Market News

Indian state-run oil companies have moved to cut the prices paid to refineries for petrol, diesel and other fuels. The step aims to ease the financial pressure created by unchanged retail fuel prices. Read on to know more.

Avenue Supermarts shares rose after the company reported 19% growth in Q4 revenue, beating estimates. It also added a record number of stores, taking its total store count to 500.

Wipro shares rose up to 3% after the company announced an 8-year deal with Olam Group valued at over $1 billion. As part of the deal, Wipro will acquire Mindsprint, strengthening its capabilities in agriculture and supply chain technology.

Trent shares rose over 4% in early trade after strong Q4 revenue growth and rapid store expansion. The company added many new stores, showing steady demand, even as the stock has declined in recent months.

NMDC has raised prices of iron ore starting 5 April, with lump stands at ₹5,300 and fines at ₹4,500 per tonne. The revision is accompanied by the record production and high demand of the steel industry.

Markets finished in the positive territory on 06 April 2026 after a weak start. There was buying across sectors. However, it was a bit of a choppy session with high oil prices and global uncertainties.

Reliance shares fell over 3% to ₹1,306 on 6 April 2026, wiping ₹80,000 crore in value as the market cap dropped below ₹18 lakh crore to ₹17.65 lakh crore.

Aurobindo Pharma announces ₹800 crore buyback at ₹1,475 per share, with 17 April 2026 set as the record date.

Gold and silver prices fell on MCX by 1% and more in early trade as a stronger dollar, high oil prices, and strong US jobs data reduced hopes of a rate cut, leading to profit booking.

Shares of Bajaj Housing Finance saw a recovery after strong Q4 numbers, with disbursements and AUM rising over 20%, even as the stock had been under pressure.

Pre-market 6 April 2026: Sensex at 73,319.55 and Nifty at 22,713.10; markets likely to remain volatile near the 22,700 zone amid rising oil prices and global uncertainty.

Coal India intends to auction 25.62 million tonnes of coal in April in order to overcome supply crises in the situation in West Asia. The relocation is meant to stabilise the energy supply and industrial needs.