Business

US stock markets traded cautiously near record levels on Monday as rising oil prices and fresh tensions around the Strait of Hormuz kept investors on edge, AP reported.The S&P 500 slipped 0.1 per cent after touching an all-time high, while the Dow Jones Industrial Average fell 216 points, or 0.4 per cent, as of 9:35…

Bharat Heavy Electricals Ltd (BHEL) shares rallied nearly 7 per cent on Monday after the company reported a more than 2.5-fold jump in consolidated net profit for the March 2026 quarter, PTI reported.The stock climbed 6.97 per cent to close at Rs 376.95 on the BSE, after surging as much as 13.20 per cent intra-day…

NEW DELHI: Stock markets are likely to be guided this week by the outcome of state elections and high crude oil prices amid the West Asia conflict, say analysts.The developments related to the West Asia conflict and the Strait of Hormuz will also be tracked by investors, they said. Counting of votes for the five…

BENGALURU: With many employees seeing a moderate dip in net take-home salaries in their latest payslips, companies are issuing explainers to help them understand the impact of the new labour codes.The reduction is largely due to changes in salary composition. Employee provident fund (PF) contributions have increased, as they are now calculated as 12% of…

MUMBAI: The appointment of Rohit Jain as deputy governor at the Reserve Bank of India comes after the retirement of T Rabi Sankar and at a time when the central bank has to prepare banks for new risks, including cybersecurity.Jain, who was appointed executive director in Dec 2020, was until now in charge of supervisory…

India’s manufacturing activity showed a mild recovery in April, with growth in new orders and output improving sequentially, though the pace remained among the slowest in nearly four years, PTI reported.The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 54.7 in April from 53.9 in March, signalling continued expansion but marking the…

A company law appeals court on Monday rejected a challenge by mining billionaire Anil Agarwal’s Vedanta Ltd to the winning bid by Gautam Adani’s group for bankrupt real estate firm Jaiprakash Associates Ltd (JAL), whose assets include India’s only Formula One circuit. The National Company Law Appellate Tribunal (NCLAT) did not find merit in the…

Top stocks to buy (AI image) Stock market recommendations: Granules, and UltraTech Cement have been picked as the top stock recommendations from the week starting May 4, 2026 by Motilal Oswal Wealth Management Research Desk. Let’s take a look: Name CMP TP Upside Granules 701 820 17% UltraTech Cement 11597 13800 19% GranulesGranules India reported…

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex rallied strongly in opening trade on Monday as crude oil prices dipped and US President Donald Trump signalled help for ships stuck in the Strait of Hormuz. State election results from West Bengal, Kerala, Assam, Tamil Nadu, and Puducherry are also in focus….

Looking ahead, markets will closely track global PMI releases and US labor market data for further direction on inflation and policy outlook. (AI image) Gold price prediction today: Gold prices are seeing consolidation, according to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices extended last week’s decline, hovering near one-month…