tock Market Today | Share Market Highlights: Renewed hopes of a diplomatic resolution between the US and Iran, along with a 10-day ceasefire between Israel and Lebanon, have materially improved global risk appetite, a market analyst said.
The 30-share BSE Sensex jumped 504.86 points, or 0.65%, to settle at 78,493.54. During the day, it surged 564.77 points, or 0.72%, to 78,553.45. The 50-share NSE Nifty climbed 156.80 points, or 0.65%, to end at 24,353.55.
From the 30-Sensex firms, Hindustan Unilever, Power Grid, Reliance Industries, Bharat Electronics, Tech Mahindra and Titan were among the major winners. In contrast, Sun Pharma, Mahindra & Mahindra, Larsen & Toubro and HCL Tech were among the laggards.
Brent crude, the global oil benchmark, dropped 3.07% to $96.34 per barrel.
- April 17, 2026 16:18
Global Energy Shock Triggers Broad-Based Selloff; India Shows Resilience Amid Record FII Outflows: PL Asset Management
Global Energy Shock Triggers Broad-Based Selloff; India Shows Resilience Amid Record FII Outflows: PL Asset Management
Mumbai, 17th April 2026: According to PL Asset Management, the asset management arm of PL Capital Group (Prabhudas Lilladher), a sharp global energy shock and rising stagflation risks triggered a synchronized selloff across asset classes in March 2026, leading to a systemic correction in equity markets worldwide, including India.
While global markets witnessed broad-based de-risking, Indian equities demonstrated relative resilience, supported by strong domestic macroeconomic fundamentals and robust institutional liquidity.
Global markets: Energy shock drives synchronized selloff
According to PL Asset Management, March was characterized by a regime change, whereby equities, bonds, currencies, and even the traditional safe haven assets declined simultaneously.
Prices for crude oil surged 52% after disturbances occurred in the Strait of Hormuz. This led to a rise in inflation rates globally, compelling the central banks to take the “higher-for-longer” interest rate policy approach.
Most of the major indices declined globally, including the KOSPI in Korea, which fell by over 19%, and Nikkei in Japan, whose decline was at more than 13%.
- April 17, 2026 16:03
Rupee rises 29 paise to settle at 92.85 against US dollar
Rupee rises 29 paise to settle at 92.85 against US dollar
The unit touched the day's low of 92.98 before ending the session at 92.85 (provisional) against the American currency, up 29 paise from the previous closing level
- April 17, 2026 15:37
Stock Market Closing Bell: Sensex settled 504.86 pts or 0.65% higher at 78,493.54, and Nifty 50 increased by 156.80 pts or 0.65% to 24,353.55
- April 17, 2026 15:25
NPSPL Speciality Chemicals to set up cathode material company in Andhra Pradesh
NPSPL Speciality Chemicals to set up cathode material company in Andhra Pradesh
The Government also agreed to extend the incentives under the Andhra Pradesh Electronics Component Manufacturing Policy to the company
- April 17, 2026 15:21
Crisil Q1 net profit rises 46% to ₹233 cr; declares interim dividend
Crisil Q1 net profit rises 46% to ₹233 cr; declares interim dividend
Crisil's Q1 net profit surges 46% to ₹233 crore, with total income rising 29.6%; interim dividend declared.
- April 17, 2026 15:21
Zen Technologies receives Arms Manufacturing Licence from Government of India for 12.7mm, 23mm, 30mm and 40mm Cannons. Shares traded 7% higher at Rs 1,630 on the NSE
- April 17, 2026 15:21
Shree Refrigerations receives an order from Cochin Shipyard Ltd
Shree Refrigerations: order received from Cochin Shipyard Ltd, Perumanoor, Kochi, Ernakulam, Kerala - 682015, for supply of 8 kw Refrigerations Plant for Next Generation Missile Vessel (“NGMV”) Project.
- April 17, 2026 15:10
Jio Platforms said to plan filing for IPO next month
Jio Platforms said to plan filing for IPO next month
Jio Platforms plans to file for an IPO next month, potentially becoming India's largest-ever public offering.
- April 17, 2026 15:06
Zelio E-Mobility appoints 26-year-old CA as CEO after IPO debut
Zelio E-Mobility appoints 26-year-old CA as CEO after IPO debut
The appointment was approved by the Board of Directors through a resolution by circulation, based on the recommendation of the Nomination and Remuneration Committee
- April 17, 2026 14:59
Companies
Aditya Birla Housing Finance raises ₹2,750 crore by selling 14.29% stake to Indriya
Aditya Birla Capital on Friday said its housing finance subsidiary has raised ₹2,750 crore by selling 14.29 per cent stake to Indriya Ltd, an arm of PE investor Advent International.
Aditya Birla Housing Finance raises ₹2,750 crore by selling 14.29% stake to Indriya
Aditya Birla Housing Finance raises ₹2,750 crore by selling 14.29% stake to Indriya, ending its status as a wholly-owned subsidiary.
- April 17, 2026 14:58
Stock market
At 2.45 pm, Sensex traded 451.74 pts or 0.58% higher at 78,440.42, and Nifty 50 increased by 148.30 pts or 0.61% to 24,345.05.
- April 17, 2026 14:41
Birla Estates incorporates wholly owned subsidiary Pragataya Properties; shares flat at ₹1,418.50
Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate, has incorporated a wholly owned subsidiary ‘Pragataya Properties Private Limited’
Shares flat at Rs 1,418.50 on the NSE
- April 17, 2026 14:40
Companies
Bigbloc arm starts trial production at Umargaon construction chemicals plant
Bigbloc Building Elements Private Limited, a wholly owned subsidiary of Bigbloc Construction Limited, has commenced trial production at its state-of-the-art construction chemicals plant at the Umargaon facility, reinforcing the Group’s commitment to innovation and expansion in the construction materials space.
- April 17, 2026 14:39
Stock market
TVS Motor shares flat on the NSE at Rs 3,734.80. The company increased its shareholding in DriveX Mobility to 92.4% from 87.4%
- April 17, 2026 14:38
Finance
Aurionpro launches AI-native trade finance platform Fintra
Aurionpro Solutions launched Fintra today, an artificial intelligence-native platform for trade finance, targeting banks across India, the Middle East, and Southeast Asia for pilot engagements.
Aurionpro launches AI-native trade finance platform Fintra
Aurionpro launches Fintra, an AI-driven trade finance platform enhancing document processing and compliance for banks in Asia.
- April 17, 2026 14:29
Banking
HDFC Bank approves investment of up to ₹1,000 crore in HDFC Life
HDFC Bank approves investment of up to Rs 1,000 cr in HDFC Life, subject to RBI approval.
Bank to announce Q4 results tomorrow, also consider fund raising and dividend.
Shares traded flat on the NSE at Rs 799.80.
- April 17, 2026 14:27
Companies
Morepen Laboratories announces completion of USFDA inspection at its Masulakhanna (HP) facility
Morepen Laboratories announced the completion of a United States Food and Drug Administration (USFDA) inspection at its Masulakhanna (HP) facility, with Zero observations (NIL Form 483)
Shares rose 2.5% on the BSE to Rs 42.17
- April 17, 2026 14:25
Companies
Windlas Biotech board approves up to ₹47 crore share buyback
Windlas Biotech board approved buyback of shares for an amount not exceeding Rs 47 crore.
Record date: April 24, 2026.
Shares flat at Rs 876.50 on the NSE
- April 17, 2026 14:17
Stock market
Shadowfax Technologies announced acquiring remaining and last tranche of shares of Criticalog India Private Limited (CIPL) from its founder; Shares traded flat on the NSE at ₹140.84
- April 17, 2026 14:17
Companies
JSW Steel, POSCO Group form 50:50 JV for 6 MTPA Odisha steel plant; shares up 2%"
JSW Steel board has approved entering into a Share Subscription and Joint Venture Agreement, with POSCO Co., Ltd and POSCOIndia Private Limited (together referred to as “POSCO Group”) through which Saffron Resources Private Limited (“Saffron”), a wholly owned subsidiary of the Company would become a 50:50 Joint Venture between the Company and POSCO Group. The proposed joint venture would set up a greenfield 6 MTPA integrated steel plant at Odisha. Saffron possesses 887 acres of land in Odisha (~595 acres freehold land; ~292 acres leasehold land), which may be used to set up the proposed plant.
