OTECHY NOW
  • MARKET May 21: Sensex, Nifty End Lower; Nikkei Surges Over 3 Percent

    The Sensex closed at 75,183 (-0.18%), Nifty 50 at 23,654 (-0.02%), while Japan’s Nikkei 225 surged 3.14% to 61,684. China’s SSE fell 2.04%. Mixed global cues and rupee volatility weighed on Indian equities. Tomorrow, investors will track RBI’s liquidity measures and crude oil prices amid Middle East tensions.

  • BULLION May 21: Gold Futures Drop, Silver Rebounds Amid Import Duty Hike

    Gold futures fell to ₹1,59,427 per 10g, while silver rebounded to ₹91,200 per kg. Import duty hikes and global uncertainty continue to drive volatility. Tomorrow, traders will watch for U.S. Fed minutes and Iran conflict updates, which could push bullion prices toward new highs or trigger corrections.

  • CRYPTO May 21: Bitcoin Slips Below $68K, Altcoins Show Mixed Trends

    Bitcoin traded at $67,800 (-0.8%), Ethereum at $3,120 (-1.2%), USDT remained stable at $1.00, BNB rose to $620 (+0.5%), and Solana climbed to $178 (+1.1%). Market sentiment remains cautious amid regulatory scrutiny. Tomorrow, focus will be on SEC’s ETF decisions and Asian trading volumes for direction.

  • AUTO May 21: Maruti Suzuki To Raise Vehicle Prices By ₹30,000

    Maruti Suzuki announced price hikes of up to ₹30,000 across models starting June 2026, citing inflationary pressures and rising input costs. Shares remained in focus as investors weighed margin impacts. Tomorrow, analysts will track consumer demand elasticity and whether competitors follow with similar price adjustments.

  • CURRENCY May 21: Panagariya Urges RBI To Allow Rupee Depreciation

    Finance Commission chairman Arvind Panagariya advised the RBI to let the rupee depreciate beyond ₹100 per dollar amid global turbulence, arguing it could support exports. Tomorrow, markets will watch RBI’s stance and whether intervention continues as geopolitical risks pressure the currency further.

  • LIC May 21: LIC Reports 23 Percent Profit Growth In Q4

    LIC posted a 23% YoY profit rise to ₹23,467 crore in Q4 FY26, declaring a ₹10 per share dividend. Asset quality improved, boosting investor confidence. Tomorrow, analysts will assess sustainability of growth and how LIC’s performance impacts broader insurance sector valuations.

  • META May 21: Meta Lays Off 8,000 Employees Amid AI Shift

    Meta announced layoffs of 8,000 employees, citing restructuring toward AI initiatives. The move sparked concerns over job security, especially among H-1B visa holders. Tomorrow, attention will turn to Meta’s AI roadmap and whether cost-cutting stabilizes margins in the face of rising competition.

  • SEBI May 21: SEBI Issues Notices In Capital Group Front-Running Case

    SEBI sent show-cause notices to six Capital Group FPIs linked to the Ketan Parekh front-running case. Regulators seek clarity on trading practices. Tomorrow, markets will watch for SEBI’s enforcement actions and potential penalties, which could impact foreign portfolio investor sentiment.

  • SPACEX May 21: Elon Musk’s SpaceX Prepares For Historic IPO

    SpaceX is preparing for an IPO, with analysts debating valuations and Starlink’s role in profitability. Musk’s ambitions for Mars exploration add intrigue. Tomorrow, investor focus will be on regulatory filings and whether SpaceX’s offering reshapes global capital markets.

  • NVIDIA May 21: Nvidia Reports $81.6 Billion Revenue, Beats Estimates

    Nvidia posted record quarterly revenue of $81.6 billion, driven by AI and data center demand. Despite strong results, investor sentiment remained cautious. Tomorrow, analysts will track AI-linked stocks in India and whether Nvidia’s performance sustains global semiconductor momentum.

  • FUEL May 21: Fuel Price Hikes Raise Transport And Essential Costs

    Transporters announced a 4% hike in freight rates, passing rising fuel costs onto consumers. Daily essentials are expected to become costlier, sparking protests in several states. Tomorrow, policymakers will face pressure to manage inflationary impact while balancing global crude price volatility and domestic supply challenges.

  • FOOD May 21: Jubilant FoodWorks Q4 Profit Surges 66 Percent

    Jubilant FoodWorks, operator of Domino’s India, reported a 66% YoY profit rise to ₹80 crore in Q4, with revenue up 19%. Despite strong demand, shares fell 8% as brokerages flagged margin pressures. Tomorrow, analysts will monitor consumer spending trends and whether expansion offsets cost challenges.

  • RETAIL May 21: Lenskart Reports Revenue Growth But Profit Declines

    Lenskart posted ₹2,516 crore revenue in Q4 FY26, but profits slipped 7.5% due to rising costs. Brokerages raised targets citing strong topline growth. Tomorrow, investors will assess whether expansion into new markets sustains momentum despite margin pressures in India’s competitive eyewear sector.

  • ITC May 21: ITC Declares ₹8 Dividend Despite Profit Drop

    ITC reported a 72% YoY decline in Q4 profit to ₹5,113 crore, but recommended a final dividend of ₹8 per share. Revenue fell 7%, raising concerns about demand slowdown. Tomorrow, analysts will track FMCG sector resilience and whether ITC’s dividend policy reassures investors.

  • METALS May 21: Hindalco Shares Rise On Novelis Q4 Earnings

    Hindalco shares gained 3.5% after Novelis reported higher operating profit in Q4, despite a $84 million loss from the Oswego fire. Analysts remain optimistic about long-term cash flows. Tomorrow, investors will watch for recovery updates and whether Hindalco sustains momentum in global aluminum markets.

  • LABOR May 21: Indian Factory Workers Train Robots, Raise Job Fears

    Reports reveal Indian garment workers are being used to train AI-powered robots, sparking concerns about job displacement. Workers were asked to wear cameras to capture tasks for automation. Tomorrow, debates will intensify on ethical AI practices and the impact on India’s labor market.

  • WORKFORCE May 21: India’s AI Workforce Shifts Toward Contracts And GCCs

    India’s workforce is tilting toward contract roles as AI adoption reshapes employment. GCCs (Global Capability Centers) are offering premium pay for AI skills, with salary hikes averaging 9.8%. Tomorrow, analysts will examine whether this trend boosts India’s competitiveness or deepens job insecurity.

  • VISA May 21: Indian Techies Face 60-Day Deadline After US Layoffs

    Thousands of Indian tech workers in the U.S. face a 60-day deadline to find new jobs or leave after layoffs at Meta and Amazon. The situation highlights vulnerabilities in H-1B visa policies. Tomorrow, policymakers may face calls for reforms as skilled workers struggle with relocation decisions.

Load More