Market

Tata Consumer’s EBITDA margin narrowed 250 basis points from last year to 13.5%, but were higher than expectations from a CNBC-TV18 poll of 13.1%. Source

Rupee gains against dollar amid volatile markets, higher oil prices; RBI MPC to announce policy outcome on June 6. Source

Thyrocare Technologies posted a 22% year-on-year rise in Q4 net profit, driven by improved operational performance and a 70% jump in EBITDA. Source

Equity indices decline amid geopolitical uncertainty, foreign fund outflows; market remains volatile, investors advised to buy on dips. Source

Sanjeev Asthana, President, Solvent Extractors Association said that the summer season and ongoing wedding functions typically boost edible oil consumption. Source

Indian rupee weakens against the dollar amid volatile equity markets and RBI policy deliberations, while GDP growth exceeds expectations. Source

Bajaj Housing Finance reported gross NPA of 0.29% at the end of the March quarter, in comparison to 0.27% during the December quarter. Net NPA stood at 0.11% from 0.1% in the previous quarter. Source

Aequs Limited, aerospace company based in Belagavi, files for confidential IPO worth $200 million with SEBI. Source

This (FPI sell-off) was primarily on account of expensive valuations in India, reallocation of funds to China, and optimism about US markets, according to Vineet Sachdeva. Source

Stock indices rebound in early trade, Sensex up 230.17 points, Nifty up 70.25 points, global markets rally. Source