Latest Economy Stock Market News

📌Aspinwall and Company: Buy at ₹284.75, target ₹305, stop loss ₹275; 📌Data Patterns (India): Buy at ₹2556.9, target ₹2750, stop loss ₹2460; 📌Sarla Performance Fibers: Buy at ₹107.6, target ₹115, stop loss ₹103.5; 📌Kilitch Drugs (India): Buy at ₹400.9, target ₹430, stop loss ₹385; 📌Gillanders Arbuthnot & Co: Buy at ₹117.46, target ₹125, stop loss ₹113.

Regarding stocks to buy today, Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, recommended these three buy or sell stocks: 📌JSL: Buy at ₹567, Target ₹590, Stop Loss ₹550; 📌SONACOMS: Buy at ₹489, Target ₹510, Stop Loss ₹476; and 📌SCI: Buy at ₹184, Target ₹200, Stop Loss ₹178.

Market experts recommended these four intraday stocks for today under ₹100: 📌Network18 Media: Buy at ₹44.50 to ₹45.30, Targets ₹46.50, ₹48, ₹50, ₹52, Stop Loss ₹42.40; 📌Bank of Maharashtra: Buy at ₹51 to ₹51.50, Targets ₹52.50, ₹555, ₹57, Stop Loss ₹49.80. 📌Kamdhenu: Buy at ₹28, Target ₹29.30, Stop Loss ₹27.20. 📌NBCC: Buy at ₹97, Target ₹102, Stop Loss ₹95.

📈 Amid weak global cues, domestic benchmark indices started gap-down on 30 April, 2025. 📢 At 9:16 AM, the Sensex tanked 162.24 points or 0.20% at 80,126.24, and the Nifty plunged 54.35 points or 0.22% at 24,281.60. 📊 Bajaj Finserv (⬇️5.38%), Bajaj Finance (⬇️4.41%) and Trent (⬇️3.19%) appeared as the top losers on the Nifty 50 at the Open. Bajaj Twins, Indusind Bank, SBI are in focus today.

London metals showed limited movement as U.S.-China trade tensions eased. Copper fell 0.4% to $9,403/ton, while aluminum, zinc, and nickel saw minor shifts. U.S. economic data and Fed policy expectations loom. Trump reduced auto tariff impacts, and China exempted some U.S. products, signaling de-escalation. Shanghai copper inventories dropped 32%, supporting prices.

India is expected to take at least six months to conclude the first phase of its Bilateral Trade Agreement (BTA) with the US, missing the 90-day tariff pause set by President Donald Trump. The US has yet to finalize its wish list, particularly on agricultural tariffs, a sensitive area for India. Both nations aim to boost bilateral trade to $500 billion by 2030 under "Mission 500."

Tanla Platforms and Vesuvius India shares will trade ex-dividend today. Tanla Platforms declared an interim dividend of ₹6 per share, with April 30 as the record date. Vesuvius India announced a final dividend of ₹14.5 per share, with the record date on May 1. The broader Indian stock market is expected to open weak today amid mixed global cues.

India’s insurance companies plan to adopt bond forwards starting Friday to enhance liquidity in the $1.3 trillion government debt market. They aim to convert $41 billion worth of rate derivatives into bond forwards, offering ownership of securities and better interest rate risk management. Discussions with regulators focus on contract migration and documentation.

Persistent Systems Ltd got more revenue than Hexaware Technologies Ltd in the January-March 2025 period, making it the country’s ninth-largest information technology (IT) services company. This marks the fourth instance of a change in the pecking order of the country’s $283 billion IT industry in a year.  

Sebi warns investors that opinion trading platforms, which allow bets on event outcomes, are unregulated and lack investor protection. These platforms misuse terms like "profits" and "trading" but aren't recognized stock exchanges. Sebi directs exchanges to act against violations. Investors are cautioned about the absence of protection mechanisms.

Nasdaq-listed Freshworks raised its 2025 full-year revenue forecast to $815.3–$824.3 million, a 13–14% YoY increase, driven by enterprise adoption and AI integration. Q1 2025 revenue grew 19% to $196.3 million, with improved profitability metrics. The company also raised its non-GAAP operating income guidance and reported strong cash generation, ending with $1 billion in liquidity.

