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Little-known D-Street stocks soar up to 530%

J&K parties question NC move to hold protest in Delhi over Statehood

“NC has a history of disappointing Kashmiris; we have seen this script before and there is little reason to expect a different ending this time,” says PDP leader Yasir Reshi

Brokers prepare rollout of algo trading tools for retail investors

Mumbai: Major brokers are preparing to roll out algorithmic tools for retail traders over the next few months, amid greater regulatory clarity on retail participation in such trading practices.The move is set to not only help brokers expand revenue streams by charging fees to access the trading algorithms (algos), but also help fintech firms scale up by distributing their algo strategies across multiple platforms. Retail clients may be able to access such strategies for as little as ₹5,000 per strategy.Algorithmic or algo strategies use computer programs or pre-set formulas to execute trades when certain conditions like price, volume or technical patterns are met.Sebi's revised framework for safer participation of retail investors in algorithmic trading has been fully implemented since April 2026. It stipulates that brokers must obtain exchange approval for each algo, tag all orders for audit trails, monitor application programming interface (APIs), and handle investor grievances. In addition, exchanges must supervise algo trading through testing and surveillance. Given the regulatory clarity, many brokers have now rushed to provide services.Large traditional brokers such as HDFC Securities and Motilal Oswal Financial Services already provide algos to clients. Other brokers are in the process of launching such services. Raise Securities, which owns Dhan trading platform, recently acquired the algo-provider startup Stratzy. Angel One, Upstox, SBI Securities, Kotak Securities, IIFL Capital Services and 5paisa are also preparing to offer these services to clients. Groww is also in conversation with algo platforms to onboard some strategies. Email sent to Groww did not elicit a response until press time."While algo trading has been around for some time using APIs provided by brokers, we expect higher adoption by retail customers in the long term," said Gaurav Seth, managing director and chief executive officer at 5paisa Capital.The algo strategies are expected to attract retail derivatives traders. Currently, 12 algo providers or vendors are registered with the NSE.According to Mohit Bhandari, cofounder and chief executive of Stratzy, an algo strategy provider, most retail traders either do naked derivatives trading, or have to create trading strategies using multiple futures and options to hedge their risk, which is difficult to track. "Algo trading provides convenience through automation. It also becomes much easier to deploy sophisticated strategies," Bhandari said.Brokers eye algos offerings"The algorithmic trading landscape is becoming increasingly competitive. We anticipate a significant shift in trading volumes toward algorithmic strategies over the next two years," said Puneet Maheshwari, director at Upstox.

Fatal fires haunt Capital in absence of accountability

Delhi faces recurring deadly fires with promises of accountability but little change. Recent tragedies highlight safety violations and weak enforcement.

US stocks today: Dow Jones drops over 500 points as Middle East tensions escalate

Wall Street stocks pulled back from ​record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.All three major U.S. stock indexes closed in negative territory, dragged lower by financials and tech , with the small-cap Russell 2000 underperforming its larger-cap counterparts.Chips advanced, indicating the artificial intelligence ‌fervor is alive ⁠and well. ⁠Still, most of the Magnificent Seven group of AI-related megacaps were lower."The AI names are trading on their own completely separate world, largely oblivious to macro and geopolitical ​risk, at least within reason," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. "And so there's going to be a bid for those ​names, especially on days where everything else looks a little bit less attractive."The S&P Software & Services index declined. It has been battered in recent months by fears of AI disruption.Middle East hostilities intensified as the U.S. and Iran traded a new round of air strikes, ​the latest test of a shaky ceasefire.Oil prices rose, adding to worries that upward ⁠pressure on energy prices ‌could metastasize into broader, systemic inflation."This market continues to demonstrate a tug of war between fundamentals in the ​U.S. economy, which ​are incredibly positive, and concerns that the duration of the conflict in the Middle East will lead to ⁠downside risks," said Bill Northey, senior investment director at U.S. Bank Wealth Management, Billings, Montana. "Our ​framework is centered around the duration of the closure of the Strait of Hormuz as ​the primary input to inflation expectations.""The longer the duration of that closure, the less likely the Federal Reserve will be able to ease in 2026," Northey added.In fact, financial markets are pricing more than a 40% likelihood of a rate hike at the conclusion of the U.S. Federal Reserve's December meeting, up from 9.1% one month ago, according to CME's FedWatch tool.New York Fed President John Williams reiterated his position that the central bank does not need to change interest rates despite upside inflation risks, stating monetary policy is "in the right place."Economic ‌data suggested the labor market was stable, and the services sector continued to expand, but input prices remained elevated and corporate spending plans appeared soft amid rising energy costs and geopolitical uncertainties.The Beige Book, the Fed's ​regional economic survey, showed economic ​activity gathered steam in recent ⁠weeks, employment was little changed, but the fallout from higher energy prices due to the war was pervasive.According to preliminary data, the S&P 500 lost 54.11 points, or 0.74%, to end at 7,555.67 points, while the Nasdaq Composite lost 230.97 points, or 0.85%, to 26,862.93. The Dow ​Jones Industrial Average fell 581.84 points, or 1.13%, to 50,725.95.Among chipmakers, Marvell, Intel, Qualcomm , and Sandisk outperformed.Asset managers dropped after Switzerland's Partners Group capped withdrawals from an $8.6 billion private equity fund. KKR, Blackstone, Blue Owl and Ares Management all lost ground.GameStop advanced after the original meme-stock posted a rise in quarterly revenue and unveiled a $2 billion share buyback program.Elon Musk's SpaceX plans to price its IPO at $135 a share to raise a record $75 billion, a source familiar with the matter told Reuters on Tuesday.Broadcom results were expected shortly.