JSW Steel shares were up 2% on the NSE to Rs 1,237.50
- April 17, 2026 13:41
Companies
NTPC Green Energy group firm to begin 150 MW supply from solar project in Rajasthan
NTPC Green Energy group firm to begin 150 MW supply from solar project in Rajasthan
NTPC's NGEL to launch 150 MW solar supply in Rajasthan, boosting total capacity to 10,276.40 MW.
- April 17, 2026 13:35
Companies
IOC wins bid for Kochi–Kanyakumari–Thoothukudi natural gas pipeline
The Petroleum and Natural Gas Regulatory Board (PNGRB) has granted authorisation to Indian Oil Corporation Ltd (IOCL) to lay, build, operate and expand the Kochi–Kanyakumari–Thoothukudi Natural Gas Pipeline (KTPL), in a key step towards strengthening gas infrastructure in southern India.
Read the full story here - April 17, 2026 13:33
Finance
Bajaj Housing Finance allots NCDs worth ₹1,008 crore
Bajaj Housing Finance board allotted 1,00,000 NCDs, aggregating to Rs. 1008.32 crore
Shares rose over 1% on the NSE to Rs 90.53
- April 17, 2026 13:22
Finance
Aditya Birla Capital arm raises ₹2,750 crore growth capital
Aditya Birla Capital Limited has informed the Exchange about its subsidiary, Aditya Birla Housing Finance Limited raising Rs. 2,750 Crore of growth capital.
Shares flat on the NSE at Rs 338.40
- April 17, 2026 13:20
Quarterly results
Bajaj Consumer Care profit nearly doubles in Q4, shares jump 8%
Bajaj Consumer Care’s consolidated profit after tax for the quarter ended March 2026 nearly doubled to Rs 63.59 crore compared to Rs 30.98 crore in the same quarter last year.
In FY26, consolidated profit increased by 52% y-o-y to Rs 190.18 crore from Rs 125.26 crore in the year-ago period.
Shares zoomed 8% to Rs 464.10 on the NSE.
Follow our live updates here - April 17, 2026 13:15
Quarterly results
HDFC Bank and ICICI Bank expected to post healthy profits in Q4FY26
What to expect from HDFC, ICICI Bank in Q4FY26 results?
HDFC Bank and ICICI Bank are expected to reel in decent profits in the fourth quarter, supported by healthy growth in advances and lower credit costs.
- April 17, 2026 13:14
Stock market
Sensex, Nifty hold gains led by FMCG stocks rally, Wipro, HDFC Life top losers
Equity benchmarks continued to trade in positive territory on Friday’s afternoon session, supported by optimism around easing geopolitical tensions and fresh foreign fund inflows. A temporary ceasefire between Israel and Lebanon, along with expectations of renewed U.S.-Iran talks and oil prices staying below $100 per barrel, boosted investor sentiment.
BSE Sensex jumped 427 points, while the Nifty 50 gained 210 points from the previous close. At 12.51 pm, Sensex traded 220 points or 0.28 per cent positive at 78,208.68, and Nifty 50 was up 65.80 points or 0.27 per cent to 24,262.55.
Broader markets outperformed the benchmarks, with the midcap index rising 0.8 per cent and the smallcap index advancing over 1 per cent at the time of writing.
Sectorally, most indices traded in the green, led by FMCG stocks, with the Nifty FMCG index climbing 2.5 per cent. Oil & gas and financial services stocks also saw strong buying interest. However, IT, consumer durables, pharma and auto stocks lagged.
Read the full story here - April 17, 2026 13:08
Stock market
Sensex, Nifty hold steady at midday; HUL, Nestle lead gains as IT, Financials weigh
Sensex, Nifty hold steady at midday; HUL, Nestle lead gains as IT, Financials weigh
Sensex and Nifty maintain modest gains amid steady buying in consumer staples, led by HUL and Nestle.
- April 17, 2026 12:46
Gold silver
Elevated prices curb gold demand ahead of Akshaya Tritiya
Gold demand in India was modest this week, as high domestic prices weighed on retail purchases ahead of the key Akshaya Tritiya festival weekend, while premiums in China held steady.
Dealers quoted discounts of up to $4 an ounce and though some quoted premiums of $14 an ounce over official domestic prices this week helped by festival-related demand, inclusive of 6 per cent import and 3 per cent sales levies, compared with last week’s discounts of up to $6 an ounce and premiums of $9.
Read the full story here - April 17, 2026 12:36
Ipo
Should you apply for Citius TransNet InvIT IPO? Here’s what the numbers really say
Citius TransNet InvIT’s ₹1,105-crore IPO is the latest road InvIT to hit the capital market. In the recent past, Raajmarg, Anantam and Bharat Highways were among the ones to float public issues. The new offer opens April 17 and closes on April 21.
The net proceeds, of up to ₹1,000 crore, are proposed to be used for the partial or full acquisition of securities of one entity and certain identified projects...
Read the full story here - April 17, 2026 12:33
India’s share of global GDP projected to hit 7% by 2050: McKinsey
India’s share of global GDP projected to hit 7% by 2050: McKinsey
Rising economic weight boosts appeal for alternative investors; private markets gain traction
- April 17, 2026 12:26
Industry update
RateGain Travel wins deal with MIAT Mongolian Airlines
RateGain Travel Technologies announced that MIAT Mongolian Airlines, the national lag carrier of Mongolia, has selected AirGain, RateGain’s pricing intelligence platform for airlines, to enhance its rate shopping and competitive pricing capabilities.
Shares flat on the NSE at Rs 582.65
- April 17, 2026 12:26
Quarterly results
Crisil results: PAT up 46%, shares gain 4%
CRISIL reported consolidated PAT for the quarter ended March 2026 at Rs 233.26 crore, jumping 46% y-o-y from Rs 159.84 crore in the same quarter last year.
Board approved the payment of first interim dividend of Rs. 9/- per equity share of face value of Re 1 each, for the financial year ending December 31, 2026, which will be paid on May 8, 2026.
Shares traded 4% positive on the NSE at Rs 4,300
- April 17, 2026 12:18
India bonds fall as debt sale looms, oil risks weigh
India bonds fall as debt sale looms, oil risks weigh
India's bond yields rise ahead of a major debt sale, influenced by high oil prices and inflation concerns.
- April 17, 2026 12:11
Banking
Zaggle signs pact with Federal Bank Zaggle shares were flat on the NSE at Rs 264.60.
Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into an agreement with The Federal Bank Limited.
Zaggle shares were flat on the NSE at Rs 264.60.
- April 17, 2026 12:01
Stock market
Markets at 12 pm
- Sensex climbs 236.33 pts (+0.30%) to 78,225.01
- Nifty up 63.40 pts (0.26%) to 24,260.15
- April 17, 2026 12:00
Gold silver
Gold enters consolidation phase after retail-driven frenzy buying this year: Jefferies
Global investment firm Jefferies in its latest report said that gold has entered a consolidation phase following a strong retail-driven buying surge seen late last year and early this year across key markets including India, China and the United States.
- April 17, 2026 11:57
Quarterly results
VST Industries shares rise 19% on strong Q4 earnings
VST Industries shares rise 19% on strong Q4 earnings, dividend boost
VST Industries shares surge 19% on strong Q4 earnings and a proposed ₹12 final dividend announcement.
- April 17, 2026 11:47
Finance
Aurionpro launches Fintra, a first-of-its-kind AI native platform and operating layer for trade finance
Shares traded flat on the NSE at ₹920.05.
