Market News

Info Edge reports ₹1,057 crore Q4 billings, up 7.45% but below estimates. Stock falls as hiring and 99acres growth slow. Read more to understand what’s next for FY27.

Bosch shares gained after the company approved a ₹9,068 crore acquisition of Bosch Chassis Systems India. The deal is aimed at strengthening its capabilities in integrated vehicle systems and safety technologies.

Oil prices jumped after Iran closed the Strait of Hormuz, blaming the US and Israel for ceasefire violations. Brent crude rose to $97.02 per barrel, and prices can remain volatile and elevated through 2026.

GQG Partners sold 1.3 crore shares in ITC Hotels via a ₹197 crore block deal. The deal resulted in a share dilution, and the shares closed at a premium.

Iran is allegedly intending to impose charges on oil that passes the Strait of Hormuz and increase measures of control. The action is taken against the background of continuous ceasefire tensions and may affect the global oil flows in trade.

Indian markets rallied on the ceasefire and falling crude prices, but experts warn of overbought conditions. Key stocks in focus include TCS, NHPC, NTPC, KEC International, Redtape and Lupin.

On 8 April 2026, the Sensex surged 2,946 points and the Nifty increased 874 points to 23,997. Meanwhile, worldwide markets surged, and the GIFT Nifty near 24,012 indicates a cautious start on 9 April due to the continued tensions in West Asia.

In the largest cross-border financial deal in India, Japan's MUFG has acquired a 20% stake in Shriram Finance for an amount of ₹39,618 crore through preferential allotment.

Manappuram Finance reported an insider trading code violation after a director’s PMS executed an unauthorised trade. But the stock price still increased by more than 5%.

HPCL received government approval for an investment of ₹79,459 crore to develop a refinery in Rajasthan capable of producing 30 different polymers.

Amid renewed Middle East tensions, both Sensex and Nifty 50 opened lower on Thursday, 9 April 2026. However, indices like Nifty Metal and Nifty Auto were in the green.

KEC International has secured new orders worth ₹2,518 crore across civil, transmission, transportation, and cable segments. The winning deals indicate good order momentum and diversification of the portfolio.