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Federal Bank | To Acquire Select Retail Credit Card Portfolio From Standard Chartered India

The markets continue to remain under pressure, and the indices are deep in the red.

The Nifty Bank index is under immense pressure and is now down a mammoth 900 points.

Federal Bank to acquire select retail credit card portfolio from Standard Chartered Bank (SCB), #India

Neetish Sarda, Smartworks Coworking On CNBC-TV18

Shakti Pumps bags order worth ₹155 cr for 6,680 off-grid solar water pumping systems

According to the company, US tariffs on margins have decreased from their peak levels of 50% to about 18%, and as a result of the US-India trade agreement, they have now temporarily shifted to a range of 10–15%. It is anticipated that this will directly improve margins.

BCCCL | Challenges ₹17,344 Cr Coal Demand Notices, Revisional Auth Stays Coercive Action

The corporation will be considering a buyback of equity shares for the first time in almost two years. Bajaj Auto last did this in March of 2024.

Due to a combination of internal and international forces, the Indian rupee continued to decline on Thursday, April 30, breaking the 95-per-dollar mark and reaching an all-time low.

The Nifty index has extended its losses, and the index has now fallen below the 23,800 mark

Leaders from HDFC Bank and National Payments Corporation of India, among other cybersecurity experts, cautioned that although the risks of cyberattacks were present earlier, their speed and scope have increased, necessitating greater investment, improved coordination, and a shift toward the development of resilient systems across industries.

Ashok Nair, MD, RPG Lifesciences On CNBC-TV18

Dipan Mehta, Director, Elixir Equities

On paint companies

On Thursday, April 30, Hindustan Unilever Ltd. (HUL) revealed an underlying volume increase of 6% for the January to March quarter, exceeding the 4% to 5% rise predicted by the CNBC-TV18 poll.

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According to Marc Franklin, Deputy Head of Multi Asset Solutions, Asia at Manulife Investments, global markets are about to enter a phase of sharper differentiation, where winners and losers will be determined by capital flows, energy exposure, and growth tied to artificial intelligence (AI).

The shares of FMCG giant HUL have fallen from the highs of the day after the company announced its results.

The Bajaj Auto board will mull over a share buyback on May 6.

Dipan Mehta, Director, Elixir Equities

On QSR companies

Elixir Equities Director Dipan Mehta remains optimistic about Bajaj Finance, pointing to stable credit pricing and diversity. He recommends a long-term strategy for Swiggy-style models and prefers platform-led food enterprises over conventional QSR chains.

WATCH HERE

Elixir Equities Director Dipan Mehta remains optimistic about Bajaj Finance, pointing to stable credit pricing and diversity. He recommends a long-term strategy for Swiggy-style models and prefers platform-led food enterprises over conventional QSR chains.

WATCH HERE

Sudarshan Sukhani, Proprietor, Technical Trends

The shares of the e-retailer Meesho have seen a rise in recent months.

The shares of publicly-owned Indian Bank have fallen by over 4% in the past 6 months.

Vedanta adjusts at ₹289.50/share on #NSE post ex-demerger

Venkatraman V, Executive Director, Federal Bank On CNBC-TV18

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