Markets

Foreign portfolio investors sold ₹60,847 crore worth of Indian assets in April, driving the rupee to a low of ₹85 against the dollar. Heavy FPI selling raises import costs and pressures companies with foreign-currency debt. Whether outflows persist into May will shape the rupee's next move.

Apple posted record March quarter revenue, with China sales rising 28% year on year. The result marks a strong rebound in Apple's third-largest market, where local rivals had been gaining share. Investors will watch whether the China momentum carries into the June quarter.

Apple reported record Services revenue of $30.98 billion in Q1 2026, up 16.3% year-on-year and ahead of the $30.4 billion Wall Street estimate. The result, paired with strong iPhone sales, helped Apple beat overall earnings expectations. Services now stands as a key margin driver for the company.

Adani Enterprises reported a net loss of ₹221 crore in Q4 FY2026, while Adani Ports, Bajaj Finserv, Cholamandalam, and HUL saw their shares rise on stronger results. Go Fashion and Nalco fell after weak numbers. The mixed scorecard reflects an uneven earnings season across Indian corporates.

The S&P 500 and Nasdaq closed higher Thursday, booking their biggest monthly gains in years as strong corporate earnings offset oil and geopolitical concerns. Alphabet reported a record quarter for its cloud unit, boosting tech sentiment. Industrials and technology sectors led the broad-based rally.

Meta projected full-year capital expenditures of $125 billion to $145 billion, well above analyst estimates, triggering a sharp drop in its shares. The overshoot raises concerns about compressed free cash flow and the pace of AI infrastructure spending. Investors will now watch closely for revenue growth that justifies

Meta shares fell 10.3% to $600, their biggest single-day drop in six months, despite Q1 sales of $56.3 billion beating expectations. Investors are worried that heavy AI spending will weigh on costs without delivering quick returns, compounded by concerns over declining user engagement.

Alphabet and Meta both announced rising capex plans, but markets moved them in opposite directions. Alphabet gained around 5% while Meta fell roughly 10%, suggesting investors see more near-term return risk in Meta's spending trajectory. The split sets a cautious tone ahead of other major tech earnings.

Meta shares dropped after Q1 earnings as the company raised its 2026 AI capital spending forecast to between $125 billion and $145 billion. The steep increase signals a major bet on AI infrastructure but puts near-term margin pressure in focus for investors.

Meta shares dropped nearly 10% following its earnings release, while Alphabet's Google stock surged sharply in the same reporting period. The split signals differing investor confidence in how each company is managing its ad business and AI investments.

Eli Lilly, Caterpillar, and Google all saw their stocks jump after posting strong quarterly earnings. Eli Lilly's results were driven by rising demand for its weight-loss drugs. The beats point to resilience across pharma, industrials, and digital advertising.

Meta, Amazon, Alphabet, and Samsung all topped first-quarter 2026 earnings expectations, with Samsung logging a record profit. The results point to recovering ad markets, strong cloud demand, and a rebound in memory chips. Investor focus now shifts to forward guidance on AI spending and margins.

The BSE Sensex fell 582 points and the Nifty dropped 0.74% to 23,997.55, closing below the 24,000 mark as rising crude oil prices hurt investor sentiment. Higher oil costs pressure corporate margins and could widen India's trade deficit. The Nifty's breach of 24,000 is a key level traders will monitor closely.

Brent crude surged past $126 a barrel on Thursday, its highest wartime peak in over a decade, while U.S. gasoline hit $4.30 a gallon. The spike raises inflation pressure globally and squeezes consumer budgets. Markets are watching whether producers can raise output fast enough to ease prices.

The Indian rupee fell to a record low on Thursday as crude oil prices surged back to 2022 highs. For India, a major energy importer, rising oil costs widen the trade deficit, push up inflation, and drain capital flows. The Reserve Bank of India now faces renewed pressure to defend the currency.

Sensex fell 583 points and Nifty dropped below 24,000 on Thursday, dragged down by surging oil prices and a record-low rupee. Rising oil costs and a weaker currency squeeze corporate margins and raise India's import bill. Foreign investors also face higher currency-related losses, adding to selling pressure.

The Indian rupee fell to a record intraday low of 95.34 against the U.S. dollar, trading 37 paise lower at 95.25 in afternoon interbank trade. Rising West Asia tensions pushed investors toward the dollar, weakening the rupee sharply. A sustained drop could raise import costs, particularly for crude oil.

Over a dozen Indian companies including Hindustan Unilever, Bajaj Finance, Adani Ports, and IDBI Bank report Q4 FY26 earnings on April 30. Results span FMCG, NBFCs, ports, defence, and solar energy, offering a broad read on corporate India's health. Key metrics to watch include consumer demand, credit quality, and

The BSE Sensex fell 1,000 points to an intraday low of 76,502 and the Nifty dropped over 300 points to 23,864, both losing roughly 1.3%. The selloff erased around ₹6 lakh crore in investor wealth in a single session. Both benchmarks fell simultaneously, pointing to broad-based selling pressure.

Alphabet reported a sharp rise in first-quarter profit, fueled by its AI investments across Google's products and cloud services. The strong results pushed Alphabet's stock to new highs, signaling broad investor confidence in its AI-driven growth strategy.