‘I was a little bit perturbed’: Trump confirms calling Netanyahu 'crazy'

US President Donald Trump admitted calling Israeli PM Benjamin Netanyahu "f***ing crazy" due to frustration over Lebanon escalation, impacting Iran talks. Despite the heated exchange, Trump insists their strong working relationship continues, citing shared "wartime leader" pressures. He remains optimistic about resolving regional tensions soon.

Over two lakh applicants paid $100K H-1B fee

More than two lakh applicants opted to pay USD 100,000 for their H-1B visas to work in the US in the fiscal year 2026, Markwayne Mullin, Secretary, Department of Homeland Security (DHS), said here.Testifying before the Senate Appropriations Subcommittee on Tuesday, Mullin said the DHS had received about 2.86 lakh H-1B applications in the fiscal year 2026."We had 286,000 applicants a year to date for the H-1B visas, out of those, over 200,000 of them paid USD 100,000 to be able to come in because it allows us to process them in a little bit faster of a manner," Mullin said in response to a question by US Senator Susan Collins on the shortage of doctors in rural parts of the country.Mullin said applicants paying USD 100,000 get their papers processed in about 15 days and it takes about 7.5 months to process other applications.Collins told the subcommittee that a hospital in Presque Isle, a rural community in northern Maine, recently had to pay the fee to secure a much-needed surgeon from overseas.She said that medical service providers serving remote areas should be treated differently from employers recruiting highly skilled workers in sectors with larger domestic labour pools."Would you be willing to consider carving out an exemption for medical professionals from this fee when a community can demonstrate that there is not a medical professional available?" Collins asked.Mullin assured the Senator that he would look at possible solutions on whether such applications could be dealt with some flexibility on a case-by-case basis."I would suggest that there's a huge difference between bringing in a computer expert from another country to work in wealthy California and Silicon Valley versus a much-needed surgeon to work at a rural hospital in northern Maine," she said.Republican Senator from Alaska Lisa Murkowski flagged concerns about the shortage of teachers in school districts in rural areas of her state."I'll follow up with you about the issue that I raised previously with regards to H-1B visas for teachers," Murkowski told Mullin.

Silver, gold open flat as investors assess Iran war peace deal uncertainty. Where are precious metals headed?