Abu Dhabi National Oil Company (ADNOC) will start supplying cheaper U.S. liquefied petroleum gas (LPG) to India from June, replacing some Middle Eastern shipments. This shift, driven by U.S.-China trade tensions, allows ADNOC to redirect its LPG to China, where premiums are higher due to tariffs on U.S. goods. The move reduces LPG costs for India, the world's second-largest importer.

Trent Ltd., part of the Tata Group, reported its slowest revenue growth since FY21 for the quarter ended March, with revenue from operations at Rs 4,217 crore, marking 28% year-on-year growth. The company expanded its store network, adding 40 Westside and 244 Zudio stores. Analysts noted slowing like-for-like growth and adjusted price targets, with brokerages maintaining 'buy' or 'hold' calls.

Bharat Petroleum Corporation reported an 8% year-on-year decline in Q4 net profit to Rs 4,392 crore, with revenue dropping 4% to Rs 1,26,916 crore. Sequentially, profit rose 15% and expenses reduced. Full-year PAT fell 50% to Rs 13,336.55 crore, with revenue marginally lower. The board recommended a Rs 5 per share dividend. BPCL shares have outperformed the sector, rising 41% over three years.

Mazagon Dock Shipbuilders' shares hit a record high, surging 15% in two days and 60% since February. Gains are driven by India-Pakistan border tensions, boosting defense stocks. Analysts predict upside to ₹3,950, with four "buy" ratings. The stock closed at ₹3,029, up 8.7% Tuesday, and is up 35% in 2025.

Indus Towers share price will remain in focus on Wednesday as the board will meet today, April 30 to consider share buyback proposal, a bonus issue through shares or debentures, or a dividend, or any other permissible mode or combination thereof. This could include its first bonus issue since listing and a potential dividend of ₹15-20 per share.

Australian consumer prices rose slightly more than expected in the first quarter, but annual core inflation still slowed to a three-year low and added to the case for another cut in interest rates next month. The Australian dollar edged up 0.3% on the beat in the headline figure, while three-year bond futures gave up earlier gains to be flat at 96.69.

📌Aspinwall and Company: Buy at ₹284.75, target ₹305, stop loss ₹275; 📌Data Patterns (India): Buy at ₹2556.9, target ₹2750, stop loss ₹2460; 📌Sarla Performance Fibers: Buy at ₹107.6, target ₹115, stop loss ₹103.5; 📌Kilitch Drugs (India): Buy at ₹400.9, target ₹430, stop loss ₹385; 📌Gillanders Arbuthnot & Co: Buy at ₹117.46, target ₹125, stop loss ₹113.

Regarding stocks to buy today, Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, recommended these three buy or sell stocks: 📌JSL: Buy at ₹567, Target ₹590, Stop Loss ₹550; 📌SONACOMS: Buy at ₹489, Target ₹510, Stop Loss ₹476; and 📌SCI: Buy at ₹184, Target ₹200, Stop Loss ₹178.

Market experts recommended these four intraday stocks for today under ₹100: 📌Network18 Media: Buy at ₹44.50 to ₹45.30, Targets ₹46.50, ₹48, ₹50, ₹52, Stop Loss ₹42.40; 📌Bank of Maharashtra: Buy at ₹51 to ₹51.50, Targets ₹52.50, ₹555, ₹57, Stop Loss ₹49.80. 📌Kamdhenu: Buy at ₹28, Target ₹29.30, Stop Loss ₹27.20. 📌NBCC: Buy at ₹97, Target ₹102, Stop Loss ₹95.

📈 Amid weak global cues, domestic benchmark indices started gap-down on 30 April, 2025. 📢 At 9:16 AM, the Sensex tanked 162.24 points or 0.20% at 80,126.24, and the Nifty plunged 54.35 points or 0.22% at 24,281.60. 📊 Bajaj Finserv (⬇️5.38%), Bajaj Finance (⬇️4.41%) and Trent (⬇️3.19%) appeared as the top losers on the Nifty 50 at the Open. Bajaj Twins, Indusind Bank, SBI are in focus today.

