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#1 Profit grows 17.2 percent to Rs 327.1 crore Vs Rs 279 crore, YoY

#2 Revenue increases 16.7 percent to Rs 3,207.9 crore Vs Rs 2,748.8 crore, YoY

The India-US agreement would boost exports in key sectors like IT, pharmaceuticals, textiles, and engineering, while attracting more US investment in manufacturing, clean energy, and defense....

Yesterday, the benchmark indices bounced back sharply, with the Nifty ends 289 points higher while the Sensex was up by 1006 points. Among sectors, almost all the major sectoral indices traded in positive territory, but the Defense and Oil and Gas indices outperformed, with Defense up 4 and Oil and Gas gain 3 percent.

Technically, after a promising opening, the market maintained positive momentum throughout the day. Additionally, it formed a long bullish candle on the daily charts, which supports a further uptrend from current levels. We believe that the short-term market texture is still on the bullish side but buying on intraday dips and selling on rallies would be the ideal strategy for day traders.

On the downside, 24200/79800 and 24100/79500 would act as key support zones, while 24400-24500/80500-80700 could serve as crucial resistance areas for the bulls. However, if the market falls below 24100/79500, the uptrend would become vulnerable.

#1 Trump to reduce impact of auto tariffs: US Commerce secretary

#2 Asian markets rise; Nikkei shut for public holiday

#3 GIFT Nifty hints at flat but positive start

#4 US Futures edge higher

#5 Wall Street ends mixed amid choppy session

#6 S&P 500 gains for 5th straight day

#7 European stocks rise; FTSE 100 notches best winning streak in over 5 years

#8 Meta, Microsoft quarterly earnings today

#9 US home prices, consumer confidence and job openings data today

#10 US 10-year yield sheds 5 bps to 4.21% ahead of key economic data

#11 USD index slips 0.4% ahead of US data

#12 Crude prices drop on demand fears

#13 Gold rebounds amid bargain-hunting

Asian stocks posted a slight gain as investors awaited a slew of corporate earnings and economic data this week that will give an early indication of the impacts from President Donald Trump’s tariff war.

Trends on GIFT Nifty indicate a flat start for the broader index in India, with a gain of 26 points or 0.11 percent. The Nifty futures were trading around 24,495.50 level.

Until the Nifty decisively clears the 24,350 hurdle and sustains above it, consolidation may continue, with crucial support at the 24,000–24,050 area. A decisive move above 24,350 can open the gates for a rally toward 24,550, the next resistance, followed by 24,860, according to experts....

The dollar barely recouped its heavy losses on Tuesday as investors were no clearer on whether a de-escalation of the Sino-U.S. trade war was underway with Treasury Secretary Scott Bessent suggesting the onus was on China to start negotiations.

The U.S. currency was last up 0.11% at 142.19 yen, barely reversing its 1.2% fall, and ticked 0.18% higher against the Swiss franc to 0.8217, having slid 0.8% on Monday.

The euro was down 0.15% at $1.1404, but remained on track for its largest monthly gain against the dollar in nearly 15 years as investors flee U.S. assets and search for alternatives in Europe.

Sterling was pinned near a three-year top and last bought $1.3427. Against a basket of currencies, the dollar last steadied at 99.079, having fallen 0.6% in the previous session.

Crude oil prices fell in early Asian trading on Tuesday as investors lowered their demand growth expectations due to the ongoing trade war between the United States and China, the world's two biggest economies.

Brent crude futures fell by 25 cents, or 0.4%, to $65.61 per barrel. US West Texas Intermediate crude futures fell 18 cents, or 0.3%, to $61.87 a barrel. Both benchmarks fell more than $1 on Monday.

The Foreign institutional investors (FIIs) bought equities worth Rs 2474 crore on April 28 as they extended buying on ninth straight sessions, turning net buyers for the month. However, Domestic institutional investors (DIIs) has extended their buying on second day as they bought equities of Rs 2817 crore....

The S&P 500 and the Dow ended in positive territory at the conclusion of a choppy session on Monday and gold advanced as investors looked for signs of progress in tariff negotiations at the top of an eventful week of corporate earnings and economic data.

The Dow Jones Industrial Average rose 114.09 points, or 0.28%, to 40,227.59, the S&P 500 rose 3.54 points, or 0.06%, to 5,528.75 and the Nasdaq Composite fell 16.81 points, or 0.10%, to 17,366.13.

Bulls were back in action on Dalal Steet on April 29, with the benchmark indices erasing losses of the previous two sessions, taking Nifty 50 back above 24,300 led by buying in heavyweights including Reliance Industries and across sectors, barring IT stocks.

At close, the Sensex was up 1,005.84 points or 1.27 percent at 80,218.37, and the Nifty was up 289.15 points or 1.20 percent at 24,328.50. BSE Midcap index rose 1.3 percent, while the smallcap index added 0.4 percent.

Reliance Industries, SBI Life, Bharat Electronics, Sun Pharma, JSW Steel were among biggest gainers on the Nifty, while losers were Shriram Finance, HCL Technologies, Eternal, UltraTech Cement, HUL.

Defence-related shares saw significant buying interest amid high geopolitical tensions, with HAL and BEL rising up to 5 percent and 3 percent respectively.

Among sectors, except IT, all other indices ended in the green with metal, realty, oil & gas, pharma, PSU Bank up 1-3 percent.

Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.– Peter Lynch

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