Indian stock markets saw a positive start to the week, with the Sensex inching up. A notable trend emerged as seven companies within the BSE 100 index reached their 52-week highs, signaling strong investor confidence and potential for further growth. Several prominent energy and infrastructure stocks, including Adani Power and Tata Power, were among those hitting new peaks.
Realty firm BPTP Ltd will invest around Rs 1,100 crore to develop a luxury housing project in Faridabad as part of its expansion plan.
Indian government bonds inched higher in a choppy session on Monday, with elevated crude oil prices and uncertainty over a truce expiring this week keeping traders cautious.
Markets ended flat, but action was stock-specific, with Trent, Adani Power, Deccan Gold Mines and IEX among the top movers, while Lenskart and Yes Bank saw pressure amid mixed sector cues.
Euro zone bond yields ticked higher on Monday, as concerns grew that the ceasefire between the United States and Iran might not hold, though borrowing costs were still meaningfully below their late-March highs hit before the ceasefire was announced.
The Indian rupee logged its steepest one-day fall in a week on Monday, with wary investors bracing for the end of the U.S.-Iran ceasefire a day later amid rising tensions in the Middle East.
Pernod Ricard SA, the maker of Absolut vodka and Chivas Regal whisky, has begun work on a potential initial public offering of its Indian business, according to people familiar with the matter.
After more than a decade criticizing the U.S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a Senate hearing on Tuesday when lawmakers will likely press the Fed chief nominee to flesh out his monetary policy and economic ideas and calls for fundamental change.
Bank of Maharashtra reported a 35% YoY rise in Q4FY26 net profit to Rs 2,014 crore, driven by strong growth in NII, advances, and overall business. Asset quality improved, with lower gross and net NPAs. For FY26, profit rose 27%, while deposits and advances grew robustly. The bank also announced a total dividend of 22% for the year.
Shares of Deccan Gold Mines Ltd surged 16% as the Jonnagiri Gold Project, India’s first private gold mining venture, nears commercial production. The development boosts earnings visibility and supports domestic supply, amid strong investor interest in the company’s expanding gold and critical minerals portfolio.
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