Gold and silver prices opened little changed on the Multi Commodity Exchange (MCX) on Tuesday as a stronger U.S. dollar and a sharp rise in crude oil prices weighed on sentiment, while investors awaited U.S. President Donald Trump's decision on a proposed extension of the ceasefire agreement with Iran. In the domestic market, MCX silver futures for July 2026 delivery were up Rs 167 to Rs 2,66,350 per kg. Gold futures for June 2026 delivery gained by Rs 258 at Rs 1,59,499 per 10 grams. In the previous session, silver and gold ended marginally higher.Market participants are now focused on upcoming U.S. economic data, including the nonfarm payrolls and employment reports due later this week, for clues on the strength of the labour market as concerns over inflationary pressures linked to the Middle East conflict continue to build. In the international market, spot gold was steady at $4,481.53 per ounce as of 0217 GMT, while U.S. gold futures for August delivery edged up 0.1% to $4,511.20 per ounce. Among other precious metals, spot silver rose 0.5% to $75.21 per ounce, platinum gained 0.5% to $1,932.50, while palladium slipped 0.4% to $1,356.90 per ounce. How should you trade gold?In the domestic market, MCX Gold June futures may extend losses toward ₹154,000 per 10 grams, tracking weakness in global bullion prices, says Jigar Trivedi of IndusInd Securities. Manoj Kumar Jain of Prithvi Finmart said silver is having support at Rs 2,63,600-2,61,000 and resistance at Rs 2,69,100-2,72,000. “We have suggested buying silver on Monday around 2,64,000 with a stop loss below 2,60,600 for the target of Rs 2,71,000; those holding buying positions as per given recommendations are suggested to strictly follow given stop loss and book profits around given target levels.Gold rates in physical marketsGold Price today in DelhiStandard gold (22 carat) prices in Delhi stand at Rs 1,14,672/8 grams while pure gold (24 carat) prices stand at Rs 1,25,088/8 grams.Gold Price today in MumbaiStandard gold (22 carat) prices in Mumbai stand at Rs 1,14,552/8 grams while pure gold (24 carat) prices stand at Rs 1,24,968/8 grams.Gold Price today in ChennaiStandard gold (22 carat) prices in Chennai stand at Rs 1,15,992/8 grams while pure gold (24carat) prices stand at Rs 1,26,536/8 grams.Gold Price today in HyderabadStandard gold (22 carat) prices in Hyderabad stand at Rs 1,14,552/8 grams while pure gold (24 carat) prices stand at Rs 1,24,968/8 grams.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Mumbai engineer leaves corporate job for cab business, now earns ₹2 lakh a month: 'You have to take risks'

According to the driver, he found little satisfaction in the salary offered after completing his engineering degree. Rather than continuing in a role that paid around ₹30,000 per month, he decided to invest his time and effort in building a business of his own.

Air passenger traffic drops in April

New Delhi: Domestic air traffic declined 4.2 per cent to little over 1.38 crore in April compared to March amid multiple headwinds, including relatively softer travel demand.The latest data from aviation watchdog DGCA showed that carriers flew more than 1.38 crore passengers in April, 3.47 per cent lower than over 1.43 crore passengers carried in April last year.Also Read: Delhi airport, SpiceJet issue travel advisory: Bad weather likely to affect flight operationsThe decline is 4.2 per cent compared to the traffic of 1.44 crore passengers recorded in March."Passengers carried by domestic airlines during January - April 2026 were 575.49 lakhs as against 575.13 lakhs during the corresponding period of the previous year thereby registering an annual growth of 0.06 per cent and monthly growth of -3.47 per cent," DGCA said in its report for the month of April.Airlines have been facing multiple headwinds, including rising operational costs due to higher fuel prices and relatively slower demand.Amid the challenging scenario, carriers have also temporarily trimmed their network.The Directorate General of Civil Aviation (DGCA) data showed that IndiGo's market share rose to 65 per cent in April from 63.3 per cent in March while that of Air India Group fell to 24.7 per cent from 26.2 per cent.The market share of Akasa Air inched up to 5.8 per cent last from 5.4 per cent in March and that of SpiceJet declined to 3.4 per cent from 3.8 per cent during the same period.Also Read: India's domestic air passenger traffic grows 1.4 pc to 1,677.4 lakh in FY26: ReportIn April, state-owned Alliance Air's share shrunk to 0.3 per cent from 0.6 per cent in March.A total of 3,266 passenger-related complaints were received by scheduled domestic airlines in April and the number of complaints per 10,000 passengers carried for the month stood at 2.36, as per DGCA.In terms of On-Time Performance (OTP) in April, IndiGo topped the list at 88.5 per cent, followed by Air India Group (82.4 per cent), Akasa Air (81.4 per cent), Alliance Air (71.2 per cent) and SpiceJet (31.2 per cent).OTP is computed for ten major airports -- Bangalore, Delhi, Hyderabad, Mumbai, Chennai, Kolkata, Ahmedabad, Cochin, Guwahati and Lucknow.Last month, around 1.12 per cent of the flights were delayed by more than two hours.According to DGCA data, over 1.35 lakh passengers were affected by flight delays and airlines shelled out little over Rs 2.41 crore towards facilitation whereas 77,065 passengers were impacted by flight cancellations and in this regard, carriers paid Rs 2.04 crore towards compensation and facilities.A total of 641 passengers were denied boarding and the airlines shelled out Rs 57.65 lakh for compensation and facilities.

