India's BSE MidCap and SmallCap indices continued to outperform in April, attracting investor attention, despite a simmering geopolitical crisis over the Israel-Iran conflict and soaring crude oil and commodity prices.In April so far, the BSE MidCap index rose 5.7 percent, its highest since December 2023, while the BSE SmallCap Index surged over 9.7 percent, marking its biggest jump since February...

The recent surge in bond yields in US financial markets has reverberated across the global economic landscape, raising fears and contributing to heightened volatility throughout the week. Nevertheless, easing tensions in the Middle East and a notable decline in oil prices helped the global equity markets recover.In India, the week saw strong activity within the mid-and small-cap sectors, where ove...

Kotak Institutional Equities has upgraded earnings estimates and also raised the target price for Vedanta Ltd, National Aluminum Co Ltd, and Hindalco Industries Ltd following the recent rally in metal prices globally.The brokerage raised Vedanta’s target price by 25.5 percent to Rs 320 a share. The target price for National Aluminum has been raised to Rs 130 from Rs 90 and that of Hindalco Indus...

Shares of non-bank finance lender Bajaj Finance plunged around 8 percent in early trade on April 26 after the company's Q4 earnings report showed a decline in net interest margin. The company's net interest margin eroded 21 basis points in the fourth quarter on a QoQ basis to around 10 percent.At 11.42 am, shares of Bajaj Finance were trading at Rs 6,744 on the NSE, lower by over 7 percent.Kotak I...

The market momentum has turned quite strong after three days of consolidation, and to sustain the same trend the Nifty 50 needs to hold on to the 22,300 mark, a pivotal support level. As long as the index trades above the same level, the gradual march towards 22,700, followed by 22,800, will be possible in the coming sessions of the May series, experts said.On April 25, the monthly expiry day for ...