Brent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global oil chokepoint. Naval tensions and tanker blockades have restricted nearly one-fifth of global oil flows, intensifying supply fears and pushing shipping costs higher. Ceasefire talks remain fragile, while OPEC fragmentation and the UAE’s exit add further uncertainty. Major importers like India and China are diversifying supply, but sustained high prices are fueling global inflation risks, recession concerns, and economic instability. Outlook remains highly volatile, with prices potentially staying elevated without a lasting geopolitical resolution.
Foreign institutional investors (FIIs) remained net sellers for the tenth straight month in April, offloading around Rs 70,100 crore worth of Indian equities. So far in calendar 2026, overseas investors have pulled nearly Rs 2.4 lakh crore from local equities, pressured by a weaker rupee, rising US yields and crude oil hovering above $110 a barrel amid the Iran conflict.
IDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of uncertainty to the timing and pricing of the divestment.
Crude oil futures fell sharply on Friday from 4-year highs after Iran signalled a proposal to resume negotiations with the U.S., though prices remained on track for weekly gains as Tehran continued to block the Strait of Hormuz and the U.S. Navy maintained restrictions on Iranian crude exports.
Indian markets remain volatile amid oil prices and geopolitics, while multiple companies announce dividend record dates between May 4-8; only shareholders holding stocks before deadlines qualify for payouts and eligibility.
Ten penny stocks surged up to 490% in six months, led by micro-cap momentum plays. Despite high returns, investors face risks like volatility, low liquidity, requiring careful research and disciplined risk management.
Among the biggest gainers was Indo Tech Transformers, which surged nearly 145% in April, topping the list of monthly performers. The company, which manufactures power and distribution transformers, has benefited from strong investor interest in India’s power transmission and capex cycle.
Berkshire Hathaway reported stronger Q1 operating profit despite economic headwinds impacting consumer businesses. Led by Warren Buffett and CEO Greg Abel, the firm amassed nearly $400 billion in cash, struggled to find large deals, remained a net stock seller, and saw mixed performance across insurance, rail, and retail segments.
DMart Q4 Results: Avenue Supermarts, the operator of DMart, on Saturday reported a net profit of Rs 656.6 crore for the March quarter of FY26, marking a jump of 19% from Rs 550.90 crore posted in the corresponding quarter of the previous financial year. The net profit is attributable to the equity holders of the company.
CDSL Q4 Results: Central Depository Services Limited reported a mixed Q4 FY26 performance, with revenue growing 17.1% to Rs 262.85 crore, but net profit declining 20% to Rs 80.22 crore. The company surpassed 18 crore demat accounts, highlighting growing investor trust despite profitability pressures. Full-year net profit for FY26 also saw a 14% decrease.
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