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Warren Buffett says Berkshire will hold Japanese stakes forever
At the annual shareholder meeting, Warren Buffett reaffirmed his commitment to Berkshires $23.5 billion investment in Japans five major trading housesItochu, Marubeni, Mitsubishi, Mitsui, and Sumitomocalling them long-term holdings Berkshire plans to keep for 50 years or forever.
Buffett warns against tariffs, urges patience as Berkshire cash hits record high
Despite a 14% drop in Q1 operating profit to $9.64 billion and a 64% plunge in net income, Berkshires cash reserves climbed to a record $347.7 billion.
This festival season, lab diamonds sparkle as gold prices soar
Industry estimates suggest that LGD jewellery clocked sales of around 200 crore during the Akshaya Tritiya week alone
We zoom in on the prospects of Hindustan Aeronautics, as also the prospects of three other stocks Asian Paints, Bata India and IRB Infrastructure Developers
Berkshire endorses Japanese trading houses, could hold them 'forever'
Buffett spoke at Berkshire's annual shareholder meeting in Omaha, Nebraska, 1-1/2 months after Berkshire said it raised its stakes in Itochu, Marubeni, Mitsubishi , Mitsui and Sumitomo to as high as 9.8%.
Buffett says US shouldn't use rade as a weapon as Trump has done with tariffs
While Buffett said it is best for trade to be balanced between countries, he doesn't think Trump is going about it the right way with his widespread tariffs.
Wildfires dent Berkshire's profit; cash soars to $347.7 billion
Operating profit for the Omaha, Nebraska-based conglomerate dropped 14% to $9.64 billion, or about $6,703 per Class A share, from $11.22 billion a year earlier.
Berkshire Hathaway's operating profit falls in Q1
Warren Buffett's Berkshire Hathaway on Saturday reported a lower operating profit in the first quarter, hurt by weaker results from its insurance operations. Operating profit for the Omaha, Nebraska-based conglomerate dropped 14.1% to $9.64 billion from $11.22 billion a year earlier.
Indian Bank Q4 results: Net profit rises 32% at Rs 2956 crore
Indian Bank's Q4 net profit surged 31.6% to 2956 crore, driven by improved asset quality and higher net interest income. The board proposed a dividend of 16.25 per share. Gross NPA ratio fell to 3.09%, with a provision coverage ratio of 98.10%. Advances grew 10%, supported by retail, agriculture, and MSME sectors.
Goldsikka unveils gold-melting ATM
The machine offers an integrated Augmented Reality (AR) experience, allowing users to virtually try on jewellery before making a purchase
DMart Q4 results: Standalone PAT jumps 2% YoY, revenue surges 17%
DMart Q4 results: On a sequential basis, the PAT has fallen by 21%, which stood at Rs 784.65 crore for the December quarter of the fiscal year, while the revenue from operations is also down by 7% in the said time period. The revenue from operations stood at Rs 15,565.23 crore for the previous quarter of FY25.
FIIs reverse trend: Rs 3,243 cr bought in April, Rs 40,145 cr in last 12 days
Foreign Institutional Investors (FIIs) have shifted from being net sellers to net buyers in Indian equities, purchasing 40,145 crores in the last 12 trading days. This reversal is attributed to President Trump's tariff pause and a weakening US dollar, which boosted emerging markets like India. However, modest earnings growth of around 5% in FY25 may constrain future FII inflows.
Luxury brands want to raise prices. Its a balancing act.
Executives at Kering say they will track consumer confidence in the U.S. and globally to determine how much they can increase what they charge.
CDSL Q4 results: PAT declines 22% YoY, revenues fall by 16%
CDSL reported a 22% YoY decline in PAT to Rs 100.39 crore for Q3FY25, with revenue from operations dipping 6.7% YoY to Rs 224.45 crore. The board has recommended a final dividend of Rs 12.50 per share. While depository activity revenue saw a slight decrease, data entry and storage revenue experienced a sharp decline.
Concurrent Gainers: 4 stocks that gain for 5 days in a row
During this modest market upswing, four stocks from the BSE 500 consistently posted gains throughout the 5-day period.
OPEC+ set to make another accelerated oil output hike for June, sources say
OPEC+ countries are likely to agree on a further accelerated oil output hike for June, following a similar increase in May. This decision comes amid concerns of an economic slowdown and a trade war between the U.S. and China, which have lowered demand growth expectations and pressured oil prices.
