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Indian markets experienced a significant downturn last week, with the top 10 most valued firms losing Rs 3.12 lakh crore. Geopolitical tensions, a weakening rupee, and rising inflation, exacerbated by surging crude oil prices, drove the decline. Reliance Industries saw the steepest fall, while Bharti Airtel was the sole gainer among the giants.

RIL, Tata group exploring greater flexibility; move may affect IT companies return to office plans

PRO FX Tech reported a 37% revenue surge to Rs 177 crore and a 24% net profit increase to Rs 15 crore in FY26. This growth was fueled by strong demand for premium audio products and enhanced execution across retail and business segments, despite macroeconomic headwinds. The company anticipates exceeding Rs 200 crore in revenue this fiscal year.

Indian equity benchmarks Sensex and Nifty closed lower on Tuesday after a late sell-off in heavyweight stocks like HDFC Bank and Reliance Industries erased early gains. Concerns over the rupee hitting a fresh record low and elevated crude oil prices also weighed on investor sentiment, though IT stocks provided some support.

Fifty-two years ago, India detonated a nuclear device in Rajasthan's Thar desert, codenamed 'Smiling Buddha'. This event, coinciding with Buddha Purnima, marked India's entry into the nuclear club. Despite being officially termed a 'peaceful nuclear explosion', the test ignited debate and reshaped India's global standing, demonstrating scientific self-reliance and announcing strategic intent.

Dalal Street concluded the holiday-shortened week with gains, as the combined market valuation of India's top 10 firms surged by Rs 2.20 lakh crore, led by Reliance Industries. Despite a volatile trading environment and mixed global cues, investor sentiment remained resilient, with the BSE Sensex rising 0.32%.

PM Modi has called on citizens to adopt measures aimed at conserving foreign exchange, as the surge in oil prices triggered by the Iran conflict has intensified pressure on the rupee and strained India’s foreign exchange reserves.

Indian aviation faces unprecedented turbulence due to a perfect storm of factors. From pandemic fallout and engine failures to airspace closures and a Middle East war driving fuel prices sky-high, airlines are struggling. Passengers face rising fares and cancelled routes as the sector grapples with deep financial distress and operational chaos.

Stock market today: The BSE Sensex, comprising 30 stocks, advanced 355.90 points, or 0.46 per cent, to close at 77,269.40. During the session, it had surged as much as 997.25 points, or 1.29 per cent, reaching an intraday high of 77,910.75.

Indian equity markets experienced a significant downturn, with the top ten most-valued firms losing over Rs 2 lakh crore. Tata Consultancy Services and Reliance Industries bore the brunt of this decline, influenced by geopolitical tensions and weak IT sector commentary. The broader market also saw substantial drops in benchmark indices.

India’s auto boom is back — but not for everyone. As SUVs surge and profits rise, entry-level cars are being left behind.

Indian markets concluded the week on a positive note, with the combined market value of the top ten companies surging by over Rs 1.87 lakh crore. Bharti Airtel emerged as the leading gainer, adding Rs 58,831 crore to its valuation. This uptrend was supported by easing geopolitical tensions and a positive risk sentiment.

TCS has extended 25,000 job offers to fresh graduates for FY27, with future hiring contingent on market demand. The IT giant, which hired 44,000 freshers last year, is maintaining its delivery model and focusing on project needs. CEO Krithivasan described the demand pipeline as stable, with early signs of recovery in client spending across various sectors.

India’s passenger vehicle market ended March 2026 on a firm footing, with the top 10 models recording a combined 1,76,586 units, up 11.72 per cent year-on-year from 1,58,063 units in March 2025. The growth reflects steady demand across hatchbacks, compact sedans and SUVs despite rising competition and changing buyer preferences.

Indian equities experienced a weak trend, leading to a combined valuation drop of Rs 64,734.46 crore for six of the top ten most valued companies. Bharti Airtel was the biggest loser, with its market cap falling by Rs 29,993.07 crore. Despite broader market declines, select heavyweights like TCS and Infosys saw gains.

India's top companies faced a significant market capitalisation loss of Rs 1.75 lakh crore last week, with Reliance Industries bearing the brunt. Broader market indices also tumbled amid global uncertainties and Middle East tensions. While most major firms saw their valuations shrink, Larsen & Toubro, Bajaj Finance, and Infosys managed to post gains.

US President Trump's conflicting statements on the Iran conflict, suggesting both military success and potential escalation, have triggered global market volatility. Indian stocks initially plunged but recovered, while oil prices surged, impacting nations like Nepal and Bhutan. Precious metals and cryptocurrencies also saw significant declines amid heightened uncertainty.

Dalal Street experienced a significant market capitalisation erosion of over Rs 1 lakh crore for five top firms last week, with HDFC Bank bearing the brunt. Despite initial gains, selling pressure in later sessions led to a muted market close, reflecting participant caution.