London metals showed limited movement as U.S.-China trade tensions eased. Copper fell 0.4% to $9,403/ton, while aluminum, zinc, and nickel saw minor shifts. U.S. economic data and Fed policy expectations loom. Trump reduced auto tariff impacts, and China exempted some U.S. products, signaling de-escalation. Shanghai copper inventories dropped 32%, supporting prices.

India is expected to take at least six months to conclude the first phase of its Bilateral Trade Agreement (BTA) with the US, missing the 90-day tariff pause set by President Donald Trump. The US has yet to finalize its wish list, particularly on agricultural tariffs, a sensitive area for India. Both nations aim to boost bilateral trade to $500 billion by 2030 under "Mission 500."

Tanla Platforms and Vesuvius India shares will trade ex-dividend today. Tanla Platforms declared an interim dividend of ₹6 per share, with April 30 as the record date. Vesuvius India announced a final dividend of ₹14.5 per share, with the record date on May 1. The broader Indian stock market is expected to open weak today amid mixed global cues.

India’s insurance companies plan to adopt bond forwards starting Friday to enhance liquidity in the $1.3 trillion government debt market. They aim to convert $41 billion worth of rate derivatives into bond forwards, offering ownership of securities and better interest rate risk management. Discussions with regulators focus on contract migration and documentation.

Persistent Systems Ltd got more revenue than Hexaware Technologies Ltd in the January-March 2025 period, making it the country’s ninth-largest information technology (IT) services company. This marks the fourth instance of a change in the pecking order of the country’s $283 billion IT industry in a year.  

Sebi warns investors that opinion trading platforms, which allow bets on event outcomes, are unregulated and lack investor protection. These platforms misuse terms like "profits" and "trading" but aren't recognized stock exchanges. Sebi directs exchanges to act against violations. Investors are cautioned about the absence of protection mechanisms.

Nasdaq-listed Freshworks raised its 2025 full-year revenue forecast to $815.3–$824.3 million, a 13–14% YoY increase, driven by enterprise adoption and AI integration. Q1 2025 revenue grew 19% to $196.3 million, with improved profitability metrics. The company also raised its non-GAAP operating income guidance and reported strong cash generation, ending with $1 billion in liquidity.

Abu Dhabi National Oil Company (ADNOC) will start supplying cheaper U.S. liquefied petroleum gas (LPG) to India from June, replacing some Middle Eastern shipments. This shift, driven by U.S.-China trade tensions, allows ADNOC to redirect its LPG to China, where premiums are higher due to tariffs on U.S. goods. The move reduces LPG costs for India, the world's second-largest importer.

Trent Ltd., part of the Tata Group, reported its slowest revenue growth since FY21 for the quarter ended March, with revenue from operations at Rs 4,217 crore, marking 28% year-on-year growth. The company expanded its store network, adding 40 Westside and 244 Zudio stores. Analysts noted slowing like-for-like growth and adjusted price targets, with brokerages maintaining 'buy' or 'hold' calls.

Bharat Petroleum Corporation reported an 8% year-on-year decline in Q4 net profit to Rs 4,392 crore, with revenue dropping 4% to Rs 1,26,916 crore. Sequentially, profit rose 15% and expenses reduced. Full-year PAT fell 50% to Rs 13,336.55 crore, with revenue marginally lower. The board recommended a Rs 5 per share dividend. BPCL shares have outperformed the sector, rising 41% over three years.

Mazagon Dock Shipbuilders' shares hit a record high, surging 15% in two days and 60% since February. Gains are driven by India-Pakistan border tensions, boosting defense stocks. Analysts predict upside to ₹3,950, with four "buy" ratings. The stock closed at ₹3,029, up 8.7% Tuesday, and is up 35% in 2025.

Indus Towers share price will remain in focus on Wednesday as the board will meet today, April 30 to consider share buyback proposal, a bonus issue through shares or debentures, or a dividend, or any other permissible mode or combination thereof. This could include its first bonus issue since listing and a potential dividend of ₹15-20 per share.

Australian consumer prices rose slightly more than expected in the first quarter, but annual core inflation still slowed to a three-year low and added to the case for another cut in interest rates next month. The Australian dollar edged up 0.3% on the beat in the headline figure, while three-year bond futures gave up earlier gains to be flat at 96.69.