- April 17, 2026 11:46
Logistics
India’s logistics sector is set to reach $362 billion by FY30, growing at 8% CAGR: Brickwork Ratings report
According to a study by Brickwork Ratings, India’s logistics sector is set to reach USD 362 billion by FY30, growing at 8% CAGR, driven by consumption, trade, and policy initiatives. Freight volumes will surpass 7,100 million tonnes, led by manufacturing and e-commerce. West India dominates regionally, while warehousing grows fastest. Despite cost advantages, challenges persist including fragmentation, infrastructure gaps, and geopolitical disruptions, which increase costs, delay shipments, and strain supply chains across sectors and regions the decade.
- April 17, 2026 11:31
Stock down
VA Tech Wabag says it is not aware of any ₹600 crore sewage treatment project in Saudi Arabia where it is the lowest bidder
The company clarified that its JV with HEISCO in Kuwait has emerged as the lowest bidder for a desalination project, but the Letter of Award is still awaited.
Shares were down 2% to ₹1,413.30 on the NSE.
- April 17, 2026 11:30
Industry update
Honda India Power Products to hold Annual Supplier Meet today
Honda India Power Products has organised an Annual Supplier Meet on April 17, 2026, serving as a strategic platform to celebrate the company’s past milestones while allowing leadership to unveil roadmap for the year ahead.
- April 17, 2026 11:16
Industry update
NBCC gets DIPAM nod for HSCC merger proposal
NBCC (India) informed that the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Govt. of India, conveyed a no objection on merger of HSCC (India) with the company.
- April 17, 2026 11:12
Commodities
Banks halt gold, silver imports amid delay in govt clearance
Banks halt gold, silver imports amid delay in government clearance
Indian banks suspend gold and silver imports due to government clearance delays, risking supply shortages for the country's demand.
- April 17, 2026 11:05
Markets at 11 am
Sensex rose 190.90 pts or 0.24% to trade at 78,179.58
Nifty rose to 24,249.75, up 53.00 or 0.22%
- April 17, 2026 11:00
L&T Technology Services wins major digital engineering partnership
L&T Technology Services, a global leader in AI, Digital & ER&D Consulting Services, is partnering with a leading global energy major to be its engineering services and technology partner for its Digital Expertise centre in India for about 500 Engineers.
Shares were up 1% to Rs 3,483.60 on the NSE.
- April 17, 2026 10:57
Quarterly results
Madhya Bharat Agro Products posts sharp jump in Q4 profit
Madhya Bharat Agro Products posted a net profit for the quarter ended March 2026 at Rs 59.76 crore compared to Rs 14.25 crore in the same quarter last year.
Board approved final dividend of Rs 0.50 per share.
Shares traded 2% lower at Rs 534.65 on the NSE.
- April 17, 2026 10:56
Aurobindo Pharma receives USFDA Approval for Glycerol Phenylbutyrate Oral Liquid, 1.1 grams per mL
Aurobindo Pharma receives USFDA Approval for Glycerol Phenylbutyrate Oral Liquid, 1.1 grams per mL
Shares flat on the NSE at Rs 1,387.60
- April 17, 2026 10:47
Stock market
Suzlon Energy shares climb 3.3% amid wind energy tailwind narrative
Suzlon Energy shares climb 3.3% amid wind energy tailwind narrative
Suzlon Energy shares rise 3.3% as wind energy gains momentum, with significant growth projected for the company.
- April 17, 2026 10:46
NSE
Nifty Prediction Today | April 17, 2026
Nifty Prediction Today – April 17, 2026: Nifty 50 Futures: Bullish. Go long now and accumulate on dips
Bullish Nifty 50 outlook for April 17, 2026: target 24,600-24,700; go long and accumulate on dips.
- April 17, 2026 10:41
Take Solutions eye Indian longevity and anti-ageing market Shares rose 2% to Rs 49.15 on the NSE
Take Solutions Announces plans to disrupt the Indian Longevity and Anti-ageing Solutions
Shares rose 2% to Rs 49.15 on the NSE
Shares rose 2% to Rs 49.15 on the NSE
- April 17, 2026 10:40
Wipro shares slide continues
Wipro shares slide 4% after Q4 results as weak guidance offsets buyback
Wipro shares drop 2.6% amid weak guidance and disappointing Q4 results, despite a significant buyback announcement.
- April 17, 2026 10:39
Stock market
Om Power Transmission shares jump after 6% premium debut on NSE
Om Power Transmission shares end with 10.5% listing gains on NSE
Om Power Transmission shares rise 6.2% on NSE debut, hitting a high of ₹195.30 amid positive investor sentiment.
- April 17, 2026 10:38
Gold silver
Gold holds steady, eyes fourth weekly gain on US-Iran peace deal hopes
Gold holds steady, eyes fourth weekly gain on US-Iran peace deal hopes
Gold remains steady, aiming for a fourth weekly gain amid US-Iran peace deal hopes and Indian import restrictions.
- April 17, 2026 10:33
Lupin settles US antitrust case with Humana for $30 million
Lupin shares traded flat on the NSE at Rs 2,331.20. Its arm Lupin Pharmaceuticals, Inc. USA has been involved in multiple civil lawsuits alleging anticompetitive behavior related to certain products and violation of federal and state antitrust laws. These multiple civil lawsuits were then combined into the collection of similar cases referred to as In Re Generic Pharmaceuticals Antitrust Litigation (“Litigation”), located in Philadelphia, Pennsylvania.
While LPI denies the allegations but considering that other defendants have recently settled the case and in order to avoid the costs and uncertainties of continued Litigation, LPI has entered into a Settlement Agreement (“Agreement”) with one of the Plaintiffs namely Humana Inc. (“Humana”).
Under the terms of the Agreement, LPI will pay USD 30 million in consideration for a full and final release of all claims against LPI and its current and former parents, affiliates, directors, employees and officers by Humana. This amount of settlement has already been provided in the Company’s prior consolidated financial results.
- April 17, 2026 10:27
NSE
Nifty Bank Prediction Today | April 17, 2026
Nifty Bank Prediction Today – April 17, 2026: Nifty Bank futures: Intraday rally anticipated
Nifty Bank is poised for an intraday rally, projected to reach 56,800, supported by bullish market trends.
- April 17, 2026 10:26
Stock market
HDFC Life shares slide 3.4% after margin miss
HDFC Life shares slide 3.4% after margin miss; analysts cut targets but maintain positive stance
HDFC Life shares drop 3.4% after margin miss; analysts lower targets but maintain positive outlook amid underperformance.
- April 17, 2026 10:24
Stock market
Waaree Renewables shares rally 13% on strong Q4
Waaree Renewable shares rally 13% on strong Q4 earnings
Waaree Renewable shares surge 13% after reporting impressive Q4 earnings, with revenue and profit significantly increasing year-over-year.
- April 17, 2026 10:19
Stock market
Stock in focus: Angel One
Angel One shares jump 10% after strong Q4 earnings growth
Angel One shares rise 4.4% after reporting strong Q4 earnings, with a 83.4% year-on-year profit increase.
- April 17, 2026 10:18
Avio Smart Market Stack Signs MoU with UAL Biotech to Advance Sustainable Agriculture in India
- April 17, 2026 10:18
Expert View | Avinash Shekhar, Co-Founder & CEO, Pi42
Bitcoin is hovering near the $74,000–$75,000 zone, a level that continues to act as a crucial psychological and technical barrier. Recent momentum has been supported by improving global sentiment, particularly easing geopolitical tensions, which briefly pushed prices above $75,000 before facing resistance and mild profit booking. At the same time, steady institutional participation and strong spot demand are helping the asset hold firm despite intermittent volatility. With Bitcoin consolidating near the upper end of its range, a sustained move above this zone could set the stage for the next leg higher, with broader market sentiment gradually turning constructive and long-term projections becoming more optimistic.
For investors, this phase calls for discipline and a structured approach. Instead of chasing sharp upward moves, a staggered allocation strategy can help build exposure more efficiently during consolidation phases. The focus should remain on long-term participation rather than reacting to short-term headlines that may drive temporary price swings. Investors should avoid over-allocating during sudden spikes and refrain from impulsive decisions driven by market momentum. Maintaining liquidity to capitalize on pullbacks, along with a diversified crypto portfolio, will be essential to navigate this phase as the market prepares for a more decisive directional move.
