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coal-india

Nifty Drops to 24,160; HDFC Bank Falls 2%

The Nifty 50 dropped to 24,160 as HDFC Bank fell 2.14% to ₹779 and Coal India added to losses. Oil holding above $101 a barrel is compounding pressure on Indian markets by raising import costs and inflation concerns.

Cabinet Set to Clear Rs 37,500 Cr Coal Gasification Scheme

India's Union Cabinet is set to approve a Rs 37,500 crore incentive scheme for coal gasification projects, targeting reduced imports of LNG and urea. The plan uses domestic coal to produce syngas, which can replace imported natural gas in fertiliser and chemical production.

UltraTech, Coal India Lead Q4 Results Day

UltraTech Cement, Coal India, AU Small Finance Bank, ATGL, and Nippon Life AMC are among the companies reporting Q4 FY26 results on April 27. Reliance Industries, IndusInd Bank, and Hindustan Zinc are also in focus as earnings season picks up pace.

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