Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets rallied strongly on Wednesday. While Nifty50 went above 24,000 intraday, BSE Sensex rose over 3,000 points.
Stock market recommendations: Birlasoft, Bajaj Holdings, and Gujarat Ambuja Exports Ltd are the stocks recommended for buying by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares today (April 8, 2026):
Oil prices plummeted below $100 per barrel following President Trump’s announcement of a two-week ceasefire with Iran, contingent on reopening the Strait of Hormuz. This development eased fears of supply disruptions, leading to the steepest oil decline in nearly six years. Despite the truce, analysts caution that risks to oil supply remain elevated due to
Women’s credit uptake has surged, now representing Rs 76 lakh crore or 26% of total system credit in 2025, a near five-fold increase since 2017. This signifies a major shift with women actively driving credit demand, moving from passive recipients to key financial participants. Their engagement with formal credit and asset ownership is rapidly expanding.
Gautam and Sagar Adani are challenging a US SEC securities fraud lawsuit, arguing the case lacks US jurisdiction and credible bribery evidence. They contend investors suffered no losses from the 2021 Adani Green bond issue, which they claim was conducted entirely outside the US. The Adanis deny wrongdoing and seek dismissal of the SEC’s claims.
CRED is expanding into wealth management with its acquisition of Kuvera, targeting affluent investors. The platform aims to enhance investor discipline and decision-making, emphasizing long-term compounding over frequent trading. Kuvera’s redesigned approach focuses on behavioral insights, helping wealthy individuals make smarter investment choices. This move positions Kuvera as CRED’s primary wealth division within its premium
The Delhi High Court has halted Cartel Bros, backed by Sanjay Dutt, from launching its ‘Glenwalk Godfather’ whisky. Devans Modern Breweries, owner of the established ‘Godfather’ brand for beer and spirits, successfully argued trademark infringement. The court ordered Cartel Bros to pause commercial launch and promotional activities until further notice, with the next hearing scheduled
Global markets wavered Tuesday as investors braced for President Trump’s Iran deadline regarding the Strait of Hormuz. Fears of escalating Middle East conflict sent oil prices soaring and dragged down US stocks, particularly tech shares. Health insurers offered some support, but overall market sentiment remained cautious amid heightened geopolitical tensions and uncertainty.