- April 17, 2026 10:17
Expert View | Market analysis | Vikram Subburaj, CEO, Giottus.com
Bitcoin traded close to $74,700-$75,000 on April 17, holding near the upper end of its recent range. The move reflects a steady but cautious market tone, where prices are supported by structural demand but capped by macro uncertainty. The broader setup still resembles consolidation rather than a decisive breakout.
From a technical standpoint, the range remains well defined. Immediate support is seen around $73,500, which aligns with recent intraday lows. Stronger support continues to hold near the $72,000-$73,000 zone, a level that has absorbed multiple pullbacks in recent sessions. On the upside, resistance is clustered near $75,200, followed by a broader supply band around $76,000-$76,100. Bitcoin is effectively compressing below resistance while maintaining higher lows.
On-chain indicators continue to reflect tight supply conditions. Exchange balances remain relatively low, while long-term holder supply stays elevated. A significant portion of Bitcoin has not moved in over a year, which suggests continued conviction among holders. At the same time, network activity points to steady usage rather than speculative overheating.
ETF flows, however, paint a mixed institutional picture. U.S. spot Bitcoin ETFs recorded a net outflow of roughly $55 million on April 16, led by weakness in some of the larger funds. Data for April 17 was still incomplete at the time of review. The broad takeaway is that institutional demand remains present. But it is not yet moving in a clean one-way trend.
Macro remains the dominant variable. The next U.S. Federal Reserve meeting on April 28-29 is the key event on the horizon. Sticky inflation concerns, elevated energy prices, and geopolitical risks have reduced confidence around early rate cuts. That has kept risk assets, including crypto, highly sensitive to incoming macro data and Fed commentary.
Among large-cap altcoins, the performance was selective rather than euphoric. Ethereum traded near $2,330, XRP around $1.43, BNB close to $631, Solana near $88, and TRON around $0.326. XRP and Solana showed better momentum, while the broader altcoin market still lacked the kind of broad-based follow-through that normally signals a full altcoin breakout.
The broader message is straightforward. Bitcoin remains stable and structurally supported, but it is still trading below a key resistance band and within a macro-sensitive environment. This continues to favour patience, staggered allocation, and disciplined risk management over aggressive chasing.
- April 17, 2026 10:16
EQUITY PREVIEW
* Axis Bank (AXSB): To consider fundraise with earnings on April 25
* Bharat Petroleum Corp (BBPCL): BPCL Unit to Invest $2.8B in Brazil’s Petrobras-Operated Block
* DCM Shriram (DCMS): Forge JV with Teknor to strengthen positioning in Advanced Polymer compounds
* HDFC Life (HDFCLIFE): 4Q Net Income +4.1% Y/y to INR4.96b, Beats Est. to Raise Funds From Parent
* Rail Vikas Nigam (RVNL): Emerges as lowest bidder for INR9.62b railway order
* TVS Motor (TVSL): Says shareholding in Drivex Mobility rises to 92.41%
* Wipro (WPRO): 4Q Net Income -2% Y/y to INR35b, Meets Est.; Approves $1.6b Share Buyback
WHAT TO WATCH:
* US, Iran Weigh Longer Truce as Pakistan Seeks Compromise
\u0009More Sanctioned Tankers Slip Into Gulf as US Warns on Seizures
\u0009Pakistan’s Army Chief Takes Spotlight in US-Iran Peace Talks
\u0009Iran’s Planned Hormuz Toll to Be Paid Via Iranian Banks: ISNA
\u0009India’s Modi Discusses Middle East, Hormuz With France’s Macron
* Why Modi Wants to Alter Make-Up of India’s Parliament: Explainer
* Billionaires Up to Bat in India’s Cricket Craze: Bloomberg Deals
* Korea’s Lee Eyes Global Hormuz Talks Before India, Vietnam Trip
* Wipro to Buy Back Up to $1.6 Billion in Shares After Stock Drops
* Sun Pharma, Grünenthal Are Said to Vie for US-Listed Organon
* UAE to Resume In-Person Schools With Some A-Level Exams Near
* German Companies Increasingly Favor Asia Over US Investments
* US Won’t Renew Iranian, Russian Oil Waivers, Bessent Says
* Indian Officials See Iran War Shock as Disruptive as Covid
* India’s Top Court Rejects Anil Ambani’s Plea on Fraud Tag
* Renault Making India Growth Push Top Priority, CEO Says
* Bonds Overprice India Inflation Risk, Top Fund Manager Says
* SEBI Signed an Accord with Financial Intelligence Unit India
* Modi Uses Women’s Quota to Redraw Electoral Map: India Edition
* Indian Shares Drop as HDFC Bank Drags; Small-Cap Stocks Advance
* Overseas Investors Buy Net INR31B of Indian Equities April 15
* Global Funds Buy Net INR10.7B of Indian Stocks on NSE April 16
* Traders Revive Short-Volatility Bets as Peace Hopes Calm Markets
* Oil Rises With Hormuz Still Shut as US, Iran Mull Longer Truce
* Stocks Edge Higher as Traders Await Truce Update: Markets Wrap
- April 17, 2026 10:16
Stocks in focus
CITI on Angle One
Buy, TP Rs 340
Strong 4Q print with 84% YoY (6% higher than Citi) growth in PAT.
On QoQ basis, calculated core PBT (excluding IPL related cost and one-off client reimbursements) was +19%-impact of strong uptick in trading volumes and marginal employee cost reversals.
Retail activity levels remain robust and on-going market volatility has further fueled overall momentum.
Overall trading orders are +31%/+13% YoY/QoQ.
Average realization per order were marginally up across most categories (F&O, cash, and commodities).
Closing MTF book is down ~8% QoQ even as average MTF book was almost similar to average for 3QFY26.
Investec on Angel One
Recommendation Buy, Target ₹340
Better broking realisation and better NII drove PAT beat
Digital business model driving operating leverage
Wealth management continues to show traction in new initiatives
Cash market share needs to be monitored
Reasonable Valuations
- April 17, 2026 10:15
Stock market
Stock in focus | Wipro
MS on Wipro
UW. TP cut to Rs 194
4QF26 organic revenue growth and 1QF27 guidance both appear below expectations.
Resilient margins and good capital allocation could keep downside protected in absolute terms, but see relative P/E multiple remaining at a discount.
Nomura on Wipro
Buy, TP Rs 250
4QFY26 was a mixed bag
1Q FY27E guidance falls short of est.
Deal wins remain steady
Aiming to keep EBIT margin in a tight band despite near-term headwinds
Large buyback announced and capital allocation now at par with larger peers
Lift FY27-28F EPS by 1-2%; high dividend yield should support stock
JPM on Wipro
Neutral, TP Rs 200
4Q print was mixed, missing on revenues & beating on margins
Management acknowledged a client-specific issue at one US BFSI client & delay in one large deal ramp-up that will be a headwind to 1Q growth.
While headline margin performance continues to be impressive despite lower margin Harman integration, it was supported by a provision writeback that may not be sustainable.
Wipro continues to target margins in the narrow band of 17-17.5% going forward.
Wipro announced a buyback of Rs150bn at Rs250/share (19% premium to CMP).
Kotak Inst Eqt on Wipro
Sell, TP Rs 190
Reported a weak quarter & offered muted guidance for 1QFY27.
Results point to many concerning factors that signal distress.
Underperformance continues across multiple segments.
Continued churn in clients points to inconsistent execution.
Share losses to peers continue.
Deal wins have not provided a meaningful uplift.
Growth gap versus peers remains elevated.
While margins have been resilient so far, margin levers are increasingly being stretched.
Wipro is increasingly tapping M&A for growth—not ideal for its turnaround journey.
Cut FY2027-28E EPS estimates by 2%.
