Market

According to analysts, Nifty’s next upside levels to be watched are around 24,550 and 24,800 in the near term. Source

ICAI President Charanjot Singh Nanda reviews financial statements of Gensol Engineering, BluSmart Mobility, and IndusInd Bank for six months. Source

The local currency closed at 86.36 against the greenback, witnessing the biggest single-day gain since June 3, 2024, compared to the previous close of 86.64, a lifetime low. The rupee touched a high 86.30 during intraday trades on Wednesday. Source

Foreign investors show confidence in Indian equity market despite India-Pakistan tensions, driven by global cues and domestic fundamentals. Source

Instead, Chris Wood of Jefferies advises investors to consider adding Indian, Chinese and European assets to rebalance their portfolio. Source

Retirement investment advice for senior citizens: prioritise capital protection with conventional methods like bank FDs and postal schemes, and other personal finance and investment tips. Source

FY26 is likely to be a “repair” year for LTIMindtree. CEO-designate Venu Lambu has shared a strategy focused on sales transformation, revamping the large deals organisation, and becoming “fit for the future.” Source

Learn how to effectively diversify your portfolio with statistical analysis to manage risk and achieve financial goals. Source

Bajaj Finance will consider a special interim dividend, stock split, and bonus share issue at its Board meeting on April 29, 2025. The proposals are subject to shareholder approval and applicable regulatory provisions. The move could impact shareholding structure and investor sentiment ahead of FY25 earnings announcements. Source

Sensex and Nifty surge on May 12as India-Pakistan ceasefire boosts investor sentiment, while US-China trade talks provide further support. Source