 50 points or 0.2% at 22,650 as of 7:00 a.m., lower than the Nifty 50's Thursday close.
Indian equity benchmarks logged their sixth consecutive weekly losses in a holiday-shortened week amid intensified military conflict in the Persian Gulf region.
The BSE Sensex closed 0.3% higher at 73,319 after declining as much as 2.2% intraday. The Nifty rose 0.15% to settle 22,713. Markets were shut on Friday for a holiday.
