Published on 28/04/2026 02:03 PM
The Indian markets are trading at the day’s low
The shares of Sapphire has fallen from the highs after the company announced its results
For the quarter ending March 31, 2026, Castrol India Limited reported a 3.7% year-over-year (YoY) increase in net profit at ₹242.2 crore, up from ₹233.5 crore during the same period the previous year.
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The shares of Union Bank is the worst performing among the Nifty PSU bank stocks.
According to Ruchit Mehta, Head of Research at SBI Mutual Fund, CDMOs and hospitals play in the pharmaceutical industry have better growth prospects than generics. He believes that while midcaps need to be selective on the face of earnings uncertainties, large caps are appealing on pricing.
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According to a business filing, RJ Scaringe, the founder and CEO of Rivian, made $402.6 million in total compensation last year, ranking among the highest-paid auto executives in the US.
The Nifty PSU bank index is under pressure, falling close to 2%
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The markets slipped to the lows of the day, trading in red.
Amish Shah, Head-India Research at BofA Global Research, highlighted energy security as a long-term trend and predicted that Indian markets might witness a 9% increase in profitability over the course of the year with little decline.
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The Nifty Smallcap index trades close to half a per cent higher, even as most indices trade lower.
The Nifty Midcap 100 index is trading marginally higher than the frontline indices.
The Nifty Bank has fallen over 1% or by over 450 points, as the index vies
The Nifty index has fallen to the day’s low as sell-off intensifies.
According to people with knowledge of the situation who spoke to CNBC-TV18, Peak XV completely exited payment solutions company MobiKwik Ltd. in the block trade that occurred on Tuesday, April 28.
The market is now trading largely in the red, with Nifty Bank at the day’s low
With the announcement of new exploratory operations in Libya by Indian Oil Corporation (IOC) and Oil India as part of a consortium focused on hydrocarbon discovery, India’s drive to capture energy assets abroad is gathering steam.
Even while cost pressures and export difficulties persist, Gyanendra Shukla, MD & CEO of the agri-solutions company Rallis India, stated that the company has normalised its inventory levels and is experiencing progress in its seeds business.
According to Mayuresh Joshi, Director of Research at Marketsmith India, UltraTech’s double-digit volume forecast supports consistent performance, but Coal India’s weak volumes and realisations restrict upside despite a yield of roughly 6%.
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The markets are trading under pressure, falling from the highs of the day
Air India, IndiGo, and SpiceJet are represented by the Federation of Indian Airlines (FIA), which has called for immediate government action on aviation turbine fuel (ATF) pricing, citing the industry’s “extreme stress” and potential for operational disruption.
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