Market News

The US has tightened oil rules again. India could see changes in sourcing and costs. The next phase depends on crude movement, policy response, and how different oil companies perform.

SEBI has allowed Indian companies to resize their IPOs by up to 50% without refiling, easing rules amid Middle East tensions, with approvals fast-tracked for offers opening before 30 September.

Alembic Pharma received USFDA approval for a cancer treatment medicine. The announcement has led to a more than 1.5% rise in the company’s stock price.

Markets on 16 April 2026 had a positive start. Then came the pullback. Profit booking came in, and the early strength did not hold.

ICICI Lombard General Insurance has shown a 7.3% increase in Q4 FY26 net profit to ₹547 crore. The firm proposed a final dividend of ₹7 per share, taking the total FY26 dividend to ₹13.5 per share.

Ahmedabad Municipal Corporation plans to issue India's largest municipal bond of ₹1,000 crore in FY27, surpassing Indore's ₹244 crore record. The Union budget offers a ₹100 crore incentive for such issuances.

The Indian stock market indices opened higher on Thursday after gaining over 1.6% during the previous trading session. Factors like renewed speculations of US-Iran peace talks and cooling crude prices gave way to the momentum.

RailTel shares jumped 25% in two days after it won orders worth over ₹600 crore. This includes contracts above ₹560 crore from RVNL, which improve revenue visibility.

The wholesale inflation in India increased to a 38-month high of 3.88% in March due to increased cost of crude oil, power and manufacturing costs due to the West Asia conflict. The uptick was caused by increasing costs of inputs and supply upheavals.

HDB Financial Services reported a strong Q4 in FY26. Profit rose 41% to ₹751 crore, net interest income grew 22%, and margins improved overall.

On 16 April 2026, crude oil prices slipped below $95 per barrel. Hopes of fresh US-Iran talks eased near-term supply worries. Still, the situation remains uncertain. Prices can stay volatile. Any escalation in the conflict can push oil higher again.

Suzlon Energy’s stock price has risen sharply over the past month as power demand picked up. Brokerages expect further upside on the heels of a strong execution outlook.