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Wednesday, May 6, 2026

Bulls return to D-Street as falling oil prices ease geopolitical jitters

Indian stock markets experienced a significant rally on Wednesday. Both the Nifty 50 and S&P BSE Sensex saw gains exceeding 1 percent. This surge followed a sharp drop in oil prices due to potential US-Iran accord news. Easing tensions boosted investor confidence, leading to a broad market uplift. Volatility also decreased, indicating reduced near-term risk.

from Economic Times https://ift.tt/XVakNpB

KPI Green Energy Q4 cons PAT jumps 46% YoY to Rs 155 cr; revenue up 40%

KPI Green Energy Q4 Results: KPI Green Energy announced strong financial results for the fourth quarter of FY26. Net profit surged by 46% to Rs 155 crore. Revenue from operations increased by 40% to Rs 810 crore. This growth was driven by project execution and business verticals. EBITDA also saw a significant rise. The company recommended a dividend. Investors reacted positively to the news.

from Economic Times https://ift.tt/gulS8bH