Alembic Pharma's share price may rise after receiving a positive Establishment Inspection Report (EIR) from the USFDA for its Panelav-based oncology formulation facility, inspected on October 7-8, 2024. The company also commissioned a new manufacturing facility in Pithampur and will hold a board meeting on May 6, 2025, to discuss financial results and dividends.

📌GIFT Nifty (Earlier SGX Nifty) signals a muted start. 📌India VIX, which is a measure of the fear in the markets, rose 2.5% to settle at 17.37 levels. 📌FPIs turned net buyers at Rs 2,386 crore on Tuesday. 📌DIIs bought shares worth Rs 1369 crore. 📌The rupee gained 27 paise to settle at 84.96 against the US dollar on Tuesday amid a decline in crude oil prices and steady FII inflows.

Shares of Vishal Mega Mart will be in focus on Wednesday after the retail chain reported an 88% year-on-year (YoY) rise in net profit to Rs 115.1 crore for the March 2025 quarter, compared with Rs 61.2 crore in the same quarter last year. Revenue from operations rose 23.2% to Rs 2,547.9 crore in Q4 FY25, up from Rs 2,068.9 crore in Q4 FY24.

China has approved several Hollywood films for release, including Disney's live-action "Lilo & Stitch" remake, Pixar's "Elio," and Universal's "How to Train Your Dragon," despite ongoing US-China trade tensions. Major studios continue to seek distribution in China, the world's second-largest theatrical market, indicating no significant pullback in big-budget releases amid the dispute.

The Securities and Exchange Board of India (Sebi) has extended the implementation timeline for the optional T+0 settlement cycle for qualified stock brokers (QSBs) from May 1 to November 1. The T+0 system allows same-day trade settlements, initially starting with 25 shares and expanding to the top 500 scrips by December 31, 2024. Currently, there are 11 QSBs in the Indian stock market.

Southeast Asia may see its highest number of gas project final investment decisions in a decade, with up to 13 new projects potentially approved in 2025, adding over 20 billion cubic meters of annual production capacity. This surge in fossil fuel development could hinder the region's transition to cleaner energy and its goal of achieving 23% renewable energy production by year-end.

Kotak Alternate Asset Managers' three funds have lent approximately ₹2,000 crore to GVK Group's Alaknanda Hydropower Company to refinance its debt. The funds subscribed to 12% coupon bonds maturing in 2039, consolidating borrowings under a single lender group and repaying existing lenders like Axis Bank and PNB.

IndusInd Bank CEO Sumanth Kathpalia resigned, taking "moral responsibility" amid derivative accounting discrepancies, a day after Deputy CEO Arun Khurana quit. The bank has formed an executive committee, led by Soumitra Sen and Anil Rao, to manage operations temporarily. Shares have recovered over 40% from recent lows, closing 0.8% higher at ₹837.5.

Asian stocks rose after the S&P 500's sixth consecutive gain, driven by optimism about companies navigating slowing growth and trade disruptions. Australian and Japanese shares climbed, while US futures dipped slightly. Trump eased auto tariffs and criticized the Fed, while Samsung reported strong chip profits. Analysts remain cautious about market volatility.

U.S. stocks closed higher, driven by strong earnings and economic data despite trade tensions. The Dow rose 0.75%, S&P 500 0.58%, and Nasdaq 0.55%. Honeywell and Sherwin-Williams led gains. Tariffs impacted corporate forecasts, with the U.S. trade deficit hitting a record high and consumer confidence dropping. The market shows signs of stabilization.

Commvault (CVLT) exceeded Q1 CY2025 expectations with revenue of $275 million, up 23.2% year-over-year, beating estimates by 4.8%. Adjusted EPS of $1.03 surpassed forecasts by 11%. Guidance for the next quarter was strong at $268 million midpoint. Annual recurring revenue rose 20.8% to $930.1 million, and billings grew 24.7% to $304.8 million. The stock gained 5.7% post-earnings.