Despite geopolitical tensions, Nifty demonstrated resilience with a 3.46% gain in April, supported by FII inflows and strong domestic fundamentals. Analyst Sudeep Shah anticipates near-term consolidation between 23,800-24,600. Bank Nifty outperformed, hitting record highs, while Reliance showed strength. Defense stocks like Paras Defense and BEL are poised for further gains amid ongoing tensions.
Despite geopolitical tensions, the markets closed the week positively, with the Nifty consolidating above its 200-DMA. Volatility increased, and the index saw a weekly gain. Caution is advised for the coming week, focusing on low-beta stocks and sectors poised for fresh moves, as the index faces key resistance levels. Relative Rotation Graphs indicate varied sector performance against the broader markets.
SBI Q4 results: Net profit slides 10% YoY to Rs 18,642.59 cr, NII surges 3%
SBI Q4 results: The bank posted an operating profit of Rs 31,286 crore in Q4FY25, marking an 8.83% increase over Rs 28,748 crore a year ago. However, the loan loss provisions surged 20.35% YoY to Rs 3,964 crore from Rs 3,294 crore in Q4FY24.
Kotak Mahindra Bank Q4 results: PAT drops 14% YoY, NII up 4%
Kotak Mahindra Bank Q4 results: Private lender Kotak Mahindra Bank on Saturday reported its March quarter results for the financial year 2025, posting a 14% YoY dip in its standalone profit after tax (PAT) at Rs 3,551.74 crore. However, the net interest income (NII) grew by 4.5% YoY to Rs 7,283.57 crore.
Indias film, TV and streaming industry clocked 1.1 trillion in FY24, says report
The Indian film, television, and online curated content industry generated Rs. 110,000 crore in FY2024, growing 18% since FY2019. This growth persists despite pandemic challenges, with increased household spending expected to drive demand for entertainment offerings.
How Warren Buffett made $13 billion while others bled
In 2025's turbulent market, Warren Buffett's Berkshire Hathaway thrived by holding substantial cash reserves. While tech giants suffered losses, Buffett's strategy of exiting the 2024 bull market and investing in safe US Treasury Bills yielded significant returns. His approach, characterized by patience and a focus on value, contrasts sharply with chasing fleeting trends.
Why you should let data and not market beliefs guide your investment decisions
Contrary to the popular Sell in May and go away adage, data suggests Indian stock markets perform better from May to October, averaging 7.6% returns compared to November-April's 4%. Analyzing a decade of trends reveals May, June, and July historically show strong probabilities of positive returns.
Crypto market regains bullish momentum amid economic shifts and institutional inflows
The crypto market is experiencing a bullish surge, with Bitcoin nearing $100,000 after surpassing Google's market cap briefly. Altcoins like Ethereum and Solana are also showing strength. This rally is fueled by a weakening US economy, increased institutional buying, and positive on-chain metrics.
RAID 2: Ajay Devgn vs the system Unpacking the money lessons hidden in the action
RAID 2 follows Ajay Devgn's Amay Patnaik as he leads income tax officers against a corrupt politician hoarding illegal wealth. The film explores themes of tax evasion and investment strategies while blending humor and drama in a quest for hidden treasures.
Rupee to trade in range of 84-85 per dollar; US-China trade tensions remain a risk: BoB
With stable domestic conditions, improved foreign inflows, and easing global uncertainties, the rupee is expected to remain supported in the near term
Where are millionaires investing? Properties above Rs 2 crore gain share in Mumbai market
According to a recent report by Nuvama Institutional Equities, the share of high-value properties rose to 25% in April 2025, up from 22% in April 2024 and 19% in March 2025, signaling a clear resurgence in the premium housing segment.
GoalFi suggests a balanced investment approach, mirroring an IPL team, with financials as the anchor due to strong credit growth. Consumer-facing sectors lead the top order, driven by demand revival, while manufacturing and capital goods offer mid-overs acceleration. Select digital and tourism themes provide tactical opportunities for match-winning returns, creating a portfolio for diverse market conditions.
Retail pain rises as smallcap stocks miss the bluechip party: Is the undercurrent turning bearish?
Call it the tale of two markets. On one side, heavyweight Reliance Industries Indias most valued stock roared 9% higher, buoyed by a Q4 earnings glow and a fresh wave of FII love.
Mint Explainer: UPI Circles vast potential beyond family and friends
This new feature allows you to authorise UPI payments for others such as your children or senior family members via your bank account. But UPI Circle has a bigger agenda that just that.
