Major US stock indices, including the S&P 500 and Nasdaq, closed at record highs Friday, fueled by optimism over Iran’s decision to open the Strait of Hormuz and potential peace talks with the US. This development eased inflation concerns as oil prices plummeted, boosting consumer discretionary and industrial sectors while energy stocks slid.
Social media outlets told to take down fake NSE accounts
The Bombay High Court has ordered social media platforms and domain registrars to remove fake accounts and websites impersonating the National Stock Exchange (NSE). The court granted interim relief to NSE, directing platforms like X and Google-owned YouTube to take down infringing content. This action aims to protect unsuspecting investors from fraudulent stock market guidance.
Bullish momentum continues, but analysts warn of near-term resistance
Indian stock markets rallied for a second week, driven by hopes of peace in West Asia and a strengthening rupee. Easing geopolitical tensions and falling oil prices boosted investor confidence, leading to gains across major indices. While the market shows positive momentum, analysts caution about potential resistance and short-term pullbacks.
Citius Transnet InvIT IPO opens today. Check price band, subscription and other details
Citius Transnet InvIT IPO is now open. The company aims to raise Rs 1,105 crore. Investors are showing interest in infrastructure assets that generate income. The IPO offers units at a price band of Rs 99-100. Proceeds will fund asset acquisitions. The trust operates road infrastructure across nine states. This offering targets yield-focused investors.
Oil Price Today (April 17): Crude oil prices fall on Israel-Lebanon ceasefire, Iran war peace talks. Is the worst over?
Oil prices dipped as Middle East tensions eased with a Lebanon-Israel ceasefire and potential US-Iran talks. President Trump indicated a deal with Iran was close, following a 10-day truce that removes a key obstacle to negotiations. Experts anticipate continued volatility but expect prices to remain supported.
Positive Breakout: These 12 stocks rose above their 200 DMAs
Twelve stocks signaled bullish momentum by moving above their 200-day moving averages, indicating strengthening trends and potential upside continuation.
AMC seeks to go first with Rs 1,000-cr bond issue
An AMC plans to be the first mover with a ₹1,000 crore bond issue, seeking to leverage strong liquidity conditions and early investor interest in the debt market.
Come wedding season and jewellery stocks do the Jig
Jewellery company shares have seen significant gains. Strong demand from weddings and festivals is driving sales. Consumers are spending despite high gold prices. Same-store sales are showing sharp improvements. Companies are expanding their store networks. International operations are also performing well. This positive trend is expected to continue.
Sensex Today | Nifty 50 | Stock Market Live Updates: Gift Nifty jumps nearly 100 pts; oil eases, Asian stocks rally
Oil Price Today (April 15): Crude oil below $95, falls for second consecutive day. What’s behind the decline?
Oil prices fell for a second day on hopes that renewed U.S.-Iran talks could ease Middle East supply disruptions after the Strait of Hormuz closure. Optimism grew after Donald Trump signaled negotiations may resume soon, raising expectations of a resolution that could restore crude flows.