Jana Small Finance Bank's Q4 net profit fell 61.6% to ₹123.4 crore, with NII rising 0.9% to ₹597 crore. GNPA improved to 2.71%, and NNPA remained at 0.94%. Deposits grew 29% to ₹29,120 crore, while AUM increased 19% to ₹29,545 crore. The bank's capital adequacy reached 20.7%, with strong liquidity at 253% LCR. The CEO announced plans to apply for a universal banking license.

Bajaj Finance announced a 4:1 bonus issue and 1:2 stock split. Its Q4 net profit rose 17% to Rs 4,480 crore, exceeding estimates. Revenue was Rs 18,457 crore, with AUM growing 26% and new loans up 36%. The company declared dividends of Rs 56 per share, with payment dates in May and July, partly from selling its stake in Bajaj Housing Finance.

ArcBest (ARCB) reported Q1 2025 revenue of $967.1 million, missing estimates and marking a 6.7% year-on-year decline. Non-GAAP EPS was $0.51, in line with consensus. Adjusted EBITDA was $49.28 million with a 0.7% operating margin, down from 2.2% last year. The stock rose 2.9% post-earnings despite mixed results.

📌Aspinwall and Company: Buy at ₹284.75, target ₹305, stop loss ₹275; 📌Data Patterns (India): Buy at ₹2556.9, target ₹2750, stop loss ₹2460; 📌Sarla Performance Fibers: Buy at ₹107.6, target ₹115, stop loss ₹103.5; 📌Kilitch Drugs (India): Buy at ₹400.9, target ₹430, stop loss ₹385; 📌Gillanders Arbuthnot & Co: Buy at ₹117.46, target ₹125, stop loss ₹113.

Regarding stocks to buy today, Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, recommended these three buy or sell stocks: 📌JSL: Buy at ₹567, Target ₹590, Stop Loss ₹550; 📌SONACOMS: Buy at ₹489, Target ₹510, Stop Loss ₹476; and 📌SCI: Buy at ₹184, Target ₹200, Stop Loss ₹178.

Market experts recommended these four intraday stocks for today under ₹100: 📌Network18 Media: Buy at ₹44.50 to ₹45.30, Targets ₹46.50, ₹48, ₹50, ₹52, Stop Loss ₹42.40; 📌Bank of Maharashtra: Buy at ₹51 to ₹51.50, Targets ₹52.50, ₹555, ₹57, Stop Loss ₹49.80. 📌Kamdhenu: Buy at ₹28, Target ₹29.30, Stop Loss ₹27.20. 📌NBCC: Buy at ₹97, Target ₹102, Stop Loss ₹95.

📈 Amid weak global cues, domestic benchmark indices started gap-down on 30 April, 2025. 📢 At 9:16 AM, the Sensex tanked 162.24 points or 0.20% at 80,126.24, and the Nifty plunged 54.35 points or 0.22% at 24,281.60. 📊 Bajaj Finserv (⬇️5.38%), Bajaj Finance (⬇️4.41%) and Trent (⬇️3.19%) appeared as the top losers on the Nifty 50 at the Open. Bajaj Twins, Indusind Bank, SBI are in focus today.

London metals showed limited movement as U.S.-China trade tensions eased. Copper fell 0.4% to $9,403/ton, while aluminum, zinc, and nickel saw minor shifts. U.S. economic data and Fed policy expectations loom. Trump reduced auto tariff impacts, and China exempted some U.S. products, signaling de-escalation. Shanghai copper inventories dropped 32%, supporting prices.

India is expected to take at least six months to conclude the first phase of its Bilateral Trade Agreement (BTA) with the US, missing the 90-day tariff pause set by President Donald Trump. The US has yet to finalize its wish list, particularly on agricultural tariffs, a sensitive area for India. Both nations aim to boost bilateral trade to $500 billion by 2030 under "Mission 500."

Tanla Platforms and Vesuvius India shares will trade ex-dividend today. Tanla Platforms declared an interim dividend of ₹6 per share, with April 30 as the record date. Vesuvius India announced a final dividend of ₹14.5 per share, with the record date on May 1. The broader Indian stock market is expected to open weak today amid mixed global cues.