Trading Day: Resilience trumps uncertainty
Despite a surprising U.S. economic contraction in the first quarter, global markets showed resilience, with stocks rising and volatility easing. Positive Eurozone GDP and a strong U.S. jobs report boosted sentiment, overshadowing corporate concerns about tariffs. The Bank of Japan's lowered outlook had limited impact.
5 world market themes for the week ahead
Global markets brace for a busy week. The Federal Reserve leads central bank meetings amid economic concerns. China's trade data will reveal tariff impacts. Elections in Australia, Singapore, and Romania could shift political landscapes. UK shows positive trends despite global trade tensions. Brazil considers rate hikes while Poland eyes cuts. All eyes are on economic indicators and political decisions.
Wall Street Week Ahead-Fed outlook in focus as US stocks rally picks up steam
The Federal Reserve meeting will assess the recent stock market recovery. Investors hope for interest rate cuts. Stocks recovered after President Trump's tariffs caused a slump. The Fed is expected to hold rates steady. Market anticipates potential rate cuts. Trump's tariffs and White House pressure influence the Fed's decisions. Corporate earnings have exceeded expectations.
Wall Street buoyed by strong economic data, possible US-China trade talks
The U.S. economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2%. The data helped to assuage concerns of a economic slowdown following a Commerce Department report, showing a contraction in U.S. gross domestic product for the first time in three years, weighed down by a tariff-induced flood of imports.
Adani Ports shares jump on Q4 results
Adani Ports and Special Economic Zone surged 4.4% on Friday, becoming the top Nifty gainer, fueled by robust Q4 results that surpassed expectations. This rally erased all of 2025's losses, pushing the stock into positive territory for the year, closing at 1,269.7, up 4.2% year-to-date. Analysts maintain a bullish outlook, anticipating further rebound after recent market corrections.
Market gains fizzle out as conflict concerns linger
The BSE Sensex rose 0.3%, or 260 points, to end at 80,502. The NSE Nifty50 edged up 0.05%, or 13 points, to close at 24,347. Both indices gained 1.5% this week-marking the third straight weekly gain for Indian equities-the longest such streak since December 2024.
RBI imposes penalties on five major banks for compliance failures
ICICI Bank was fined for non compliance on cyber security framework in banks, know your customer (KYC) regulations, and credit card and debit card - issuance and conduct.
IndusInd Bank brings Cyril Mangaldas for legal heft
This team would review and scrutinise external communications, including notices and reports from regulators, stock exchanges, and other stakeholders. It is also advising the bank on potential legal implications stemming from the audit reports submitted, sources said.
Rupee hits a 6-month high at 83.78/$, erases 2025 losses
The rupee strengthened Friday to a peak of 83.78 per dollar, before closing weaker at 84.58, likely due to dollar purchases by the Reserve Bank of India (RBI). The rupee had closed at 84.48/$1on the previous day.
In absence of legal certainty, foreign investors may shun stressed assets
The judgment has raised concerns over the sanctity and finality of the Insolvency and Bankruptcy Code (IBC), and that global financial investors may stay out of the distressed asset market due to the lack of legal certainty.
Bank holiday today: Are banks open or closed on Saturday, May 3? Check here
Bank holiday today: Banks will be open on May 3, 2025, the first Saturday of the month. As per the RBI calendar, banks are typically closed on the second and fourth Saturdays of the month.
Is quick commerce eating into the food delivery market?
Eternals management attributed the slowdown in food delivery during the quarter to a temporary shortage of delivery partners stemming from the expanding quick commerce sector.
Tech Mahindra to acquire 100% stake in Mahindra Racing UK for GBP 1.2 million
Tech Mahindra's subsidiary, Tech Mahindra London Ltd, will acquire Mahindra Racing UK Ltd. The deal involves a cash consideration of GBP 1.2 million. This acquisition allows Tech Mahindra to diversify into sporting events and data-driven engineering. Mahindra Racing UK participates in the Formula Electric World Championship. The company reported a revenue of Rs 357.56 crore for the last financial year.
Sebi proposes ease of doing business measures for REITs, InvITs
Sebi has proposed aligning valuation report timelines with financial results for REITs and InvITs to promote ease of business. Annual reports should be submitted within 60 days of the financial year-end, while half-yearly or quarterly reports should be submitted within 45 days. The regulator also seeks feedback on aligning trading lots and updating investor charters for REITs and InvITs.
