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Jio Financial Q4 net profit falls 14% as expenses spike to Rs 692 crore

by ET Markets | April 18, 2026 8:09 am | Indian Stocks, Market, News

Jio Financial Services saw a nearly 14% drop in March quarter net profit to ₹272 crore, despite a significant rise in total income. However, its lending arm, Jio Credit, reported a three-fold profit surge to ₹70 crore, with assets under management growing 156%. Jio...

Even a Rs 15,000-crore buyback fails to cheer Wipro investors

by ET Markets | April 18, 2026 8:07 am | Indian Stocks, Market, News

Wipro’s stock fell on Friday after its March-quarter earnings missed expectations, with a ₹15,000 crore buyback failing to boost sentiment. The IT major reported a 2% decline in consolidated net profit, and brokerages expressed caution due to...

ICICI Direct view Nifty ‘maturity’ sets stage for a bull market

by ET Markets | April 18, 2026 8:06 am | Indian Stocks, Market, News

The Nifty has reached a significant point of maturity. This suggests a strong bottom is in place. Analysts believe this sets the stage for the next phase of a bull market. The Nifty target has been revised upwards. Historically, major corrections have bottomed out and...

Irdai keeps FY27 cession rate at 4%, backs GIC Re role

by ET Markets | April 18, 2026 8:05 am | Indian Stocks, Market, News

Irdai has maintained the mandatory 4% cession rate for FY27, directing general insurers to place this share with GIC Re. This decision aims to solidify GIC Re’s position in India’s reinsurance market, despite the entry of new domestic players like...

Sebi clears IPOs of Avaada, Grand Housing & 2 others

by ET Markets | April 18, 2026 8:04 am | Indian Stocks, Market, News

The Securities and Exchange Board of India has approved IPOs for four companies, including Avaada Electro, Brookfield-backed Avaada Group’s solar PV manufacturing arm. Chennai-based Grand Housing will launch an entirely offer-for-sale IPO by its promoter. Sebi...

Adani bags top spot in richest Asians’ club

by ET Markets | April 18, 2026 7:04 am | Indian Stocks, Market, News

Gautam Adani has officially claimed the title of Asia’s wealthiest individual, overtaking Mukesh Ambani with a net worth of $92.6 billion as of April 16. The surge in Adani Group stock prices has fueled this remarkable comeback after earlier hardships. Adani now...

US stocks today: S&P 500, Nasdaq end at fresh records as oil prices tumble

by ET Markets | April 18, 2026 2:04 am | Indian Stocks, Market, News

Major Wall Street indices rocketed to fresh records Friday after Iran’s announcement reopening the Strait of Hormuz sent oil prices sharply lower.

US Stocks | Kailera soars over 60% in Nasdaq debut as weight-loss drug race heats up

by ET Markets | April 18, 2026 12:05 am | Indian Stocks, Market, News

Kailera Therapeutics shares surged 62.5% in their Nasdaq debut after raising $625 million in a U.S. IPO priced at the top end of its range. Strong investor demand reflects growing excitement around weight-loss and GLP-1 drugs, a market expected to expand rapidly as...

US Stocks|Drone maker AEVEX valued at $2.6 billion as shares rise in NYSE debut

by ET Markets | April 18, 2026 12:04 am | Indian Stocks, Market, News

AEVEX made a striking entrance on the New York Stock Exchange, with its shares jumping 15% on debut. This significant increase points to a heightened investor enthusiasm for companies in the defense industry, especially given the current global unrest.

Traders place $760 million bet on falling oil ahead of Hormuz announcement

by ET Markets | April 17, 2026 11:05 pm | Indian Stocks, Market, News

Just ahead of pivotal updates concerning the Strait of Hormuz and Iran, lucrative oil trades totaling millions were executed, raising eyebrows among U.S. officials. Such timely trades have prompted a thorough investigation into several oil futures transactions made...

How 50 days of the Iran war led to the loss of $50 billion worth of oil

by ET Markets | April 17, 2026 11:04 pm | Indian Stocks, Market, News

Global oil markets have lost over 500 million barrels since the Iran conflict began, worth nearly $50 billion. Supply disruptions across the Gulf have tightened inventories and hit exports sharply. Despite partial ceasefire signals and Strait of Hormuz reopening,...

Kadimi Group expands global footprint

by ET Markets | April 17, 2026 10:06 pm | Indian Stocks, Market, News

Kadimi Tool Manufacturing Co. , a player in the fastener and cold forging industry, recently made its first global acquisition with the US-based Rol-flo Engineering Inc.

RIL to announce Q4 earnings on April 24; board to consider final dividend

by ET Markets | April 17, 2026 10:05 pm | Indian Stocks, Market, News

Reliance Industries will announce Q4FY26 earnings on April 24 as its board meets to approve results and consider final dividend for FY26 followed by an analyst meet to discuss performance and outlook

Sebi clears four IPOs including Avaada Electro and Grand Housing

by ET Markets | April 17, 2026 10:04 pm | Indian Stocks, Market, News

Securities and Exchange Board of India approved IPOs of Avaada Electro Grand Housing Sonaselection India and Vishal Nirmiti with Avaada leading as a major renewable energy listing aimed at expansion and growth

US Stocks: Russell 2000 scales intraday peak weeks after war-driven slide into correction

by ET Markets | April 17, 2026 8:06 pm | Indian Stocks, Market, News

The small-cap Russell 2000 hit its first ​intraday record high ​on Friday since the U.S.-Iran conflict erupted, ​joining other major indexes at all-time highs and suggesting the recent equities rally is broadening beyond large companies.

GIFT Nifty jumps over 300 points after oil price crash. What to expect on Monday?

by ET Markets | April 17, 2026 8:05 pm | Indian Stocks, Market, News

Indian markets are set for a strong opening as GIFT Nifty surged over 300 points tracking falling crude prices and easing tensions with support from Dow Jones Industrial Average strength and improving global risk sentiment

Oil prices crash nearly 10% after Iran says Strait of Hormuz completely open during ceasefire

by ET Markets | April 17, 2026 8:05 pm | Indian Stocks, Market, News

Oil prices plunged as Strait of Hormuz remained open during the US Iran ceasefire with Brent crude and West Texas Intermediate falling sharply amid easing tensions though volatility is expected to persist

US stocks today: Dow soars over 600 points as Iran announces opening of Strait of Hormuz

by ET Markets | April 17, 2026 8:04 pm | Indian Stocks, Market, News

Wall ​Street’s main ​indexes opened higher on ​Friday after Iranian Foreign Minister Abbas Araqchi said the ‌Strait ⁠of ⁠Hormuz was open ​following a ceasefire accord agreed in ​Lebanon.

Jio Financial Q4 Results: Cons PAT declines 14% YoY to Rs 272 crore despite 106% surge in revenue

by ET Markets | April 17, 2026 7:10 pm | Indian Stocks, Market, News

Jio Financial Q4 Results: Jio Financial Services on Friday reported a 14% year-on-year decline in its consolidated net profit for the quarter ended March 31, 2026 at Rs 272 crore compared to Rs 316 crore in the year ago period even as revenue surged 106% to Rs 1,019...

Sebi clears NSE’s investment in proposed National Coal Exchange; move to formalise coal trading

by ET Markets | April 17, 2026 7:09 pm | Indian Stocks, Market, News

Securities and Exchange Board of India approved National Stock Exchange of India investment in a coal exchange to enable transparent trading while revising intermediary norms removing automatic disqualification from complaints but tightening rules upon conviction and...
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