Market News

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.

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.

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.

L&T shares are up by 26% from March lows, supported by stable West Asia operations and nuclear project developments. Read more for key drivers behind the move.

Wipro reported a marginal dip in annual profit but a strong sequential recovery in Q4FY26, alongside a ₹15,000 crore buyback and a cautious flat-to-negative guidance for the next quarter.

HDFC Life reported a 4% rise in standalone PAT to ₹496 crore in Q4FY26, with net premium income up ~9% YoY. The board declared a final dividend of ₹2.10 per share.

DoT and SEBI partner to curb telecom-linked fraud through data sharing and early warning systems, building on tools that have already prevented ₹2,300 crore in losses.

India’s auto sales rose 10.4% to 2.83 crore units in FY26, with exports up 24% and all segments hitting record highs. Read more on growth drivers and risks ahead.

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

PFC shares hit a 52-week high, rising over 5% in early trade as heatwave warnings boost power demand expectations. The stock has gained 29% in April.

LIC shares rose up to 3.5% in early trade on the NSE after it approved a 1:1 bonus issue by capitalising ₹6,325 crore, boosting liquidity expectations and drawing investor interest in the stock.

ICICI Prudential Life Q4 PAT soared 58% to ₹609 crore. FY26 profit also increased 34.6% to ₹1,600 crore.