News Overview

Groww delivered strong FY2025/Q4 FY2026 performance with robust revenue and profit growth, expanding EBITDA margins, and steady user acquisition. However, customer assets declined amid market pressures, even as mutual fund market share improved.

The sharp decline in Indian Energy Exchange stock reflects a deeper structural shift triggered by proposed market coupling norms from the Central Electricity Regulatory Commission. With centralized price discovery set to replace exchange-led pricing, IEX’s long-standing dominance, revenue visibility, and valuation premium face increasing uncertainty amid rising competition.

India slipping to the 6th largest economy may seem concerning, but the shift is largely due to currency depreciation rather than weakening fundamentals. Here’s what it really means for investors, citizens, and India’s long-term growth story.

Reliance Industries is reportedly set to file IPO papers for Jio Platforms Ltd in May after a delay from March, as it seeks to include full-year financial results and improve investor appeal amid global market uncertainty. The planned listing is backed by a 19-bank syndicate and could become India’s largest IPO.

Indian equity markets ended in positive territory on 17 April 2026, supported by strong gains in FMCG, banking, and select mid-cap stocks. Nifty 50, Sensex, and Bank Nifty all closed higher, while Wipro, HDFC Life, and Sun Pharma saw declines amid sectoral rotatio

Wipro reported a stable Q4 FY26 performance with 8% YoY revenue growth and strong large deal momentum of $1.44 billion. While profits were broadly flat year-on-year, the company highlighted an AI-first strategy, vendor consolidation trends, and steady margin performance amid a cautious IT spending environment.

Apollo Micro Systems Ltd receives lifetime defence manufacturing license for missiles, torpedoes, loitering munitions. Full details on categories, capacity, ecosystem, and 16% stock surge on NSE.

Seafood stocks rallied as strong export data, rising shrimp demand, and resilient global markets boosted investor confidence in Avanti Feeds and Apex Frozen Foods.

Indian equity markets ended the April 16 session with marginal losses amid volatility, as intraday profit booking offset a gap-up opening. While Sensex and Nifty closed slightly lower, broader market breadth remained strong. The report covers key gainers and losers, technical levels for Nifty and Bank Nifty, currency movement, and HDFC Bank earnings expectations.

ICICI Prudential Life Insurance Company reported a strong Q4 FY26 with 62% YoY profit growth and solid premium expansion. Non-life insurance and pension segments led performance, while life insurance growth remained muted amid mixed stock trends.