CLSA on Wipro
Hold, TP Rs 194
Another weak quarter with more negatives than positives
Continued revenue leakage with a 4Q revenue miss, soft deal wins on a YoY basis, weaker-than-expected organic revenue growth guidance for 1QFY27, a delay in deal ramp-up with key customers, top accounts mining somewhat stalled over past two quarters, losing momentum in BFSI vertical &, more importantly, a third consecutive year (FY26) with negative organic CC revenue growth were key negatives from Wipro’s 4QFY26.
Stable Ebit margin and proactive buyback announcements were the main positives
CUT FY27 CC growth estimates but raise Ebit margin assumptions, leading to FY27/28CL EPS increases of 6% each
HSBC on Wipro
Hold, TP Rs 210
Wipro’s recovery expectations continue to fade as it reported another weak quarter and outlook
Buyback can provide near-term support to the stock, though this is not a reason to buy for long-term investors
AI overhang and Wipro’s underperformance offer limited reason to buy into undemanding valuations
Goldman Sachs on Wipro
Maintains Sell rating with a target price of ₹187
Weak 4Q performance with sharper than expected revenue decline
Guidance implies continued revenue contraction in near term
FY27 likely to be fourth consecutive year of revenue decline
Revenue and earnings estimates cut post results
Neutral read across for broader IT sector
- April 17, 2026 10:15
Market outlook | HDFC stocks
CITI on HDFC Life
Buy, TP Rs 950
FY26/4Q performance was marred by multiple hurdles, viz. regulatory changes (absence of ITC post GST rate cuts), elevated competitive pressure in the core parent bank, lower credit protect in 1HFY26 and weak equity market sentiment.
4Q VNB margin was flat QoQ at 24% (~25% excluding year-end assumption change owing to strengthening of persistency assumption); ~50 bps higher than Citi estimate.
Management outlined concerted efforts to recoup counter share at core banca, drive operating efficiencies in proprietary channels, product refinements and innovation and agile customer cohort targeting strategies to drive individual APE growth over medium-term.
JPM on HDFC Life
OW TP Rs 810
Reported a weak 4Q retail APE growth of just 0.4% YoY, dragging total APE growth to just 1.3% YoY, i.e. 9.2% below estimates.
VNB margins disappointed, declining 260bp YoY to 23.9%, resulting in a VNB decline of 8.6% YoY to Rs12.6bn, i.e.14.3% below expectations.
Steep deterioration in retail APE growth is attributed to increased competitive intensity in NPAR product segment within the HDFC Bank channel, where the company seems to have lost substantial counter share
While management is optimistic about pricing rationality returning, near-term competitive intensity is likely to hurt growth
Morgan Stanley on HDFC Life
Maintains Overweight rating with a target price of ₹745
VNB declined 8% YoY with miss vs estimates
APE growth weak at 1% impacted by banca slowdown and GST changes
Retail protection and annuity segments remain strong growth drivers
VNB margins stable supported by product mix improvement
Expect gradual recovery in FY27 with 16% VNB CAGR over FY26-28
Valuations attractive despite near term growth challenges
Morgan Stanley on HDFC AMC
Maintains Overweight rating with a revised target price of ₹2,975 (raised from ₹2,915)
Operating performance in line with expectations
SIP flows remain strong supporting AUM growth
Yield compression concerns overdone vs peers
AAAUM growth expected at 9% in FY27 and 37% in FY28
Earnings growth of 11% and 35% over FY27-28
Limited upside but relatively better valuation vs peers
HSBC on HDFC AMC
Hold, TP Rs 2600
While business performance was stable, HDFCAMC missed on core-operating profits, driven by lower-than-estimated revenues
Results were decent, but meaningful operating outperformance vs large listed peers would be a key catalyst for stock
STK appears fairly valued at c35x FY28e core-EPS
Kotak Inst Eqt on HDFC AMC
Buy, TP Rs 2950
HDFC AMC delivered 16% yoy growth in core earnings, led by 17% yoy revenue growth
Operating performance remains steady, with fund performance, yields and inflows largely stable on a sequential basis
Recent share price performance limits near-term upside, but we maintain a constructive stance, given stable operating trends, subject to supportive market sentiment.
- April 17, 2026 10:10
Stocks in focus
CLSA on Autos
Amid geopolitical overhang & recent OEM price hikes, early April demand has held up better than feared.
Retail volumes for 2Ws, 3Ws and CVs grew YoY at mid-single digits in the first half of April-26, while M&HCV goods and tractors stood out, clocking mid- to high-teens growth.
PVs remain weak link, with retail volumes down 9% YoY, led by sharper pressure on entry OEMs like MSIL.
Offsetting this, EV penetration continued to build, reaching 5.8% in PVs and 8.3% in 2Ws
Stay constructive on CVs (TMCV, AL) & maintain a positive stance on M&M and BJAUT, backed by exposure to stronger demand pockets.
MS on Auto
Conviction in Volume Up-cycle Keeps Us Positive
Autos are facing multiple headwinds from cost pressures to risk of supply-chain disruptions to tightening regulations
All that will hit Q1 gross margins – but the volume up-cycle will enable OEMs to gradually pass through cost pressures
Maintain Attractive Industry View
M&M, Maruti, TVS, and Hero remain preferred Overweight
TVS Motor – Maintain Overweight; Hike Target Price to Rs 4327 from Rs 4280
Hero Moto – Maintain Overweight; Hike Target Price to Rs 6537 from Rs 6471
Ashok Leyland – Maintain Equal-weight; Cut Target Price to Rs 180 from Rs 227
M&M – Maintain Overweight; Cut Target Price to Rs 3919 from Rs 4358
Hyundai – Maintain Overweight; Cut Target Price to Rs 2114 from Rs 2565
Eicher – Maintain Equal-weight; Hike Target Price to Rs 7763 from Rs 7578
Bajaj Auto – Maintain Underweight; Hike Target Price to Rs 8920 from Rs 8782
Maruti – Maintain Overweight; Hike Target Price to Rs 17895 from Rs 17804
Jefferies on Logistics
Middle East Impact Visible; Transshipment Saves the Day
Major Port container cargo rose 9% YoY in Mar 2026, despite weak merchandise EXIM trade growth
Believe growth is driven by higher transshipment volumes
Indian Railways container volumes declined 7% YoY
Truck freight rates are largely stable
Strong CV registrations indicate potential growth recovery in road logistics
Though potential second-order impacts from Middle East tensions are a key monitorable
Adani Ports and JSW Infra are our top picks
MS on Consumer
In a volatile geopolitical environment with visible inflationary trends, prefer discretionary & retail (D&R) stocks where growth levers are in place for F27 and are relatively insulated.
Move JUBI to EW, TP cut to Rs 486 from Rs 693 as see more risks emerging to growth in near term
Titan – OW, TP Rs 5102
Avenue Supermart – OW, TP Rs 5188
Trent – OW, TP Rs 4835
MOSL On Dixon Tech
Buy, TP Rs 14700
Considering high memory prices, several smartphone players have started increasing prices to pass on higher costs
As expected earlier, this is likely to impact overall volumes of smartphone markets, particularly low and mid-range smartphones
Despite volume impact, see positives in
1) government relaxing PN3 approval process, thereby hoping that Dixon-Vivo JV will be approved soon;
2) approval for 74:26 JV of Dixon with HKC for display modules;
3) ECMS approval for Dixon’s display modules.
In the next 2-3 quarters, Dixon will see impact of lower volumes and margins amid end of PLI benefits, after which backward integration benefits will boost margins
Macquarie on United Spirits
Target Price ₹1350
Recommendation Underperform
United Spirits growth likely behind Pernod India
Pernod India saw 11% sales growth in the Mar’26 quarter
Think United Spirits saw a marginal market share loss to Pernod in Mar26 quarter
- April 17, 2026 10:05
Forex
Rupee rises 28 paise to 92.86/$ in early trade
Rupee rises 28 paise to 92.86 against US dollar in early trade
The rupee rises 28 paise to 92.86 against the dollar, boosted by foreign investments and easing geopolitical tensions.
