📰 Latest Economy & Stock Market News
Q1 fuel losses may eliminate entire fiscal-year earnings
Updated at : 2026-05-11 22:30:02

Despite a 50 per cent surge in input crude oil prices, petrol and diesel continue to be priced at a two-year-old rate of Rs 94.77 a litre and Rs 87.67 per litre respectively. Domestic cooking gas LPG prices were raised in March by Rs 60 per cylinder, but they are still way lower than the actual cost.

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Satin Creditcare profit jumps on lower bad loan provisions
Updated at : 2026-05-11 22:25:02

Satin Creditcare Network reported a sharp rise in fourth-quarter profit driven by business growth, lower bad loan provisions and improved asset quality. The microfinance lender also recorded strong annual earnings growth, while assets under management expanded steadily across its lending businesses.

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Early Lenskart investor Alpha Wave trims stake by 2.5% in open market
Updated at : 2026-05-11 22:20:02

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. Despite the stake sale, analysts remain optimistic on Lenskart’s long-term growth, citing strong revenue potential, operational scale and improving profitability outlook.

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Market Trading Guide: Buy Tata Consumer and Welspun Corp on Tuesday for gains up to 14%
Updated at : 2026-05-11 21:20:01

Nifty extended losses for a third straight session amid heavy selling in banking, auto and energy stocks. Analysts warned of a bearish trend after technical breakdowns below key moving averages, while recommending Tata Consumer and Welspun Corp as bullish positional trading opportunities

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Alphabet considers first yen bond sale to fund AI goals
Updated at : 2026-05-11 20:30:02

The person was not ​authorized to speak on the matter and declined to be identified. Alphabet did not immediately respond to ​a Reuters request on the offering size.

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Sebi proposes allowing depositories to use part of IPF investment income for trust expenses
Updated at : 2026-05-11 20:25:01

At present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeting expenses related to dedicated employees of the IPF Trust, administration of Investor Service Centres, and other statutory and administrative expenses such as taxes, audit fees and charity commissioner fees. However, no such provision exists for depositories.

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Zerodha's Nikhil Kamath suggests exploring gold-based stablecoins for India
Updated at : 2026-05-11 20:20:02

Zerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for India and proposed exploring a gold-linked stablecoin. He said such a model could monetise idle household gold holdings while reducing dependence on dollar-dominated digital financial systems and supporting India’s strategic interests.

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Commodity Radar: Gold choppy ahead of US inflation data. Sell on rise for these targets?
Updated at : 2026-05-11 19:20:02

Gold prices are expected to remain volatile with a mild downside bias this week as traders monitor US inflation data, Donald Trump’s China visit and US-Iran talks. Technical indicators suggest cautious sentiment, while analysts recommend a sell-on-rise strategy amid resistance near higher levels.

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Gainers & Losers: SBI, Indigo and Titan among 8 big movers on Monday ​
Updated at : 2026-05-11 18:25:01

While Nifty plunged 360.30 points or 1.49% to close at 23,815.85, the BSE Sensex settled at 76,015.28, down 1312.91 points or 1.70%.

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Quote of the day by John Neff: "Inflection points occur in the market, and around them performance can suffer, but you have to stick to your guns."
Updated at : 2026-05-11 18:20:01

John Neff’s timeless reminder urges investors to stay disciplined during market inflection points—those uneasy phases when trends shift, portfolios wobble, and emotions run high. While uncertainty can trigger panic, long-term wealth is built by holding conviction, avoiding impulsive decisions, and recognising that temporary pain often precedes lasting opportunity.

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