Stock market today: Nifty50 above 24,250; BSE Sensex rallies over 800 points as oil prices ease, state election results in focus

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex rallied strongly in opening trade on Monday as crude oil prices dipped and US President Donald Trump signalled help for ships stuck in the Strait of Hormuz. State election results from West Bengal, Kerala, Assam, Tamil Nadu, and Puducherry are also in focus….

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Gold price prediction today: Where are gold prices headed? Key levels to watch out for May 4, 2026 week

Looking ahead, markets will closely track global PMI releases and US labor market data for further direction on inflation and policy outlook. (AI image) Gold price prediction today: Gold prices are seeing consolidation, according to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices extended last week’s decline, hovering near one-month…

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Stocks to buy: What’s the outlook for Nifty for May 4-May 8 week? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives at SBI Securities has recommended Yatharth Hospital & Trauma Care Services Ltd, and Gujarat Ambuja Exports Ltd as the top stock recommendations for the week that starts today, May 4, 2026. The expert also shares his outlook for…

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Oil price today (May 4, 2026): Crude drops as Trump signals help for ships stuck in Strait of Hormuz; stays above $100 per barrel

OPEC+ announced on Sunday that seven member nations would increase their combined production targets. (AI image) Oil price today: Crude oil prices on Monday edged down after US President Donald Trump announced that Washington would take steps to assist vessels stranded in the Strait of Hormuz. Still, crude remained firmly above the $100-a-barrel mark as…

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Tata Trusts Board Meeting: Tata Trusts to review nominee directors for Tata Sons on May 8

MUMBAI: The boardrooms of India’s most powerful philanthropic trusts are looking at an uncomfortable May 8 reckoning. The Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), which together hold a 52% controlling stake in Tata Sons, will convene to review their nominee directors on the holding company’s board, among other agenda items.The…

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Leather, footwear sector seeks duty relief as Middle East crisis drives up input costs

India’s leather and footwear industry is struggling with high input costs due to the ongoing Middle East crisis and is seeking import duty exemptions on essential raw materials, machinery and components. Industry representatives have taken up the issue with the commerce and industry ministry, warning that the disruption has sharply raised the cost of several…

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OPEC+ raises crude oil’s June output quotas, group signals continuity after UAE exit

Saudi Arabia, Russia and five other OPEC+ countries on Sunday raised their oil production quota in an expected move aimed at projecting continuity after the United Arab Emirates’ surprise exit from the producers’ alliance, AFP reported.The seven producers will add “188,000 barrels per day” to their combined production quota for June, according to a statement…

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