Trade Financial News

Subscribe to enjoy similar stories.Stock market recap: The Indian stock market ended in the red for the third consecutive session on Monday, witnessing an across-the-board selloff amid weak global cues.The 30-share pack Sensex crashed 1,313 points, or 1.70%, to end at 76,015.28, while the NSE counterpart Nifty 50 plunged 1.50% to close the day at 23,815.85. The BSE 150 Midcap and 250 Smallcap indices declined 1.26% and 0.96%, respectively.JKLAKSHMI (Cmp ₹683.15)JKLAKSHMI: Buy above ₹688, stop ₹650 target ₹735 (Multiday) HINDUNILVR: Buy above ₹2310, stop ₹2250 target ₹2525 (Multiday) FORTIS (Cmp ₹974.15)FORTIS: Buy above ₹980, stop ₹935 target ₹1098 (Multiday)On 11 May 2026, Indian equities witnessed a sharp sell-off as surging crude oil prices and weak global cues rattled investor sentiment.

Subscribe to enjoy similar stories.Stock market recap: Indian equity markets witnessed heavy selling pressure on Monday, 11 May, with the Nifty 50 falling 1.49% to close at 23,815.85, while the Sensex tumbled more than 1,300 points. Risk aversion intensified after the breakdown of US-Iran peace talks pushed Brent crude above $105 a barrel and dragged the rupee to a record closing low of 95.31 against the dollar.Investor sentiment was further weighed down by government calls for austerity, including restraint in fuel and gold consumption, stoking concerns over a potential slowdown in discretionary spending.Sectoral performance was broadly negative.

Subscribe to enjoy similar stories.New Delhi: The Centre has amended rules to allow private, government-approved testing centres (GATCs) to inspect and certify petrol, diesel, and gaseous fuel dispensing machines, as it aims to reduce delays, ease compliance, and protect consumers, according to an official order reviewed by Mint.The calibration and verification certificate, which must be obtained every year, has become a massive exercise.

Subscribe to enjoy similar stories.Recent months have tested investor confidence. Indian equity markets have seen noticeable corrections amid global uncertainties, with broader indices declining sharply due to tightening liquidity, rising oil prices, and geopolitical tensions.Most indices declined by over 10% in March, while crude oil prices surged by more than 33% (before cooling off in April).

Subscribe to enjoy similar stories.Indian business rarely does exactly what the government wants it to. For the past decade or so, for example, it has obdurately refused to invest as much as officials think it should.Last week, chief economic advisor V. Anantha Nageswaran said that profits for the 500 largest publicly traded companies had grown by over 30% a year since the pandemic, “but still, our overall capital formation rates from the private sector have been disappointing.”Nageswaran is not the only one complaining.

Subscribe to enjoy similar stories.MUMBAI: Fast moving consumer goods (FMCG) stocks are staging a recovery after months of underperformance, with the Nifty FMCG index rising 7% over the past month as early signs of stabilizing consumption and selective earnings upgrades revive investor interest in the sector.Most frontline names, including Bajaj Consumer Care Ltd (-3%), CCL Products (India) Ltd (-1%), Marico Ltd (-1%), Nestlé India Ltd (-1%) and Tata Consumer Products Ltd (-8%), are now within striking distance of their lifetime highs, leaving room for potential catch-up if demand improvement sustains.Recent management commentary across companies points to early signs of improving consumption trends, prompting investors to revisit the sector for its earnings visibility, defensive positioning and steady compounding potential, said market participants.Marico Ltd management expects double-digit revenue growth in FY27, driven by high single-digit volume growth in the domestic business, while the international business is projected to grow in the mid-teens on a constant currency basis.

Subscribe to enjoy similar stories.State Bank of India’s (SBI) shares have fallen nearly 10% in the past two trading sessions to around ₹980, with most of the decline coming after its March quarter (Q4FY26) results announced late Friday.The trigger: net interest income (NII) growth lagged loan growth. While interest-earning assets, mainly loans and investments, rose 14% year-on-year, NII grew just 4% as asset yields declined sharply.On advances, management clarified that external benchmark lending rate (EBLR—repo and treasury bill-linked) loans, which account for roughly 50% of total loans, were repriced lower following the RBI’s 25 basis points (bps) repo rate cut in December.The marginal cost of funds-based lending rate (MCLR) was also reduced by 5 bps, weighing on loan yields.As a result, domestic net interest margin (NIM) fell 19 bps sequentially to 2.93% in Q4FY26.On the investment side, interest income declined 3% year-on-year as the bank sold higher-yielding securities.This move likely helped offset a mark-to-market (MTM) loss of ₹4,522 crore on its bond portfolio due to hardening yields.

