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The last time India significantly raised the import duty on gold was in 2012-13.
Updated : May 13, 2026

Over Rs 22 lakh import duty on 1 kg of gold! Capitalmind's Deepak Shenoy on the flip side of duty hike 

Deepak Shenoy, CEO of Capitalmind Mutual fund in a post on X said the duty hike is likely to lead to a rise in incidents of gold smuggling.

"We remain positive on the sector from a medium to long-term perspective — in the near term, expect volatility to persist," Nuvama noted.
Updated : May 13, 2026

IT stocks: Rebound soon? How Gen AI is driving sentiment — 'Buy' calls, target prices

The brokerage said Indian IT services companies delivered largely in-line quarterly results, with revenue growth and margins staying stable.

 While the combined maths add up to Rs 656 per share for a face value of Rs 10 each, subject to the approval of the shareholders at the upcoming AGM. (Image: AI generated for representational purpose only)
Updated : May 13, 2026

Massive Rs 525 dividend alert! This company in Q4 results broke its own payout record of Rs 475

This year's final dividend of Rs 525 apiece is a 10.53% increase compared to the earlier dividend of Rs 475 per share announced for the year ended March 31, 2025.

The rally came after the government raised import duties on precious metals such as gold and silver.
Updated : May 13, 2026

Metal shares: Vedanta, Hindustan Zinc, Nalco, SAIL shares rally on gold, silver duty hike     

Shares of Hindustan Zinc zoomed 5.54% to Rs 677.10. The firm is India's largest primary silver producer.

Pic: AI-generated image for representational purpose only
Updated : May 13, 2026

Want to buy Electronic Gold Receipts? Here's a step-by-step guide for you to buy NSE EGRs

The National Stock Exchange of India recently introduced electronic gold receipts (EGRs) to simplify ownership of gold in digital from through the exchange itself.

Hindustan Zinc: Vedanta owned 60.71 per cent stake, or 2,56,52,71,353 HZL shares, as of March 31. 
Updated : May 13, 2026

Hindustan Zinc shares: Vedanta arm gets 15% upside target, HZL stock up 6%, here's why

The HZL stock gained 5.54 per cent to hit a high of Rs 677.10, with SBI Securities recommending a 'Buy' on the stock.

Burry compared the recent explosive growth of the Philadelphia Semiconductor Index (SOX) to the historic run-up right before tech stocks collapsed in March 2000. ((Pic: michael-burry.com and AI collage)
Updated : May 13, 2026

Meet Michael Burry - Top US investor who predicted 2008 crash; has a fresh warning!

Burry believes the market has simply stopped making sense. He pointed out that stocks are no longer reacting to core economic data.

HPCL: Capital expenditure (capex) during the quarter came at Rs 4,611 crore, while cumulative capex for FY26 stood at Rs 15,705 crore.
Updated : May 13, 2026

HPCL shares rise as Q4 profit jumps 78%; dividend, record date announced

HPCL: Revenue from operations rose 4.45 per cent YoY to Rs 1,23,602 crore in Q4 FY26, compared with Rs 1,18,334 crore in the year-ago period.

Pic: AI-generated image for representational purpose only
Updated : May 13, 2026

Mukul Agrawal's top holdings: Nuvama, J&K Bank, Radico, Neuland & more — Should you buy?

Ace market investor Mukul Agrawal holds nearly 75 stocks in his portfolio, which is valued nearly Rs 7,250 crore, and his top-8 bets are valued more than Rs 200 crore.

Vijay Kedia's office acquired a stake in the company through a bulk deal.
Updated : May 13, 2026

Shares up 26% in five sessions: Ace investor Vijay Kedia picks this debt-free IT stock

Amid heightened price action, both BSE and NSE have placed the stock under the short-term Additional Surveillance Measure (ASM) framework.

Varun Beverages, Hindustan Aeronutics Ltd , Delhivery Ltd, SAIL, Cipla and Maruti Suzuki India witnessed MF buying for the month.
Updated : May 13, 2026

Vedanta, Tata Motors PV, HDFC Bank, JFS shares on MF sell radar; what they bought in April

Avenue Supermarts Ltd (D-Mart), Asian Paints, Vedanta, GAIL, Jio Financial Services (JFS), Lupin, Power Grid and Tata Motors PV saw up to Rs 900 crore in MF selling.

