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Bank branches will remain closed across most cities on April 14, 2026 on account of Ambedkar Jayanti, with the holiday observed under the RBI’s Negotiable Instruments Act calendar, while select locations will continue operations.Ambedkar Jayanti, which falls on a Tuesday this year, is a gazetted holiday marking the birth anniversary of Dr B.R. Ambedkar, the…
Saudi Arabia is set to significantly scale back its oil supplies to China next month, with traders indicating that shipments could fall to nearly half of the volumes seen in April as the Middle East tensions continue to intensify and disrupt energy flow across the country.Chinese buyers are expected to receive around 20 million barrels…
The structural case for India remains intact. Growth is steady, policy support is strong, and domestic flows provide stability. (AI image) By Motilal OswalAs we enter FY27, Indian equity markets are balancing strong domestic fundamentals against an uncertain global backdrop. While policy support, improving growth, and resilient domestic flows provide a solid foundation, geopolitical risks—particularly…
Imports from Russia averaged 1.98 million barrels per day in March, the highest level since June 2023. (AI image) India is purchasing Russian crude oil in a big way as Strait of Hormuz disruptions continue to constrain global oil supply. India imports almost 90% of its crude oil needs and the ongoing US-Iran war has…
Kotak Institutional Equities has a buy on TCS with the target price at Rs 3,100. Analysts said the company delivered an in-line quarter, aided by improved momentum in the international business and stable profitability. Bookings were strong and included three mega deals. They also said that TCS appeared to be moving out of a patch…
Top stocks to buy (AI image) Stock market recommendations: Sona BLW Precision Forgings, and Eicher Motors have been recommended as the top stocks to buy this week by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities. He also shares outlook on Nifty and Bank Nifty:Nifty ViewThe benchmark index Nifty staged a strong pullback…
Rupee began the week in red, tumbling 48 paise to 93.31 against US dollar in early trade on Monday. This comes as geopolitical tensions around the Middle East continue to intensify and oil prices once again skyrocket beyond the $100 per barrel mark.Investor mood turned cautious after the ceasefire that had supported markets last week…
BENGALURU: Even as TCS saw its headcount fall by nearly 24,000 in FY26, CHRO Sudeep Kunnumal said the entire decline cannot be attributed to last year’s restructuring. He added that the company has already made 25,000 campus offers and remains on track to hire around 40,000 freshers annually. “Last year, we onboarded 44,000 trainees. We…
Pranav Mer, Vice President, EBG, Commodity and Currency Research at JM Financial Services Ltd, said attention will be on key Chinese data covering trade, investment and growth, along with inflation figures from the Eurozone. On the domestic front, he noted that traders will track the Consumer Price Index and Wholesale Price Index readings early in…
Top stocks to buy (AI image) Stock market recommendations: Mtar Technologies, and Syrma SGS have been picked as the top stocks to buy in the holiday-shortened trading week starting from April 13, 2026, by Motilal Oswal Wealth Management Research Desk. Let’s look at the details: Stock Name CMP (Rs) Target (Rs) Upside (%) Mtar Technologies…