Subscribe to enjoy similar stories.The space race is heating up ahead of SpaceX’s initial public offering. And no, we’re not talking about competition for Elon Musk’s company from Jeff Bezos’ Blue Origin, the United Launch Alliance joint venture of Boeing and Lockheed Martin, or Rocket Labs.Fund companies are gearing up to promote their space-themed exchange-traded funds.

Subscribe to enjoy similar stories.The Nifty finally showed signs of strength, generating the confidence that had been missing over the past few weeks. After identifying key support and resistance zones, Friday's strong upward move suggests momentum could build further in the sessions ahead.On 8 May 2026, the broader market picture remained mixed.

Subscribe to enjoy similar stories.Farm goods that have long remained shut out of cash settlements may be in for a pivotal shift, potentially deepening derivatives trading in India's vital commodities sector. A regulatory panel formed by the Securities and Exchange Board of India (Sebi) has greenlit cash settlements up to fixed thresholds in select agriculture commodities, two people aware of the discussions said, balancing the need to deepen the sector while minimizing the risks.Currently, physical delivery is mandatory for all farm derivatives, meaning traders must hand over or take receipt of the physical goods once the futures or options contract expires.

Subscribe to enjoy similar stories.WASHINGTON—As the heads of the world’s two superpowers meet in Beijing this week, President Trump and Chinese leader Xi Jinping will have another nation looming over their summit: Iran.The long anticipated meeting has already been delayed once due to the U.S. and Israel’s war against Iran, which has led to the closure of the Strait of Hormuz.

Subscribe to enjoy similar stories.Stock market recap: The benchmark Nifty 50 had a volatile and weak trading session on Friday, 8 May, opening with a sharp gap-down at 24,233.65 and closing 146.15 points lower, or 0.60%, at 24,180.50, slipping below the key 24,200 mark.Sentiment remained under pressure amid escalating geopolitical tensions between the US and Iran, which heightened global risk aversion and pushed Brent crude oil prices higher. The surge in crude also weighed on the Indian rupee, which weakened to 94.48 against the dollar, stoking concerns over sustained foreign institutional investor (FII) outflows.Heavy profit-booking in banking and oil heavyweights such as State Bank of India and HDFC Bank further dragged the index lower, while modest gains in defensives like IT were not enough to offset the broader market weakness.Buy: eClerx Services Ltd (current price: ₹1,668)Action Construction Equipment Ltd (current price: ₹947)Nifty 50 performance on 8 MayThe Nifty 50 witnessed a weak and volatile trading session, opening on a negative note at 24,233.65 amid cautious global cues.

Subscribe to enjoy similar stories.The Centre has approved a ₹5,659 crore Cotton Productivity Mission (Kapas Kanti) over five years to revive India’s cotton economy at a time when output has stagnated, imports are rising and textile exporters face intensifying global competition.The mission marks one of the most ambitious interventions in India’s cotton-textile value chain in recent years, linking farm productivity to manufacturing competitiveness and export growth.Mint explains how the scheme seeks to lift yields, improve fibre quality and strengthen India’s textile export competitiveness.The programme seeks to address multiple structural weaknesses at once—low farm productivity, inconsistent fibre quality, volatile raw material supply and rising import dependence.Unlike earlier schemes focused largely on cultivation, this mission adopts a value-chain approach, connecting farm-level reforms with textile manufacturing, exports and global sourcing competitiveness.Improving the availability of domestic raw cotton is critical. Textile manufacturers have increasingly struggled with supply shortages and quality inconsistencies.

Subscribe to enjoy similar stories.The other day, I came across an exchange on X where an American trader posted a confident thesis: AI would compress revenues of Indian IT companies like TCS and Infosys. Reasonable concern. Many analysts have raised it.