MSCI index rejig, US-Iran deal worries spook Dalal Street

Mumbai: India's equity indices fell 1.5% on Friday, posting losses for the month, as outflows on account of MSCI index rebalancing triggered a late decline during the trading session. The extension of the tentative ceasefire deal by 60 days eased oil prices but did little to improve sentiment in equities, with Donald Trump yet to sign off on it.The NSE Nifty closed at 23,547.75, down 1.5%, or 359.40 points, while the BSE Sensex ended at 74,775.74, down 1.4% or 1,092.06 points. For May, the Nifty and Sensex slipped 1.9% and 2.8% lower, respectively.Both indices were on track to post modest gains on Friday but selling in the last 30 minutes sent shares tumbling."The MSCI rebalancing led to outflows worth ₹8,000-8,500 crore, which were slightly higher than previous instances, but that was due to float adjustments in certain names like Bajaj Finance, HUL, TCS, and many others," said Abhilash Pagaria, head of alternative and quantitative research, Nuvama Wealth. "This is a one-time new methodology adjustment that weighed on the market on Friday."When global index providers like MSCI add or remove stocks in their indices, passive funds tracking these are forced to buy or sell them in line with the new weights.131402604Fear Gauge Jumps On Friday, Federal Bank, MCX, Nalco and Indian Bank were added to the MSCI Standard Index, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL were excluded.According to Nuvama Alternates, India's weight in the MSCI Standard Index is expected to remain broadly stable at around 12%, with the overall stock count unchanged as four got added and four were excluded.All sectoral indices ended lower on Friday with the IT index bucking the weak trend. Nifty Oil & gas dropped 2.5% while Nifty Metal and Auto indices fell around 2%. Nifty Consumer Durables and FMCG indices declined close to 1.5% while Bank Nifty slid 1.1% lower.Even before the sell-off linked to the MSCI index rejig, gains were measured in response to the provisional deal between the US and Iran."The deal for extension of ceasefire between the US and Iran is not yet signed and it doesn't seem that either of them is in a hurry to sign the deal either," said UR Bhat, cofounder and director, Alphaniti. "The nuclear material in Iran remains a point of contention and investors don't expect a concrete agreement immediately. If the stalemate continues and oil prices shoot up, then the market could see declines. However, if it is signed, then some respite is likely."Brent crude oil futures eased about 2% to nearly $90 on Friday after rising 0.5% on Thursday.The India VIX volatility index jumped 8% to 16.2 on Friday, suggesting traders are not convinced that risks have subsided. The measure was, however, down 9% in the week. "Nifty is stuck in a downward sloping range of around 24,000 levels on the higher side and 23,250-23,000 on the lower side," said Vipin Kumar, AVP, Globe Capital Market. "These levels are unlikely to be broken in the coming week."Foreign portfolio investors sold shares worth a net Rs 21,105.9 crore on Friday, while domestic institutional investors bought shares worth Rs 16,764.1 crore. In May, foreign investors sold shares worth Rs 49,192 crore."Overseas investors could continue to churn large-cap holdings. However, the broader market remains resilient and poised for outperformance," said Pagaria.Out of 4,463 shares traded on the BSE, 1,611 advanced, and 2,673 declined. The Nifty Midcap 150 index declined 1.4%, while the Nifty Smallcap 250 ended 0.7% lower. In the past week, the two gained 1% and 1.2%, respectively.

Supreme Court constitutes panel under Home Secretary to draw up action plan to clean Yamuna

Supreme Court says Yamuna reduced to “little more than a sewage canal”; Panel has to ready action plan in eight weeks

India’s energy strategy needs price correction

The petro products price hike is too little and too late

Surviving a city on ₹13,690

The Uttar Pradesh government increased its minimum wage after 12 years by ₹2,377 last month. While workers are marginally relieved, those in Noida’s SEZ say the amount still barely sustains them, and there is little left to save. Shrimansi Kaushik finds that workers’ spaces and aspirations have shrunk over time

Retail fuel breaches ₹115-mark in Andhra Pradesh as successive hikes pinch consumers

The rapid sequence of retail corrections, which marks a cumulative hike of over ₹5.50 per litre in a little over a week, has severely disrupted operational calculations for independent dealers and logistics providers