India’s insurance companies plan to adopt bond forwards starting Friday to enhance liquidity in the $1.3 trillion government debt market. They aim to convert $41 billion worth of rate derivatives into bond forwards, offering ownership of securities and better interest rate risk management. Discussions with regulators focus on contract migration and documentation.

Persistent Systems Ltd got more revenue than Hexaware Technologies Ltd in the January-March 2025 period, making it the country’s ninth-largest information technology (IT) services company. This marks the fourth instance of a change in the pecking order of the country’s $283 billion IT industry in a year.  

Sebi warns investors that opinion trading platforms, which allow bets on event outcomes, are unregulated and lack investor protection. These platforms misuse terms like "profits" and "trading" but aren't recognized stock exchanges. Sebi directs exchanges to act against violations. Investors are cautioned about the absence of protection mechanisms.

Nasdaq-listed Freshworks raised its 2025 full-year revenue forecast to $815.3–$824.3 million, a 13–14% YoY increase, driven by enterprise adoption and AI integration. Q1 2025 revenue grew 19% to $196.3 million, with improved profitability metrics. The company also raised its non-GAAP operating income guidance and reported strong cash generation, ending with $1 billion in liquidity.

Abu Dhabi National Oil Company (ADNOC) will start supplying cheaper U.S. liquefied petroleum gas (LPG) to India from June, replacing some Middle Eastern shipments. This shift, driven by U.S.-China trade tensions, allows ADNOC to redirect its LPG to China, where premiums are higher due to tariffs on U.S. goods. The move reduces LPG costs for India, the world's second-largest importer.

Trent Ltd., part of the Tata Group, reported its slowest revenue growth since FY21 for the quarter ended March, with revenue from operations at Rs 4,217 crore, marking 28% year-on-year growth. The company expanded its store network, adding 40 Westside and 244 Zudio stores. Analysts noted slowing like-for-like growth and adjusted price targets, with brokerages maintaining 'buy' or 'hold' calls.

Bharat Petroleum Corporation reported an 8% year-on-year decline in Q4 net profit to Rs 4,392 crore, with revenue dropping 4% to Rs 1,26,916 crore. Sequentially, profit rose 15% and expenses reduced. Full-year PAT fell 50% to Rs 13,336.55 crore, with revenue marginally lower. The board recommended a Rs 5 per share dividend. BPCL shares have outperformed the sector, rising 41% over three years.

Mazagon Dock Shipbuilders' shares hit a record high, surging 15% in two days and 60% since February. Gains are driven by India-Pakistan border tensions, boosting defense stocks. Analysts predict upside to ₹3,950, with four "buy" ratings. The stock closed at ₹3,029, up 8.7% Tuesday, and is up 35% in 2025.

Indus Towers share price will remain in focus on Wednesday as the board will meet today, April 30 to consider share buyback proposal, a bonus issue through shares or debentures, or a dividend, or any other permissible mode or combination thereof. This could include its first bonus issue since listing and a potential dividend of ₹15-20 per share.

Australian consumer prices rose slightly more than expected in the first quarter, but annual core inflation still slowed to a three-year low and added to the case for another cut in interest rates next month. The Australian dollar edged up 0.3% on the beat in the headline figure, while three-year bond futures gave up earlier gains to be flat at 96.69.

Alembic Pharma's share price may rise after receiving a positive Establishment Inspection Report (EIR) from the USFDA for its Panelav-based oncology formulation facility, inspected on October 7-8, 2024. The company also commissioned a new manufacturing facility in Pithampur and will hold a board meeting on May 6, 2025, to discuss financial results and dividends.

📌GIFT Nifty (Earlier SGX Nifty) signals a muted start. 📌India VIX, which is a measure of the fear in the markets, rose 2.5% to settle at 17.37 levels. 📌FPIs turned net buyers at Rs 2,386 crore on Tuesday. 📌DIIs bought shares worth Rs 1369 crore. 📌The rupee gained 27 paise to settle at 84.96 against the US dollar on Tuesday amid a decline in crude oil prices and steady FII inflows.

