Union Bank of India, Bank of India, among other PSU banks declined as elevated crude oil prices raised concerns over inflation and the possibility of tighter monetary policy.
ICICI Direct is bullish on Sumitomo Chemicals recommended buy rating on the stock with a target price of Rs 515 in its research report dated April 13, 2026.
Capacity expansion, long-term PPAs, and a robust project pipeline position the company for sustained growth despite near-term challenges
A surge in global crude prices above $100 a barrel triggered broad-based selling across oil-sensitive stocks. The latest spike in oil prices follows renewed geopolitical tensions after the US moved to blockade Iranian maritime traffic, raising concerns about supply disruptions.
Exports and margins offer hope, but domestic market share loss and monsoon risks cloud Escorts Kubota’s growth revival
Global sulphur crunch puts sulphuric acid producers in the driver’s seat
India's retail investors did the unexpected in March — they bought more as markets bled.
Oil prices jumped above $100 a barrel on Monday and gold tumbled on mounting inflation concerns, after US-Iran peace talks ended without resolution.
Among sectors, except power, defence, telecom, all other sectors ended in the red with FMCG, auto, IT, energy, oil & gas down 1% each. Nifty Midcap and Smallcap indices shed 0.5% each. HDFC Life, Adani Enterprises, ICICI Bank, NTPC, Tata Motors Passenger Vehicles were among top gainers on the Nifty, while losers included Maruti Suzuki, Eicher Motors, Reliance Industries, Bajaj Finance, Interglobe Aviation.
Mutual fund cash holdings fell to Rs 1.86 lakh crore in March, the lowest level since December 2024, down Rs 24,319 crore, or 12 percent, from Rs 2.1 lakh crore in February
The market may see consolidation following the failure of the US-Iran talks to reach an agreement. Below are some short-term trading ideas to consider.
Stocks to Watch, 13 Apr: Stocks like Mahindra and Mahindra, Larsen & Toubro, Swiggy, Enviro Infra Engineers, Advait Energy Transitions, Mahanagar Gas, Krishna Defence and Allied Industries, Lupin, AstraZeneca Pharma India, Torrent Pharmaceuticals, Muthoot Finance, and Ratnaveer Precision Engineering will be in focus on April 13.
The latest exodus follows a record outflow of Rs 1.17 lakh crore in March, the worst monthly withdrawal on record, marking a sharp reversal from February, when FPIs had infused Rs 22,615 crore, the highest monthly inflow in 17 months.
If Nifty holds above key support and sentiment stabilizes, selective bullish trades make sense, especially in sectors directly hit by the conflict.
The Indian rupee extended its winning streak against the US dollar for the second consecutive week, appreciating by 37 paise to close at 92.73 on April 10, compared to 93.10 on April 2.
Ratnaveer Precision Engineering shares closed 1.64 percent higher at Rs 145.78 after significant volatility during the day, with high volumes.
For the week, the BSE Sensex and Nifty gained nearly 6 percent each, marking their best weekly performance since February 2021, while also snapping a six-week losing streak.
Defence index has been on an upward trend for the past seven trading sessions and has gained over 14 percent during the period.
Coal India said explosives prices have surged 44 percent to Rs 72,750 per metric tonne, while industrial diesel prices have jumped 54 percent to Rs 142 per litre. Despite these pressures, the company has chosen not to pass on the full cost burden to consumers.
Benchmark indices Sensex and Nifty advanced up to 1 percent in a broad-based rally led by financial stocks.
Emkay Global Financial is bullish on Aditya Birla Real Estate has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated April 09, 2026.
The company has secured an eight-year transformation deal with Singapore-based food and agri-business major Olam Group, which is expected to exceed about Rs 9,314 crore in contract value.
IT heavyweight stocks led the fall in Nifty IT on Friday. TCS dropped about 2.5 percent while Infosys fell over 3 percent. The weakness in IT stocks comes even as the broader market witnessed strong buying, led by financials and domestic-facing sectors.
Motilal Oswal is bullish on TCS recommended buy rating on the stock with a target price of Rs 3000 in its research report dated April 09, 2026.
Prabhudas Lilladher is bullish on Tata Consultancy Services has recommended buy rating on the stock with a target price of Rs 3450 in its research report dated April 10, 2026.