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Gold loan stocks rally after import duty hike on gold, silver

Mumbai, May 13 -- Manappuram Finance surged 6.16%, while Muthoot Finance gained 4.96%. Shares of IIFL Finance climbed 4.31%. The government has increased import duty on gold and silver to 15% from 6%... Read More


GSK Pharma Q4 PAT rises 6% YoY to Rs 275 cr

Mumbai, May 13 -- Profit before tax was at Rs 369.12 crore in the March 2026 quarter, up 4% from Rs 354.9 crore recorded in corresponding quarter last year. Total expenses marginally rose 0.78% to Rs... Read More


Government raises Rs 24,000 crore through Treasury Bill auction

Mumbai, May 13 -- The government raised Rs 24,000 crore through the auction of Treasury Bills (T-Bills) on Wednesday, with strong investor demand seen particularly in the 91-day and 182-day papers. T... Read More


Commodities Buzz: Global oil supply declined by further 1.8 mb/d in April to 95.1 mb/d, says IEA

Mumbai, May 13 -- International Energy Association or IEA has stated in a latest monthly update that world oil demand is forecast to contract by 420 thousand barrels per day or kb/d y-o-y in 2026, to ... Read More


JSL Inds ends higher after reporting turnaround Q4 performance

Mumbai, May 13 -- Revenue from operations jumped 28% YoY to Rs 17.28 crore in Q4 FY26. The company reported pre-tax profit of Rs 1.19 crore in Q4 March 2026 compared wih pre-tax loss of Rs 0.18 crore... Read More


Quick Wrap: Nifty Metal Index records a surge of 3.18%

Mumbai, May 13 -- Nifty Metal index ended up 3.18% at 13290.8 today. The index has added 8.00% over last one month. Among the constituents, Steel Authority of India Ltd jumped 14.32%, Vedanta Ltd adde... Read More


Economic Buzz: Eurozone economic growth softens in Q1 2026

Mumbai, May 13 -- Eurozone economic growth eased further in the first quarter of 2026 amid elevated energy costs, weak industrial activity, and lingering geopolitical uncertainty. According to Eurosta... Read More


China stocks hit 11-year high

Mumbai, May 13 -- China stocks hit an 11-year high on Wednesday. This rise was fueled by investors buying into tech stocks before the much-anticipated US-China leaders' meeting later this week. The Sh... Read More


Japan's Nikkei 225 Index closes above 63000 for the first time

Mumbai, May 13 -- Japanese stocks edged up amid volatile trades today. The Nikkei 225 Index added 0.84% on Wednesday to close at 63255 points, hitting another record high. Gains were led by Real Estat... Read More


RVNL gains after emerging as lowest bidder for Rs 221 crore South East Central Railway project

Mumbai, May 13 -- According to the company's exchange filing, the project involves replacement of panel interlocking with electronic interlocking systems, along with indoor and outdoor signalling gear... Read More