- April 17, 2026 10:04
Companies
NTPC Green Energy commissions 150 MW solar capacity in Rajasthan
NTPC Green Energy informed that the capacity of 150 MW Solar out of the total installed capacity of 300 MW Solar Project located in Rajasthan of Project Sixteen Renewable Power Private Limited, a step down subsidiary of our joint venture ONGC NTPC Green Private Limited, is declared on Commercial Operation w.e.f. 18.04.2026.
Shares traded flat on the NSE at Rs 109.50
- April 17, 2026 10:02
Stock market
Markets at 10 am
Sensex traded at 78,088.24, up 99.56 pts or 0.13 %
Nifty traded at 24,236.50, up 39.75 pts (0.16%)
- April 17, 2026 09:57
Ipo
Musk’s SpaceX is shaping up as biggest IPO on record
Musk’s SpaceX is shaping up as biggest IPO on record
Elon Musk’s space exploration company SpaceX has filed confidential papers ahead of a planned public company listing on the US NASDAQ stock exchange.
- April 17, 2026 09:39
Stock market
Nifty dips on profit booking; IT drags, defence and metals hold
Nifty dips on profit booking; IT drags, defence and metals hold
Nifty dips on profit booking amid IT sector pressure, while Sensex gains as defence and metals stocks perform well.
- April 17, 2026 09:34
Stock market
Stock in focus: Waaree Renewable Tech
Waaree Renewable Technologies stock traded 9% higher on the NSE at Rs 1,159.65 at 9.30 am, hitting a high of Rs 1,168.
It posted over 66 per cent rise in its consolidated net profit to ₹155.72 crore in the March quarter compared to the year-ago period.
- April 17, 2026 09:33
Stock market
Stock in focus: Swelect Energy Systems
SWELECT Energy Systems Limited has informed the Exchange about Commissioning of newly erected 110/33 KV Pooling Sub Station (PSS) of SWELECT Energy Systems Limited at Sirungattur, Tiruvanamalai District, Tamil Nadu
Shares flat on the NSE at Rs 645.10.
- April 17, 2026 09:33
Commodities
Crude oil futures fall as Trump hints at possible end to war with Iran
Crude oil futures fall as Trump hints at possible end to war with Iran
Crude oil futures traded lower on Friday morning after US President Donald Trump expressed hopes of a possible agreement to end the war with Iran.
- April 17, 2026 09:29
Companies
KPI Green Energy gets inter-state power trading licence from CERC
KPI Green Energy Receives Inter-State Power Trading Licence from CERC, Enabling Pan-India Market Participation
Shares surged 3% to Rs 452.95 on the NSE
- April 17, 2026 09:29
Companies
One 97 Communications approves ₹197 crore loan conversion into equity
One 97 Communications informed exchanges that it has now approved conversion of the said loan along with unpaid interest, amounting to approximately ₹197 crore, into 19,67,70,855 equity shares of ₹10 each, at par, of FGTPL (First Games Technology Private Limited (“FGTPL”), a step down subsidiary of the Company)
In line with the Company’s existing business model of facilitating loan distribution, the Company has approved Default Loss Guarantee of up to ₹90 crore (Indian Rupees Ninety Crores) on loans disbursed by lending partner, from time to time.
Shares flat on the NSE at Rs 1,150.85.
- April 17, 2026 09:28
Quarterly results
Kolte-Patil Developers jumps 12% after strong Q4 sales update
Kolte-Patil Developers: Q4FY26 sales of Rs. 714 crore translated to a growth of 18% QoQ and 13% YoY. The performance was driven by strong response to new launches complemented by portfolio - wide sustenance sales.
Shares rallied 12% to Rs 387.20 on the NSE
- April 17, 2026 09:26
Commodities
Crude oil futures slip on hopes of Iran peace deal
Crude oil futures traded lower on Friday morning after US President Donald Trump expressed hopes of a possible agreement to end the war with Iran. At 9.25 am on Friday, June Brent oil futures were at $98.17, down by 1.23 per cent, and May crude oil futures on WTI (West Texas Intermediate) were at $93.43, down by 1.33 per cent. April crude oil futures were trading at ₹8678 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹8856, down by 2.01 per cent, and May futures were trading at ₹8401 against the previous close of ₹8576, down by 2.04 per cent.
- April 17, 2026 09:26
Stock market
Wipro shares down 3.6% in early trade after Q4 results
- April 17, 2026 09:24
Wipro shares fall
Shares of Wipro dipped 2.9% on Friday after India’s fourth-largest IT firm’s revenue outlook for the ongoing quarter reinforced concerns around growth visibility and margin pressure.
The stock was the top loser on the IT index as well as the benchmark Nifty 50.
- April 17, 2026 09:22
NSE
Top gainers and losers of Nifty 50
Top gainers of Nifty 50: ITC (+2.01%), NTPC (+1.33%), Trent (+1.06%), Tech Mahindra (+0.73%)
Top losers:HDFC Life (-3.76%), Wipro (-2.45%), Hindalco (-0.88%)
- April 17, 2026 09:19
Stock market
Markets open flat
Benchmark indices opened flat. Sensex traded 91.06 pts or 0.12 % positive at 78,079.74 at 9.16 am after opening at 77,976.13, Nifty 50 slipped 34.55 pts or 0.14% to 24,162.20.
- April 17, 2026 09:18
Stock market
Markets at open
Sensex trades at 78,079.74, up 91.06 pts or 0.12 %
Nifty trades at 24,162.20, down 34.55 pts or -0.14%
- April 17, 2026 08:35
Forex
Rupee to rise on RBI's reported plan to alleviate oil-dollar buying pressure
The Indian rupee is set to open higher on Friday after a Reuters report that the central bank took steps to reduce the impact of dollar buying by state-run oil refiners.
The rupee will rise to 92.94-92.98 versus the U.S. dollar, traders said, having settled at 93.1950 on Thursday.
The RBI urged state-run oil refiners to curb spot dollar purchases and to tap a special credit line for their foreign exchange needs, Reuters reported late Thursday.
(Reuters)
- April 17, 2026 08:34
India bonds seen lower ahead of supply, Brent near $100 per barrel
Indian government bonds may decline in early deals on Friday, with Brent crude hovering near $100 a barrel, while traders brace for a fresh supply of debt through the weekly auction.
India’s benchmark 6.48% 2035 bond yield is expected to move in a 6.87%-6.91% range till the debt sale, a private-bank trader said. It settled at 6.8884% on Thursday. Bond yields move inversely to prices.
New Delhi will raise ₹32 crore ($3.44 billion) through the sale of 5-year and 40-year bonds later in the day, with demand likely to drive the price action.
(Reuters)
- April 17, 2026 08:29
Expert View | Pre-Market Analysis | Gaurav Udani, Founder, ThinCredBlu Securities
“Nifty is expected to open flat to slightly negative around 24,170, down nearly 20 points, indicating a muted start after facing resistance in the previous session.
The index has already tested the 24,400 resistance zone, where selling pressure emerged, suggesting that upside momentum is currently capped unless this level is decisively broken.
Technically, the structure remains range-bound in the short term. Fresh long positions should be considered only on a sustained move and close above 24,400, which would confirm strength and open up higher levels.
On the downside, 24,000–24,100 will act as immediate support, while deeper support is seen around 23,800.
The approach remains cautious — avoid aggressive buying at current levels and wait for confirmation. Until then, expect sideways to slightly volatile price action within the defined range.”
- April 17, 2026 08:15
Credit Growth to Lift India Bank Profits Despite Likely FX Losses
Strong credit growth should have kept fourth-quarter numbers healthy at Indian banks including HDFC Bank Ltd. and ICICI Bank Ltd., though earnings may have been dented by trading losses linked to the central bank’s rupee derivatives curbs.
