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Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.

Manoj Jewellers, a Rajasthan-based jewellery retailer, is set to list on the BSE SME platform on May 12 after its Rs 16.2 crore IPO. The IPO, subscribed just 1.14 times, saw limited investor enthusiasm with a GMP of Rs 0.

Srigee DLM, specializing in plastic injection molding, is set to debut on the BSE SME platform following a highly successful IPO that was oversubscribed by 400 times. The IPO, priced at ₹94-₹99, saw strong grey market premium, suggesting a positive listing. The company intends to use the IPO proceeds to establish a new manufacturing facility and acquire machinery.

Sandeep Tandon of Quant Mutual Fund sees India in a bull run. He notes a shift towards risk-on in India, contrasting with the US. Safety in Indian currency and macroeconomics drives this. FII flows are becoming constructive. Tandon favors domestic stories and generic pharma. He is bullish on infrastructure and the Adani Group.

Reliance Power reported a consolidated net profit of Rs 126 crore for Q4 FY25, a significant turnaround from the previous year s loss, driven by reduced expenses. The company s full-year profit stood at Rs 2,947.83 crore, accompanied by substantial debt servicing of Rs 5,338 crore.

Adani Power shares: Adani Power, the country’s leading private thermal power producer, announced that it has secured a contract through competitive bidding to supply 1,500 MW (net) of thermal power at a tariff of ₹5.383 per unit.

Yes Bank shares will be in focus after Japan’s SMBC agreed to acquire a 20% stake for Rs 13,483 crore, valuing the bank at Rs 67,411 crore. SBI and seven private lenders will divest part of their holdings. The move follows the 2020 RBI-led rescue, positioning SMBC to play a key role in Yes Bank’s future.

Just as the 90-day pause on Trump’s tariff plans brought some relief, fresh tensions with Pakistan have reintroduced uncertainty. History suggests such geopolitical flashpoints rarely cause lasting damage to Indian equities - be it Kargil, the Parliament attack, 26/11, or Pulwama.