India's commercial coal production rises nearly 29% in April
A key contributor to the growth was the commencement of operations in two newly developed coal blocks during the month, the coal ministry said.
Sebi mulls rationalising placement document for QIP
Sebi has proposed rationalizing the QIP placement document by focusing on relevant information for sophisticated investors. The regulator aims to reduce duplication and time-consuming disclosures, suggesting summarized financials, brief industry descriptions, and tabular legal proceedings. Materiality thresholds are proposed for litigation disclosure, while some sections remain unchanged. Public comments are invited by May 23.
ET Market Watch: Sensex & Nifty end in green on global boost; top highlights
SEBI begins industry-wide consultations to rationalise regulations
From brokers to FPIs, intermediaries weigh in on regulatory and compliance pain points
RBI panel suggests longer call money hours, extended repo timings
An RBI working group has proposed extending call money market hours to 7 PM and repo/TREPS trading to 4 PM, aiding banks in managing 24x7 liquidity demands efficiently.
Tata Motors approves Rs 500 crore NCD issuance, sets coupon at 7.08% per annum
Tata Motors will issue 500 crore worth of Non-Convertible Debentures in two tranches at a 7.08% coupon, maturing in 2028, with CRISIL AA+/Stable rating. The NCDs will be listed on NSE's debt segment.
Apple shares fall 5% as buyback cuts, tariff fears fan investor jitters
Apple shares fell 5% on Friday after the company trimmed its stock buyback program and CEO Tim Cook flagged a $900 million tariff-related hit to costs this quarter amid a raging Sino-U.S. trade war.
NITCO secures 111 crore deal from Prestige Group; shares rise 0.47%
The orders will support Prestige Groups ongoing real estate projects across six major Indian cities including Bengaluru, Hyderabad, Chennai, Mumbai, Pune, and NCR
Sebi eases norms for stock brokers to operate from GIFT city, abolishes separate NOC requirement
Markets regulator Sebi on Friday allowed stock brokers to operate in the International Financial Services Centre (IFSC) at GIFT City, without taking its prior approval.
RBI portfolio rejig: Poonam Gupta becomes new Deputy Governor, to oversee MPC; T Rabi Sankar gets 12 depts
Two Sharp with ET | DIIs beat FPIs for first time in 22 years | Apple pivots to India, exits China
The Phoenix Mills Q4 Results: Profit drops 18% to Rs 269 crore
The Phoenix Mills Ltd, which is mainly into development of retail real estate, posted an 18 per cent decline in consolidate net profit to Rs 268.82 crore during the March quarter on lower income. It had posted a net profit of Rs 326.73 crore in the year-ago period.
How to prevent Gensol-like saga happening again
NSEs recent measures are steps in the right direction
Indus Towers drops 7% as dividend uncertainty, growth concerns weigh
Indus Towers share price: Indus Towers shares sank 7.07% to 379.20 after analysts flagged uncertainty around dividend payouts and slashed growth estimates, citing reduced tower additions by Bharti Airtel. Brokerages like BofA and Citi now expect muted revenue growth and delayed shareholder returns.
LatentView Analytics crosses $100 million revenue milestone, posts 32.3% annual growth
The shares of LatentView Analytics Limited were trading at 409.20 up by 15.95 or 4.06 per cent on the NSE today at 2.52 pm
These 8 stocks hit 52-week high and rally up to 24% in a month
The Sensex rose 260 points to close at 80,502 on Friday, as eight BSE 500 stocksincluding Godfrey Phillips, Bharti Hexacom and ICICI Bankhit 52-week highs, signaling strong investor momentum and bullish sentiment across select sectors.
Maharashtra CM launches Nifty Waves Index for Media and Entertainment sector
The new index will track 43 listed companies in Indias media, entertainment, and gaming industries
Top gainers & losers today, 2 May: Adani Ports, Bajaj Finance, SBI rise; Nestl India, NTPC fall
The BSE Sensex advanced 259.75 points or 0.32% to close at 80,501.99, while the NSE Nifty edged up 12.50 points or 0.05% to settle at 24,346.70
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 12.5 points up at 24346.7
Sensex rises! These stocks rallied over 15% on BSE in today's trade
In the Nifty50 index, 17 stocks closed in the green, while 33 stocks ended in the red.
Market closes mixed as Adani Ports surges 4.37%, JSW Steel tumbles nearly 6%
Sensex gains, Nifty flat amid profit-booking
IOB Q4 profit jumps 30% to Rs 1,051 crore on lower employee cost
Indian Overseas Bank reported a 30% YoY rise in Q4 profit to 1,051 crore, aided by lower employee costs, improved margins, better asset quality, and strong loan growth, especially in retail and agriculture segments.