Data from the Reserve Bank of India shows a pickup in credit growth during the January-March quarter, aided by cuts to the key lending rate and cash reserve ratio, as well as a consumption recovery aided by cuts to the good and services tax. Although this increases banks’ credit-deposit ratios, recent messaging from the central bank indicates they have room to further expand their ratios and fund lending growth, Motilal Oswal said.
Escalations in the Middle East conflict may dampen this momentum as small business loans might come under stress. “Corporate capex plans, particularly in oil-sensitive sectors, could be deferred amid rising uncertainty,” Axis Securities said.
(Bloomberg)
- April 17, 2026 07:56
Asian Stocks Set for Weekly Gains as Oil Holds Below $100
Asian stocks were poised for a second week of strong gains and oil prices were pinned below $100 a barrel with investors hopeful for a near-term resolution to the Middle East war.
Investors have been quick to take an optimistic view on any signs of denouement this month, even though the Strait of Hormuz - through which a fifth of the world’s oil and gas supply typically flows - remains closed.
A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and President Donald Trump said the next meeting between the U.S. and Iran may take place over the weekend, when their current ceasefire is due to expire.
- April 17, 2026 07:43
Lupin Settles Antitrust Case with Humana for $30 Million
Lupin: Co. enters settlement agreement paying $30 million to Humana Inc. to resolve antitrust lawsuits; LPI denies all allegations and settlement amount already provided in prior financial results
- April 17, 2026 07:38
Dollar set for second weekly loss on Iran war peace hopes
The U.S. dollar was headed for a second consecutive weekly decline on Friday in tentative trade, as a ceasefire between Israel and Lebanon and prospects for fresh Iran talks prompted investors to unwind safe-haven positions.
A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and President Donald Trump said the next meeting between the U.S. and Iran could take place over the weekend.
Meanwhile, U.S. and Iranian negotiators have scaled back ambitions for a comprehensive peace deal and are now seeking a temporary memorandum to prevent a return to conflict, with the nuclear issue remaining a core obstacle.
Currencies were mostly rangebound in Asia trade as investors awaited further details, leaving the euro steady against the dollar at $1.1783. The common currency was on track for a third straight weekly gain, while sterling traded at $1.3526.
(Reuters)
- April 17, 2026 07:37
RBI asks state oil refiners to curb spot dollar buys
The Reserve Bank of India (RBI) has urged state-run oil refiners to curb spot dollar purchases and tap a special credit line for their foreign exchange needs, three sources said, reviving measures used earlier in the Ukraine war to ease pressure on the rupee.
Read the full story here - April 17, 2026 07:27
Dalal Street set for dull start on Friday amid mixed global cues
Dalal Street set for dull start on Friday amid mixed global cues
Gift Nifty at 24,153 signals a marginal decline at open.
- April 17, 2026 07:19
Sensex, Nifty likely to open weak on Friday
Indian stock markets are expected to open on a cautious note, on Friday amid mixed global cues.
Gift Nifty at 24,153 signals a marginal decline at open.
- April 17, 2026 07:17
Asian Stocks Dip as Traders Await Ceasefire News
Asian stocks fell as investors lightened their positions ahead of the weekend while awaiting progress on extending the US-Iran ceasefire, after a rally driven by expectations the truce would be prolonged.
The MSCI Asia Pacific Index dropped 0.4%, snapping a three-day rally. The cautious end to the week followed a 10-day rally in global equities that pushed markets to a record high, as traders bet easing tensions will lower oil prices and support economic growth. Wall Street gauges also closed at an all-time high for a second consecutive day.
Global crude benchmark Brent slipped 1.3% to $98.14 a barrel after President Donald Trump expressed optimism about securing a permanent ceasefire with Iran ahead of the expiry of the current truce next week. Gold edged higher, while Treasuries were little changed
Investors are awaiting progress in talks that could reopen the Strait of Hormuz, easing crude flows and relieving pressure on economies after oil prices surged following the conflict’s onset in late February. While oil has pared its war-driven premium and stocks have climbed to record highs, economists are warning that markets may be underestimating the war’s economic toll.
(bloomberg)
- April 17, 2026 07:14
Citius TransNet InvIT raises ~Rs 497 crore from Anchor Investors
Citius TransNet Investment Trust, which is a transport sector-focused infrastructure investment trust (“Citius TransNet InvIT”), established with an objective to acquire, manage and invest in a portfolio of transport infrastructure assets, including roads, in India, has successfully raised ~ ₹ 4,972 million from anchor investors today, ahead of its initial public offering that opens for public subscription on April 17, 2026.
Citius TransNet InvIT informed the bourses that it allocated 4,97,24,850 Units at ₹ 100 per Unit to anchor investors.
Citius TransNet InvIT has received interest from a diversified group of investors such as Prazim Trading, ASKWA Income Opportunities Fund, pension & provident funds, namely, HDFC Pension, SBI Pension, ICICI Prudential Pension, DSP Pension and Larsen & Toubro Provident Fund.
There was also participation from Mutual Funds across equity, hybrid and multi-asset schemes, namely, WhiteOak, DSP, Quant and Axis mutual fund.
Insurance investors are Bajaj Life, Axis Max Life, Bharti AXA and IndusInd General. Other participant included Nuvama Wealth.
Axis Capital, Ambit Private Limited and ICICI Securities are the book running lead managers, and Shardul Amarchand Mangaldas is the legal counsel to Citius TransNet InvIT.
- April 17, 2026 07:14
Today's Stock Pick | UnoMinda
- April 17, 2026 07:13
Annual Financial highlights | SG Finserve
SG Finserve Limited (BSE: 539199), a rapidly growing non-banking financial company (NBFC), has announced its audited financial results for the quarter and year ended March 31, 2026. The company delivered a powerful performance, characterized by a near-doubling of revenue and significant expansion in profitability.
Annual Financial Highlights (FY26)
SG Finserve demonstrated exceptional growth momentum across its core lending operations:
Total Revenue from Operations: Nearly doubled to ₹33,341.28 Lakh, up from ₹16,997.14 Lakh in FY25. This was primarily driven by a sharp rise in Interest Income, which reached ₹32,014.58 Lakh.
Profit After Tax (PAT): Surged by 57.6% to ₹12,765.72 Lakh (₹127.66 Crore), compared to ₹8,099.02 Lakh in the previous fiscal year.
Fee and Commission Income: Saw a massive jump to ₹1,266.88 Lakh, highlighting the company’s success in diversifying its income streams.
Earnings Per Share (EPS): Basic EPS grew to ₹22.75, compared to ₹14.54 in FY25.
- April 17, 2026 07:12
LT Foods Appoints Ritesh Sud as CMO for India & Far East
LT Foods Ltd, a leading billion-dollar global FMCG company in the consumer food space, today announced the appointment of Mr. Ritesh Sud as Chief Marketing Officer - India & Far East, reinforcing its strategic focus on furthering strengthening the brand-led growth, deepening consumer relevance and further advancing its transformation into a future-ready, consumercentric organization.
In his new role, Mr. Sud will provide strategic leadership in reinforcing LT Foods’ market leadership, expanding its footprint in high-growth categories, and translating brand strategy into measurable business outcomes, across India and Far East. He will be working on a mandate to build strong, differentiated, and scalable brands, further strengthening of brand equity, driving premiumisation and unlocking new growth opportunities across categories and consumer segments. His role will encompass innovation-led go-to-market strategies, and enhancing marketing effectiveness across touchpoints. Working closely with the India and Far East leadership teams and cross-functional stakeholders, Mr. Sud will report to Mr. Ritesh Arora, CEO - India & Far East, LT Foods.
- April 17, 2026 07:12
Annual financial results | Alok Industries
Alok Industries Limited, a major integrated textile manufacturer backed by Reliance Industries, has announced its audited consolidated financial results for the quarter and year ended March 31, 2026. The company showed a reduction in annual losses and a sequential recovery in revenue during the final quarter of the fiscal year.
Annual Financial Performance (FY26)
The company demonstrated improved operational control, leading to a narrower net loss compared to the previous year:
Total Revenue from Operations: Stood at ₹3,714.79 crore, showing marginal growth over the ₹3,708.78 crore recorded in FY25.