Pfizer stock fell 1.77% to Rs 4645 in the current session. Pic source: (AI image for representational purposes)
Updated : May 13, 2026

Despite heavy Q4 profit slump, hefty dividend of Rs 75 per share  declared - Record date fixed

But Q4 earnings also brought good news for shareholders- a final dividend of Rs 75 per share.

MCX shares: ICICI Securities downgraded the stock to ‘Hold’ from ‘Add’, setting a target price of Rs 3,150. (Image: AI generated / company logo)
Updated : May 13, 2026

MCX shares up 45% in 2026 so far; should you buy, sell or hold?

Motilal Oswal Financial Services (MOFSL) maintained a ‘Neutral; rating on MCX and cut its target price to Rs 2,850.

JM Financial highlighted Oil India as the key beneficiary. (Image AI generate / company logos)
Updated : May 13, 2026

ONGC, Oil India shares: Royalty cuts may boost earnings; should you buy? - Target prices

ONGC, with roughly 31% of its total production stemming from onshore fields, is expected to see a cost reduction of USD 1-1.5/bbl, pushing earnings up by 2-3%, it noted.

The brokerage noted that adjusted profit after tax (PAT) rose 3.2 times YoY to Rs 44.3 crore, broadly in line with estimates. (Pic source: AI generated image for representational purposes)
Updated : May 13, 2026

MTAR Technologies shares slip despite 3x Q4 profit jump, still up 138% in 6 months — What's weighing on sentiment?

The stock was last seen trading 1.78 per cent lower at Rs 6,139.05. Despite the day's fall, the counter has seen a sharp rally in recent months, gaining 39.52 per cent in the past one month and delivering multibagger returns of 138.22 per cent over the last six months.

Dixon Tech's Q4 print held no significant surprise, said JM Financial, even as it said adjusted profit was 5 per cent ahead of its estimates. (Pic: AI generated for representational purposes only; ChatGPT)
Updated : May 13, 2026

Why Dixon Tech shares surged 5% today; buy, hold or sell? Target prices for 12 months

Analysts said Dixon's Q4 profit beat consensus estimates by 6 per cent, but noted that the company's flat volume guidance for FY27 suggested muted near-term prospects.

Equirus highlighted that while Canara Bank trades at a supportive 0.9x FY28 adjusted book value, a weak CASA profile remains a drag on margins. (Image: AI generated image for representational purpose only)
Updated : May 13, 2026

Canara Bank shares: What should investors do with Jhunjhunwala-backed stock after Q4 results?

Meanwhile, as per March quarter shareholding pattern, Rekha Jhunjhunwala, wife of the late ace investor Rakesh Jhunjhunwala, currently holds a 1.54% stake, translating to 13.99 crore shares in the state-owned lender.

Lloyds Engineering Works has recently generated a breakout above its 10 months falling channel signaling strength and offers fresh entry opportunity, said Bajaj Broking.
Updated : May 13, 2026

M&M Finance, Hyundai, Lloyds Engineering: 3 stocks to buy— Check target prices & Stop loss

SMIFS said that M&M Finance is forming a strong base at the Rs 330-340 support zone, highlighting sustained accumulation after an extended consolidation phase.

Tata Power stock slipped 6.56% to Rs 390.05 against the previous close of Rs 418.40. Pic source: (AI image for representational purposes.)
Updated : May 13, 2026

Tata Power down: Despite record high FY26 profit, why shares got downgrade call | New target price

Tata Power: Goldman Sachs said Q4 PAT came 13% below estimates and flat on a year on year basis. It maintained a sell call on the stock. 

Pic: AI-generated image for representational purpose only
Updated : May 13, 2026

Bajaj Auto's biggest ever buyback: Go for it or avoid? Record date, acceptance ratio

Bajaj Auto Buyback: Domestic two-wheeler major Bajaj Auto announced its biggest ever share buyback as it shall repurchase shares worth Rs 5,633 crore at a price of Rs 12,000 apeice.

Texmaco Rail operates seven manufacturing facilities across India and specialises in rolling stock, hydro-mechanical equipment, and rail infrastructure solutions. 
Updated : May 13, 2026

Texmaco Rail shares: Why this railway stock rallied 14% today; what MD says

Texmaco Rail: The railway stock rose 13.50 per cent to hit a high of Rs 119.80 on NSE. With this, Texmaco Rail shares have cut year-to-date losses to 13.78 per cent.