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Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine

IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety Om Power Transmission IPO subscribed 3.33 times on final day Broker’s call: Anand Rathi Wealth (Neutral) Broker’s call: Paytm (Outperform) Pakistan Stock Exchange plunges 5,000 points after US-Iran talks fail NSE gets MCA approval to launch National Coal Exchange of India Citius TransNet Investment Trust's ₹1,105-cr IPO to open on Apr 17 NSE gets MCA nod for coal exchange entity name Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy Rupee falls most in two weeks as oil spikes on US move to blockade Iran ports India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Dalal Street midday: Sensex, Nifty down nearly 1%, Reliance, Eicher among top laggards, auto, oil Stocks weigh Iranian crude returns to India after seven years as tankers dock at key ports Sensex, Nifty pare early losses but stay in red at noon; Auto, Financials drag India's March palm oil imports fall 19% to three-month low Government bonds slump after US-Iran peace talks falter Failure of US-Iran talks set to weigh on risk assets Monday Zydus Wellness targets $500 million face wash market with tan removal launch Failure of US-Iran truce talks: Rupee opens 57 paise weaker RBI criticises banks’ rupee arbitrage trades Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse How govt policy initiatives to impact shares of EV makers, oil exporters Stock Market Highlights: Sensex ends at 76,776; Nifty 50 down 226 pts (0.94%) at 23,823 Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Brokers’ ISF explores unified documentation framework to ease compliance burden K-shaped trend emerges in jewellery as premium demand stays resilient Retail investors give recent IPOs a miss due to lack of bumper listing gains Inconclusive US-Iran talks, oil prices, inflation data to dictate investors' sentiment: Analysts FPIs extend sell-off in April; pull out ₹48,213 crore in 10 days After hitting rock bottom, Indian stock market is on its way to a speedy recovery, says Vallum Capital Gold vs equities: Does the yellow metal hold edge despite softening shine? The new gold rush: Why investors are moving from jewellery to digital FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months 5paisa Capital's ₹469 crore rights issue oversubscribed 1.24 times Shriram Finance’s credit rating climbs after MUFG investment SEBI chief reaffirms open-door policy for global capital SEBI launches three new IT platforms to transform regulatory landscape India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Sun Pharma shares down 4 per cent on reports of overtures for US-based Organon Greenlight open market buybacks, but stay cautious TCS shares down 3.2% despite Q4 profit growth and deal wins SEBI uncovers ₹2,950-crore Ponzi-like network, fines Trdez ₹1 crore SIP inflows hit record high in March despite market turbulence Broker’s call: JM Financial (Buy) Inflow in equity MFs surges 56% to ₹40,450 crore in Mar amid geopolitical tensions, mkt volatility Markets snap six-week losing streak; all eyes on US-Iran talks Corporate governance must empower people, says Arundhati Bhattacharya BSE shares hit 52-week high, what is driving the surge? Rupee drops 17 paise to close at 92.68 against US dollar Stock Market Highlights: Closing bell: Sensex settles 918 points higher at 7,550, Nifty 50 up 275 points at 24,050 Q4 Results Highlights: TCS shares down after Q4 results, Anand Rathi & GM Breweries flat, Agri-Tech, Eco Hotels and Resorts, Vashu Bhagnani Industries to announce Q4 results Gold futures drop ₹1,363 to ₹1,52,071/10g RBI’s recent currency curbs can backfire. Here’s why RBI's cash withdrawal plan pushes up bond yields, swap rates MF equity inflows jump 56% as investors pump-in more money D-Street rebounds: Sensex, Nifty up 1%, auto stocks roar, Sun Pharma, Infosys, TCS top losers Ajmera Realty jumps 3% as record FY26 pre-sales lift sentiment MWL shares edge up after vendor empanelment Godrej Properties shares rise on record FY26 results; stock up 1.7% in afternoon trade Prestige Estates shares gain on ₹9,000 crore Versova project with ABIL Group Nifty crosses 24,000; IT stocks bleed as broader market rallies India's equity mutual fund flows jump to 8-month high in March Jefferies stays marginally overweight on India; valuations improve despite weak Q1 Om Power Transmission IPO subscribed 46% on day 2 morning India gold demand firms ahead of festival; China premiums ease Wipro shares steady amid IT selloff, buyback buzz lifts sentiment Crude oil futures rise on Hormuz disruptions, Saudi attack reports Gift Nifty points to gap up opening driven by global cues Rupee rises 10 paise to 92.41/USD; faces risks from rising global tensions Crude surge, geopolitical tensions weigh on IT; financials, paints outperform 9 Stocks to Watch: Wipro, Poonawalla Fincorp, Prestige Estates and Amagi Media Lab Debt auction adds fresh pain to India bonds hit by oil prices Gold prices log worst monthly fall since 2013 with 12% drop in March: World Gold Council Nifty snaps 5-day winning streak as ceasefire hopes fade, crude surges BSE gets SEBI nod to launch derivative contracts on BSE Focused IT Index NSE plans ₹23,000-crore IPO filing by early May Unseasonal rain, hailstorms, may drag Indian wheat output by over 5% Milky Mist beats FY26 targets, IPO on track, says CEO Ola Electric hits upper circuit, closes 20% higher Zerodha’s Coin app adds fixed deposits, expands beyond mutual funds Exchanges extend IPO approval validity for SMEs Broker’s Call: Aptus Value, Aadhar Housing Fin (Outperform) TCS Q4 Results Highlights: IT bellwether Q4 PAT up 12% y-o-y; FY26 profit sees marginal growth Broker’s Call: Amagi Media Labs (Buy) ABD Maestro launches ZOYA Pink Mix Berries Gin at ₹2,500 in Maharashtra Anand Rathi Wealth Q4 profit jumps 41%; board announces bonus issue, dividend Gold futures trade higher at ₹1.51 lakh/10g Stock Market Highlights: Sensex plunges 1.2%, Nifty 50 drops 0.93% as markets slide Rupee falls 9 paise to close at 92.63 against US dollar Aimtron Electronics bags ₹57.66 crore IIoT and AI surveillance orders Stock market rally shows signs of short covering, lacks fresh buying LIC board meets today to consider maiden bonus issue Rupee seen sliding to 100 per Dollar as Oil prices surge
India targets 30 lakh PNG connections amid LPG supply concerns
2026-04-10 · via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Amid ongoing West Asia conflict impacting LPG supplies, the Centre has intensified efforts to expand piped natural gas (PNG) connections across over 150 high-priority districts