Subscribe to enjoy similar stories.Economists like to preach prudence, but they do not always practise it. Ibrahim Oweiss was a young economist in Egypt’s Ministry of Industry when he offered some frank advice to his bosses. He warned against a suffocating overconcentration of industry in Cairo and Alexandria.

Subscribe to enjoy similar stories.From India and Vietnam upgrading their bilateral ties and setting a $25 billion trade target by 2030, to four states declaring assembly election verdicts amid a mixed economic backdrop, direct tax collections falling short of revised estimates in FY26, manufacturing and services activity rebounding in April, and India’s domestic LPG consumption taking a hit due to West Asia war—here is a compilation of this week’s news in numbers.India and Vietnam have set a target of raising bilateral trade to $25 billion by 2030, following talks between Prime Minister Narendra Modi and Vietnam President To Lam in New Delhi this week. The two countries also upgraded ties to an “Enhanced Comprehensive Strategic Partnership”, signalling deeper cooperation in trade, defence and technology.Trade has steadily expanded over the past decade, crossing $18 billion in FY26.

Subscribe to enjoy similar stories.Dabur India Ltd’s March quarter (Q4FY26) numbers are steady, but not particularly exciting for a company that trades at relatively high valuations. Consolidated revenue grew 7.3% year-on-year to ₹3,038 crore, while full-year FY26 growth stood at 5% to ₹13,193 crore.Ebitda margin was flat year-on-year at 15.2% in Q4FY26. The quarter reflects that Dabur is still trying to find a stronger growth trajectory.

Subscribe to enjoy similar stories.India's maritime sector doesn't always make headlines, but it quietly powers the entire economy, moving over 90% of the country's trade by volume.Stretch that 7,500-km coastline across a map, add 12 major ports and 200+ smaller ones, and you start to appreciate just how much of India's growth story begins and ends at sea.The Maritime India Vision 2030 outlines over 150 initiatives with projected investments of ₹3–3.5 trillion, supported by a recent ₹69,725 crore package for shipbuilding, according to a PIB report.In FY24–25, major ports handled around 855 million (m) tonnes of cargo, reflecting strong growth in maritime trade and improved port efficiency.What’s interesting is the momentum building beneath the surface.Around 51 large ships are currently under construction in India, with a total value of nearly ₹90,000 crore, according to PIB report dated 3 December 2025.Since 2014, Indian shipyards have delivered more than 40 warships and submarines, and in the past year alone, a new vessel has been added roughly every 40 days. All of this is turning the maritime space into a buzzing investment theme.Here are five stocks from across the maritime space that are worth keeping on your radar.Established in 1907, Tata Steel is Asia’s first integrated private steel company and also played a key role in developing India’s first industrial city, Jamshedpur.

Subscribe to enjoy similar stories.India’s statistics ministry recently proposed an Index of Services Production (ISP), the need for which may seem self-evident, given how this sector’s prominence has grown. “The service sector is the dominant force in the Indian economy, contributing over 50% of the Gross Value Added [GVA],” as a discussion paper on the idea released by the ministry notes, “It has long been central to economic transformation, consistently driving growth, generating employment, and attracting investment across decades.” That’s the good part of our services story. The not-so-good part is the absence of accurate, disaggregated and timely data on the services sector along the lines of India’s monthly Index of Industrial Production (IIP).

Subscribe to enjoy similar stories.Until recently, artificial intelligence was a welcome tailwind for U.S. growth.We’re beyond that now. AI is more like a hurricane-strength weather system making itself felt across the entire economy.

Subscribe to enjoy similar stories.The Nifty generated a sense of confidence that we have been searching for the last few weeks. We had identified important zones, and this strong thrust seen yesterday could now fuel some trends ahead.Best stocks to buy today (All buy trades are rates of equity, and sell rates are based on F&O)Sun Pharma Advanced Research Co. Ltd: Buy above ₹169 | Stop ₹158 | Target ₹193 (multiday)Laxmi Organic Industries Ltd: Buy above ₹165 | Stop ₹157 | Target ₹181 (multiday)One 97 Communications Ltd (PayTM): Buy above ₹1,200 | Stop ₹1,150 | Target ₹1,290 (multiday)On 7 May 2026, Indian equity markets ended marginally lower after another volatile session, as profit booking erased early gains despite optimism over easing geopolitical tensions following reports of a possible US-Iran peace deal.