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DGFT Issues List Of 15 Banks Authorised By RBI To Import Gold & Silver w.e.f Apr 1-March 31, 2029

Includes Axis Bank, Bank Of India, Deutsche Bank, Federal Bk, HDFC Bank, Industrial & Commercial Bank Of China, ICICI Bank

IndusInd Bk, IOB, Kotak Mah Bank, Karur Vysya Bank, PNB, RBL Bank, SBI & Yes Bank Inclusive Too

Union Bk Of India, Sberbank Authorised By RBI To Import Only Gold w.e.f Apr 1-March 31, 2029

JSW Steel & POSCO Group To Form 50:50 JV, With Saffron Resources Becoming JV Entity

Proposed JV To Set-up A Greenfield 6 mtpa Integrated Steel Plant At Odisha

Shares of Bajaj Consumer Care surged 15% reacting to their March quarter results.

Its revenue was up 30.4% at Rs 326.55 crore while its EBITDA more than doubled, rising 139.6% to Rs 76.5 crore.

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Here are a couple of stock recommendations by Hemen Kapadia, Technical Associate, DRChoksey Finserv:

Buy APL Apollo Tubes with a stop loss of ₹2,040 and a target of ₹2,190

Buy Biocon with a stop loss of ₹340 and a target of ₹385

CRISIL Q1CY26:

Net Profit down 3.4% At `233.3 Cr Vs `241.5 Cr (QoQ)

Revenue down 2.2% At `1,058 Cr Vs `1,081.6 Cr (QoQ)

EBITDA down 6.2% At `318.6 Cr Vs `339.5 Cr (QoQ)

Margin At 30.1% Vs 31.4% (QoQ)

Net Profit up 46% At `233.3 Cr Vs `160 Cr (YoY)

Revenue up 30% At `1,058 cr Vs `813.2 Cr (YoY)

EBITDA up 37.3% At `318.6 Cr Vs `232 Cr (YoY)

Margin At 30.1% Vs 28.5% (YoY)

Gujarat Gas shares gained 8% after brokerage firm Nomura upgraded its recommendation to ‘buy’ from ‘reduce’.

It has a price target of Rs 390 apiece, implying an upside of 16% from its previous close.

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Aditya Birla Capital – AB Housing Finance to allot 12.3 crore Shares at ₹223.12/share to Advent International, raising  ₹2,750 crore.

Bajaj Cons Q4

Crompton Greaves Bags Order Worth ₹71.8 crore From Maharashtra State Electricity Distribution Co

Apollo Micro Systems Gets Arms Manufacturing Licence From Government Of India

NBCC Sells Commercial Space At Bharat Business Park, New Delhi For Rs 5,779 Crore

Zaggle Prepaid Enters 3-year Agreement With Federal Bank To Provide Employee Expense Management & Benefits Solution

Market at day’s high, Nifty above 24,300, FMCG is the top gaining sectoral index, up nearly 3%

The natural gas pipeline will cover a length of around 425 km with a system capacity of 6.84 mmscmd.

NBCC Emerges As Highest Bidder For Rs 1,374 Cr Commercial Tower At Bharat Biz Park

Here are a few stock recommendations by Jay Thakkar, Head Derivative & Quant Research, ICICI Securities:

Buy Dr Reddy’s Laboratories with a stop loss of ₹1,150 and a target of ₹1,300-1,340

Buy ITC with a stop loss of ₹296 and a target of ₹330-345

Buy Reliance with a stop loss of ₹1,310 and a target of ₹1,430-1,470

NBCC Gets ‘No Objection’ From DIPAM For HSCC Merger

IBJA On Gold Imports:

Importers Await DGFT’s Clarification On Concessional Duty Resulting In GST Blockage

There Have Been No Imports Of ‘Dore’ For 3 Months

Alert: Srcs Say All Gold Import Applications Except MMTC & IIBX Imports Rejected From Apr 1

Stocks in focus are Titan, Kalyan Jewellers & MMTC

Here are a couple of stock recommendations by Shrikant Chouhan, EVP and Head Equity Research, Kotak Securities:

