Rupee Weakens to 93.71 as Oil Prices Rise
The Indian rupee opened 21 paise lower at 93.71 against the US dollar amid rising crude oil prices and geopolitical developments.
The Indian rupee opened 21 paise lower at 93.71 against the US dollar amid rising crude oil prices and geopolitical developments.
MCX gold June futures jump ₹2,000 to ₹1,53,699 per 10g on weakening dollar and crude oil decline following US-Iran ceasefire extension.
HCL Technologies stock declined sharply following Q4 earnings announcement. Analysts offer mixed guidance on whether to buy, sell or hold the IT stock.
Top brokerages highlight key stock picks including Nestle, HCL Tech, Persistent Systems, and Cyient DLM ahead of market opening.
Major brokerages have slashed HCLTech target prices following weak Q4 earnings and guidance, signalling caution on the IT stock.
IT services major Infosys has scheduled its Q4 earnings call for April 23 at 5:30 p.m. Details on dividend, share price movements and more.
Nifty 50 at ₹24576.6 faces headwinds from overnight US losses. Watch pivot ₹24440.48; BankNifty strong at ₹57371.45.
Nifty 50 closed at 24576.6 (+0.87%), Bank Nifty surged 1.39% to 57371.45. Consumer and financial stocks led gains as markets show cautious optimism.
Strong bullish signals dominate today’s screening with 51 BUY recommendations across sectors. Financial stocks and energy plays lead the momentum.
Coal India Ltd offers attractive valuations, high returns on equity, and steady dividends. Here’s why our screening rates it BUY with a score of 87/100.
NTPC offers attractive valuation, strong ROE, and dividend income. Our detailed analysis for retail investors on India’s largest power generator.
POWERGRID offers attractive valuation, strong returns, and government backing. Here’s why analysts rate it BUY for retail investors seeking stability and dividends.