Business

09

Apr

By The Press Editor

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Business

Defence stock surges 15% on successfully completing blast trials for limpet mines, check details

Mumbai: Shares of defence company Apollo Micro Systems Ltd (AMSL) surged nearly 15 per cent on Thursday, April 9, 2026, even as equity benchmark indices Sensex and Nifty slumped as oil prices surged amid fresh tensions in West Asia, which threatened the ceasefire reached between the US and Iran. The stock opened flat at Rs 208.05 on the National Stock Exchange (NSE) and dipped to touch the intraday low of Rs 207.11. However, the stock picked up momentum after the company shared an update regarding successfully completing blast trials for limpet mines. Amid this, the stock witnessed a spurt in…

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09

Apr

By The Press Editor

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Business

Gold, silver prices fall on MCX amid fresh tensions in West Asia | Check city-wise rates

Mumbai: A day after the rally, the rates of precious metals in futures fell on Thursday, April 9, 2026, as crude oil prices rose again to above USD97 a barrel on scepticism over a fragile ceasefire between the US and Iran. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 1,129 or 0.74 per cent at Rs 1,50,647 per 10 grams against the previous close of Rs 1,51,776. However, it later rebounded and touched the intraday high of Rs 1,51,776. Last seen, it was trading at Rs 1,51,242 with a drop of…

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09

Apr

By The Press Editor

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Business

NTPC top gainer of Sensex 30 pack after signing MoU with France’s EDF, trades close to 52-week high

Mumbai: Shares of homegrown power giant NTPC are in action on Thursday, April 9, 2026, even as benchmark indices Sensex and Nifty tumbled in early trade amid a rise in crude oil prices. The 30-share BSE Sensex dropped 243.57 points to 77,319.33 in opening trade. The 50-share NSE Nifty declined 88.3 points to 23,909.05. Despite this downfall, the stock opened in the green at Rs 378, up Rs 3.75 or 1 per cent from the previous close of Rs 374.25. The scrip gained further to touch the high of Rs 381.20, representing a gain of Rs 6.6 or 1.78 per…

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09

Apr

By The Press Editor

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Business

OLA Electric Share Price: EV stock surges over 16% despite weakness on Dalal Street, here’s why

Mumbai: Shares of Ola Electric Mobility continued their upward trend on Thursday, even as benchmark indices Sensex and Nifty tumbled in early trade amid concerns of a potential ceasefire breach. The 30-share BSE Sensex dropped 243.57 points to 77,319.33 in opening trade, while the 50-share NSE Nifty shed 88.3 points to 23,909.05. Despite this weakness, shares of Ola Electric started the trading session in the green at Rs 30.49 against the previous close of Rs 30.29 on the BSE. 

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09

Apr

By The Press Editor

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Business

TCS Quarterly Results: IT stock in focus ahead of Q4 results today, may declare final dividend – Details

Mumbai: Shares of the country's largest IT services company, Tata Consultancy Services Ltd (TCS), will be in focus on Thursday, April 9, 2026, as the company is set to announce its March quarter results today. According to experts, the Indian IT sector is expected to have another muted quarter. Meanwhile, the Nifty IT index has underperformed, declining around 24 per cent over the past three months, led by the AI-induced disruptions narrative and protracted growth recovery. Along with the financial results, the board of directors of the company will also consider and may recommend a final dividend for the financial…

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09

Apr

By The Press Editor

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Business

Market Opening Bell: Sensex drops 243.57 points, Nifty holds 23,900 as crude oil prices inch up

Mumbai: A day after a strong recovery, Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a negative note on Wednesday, amid weak global cues and rising crude oil prices amid doubts about a full supply recovery from the Middle East. While the 30-share BSE Sensex dipped 243.57 points or 0.31 per cent to start the session at 77,319.33, the Nifty shed 88.3 points to open at 23,909.05. In the last trading session, the Sensex closed at 77,562.90 and the Nifty 50 at 23,997.35. Similarly, the broader indices traded in the red in the opening session.…

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08

Apr

By The Press Editor

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Business

PNG gets costlier as Indraprastha Gas Limited increases price by Rs 1.7 per SCM

New Delhi: Amid the ongoing conflict in the Middle East, Indraprastha Gas Limited (IGL) has increased the price of piped natural gas (PNG) in several cities, including Delhi-NCR. The price increase comes as the government has been pushing for greater adoption of piped natural gas amid disruptions to LPG (liquefied petroleum gas) supplies. The government has prioritised the adoption, as PNG is considered more convenient than LPG cylinders for everyday use, as gas is delivered through a pipeline directly to the home without the botheration of booking refills. Price hiked by Rs 1.70 per SCM The price of PNG in…

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08

Apr

By The Press Editor

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Business

Gold surges above Rs 1.54 lakh per 10 gram on MCX, silver too jumps on US-Iran ceasefire | Check city-wise rates

Mumbai: Rates of precious metals in futures rebounded on Wednesday, April 8, 2026, 2026 as crude oil prices fell below the USD 95 mark after the US and Iran announced a two-week ceasefire. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 3,261 or 2.16 per cent at Rs 1,53,301 per 10 grams against the previous close of Rs 1,50,289. It later gained further to hit the high of Rs 1,54,934, a jump of Rs 4,645 or 3.09 per cent. Last seen, it was trading at Rs 1,53,850, up Rs 3,561 or…

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08

Apr

By The Press Editor

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Business

Lucknow to Kanpur in just 30 minutes: New expressway set to transform everyday travel

Lucknow: The Ministry of Road Transport and Highways (MoRTH) has built several expressways that have significantly reduced travel time between cities. One such project is the Lucknow-Kanpur Expressway, which will connect two of the most important cities of Uttar Pradesh. The 63-km-long Lucknow-Kanpur Expressway, a dream project of NHAI, is now ready and will completely transform the travel experience between these two cities. Travel time to reduce significantly Until now, travelling by road between Lucknow and Kanpur has taken 1.5 to 3 hours due to heavy traffic and congestion. However, this new 63-kilometre expressway will reduce the travel time to…

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08

Apr

By The Press Editor

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Business

Renewable energy stock surges 5% as solar push gains momentum, check share price

Mumbai: Shares of Renewable energy player RDB Infrastructure and Power gained 5 per cent on Wednesday amid a rally in the benchmark indices, following a ceasefire announced by the United States and Iran that sent Brent crude oil prices lower. The counter opened gap up with a gain of 4.99 per cent at Rs 34.48 against the previous close of Rs 32.84 on the BSE. However, the counter witnessed some profit booking at higher levels and fell to touch the intraday low of Rs 33.50. However, it bounced back and last seen the stock was trading at Rs 34.47 with…

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