Markets

The Indian rupee closed slightly higher Thursday as optimism over a potential Iran peace deal pushed oil below $100 a barrel and drove global equities to record highs. Lower crude prices reduce India's import burden, directly supporting the rupee. Progress on a formal Iran agreement remains the critical near-term catal

SPX Technologies (SPXC) has been named among the best AI energy stocks to buy for 2026, linking the company to rising power infrastructure demand from AI data center expansion. The designation signals growing investor interest in energy and thermal management companies with data center exposure. No specific price targe

Allbirds announced a full business pivot to AI compute infrastructure, rebranding as NewBird AI and securing a $50 million facility to purchase GPUs. The news sent shares up nearly 600% in a single session, reflecting speculative demand for AI-linked equities regardless of operational track record.

Wipro shares traded higher ahead of a board meeting to approve Q4 standalone and consolidated earnings, alongside potential dividend and buyback decisions. The triple-catalyst event compresses typical disclosure cycles, heightening price sensitivity around the post-market announcement.

Several large- and mid-cap Indian equities including Wipro, HDB Financial, Tejas Networks, Tata Communications, and ICICI Lombard are flagged as stocks to watch in Thursday's trading session. The list spans IT, telecom infrastructure, and insurance, suggesting broad cross-sector activity rather than a single news catal

Six of India's top ten brokerages, including Upstox, Zerodha, and Motilal Oswal, reported year-on-year declines in active clients in FY26. The broad-based retreat signals reduced retail trading appetite driven by market volatility, pressuring transaction-fee revenue across both discount and full-service platforms.

GIFT Nifty is pointing to a positive start for Indian equities, with the 24,250, 24,300 band emerging as the key intraday resistance zone. A decisive break above 24,300 could drive Nifty toward 24,750, 24,800, while failure to clear resistance may renew selling pressure.

Retail investors are again piling into equities during the current bull market, repeating a long-standing pattern of buying near peaks and absorbing outsized losses in downturns. Their structural disadvantages, including limited hedging tools and momentum-driven behavior, amplify losses when cycles turn. Elevated retai

Amazon-backed nuclear startup X-energy has launched its IPO roadshow targeting up to $800 million in proceeds. The raise would be one of the largest public market bets on advanced nuclear technology, with Amazon's backing central to the investor pitch. Pricing and listing timeline have not been disclosed.

U.S. stocks climbed after a softer-than-expected PPI report and signs of progress in U.S.-Iran peace negotiations lifted investor sentiment. Easing producer prices reduce near-term rate-hike pressure, while diplomatic movement between Washington and Tehran could lower the geopolitical risk premium in energy markets.

The Canadian dollar rose to a three-week high on a broad risk-on trade that lifted commodity-linked currencies. The move signals improved short-term investor sentiment toward growth-sensitive assets. Sustained gains will depend on commodity prices, rate differentials, and continued risk appetite.

Goldman Sachs and Morgan Stanley bought Delhivery shares worth Rs 186 crore in a block deal, alongside Edelweiss MF, Nippon India MF, and Viridian Asset Management. The transaction signals institutional demand for the logistics firm's stock and absorbs potential market overhang cleanly.

Broadcom secured a custom chip deal with Meta centered on its XPU platform, analysts said, reinforcing its position in the AI accelerator market. The agreement supports revenue visibility through hyperscaler volume commitments, though analysts disagreed on how much new information the announcement contained.

U.S. stocks opened slightly higher, with the Dow up 13.2 points, the S&P 500 gaining 10.8 points, and the Nasdaq rising 49.0 points as investors monitored Middle East developments. The modest gains reflect cautious positioning rather than a decisive risk-on move.

An article headline claims an unnamed Nvidia competitor is showing breakout signals, but no supporting company name, financial data, or analytical detail is provided in the source. Without verifiable facts, the underlying thesis cannot be assessed.

Bank of America signaled its consumer business remains healthy while ASML shares fell after earnings, sending mixed signals across sectors. The divergence matters because Bank of America's consumer data is a broad proxy for U.S. household financial health, while ASML's results influence semiconductor capex expectations

India's smallcap index recovered to 16,051.40, rising 2.3% past pre-conflict levels while the Nifty and midcaps remain below late-February peaks. The divergence reflects strong domestic participation in smaller stocks, with foreign-heavy large caps lagging. Whether the rally broadens into bluechips is the key market te

Gold surged past $4,840 and silver topped $80 as a weakening dollar and easing Iran tensions drove sharp gains in precious metals. Crude oil fell sharply as supply-disruption fears eased on hopes of renewed US-Iran dialogue. The Indian rupee remained under pressure despite the broader dollar decline.

LIC's board approved a 1:1 bonus issue, sending shares up 5% to ₹841.30 and extending April gains to over 15%. The insurer will issue 632.49 crore new equity shares, doubling share count and raising paid-up capital to ₹12,649.99 crore. A record date for eligibility has yet to be announced.

India's Nifty 50 index reclaimed the 24,000 mark, a closely watched technical level following recent selling pressure. Analysts warn that FII outflows and potential earnings downgrades could cap further gains by limiting valuation expansion. Upcoming corporate earnings data will be the key test of whether the recovery