Amid ongoing West Asia conflict impacting LPG supplies, the Centre has intensified efforts to expand piped natural gas (PNG) connections across over 150 high-priority districts

As the West Asia conflict continues to impact LPG supplies with no near-term respite, the Ministries of Petroleum & Natural Gas (MoPNG) and Housing and Urban Affairs (MoHUA) on Thursday held a review meeting to focus on PNG expansion in more than 150 high-priority districts, targeting 30 lakh connections.

Oil Secretary Neeraj Mittal and MoHUA Secretary Srinivas Katikithala chaired the joint review meeting through video conferencing with state Urban Development Secretaries, state Civil Supplies Departments, District Magistrates, and Municipal Commissioners/Executive Officers of Urban Local Bodies (ULBs), MoHUA said.

Poll-bound states such as Tamil Nadu and West Bengal were not part of the high-level meeting, it added.

All States/UTs and Urban Local Bodies (ULBs) have been directed to facilitate the establishment of a single-window, time-bound approval mechanism for PNG-related works.

Prioritising PNG

“The meeting focused on accelerating the expansion of Piped Natural Gas (PNG) infrastructure in 110 identified focus GAs, while also strengthening last-mile connectivity in view of the evolving geopolitical situation in West Asia,” MoHUA said.

The deliberations also focused on the need to immediately prioritise providing household PNG connections in areas where pipeline infrastructure is already in place, with a focus on unlocking the existing potential by targeting nearly 30 lakh connections in such areas, it added.

As per the MoPNG, there are 60 lakh liquefied petroleum gas (LPG) connections near operating piped natural gas (PNG) networks and can easily migrate to piped gas.

Katikithala stressed the need to scale up the broader unmet potential of nearly 60 lakh PNG connections through focused campaigns and streamlined processes.

A saturation approach was proposed for major cities, including Ahmedabad, Bengaluru, Delhi-NCR, Lucknow, Mumbai, Thane, Navi Mumbai, Pune, Surat and Varanasi to achieve near-universal PNG coverage by ensuring comprehensive network expansion and maximising household connections.

Representatives of City Gas Distribution (CGD) entities operating in the identified areas were also present. The meeting witnessed participation from officials across more than 110 GAs, covering over 190 districts and more than 300 municipalities/ urban authorities.

Besides, District Magistrates/Collectors from over 150 districts and Municipal Commissioners/Executive Officers from more than 260 Urban Local Bodies participated in the deliberations.

Expanding network

The latest deliberation was a follow-up to the roundtable review meeting on the expansion of PNG services and the maintenance of essential services in urban areas held on March 28, 2026. It was chaired by Ministers from MoHUA, MoPNG, and Consumer Affairs, Food and Public Distribution (MoCAFPD).

Katikithala directed States and ULBs to facilitate mapping of PNG pipeline networks, accelerate the expansion of household PNG connections, and focus on tapping unmet demand in the identified GAs to ensure greater access to safe, convenient, and affordable fuel, thereby improving the quality of life and ease of living for urban households.

All Districts/ULBs were directed to prepare a time-bound three-week action plan with ward-wise targets, identification of priority areas and clear timelines for approvals and execution.

ULBs should prioritise areas where pipeline infrastructure is already available, high-demand locations and group housing societies to achieve quick results. Fast-tracking permissions in such areas was emphasised to demonstrate immediate progress, Katikithala said.

Mittal clarified that the Natural Gas & Petroleum Product Distribution Order - 2026 (March 24, 2026) supersedes all previous notifications regarding gas supply.

Suitable directions have also been issued to all States/UTs and ULBs to relax procedural norms, wherever feasible and to expedite the rollout of PNG connections in a time-bound manner, the Oil Secretary stated.

A Dedicated MIS/portal will be developed for daily monitoring of PNG expansion. ULBs will ensure daily reporting on the portal to ensure transparency and accountability. CGD entities were directed to map their PNG pipeline networks on the PM Gati Shakti National Master Plan portal for coordinated planning, population projects and integration of underground utility networks.

Overall, the meeting stressed the urgency of scaling up PNG connections from the current pace to a significantly higher level through coordinated and sustained efforts.

Strengthened Centre–State–District collaboration, focused interventions in high-potential urban areas, enhanced consumer awareness, robust coordination mechanisms and technology-enabled monitoring frameworks for ensuring that benefits of PNG reach eligible households and establishments in a timely and efficient manner.

Published on April 2, 2026