- April 17, 2026 07:11
Intellect Powers OnCost’s AI-Driven Retail Transformation
Intellect Design Arena, a global leader in AI-First, enterprise-grade financial technology, today announced that OnCost, Kuwait’s leading FMCG retailer and the nation’s first wholesaler to open its doors to individual consumers, has digitally transformed its operations with eMACH.ai Retail 6DX. This advanced AI-First in-store retail platform has been deployed across OnCost’s branches, marking a strategic leap into next-generation, experience-driven in-store retail.
In a market defined by high consumer expectations and rapid digital adoption, OnCost’s shift to eMACH.ai Retail 6DX represents a conscious pivot from restrictive legacy infrastructure to a cloud-native, microservices-led architecture. By moving away from monolithic systems, OnCost has built a foundation that can respond, learn, and evolve with every customer interaction.
- April 17, 2026 07:11
HDFC Life board declares final dividend of ₹2.10 per equity share for FY26
The board of directors of HDFC Life Insurance Company Limited has recommended final dividend of ₹ 2.10 per equity share of face value of ₹10 each for the financial year 2025-26, subject to approval of the shareholders’ at the ensuing Annual General Meeting.
The record date for the purpose of ascertaining the entitlement of the shareholders’ for the final dividend shall be Friday, June 19, 2026.
- April 17, 2026 07:09
CUB announces new branch openings today
City Union Bank Limited (CUB) has announced the opening of four new branches today, reaching a significant milestone in its retail network expansion. With these strategic additions, the Bank’s total physical network has increased to 953 branches nationwide.
The new branches are located in key growth corridors, strengthening the Bank’s presence in the southern and eastern markets of India.
- April 17, 2026 07:08
Annual Financial Highlights | Waaree Renewables
Waaree Renewable Technologies Limited (WRTL), a subsidiary of the Waaree Group and a leader in the Solar EPC (Engineering, Procurement, and Construction) sector, has announced its audited consolidated financial results for the year ended March 31, 2026. The company has delivered a landmark performance, with revenue and profitability scaling to new heights amid India’s green energy transition.
Annual Financial Highlights (FY26)
The company witnessed a massive surge in project execution and operational scale over the fiscal year:
Total Revenue from Operations: Skyrocketed to ₹3,33,142.22 lakh (₹3,331.4 crore), a staggering 108% increase over the ₹1,59,774.79 lakh reported in FY25.
Net Profit (PAT): More than doubled to ₹47,863.59 lakh (₹478.6 crore), compared to ₹22,892.47 lakh in the previous fiscal year.
Operating Profit (EBITDA): Profit before tax surged to ₹63,961.02 lakh, reflecting robust margins in high-scale solar projects.
Earnings Per Share (EPS): Basic EPS for the year jumped to ₹45.91, up from ₹22.00 in FY25.
- April 17, 2026 07:06
Today’s picks: Dozen stocks including Wipro, BPCL, DCM Shriram, DCX Systems, Aditya Infotech will be in focus on Friday
Today’s picks: Dozen stocks including Wipro, BPCL, DCM Shriram, DCX Systems, Aditya Infotech will be in focus on Friday
Stocks to watch: Wipro's buyback, BPCL's investment decision, DCM Shriram's joint venture, and more on Friday's market focus.
- April 17, 2026 06:58
Crude oil falls on prospects for talks to end Iran war and revive supply
Brent crude futures declined by $1.34, or 1.35%, to $98.05 a barrel at 0021 GMT. U.S. West Texas Intermediate crude futures fell $1.65, or 1.74%, to $93.40 a barrel, trimming gains from the previous session.
Read the full story here - April 17, 2026 06:48
Gold eyes fourth weekly gain on hopes of US-Iran peace deal
Gold held largely steady on Friday and was on track for a fourth straight weekly gain, as hopes for a U.S.-Iran peace deal eased fears of higher inflation and elevated U.S. interest rates.
(Reuters)
- April 17, 2026 06:42
Closing Bell | April 16, 2026 | Sensex, Nifty pare gains to end marginally lower
Benchmark indices ended marginally lower on Thursday after a volatile session, as profit-booking at higher levels and lingering uncertainty around US–Iran talks weighed on sentiment.
Read more here - April 17, 2026 06:40
Stock in Focus: Angel One
Angel One profit up 19% QoQ to ₹320 crore and revenue rising 9% to ₹1,459 crore. EBITDA grew 13% to ₹599 crore, while margins improved to 41% from 39.7%, reflecting strong operating efficiency. The company has also approved plans to raise ₹1,500 crore via NCDs and increased borrowing limits to ₹20,000 crore, indicating growth and balance sheet expansion plans.
- April 17, 2026 06:40
Corporate Actions
Dividend
16-Apr-26
ENERGYINF: Income Distribution (InvIT)
17-Apr-26
MUTHOOTFIN: Interim Dividend
22-Apr-26
CIEINDIA: Final Dividend - Rs. - 7.00
SANOFI: Final Dividend - Rs. - 48.00
23-Apr-26
CRISIL: Interim Dividend
SCHAEFFLER: Final Dividend - Rs. - 35.00
IPO
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Buyback
Aurobindo Pharma: Ex-Date: 17-Apr-26
Bonus Issue
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Stock Split
Pashupati Cotspin: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 17-Apr-26
String Metaverse: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 24-Apr-26
Right Issue
Gujarat Cotex: Open: 10-Apr-26; Close: 08-May-26
Gravity India: Open: 27-Apr-26; Close: 25-May-26
Open Offer
ADC India Communications: Open: 02-Apr-26; Close: 17-Apr-26
Manappuram Finance: Open: 06-Apr-26; Close: 20-Apr-26
Indo Borax & Chemicals: Open: 10-Apr-26; Close: 24-Apr-26
Sammaan Capital: Open: 17-Apr-26; Close: 30-Apr-26
Consolidation of Shares
Sanmit Infra: Ex-Date: 30-Apr-26
Spin Off
Prima Plastics: Ex-Date: 17-Apr-26
- April 17, 2026 06:39
Closing Bell | Nifty | April 16, 2026
WhatsApp Image 2026-04-17 at 6.32.18 AM.jpeg
- April 17, 2026 06:38
Nifty Sectoral indices performance | April 16, 2026
WhatsApp Image 2026-04-17 at 6.32.17 AM.jpeg
- April 17, 2026 06:35
ALL-TIME HIGH BREAKOUT ALERT
Today, these 17 stocks closed above their lifetime highs, signaling strong momentum and sustained buying interest:
🔥BSE
🔥GMDC
🔥NALCO
🔥Vedanta
🔥Adani Power
🔥Gallantt Ispat
🔥Welspun Corp
🔥Precision Wires
🔥Rapicut Carbides
🔥TD Power Systems
🔥Hindalco Industries
🔥Kirloskar Oil Engines
🔥KRN Heat Exchanger
🔥Axiscades Technologies
🔥Syrma SGS Technologies
🔥Senores Pharmaceuticals
🔥Quality Power Electrical Equip.
16-04-2026
- April 17, 2026 06:35
Instl. Investors EQUITY Cash Trades PROV. - 16/04/2026 (Rs. CRS)
FIIS : BUY +382 (16,209-15,827)
DIIS : SELL -3,428 (16,538-19,966)
- April 17, 2026 06:34
WIPRO Limited Tender Buyback Announced
Buyback Price : 250 ₹
Today’s Closing Price : 210.26 ₹
Buyback Size ₹ : 15,000 Crore ₹
Buyback Size in Shares : 60,00,000 Shares
Retail Quota : 9,00,00,000 Shares
Record Date for Buyback : To be announced
- April 17, 2026 06:32
Stock market
Stock to buy today: Uno Minda (₹1,109.70)
Stock to buy today: Uno Minda (₹1,109.70)
Discover why Uno Minda at ₹1,109.70 is a potential buy with a bullish trend reversal and strategic stop-loss tips.
Published on April 17, 2026