Shares of Vishal Mega Mart will be in focus on Wednesday after the retail chain reported an 88% year-on-year (YoY) rise in net profit to Rs 115.1 crore for the March 2025 quarter, compared with Rs 61.2 crore in the same quarter last year. Revenue from operations rose 23.2% to Rs 2,547.9 crore in Q4 FY25, up from Rs 2,068.9 crore in Q4 FY24.

China has approved several Hollywood films for release, including Disney's live-action "Lilo & Stitch" remake, Pixar's "Elio," and Universal's "How to Train Your Dragon," despite ongoing US-China trade tensions. Major studios continue to seek distribution in China, the world's second-largest theatrical market, indicating no significant pullback in big-budget releases amid the dispute.

The Securities and Exchange Board of India (Sebi) has extended the implementation timeline for the optional T+0 settlement cycle for qualified stock brokers (QSBs) from May 1 to November 1. The T+0 system allows same-day trade settlements, initially starting with 25 shares and expanding to the top 500 scrips by December 31, 2024. Currently, there are 11 QSBs in the Indian stock market.

Southeast Asia may see its highest number of gas project final investment decisions in a decade, with up to 13 new projects potentially approved in 2025, adding over 20 billion cubic meters of annual production capacity. This surge in fossil fuel development could hinder the region's transition to cleaner energy and its goal of achieving 23% renewable energy production by year-end.

Kotak Alternate Asset Managers' three funds have lent approximately ₹2,000 crore to GVK Group's Alaknanda Hydropower Company to refinance its debt. The funds subscribed to 12% coupon bonds maturing in 2039, consolidating borrowings under a single lender group and repaying existing lenders like Axis Bank and PNB.

IndusInd Bank CEO Sumanth Kathpalia resigned, taking "moral responsibility" amid derivative accounting discrepancies, a day after Deputy CEO Arun Khurana quit. The bank has formed an executive committee, led by Soumitra Sen and Anil Rao, to manage operations temporarily. Shares have recovered over 40% from recent lows, closing 0.8% higher at ₹837.5.

Asian stocks rose after the S&P 500's sixth consecutive gain, driven by optimism about companies navigating slowing growth and trade disruptions. Australian and Japanese shares climbed, while US futures dipped slightly. Trump eased auto tariffs and criticized the Fed, while Samsung reported strong chip profits. Analysts remain cautious about market volatility.

U.S. stocks closed higher, driven by strong earnings and economic data despite trade tensions. The Dow rose 0.75%, S&P 500 0.58%, and Nasdaq 0.55%. Honeywell and Sherwin-Williams led gains. Tariffs impacted corporate forecasts, with the U.S. trade deficit hitting a record high and consumer confidence dropping. The market shows signs of stabilization.

Commvault (CVLT) exceeded Q1 CY2025 expectations with revenue of $275 million, up 23.2% year-over-year, beating estimates by 4.8%. Adjusted EPS of $1.03 surpassed forecasts by 11%. Guidance for the next quarter was strong at $268 million midpoint. Annual recurring revenue rose 20.8% to $930.1 million, and billings grew 24.7% to $304.8 million. The stock gained 5.7% post-earnings.

Jana Small Finance Bank's Q4 net profit fell 61.6% to ₹123.4 crore, with NII rising 0.9% to ₹597 crore. GNPA improved to 2.71%, and NNPA remained at 0.94%. Deposits grew 29% to ₹29,120 crore, while AUM increased 19% to ₹29,545 crore. The bank's capital adequacy reached 20.7%, with strong liquidity at 253% LCR. The CEO announced plans to apply for a universal banking license.

Bajaj Finance announced a 4:1 bonus issue and 1:2 stock split. Its Q4 net profit rose 17% to Rs 4,480 crore, exceeding estimates. Revenue was Rs 18,457 crore, with AUM growing 26% and new loans up 36%. The company declared dividends of Rs 56 per share, with payment dates in May and July, partly from selling its stake in Bajaj Housing Finance.

ArcBest (ARCB) reported Q1 2025 revenue of $967.1 million, missing estimates and marking a 6.7% year-on-year decline. Non-GAAP EPS was $0.51, in line with consensus. Adjusted EBITDA was $49.28 million with a 0.7% operating margin, down from 2.2% last year. The stock rose 2.9% post-earnings despite mixed results.