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The top losers currently are Jain Resource Recycling (-5% down), CCL Products (-4% down), Vishal Mega Mart (-4% down), Poonawalla Fincorp, CG Consumer, InterGlobe Aviation, and UNO Minda.

The top gainers currently are Ola Electric (20% up), ITI (11% up), Meesho (7% up), Thermax, HFCL, Zen Technologies, Angel One, Anand Rathi Wealth, and Ather Energy. All of the above-mentioned stocks are up over 5% today.

BEML has partnered with Delhi Metro Rail Corporation to jointly bid for rail and metro projects in India and international markets

Oil prices gained amid uncertainty surrounding the US-Iran ceasefire, as concerns over supply disruptions persisted. At 14:40 IST, WTI crude rose to $97.95, up $3.54 or 3.75%, while Brent crude climbed to $98.27, gaining $3.52 or 3.72%. Murban crude advanced to $101.7, up $4.02 or 4.12%, whereas natural gas slipped to $2.719, down $0.005 or 0.18%.

The Nifty VIX index fell over 4% to 21.56 at 14:38 IST, following a sharp decline of more than 20% in the previous session.

CONCOR Says

First Global’s Devina Mehra emphasised that despite the truce, there is still uncertainty in the stock market and that portfolios are still diversified with exposure to industries like banking, pharmaceuticals, and automobiles as well as greater allocation to commodities like metals and oil.

Somil Mehta, Head Retail Research, Mirae Asset Sharekhan

On NTPC

Even as the market continued to trade in a volatile territory, ITI shares soared over 10%.

Somil Mehta, Head Retail Research, Mirae Asset Sharekhan

On defence, IT, Pharma

In pharma, Lupin and Aurobindo Pharma are looking good. In IT, HCLTech and LTM – these two stocks are strong at this point of time and in defence, BDL and Mazagon Dock are looking good.

As the Nifty gives up more of its gains, these are the biggest volume-based movers among Nifty 500 stocks.

The shares of Poonawalla Fincorp fell over 2% after reports suggested that the company is set to launch a QIP of ₹5000 cr at a discount

Datamatics | Launches TruAI Underwriting To aid Insurance Underwriting With Agentic AI

The shares of BPCL have dipped below the ₹300 mark

Ola Electric shares are up 55% in seven trading sessions after falling 85% from their post-listing peak.

In August 2024, Ola Electric shares were first listed on public exchanges. The stock is still down more than 50% from its issue price of ₹76 a share, despite this rebound.

HPCL shares plunged further as the price of Brent rose.

The price of crude standard Brent, jump over 3% to $98

In an effort to improve its capabilities in excitation systems for synchronous machines, Bharat Heavy Electricals Ltd. (BHEL) announced on Thursday, April 9, that it has entered into a technological collaboration agreement (TCA) with South Korea’s E2S Company Ltd.

Iman Nasseri, MD, Middle East Research, FGE NexantECA On CNBC-TV18

BHEL signs tech collaboration agreement with Korea-based E2S Company for excitation systems

The Nifty index has fallen over 200 points as recovery gets sold into.

In line with RBI Payment Vision 2028, Axis Bank joins NPCI Bharat BillPay Banking Connect, extending the interoperable net banking infrastructure to eight banks and more than 4,800 merchants.

According to those acquainted with the situation, Russia is attempting to use a worldwide shortage of natural gas to entice South Asia, which is in dire need of energy, to buy cargoes from its US-sanctioned facilities.

Dilip Buildcon | Declared Lowest Bidder For EPC Project Worth ₹268 Cr By Guj Govt

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