Buy Siemens India with a stop loss of ₹3,475 and a target of ₹3,700-3,750

Buy Hindalco with a stop loss of ₹940 and a target of ₹1,050-1,060

Nuvoco Vistas To CNBC-TV18

Overall Demand Has Picked Up In All Markets In April, Particularly Our Core-East Market

Have Taken Price Increases Of Rs 10-15/Bag Across Our Core Markets In Trade Segment

Non-trade Price Hikes Are To The Tune Of `20/Bag

Price Hike Of `10 Has Been Absorbed Across Markets

Not A High Hit On Fuel Costs In Q1FY27 Due To Lower Cost Inventory Which Will Last Till Q2FY27

Cost Increase In April Vs March Exit Cost Is Rs 100-120/t

Looking At Maintaining FY27 EBITDA/t At Similar Levels As FY26 Which Is Approximately `900/t

Will Look To Move Clinker From Kutch To Surat Via Sea As Well As Rake Route

Planned Bulk Terminal At Sachana, Gujarat To Serve As A Strategic Distribution Hub

Confident We Can Churn Cement Out Of Surat In Q2FY27

We Have Scaled Cement Capacity To 35 mt From 2 mt & Focus Is On Expansion

Focus Is On Expanding Cement Capacity Across India

L&T Tech Partners With Global Energy Major For Digital Expertise Centre In India, Deploying Around 500 Engineers

Karan Virwani, WeWork India On CNBC-TV18:

Q4 Numbers & Q1 Pipeline Will Provide A Clear Growth Picture

Guidance For Topline Growth Of 20% For The Coming Years

Supply Availability & Demand Overhang Persisted Post-Covid

Gurgaon Saw Some Construction Delays

We Have Signed A Few Under-Construction Assets

Supply Availability & Demand Overhang Persisted Post-Covid

Gurgaon Saw Some Construction Delays

We Have Signed A Few Under-Construction Assets

Ramp-up Of Assets Will Aid To Rental Revenue Growth

Will Average 20-22% EBITDA Margin

Rupee at day’s high, now at 92.74 against US Dollar, strengthens by nearly 47 paise.

Krishna Srinivasan, IMF On CNBC-TV18:

Numbers For Asia Remain Unchanged Compared To January 2026

India Sees A Modest Revision, With FY27 Growth Forecast At 6.5%

Asia Started 2026 On A Strong Footing & The Current Disruption Is Expected To Be Temporary

If China Performs Well, Other Emerging Markets Are Also Likely To Do Well

1% Growth In China Translates Into Around 0.3% Growth Across Emerging Markets

If The West Asia Situation Is Prolonged, Asian Growth Could Be 1-2% Lower & Inflation Could Be Higher

We Could See A Long-term Impact On Capital Flows If The West Asia Situation Intensifies

If AI Is Used Efficiently, It Could Add 0.1–0.8% To Global Growth

Glycerol Phenylbutyrate Oral Liquid Is Used For The long-term Management Of High Blood Ammonia

India Bullion And Jewellers Association Says:

All gold #import applications rejected from April 1

Only MMTC & India International Bullion Exchange (#IIBX) imports for gold are ongoing

Ranjit Cirumalla, IIFL On CNBC-TV18:

Ammonia Supply Continues To Be An Issue For Fertilisers, Amines & More

Continue To Prefer SRF, Navin fluorine, Deepak Nitrite and Deepak Fertilisers

We Could Enter Into Restocking Cycle If The Disruptions Continues

Boman Rustom Irani, Keystone Realtors ON CNBC-TV18:

Q4 Was The Best Quarter For The Company In Terms Of Bookings

`10,000 Cr Worth Of Projects Have Been Launched In The Last Year

We Expect To Achieve Sales Of `10,000 Cr Over The Next 4 Years

We Have Delivered Steady-State Growth Of 25% Over The Last 3 Years

Shantanu Roy, BEML On CNBC-TV18:

Have Been Working On Recent Export Orders From West Asia For 7-8 Months

Have Not Seen Much Impact On Supply Chain Due To The West Asia Conflict

See An Opportunity Size Of `40,000 Cr In FY27 Across Segments

Expect Order Inflow Of `20,000 Cr In FY27

Target To Cross $200 m Order Book In The International Business In FY27

Expect Exports To Contribute 6-7% To Topline In FY27, Target To Scale Up To 10% In FY28/29

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