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 259.75 points at 80501.99
Stock market update: FMCG stocks down as market rises
The 30-share BSE Sensex closed up 259.75 points at 80501.99
Stock market update: Nifty Realty index falls 0.49%
The Nifty Realty index closed 0.49 per cent down at 881.55.
M&M Financial board reaffirms Rs 3,000 crore rights issue plan. No fresh equity offer proposed
The board of Mahindra & Mahindra Financial Services on Friday approved a Rs 3,000 crore fundraising plan by ways of rights issue to the to the eligible equity shareholders of the company.
Stock market update: Power stocks down as market rises
The 30-share BSE Sensex closed up 259.75 points at 80501.99
Rupee pares initial gains, settles 1 paisa higher at 84.53 against US dollar
At the interbank foreign exchange, the domestic unit opened at 83.98 and moved between the intra-day high of 83.76 and the low of 84.55 against the greenback
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 12.5 points up at 24346.7
NSE launches Nifty Waves Index at WAVES 2025 to track India's creative economy
The National Stock Exchange (NSE) has introduced the Nifty Waves Index, designed to monitor the performance of India's media, entertainment, and gaming sectors. Launched at the WAVES 2025 summit in Mumbai, the index comprises 43 listed companies and aims to provide a transparent benchmark for investors.
Stock market update: Nifty Pharma index falls 0.67%
The Nifty Pharma index closed 0.67 per cent down at 21627.45.
SBI, LIC among 10 large-cap stocks that are below industry PE levels can rally up to 32%
Stocks like TCS, Infosys, SBI, LIC, ITC, Axis Bank, and L&T, trading below industry averages, are expected to deliver gains of up to 32%, according to Trendlyne.
Sensex rises! But these stocks fell 5% or more in Friday's session
In the Nifty pack, 17 stocks closed in the green, while 33 stocks ended in the red.
Newgen Software Q4 Results: Profit up 2.8% to Rs 108.3 crore
IT company Newgen Software has reported a 2.8 per cent growth in consolidated net profit to Rs 108.3 crore in the quarter ended March 31, 2025 on higher revenues. It had logged a profit of Rs 105.26 crore in the corresponding quarter of the previous fiscal, according to a regulatory filing.
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Force Motors, Reliance Naval & Engg, Privi Speciality Chemicals, Godfrey Philips and Cura Tech, hit their fresh 52-week highs during the day.
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
JSW Steel, Bajaj Auto Ltd., Eicher Motors Ltd., Hero MotoCorp and HDFC Life Insurance Company Ltd. were among the top losers on NSE in today's trade.
Gainers & Losers: Swiggy, PNB Housing among 7 stocks in action today
Indian indices ended higher for the third week, driven by US trade hopes and FPI inflows. RailTel, Adani Ports, and Godrej Properties gained, while JSW Steel and Swiggy fell.
Stock market update: Mining stocks down as market rises
The 30-share BSE Sensex closed up 259.75 points at 80501.99
Stock market update: Nifty IT index advances 0.27%
The Nifty IT index closed 0.27 per cent up at 35891.85.
Stock market update: Nifty Auto index falls 0.1%
The Nifty Auto index closed 0.1 per cent down at 22286.5.
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Indian benchmark indices closed higher, marking their third consecutive weekly gain, fueled by optimism surrounding a potential India-US trade deal and consistent foreign inflows. Reliance Industries' strong performance and positive earnings further boosted investor sentiment. However, JSW Steel plunged following a Supreme Court ruling, while global markets rallied on hopes of US-China trade talks.
Marico Q4 results: Cons PAT jumps 8% YoY to Rs 343 crore, revenue up 20%
Marico reported an 8% YoY increase in Q4 consolidated net profit, reaching Rs 343 crore, with revenue up 20% to Rs 2,730 crore. The company announced a final dividend of Rs 7 per share, bringing the total dividend for FY25 to Rs 10.50. While EBITDA rose, margins contracted due to higher input costs, offset by strategic A&P investments.
Oyo shelves IPO attempt for third time over SoftBank concerns: Report
SoftBank has reportedly opposed the proposed timing of Oyos IPO, urging the company to postpone the listing until its financial performance improves, according to people familiar with the matter who requested anonymity due to the sensitive nature of the information.
