Customer relations software maker Salesforce's talks to acquire data-management software firm Informatica have failed after the two companies could not agree on terms, the Wall Street Journal reported on Sunday citing people familiar with the matter. Salesforce and Informatica did not immediately respond to a Reuters request for comment.

Shares of beleaguered telecom service provider Vodafone Idea will be in focus on April 22 as its follow-on offer (FPO) will close later in the day. After two days of bidding for the Rs 18,000-crore issue, the subscription status shows that the FPO has garnered a decent response from investors 49 times booking. The retail portion of the FPO saw 13 percent buying.

✅GIFT Nifty signals a positive start. ✅India VIX, which is a measure of the fear in the markets, rose 3.2% to settle at 13.46 levels. ✅The Nasdaq and the S&P 500 closed in negative territory due to pressure from Netflix shares. ✅The euro and yen were relatively steady in early Asian trading on Monday. ✅Foreign portfolio investors turned marginal net buyers at Rs 129 crore on Friday.

Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that the Indian stock market bias has improved after the pullback rally on Friday. Her stock recommendations: 💰HUL: Buy at ₹2231, target ₹2310, stop loss ₹2185; 💰Grasim Industries: Buy at ₹2273, target ₹2350, stop loss ₹2225; and 💰Tata Steel: Buy at ₹162, target ₹170, stop loss ₹158.

The legal representatives of eight FPIs have filed a total of 16 settlement applications with Sebi. The regulator had accused the FPIs of failing to maintain and disclose information about their ultimate beneficial owners as well as for breaching investment limits in listed entities of Adani Group during certain periods.

The capital market regulator has not approved three names that India's largest commodity derivatives exchange proposed for a new chief executive, a post which falls vacant on 10 May when the current boss leaves after a five-year term. Instead, the Securities and Exchange Board of India (Sebi) has directed Multi Commodity Exchange of India Ltd (MCX) to restart the selection process.

Asian stocks recovered some losses on Monday and bond yields rose as fears of a wider Middle East conflict ebbed, with investors gravitating back towards riskier assets. Gold and the safe-haven dollar pulled back from near their peaks, and crude oil prices declined as the potential for a major supply disruption waned. Iran said on Friday that it had no plan to retaliate.

📌Wipro has recorded consolidated net profit of Rs 2,834.6 crore for Q4FY24. 📌Zomato has received an order for GST demand of Rs 5.9 crore. 📌Allcargo Gati's total volume, including surface and air express, stood at 111 kt for the month of March 2024. 📌Vodafone Idea will close its FPO of Rs 18,000 crore on April 22. 📌Ircon International received a VAT demand of Rs 42.87 crore.

📌Multi-Commodity Exchange opens doors to overseas investors for oil and gas derivatives. 📌Eight foreign investors in Adani Group look to settle violation issues with regulator. 📌Tata Sons to stop on-lending bank borrowings to group firms to avoid NBFC upper layer tag. 📌Adani Green Energy to raise up to $ 500 million from at least two European funders.

Vedanta group firm Hindustan Zinc's earnings show for the fourth quarter saw its net profit decline 21 percent on depressed zinc prices. Hindustan Zinc reported a 21 percent on-year fall at Rs 2,038 crore, hit by falling zinc prices around the world as demand grows at a slower pace than supply. However, despite the fall in profit, brokerages bumped up their target prices on the metal player.

After no official confirmation from either Israel or Iran about Tel Aviv's drone airstrike in Tehran, the Indian stock market witnessed a strong pullback rally on Friday last week. Stocks to buy today: 💰Tata Consumer Products: Buy at ₹1140, target ₹1180, stop loss ₹1110. 💰Tata Motors: Buy at ₹963, target ₹995, stop loss ₹945. 💰Marico: Buy at ₹505, target ₹525, stop loss ₹495.

As India gears up for soaring temperatures this summer, consumer durables are poised to witness a significant surge in demand, fueling a robust economy. Forecasts by the India Meteorological Department (IMD) indicate above-normal maximum temperatures from April to June, coupled with heightened heatwave days in various regions across the country.

The Reserve Bank of India has directed all regulated payment companies to track high-value or suspicious transactions during the course of general elections, according to multiple senior executives in the know. In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms.

HDFC Bank managing director Sashidhar Jagdishan said the lender will not be chasing growth for the sake of growth and will be delighted even if the margins remain at the current levels . Addressing analysts on Saturday, soon after the bank declared its fourth quarter results, he declined to give any guidance but said the bank will have a positive bias towards growth over the next 2-3 years.

By Ajit Mishra Markets edged lower amid excessive volatility and lost over one and a half percent, tracking feeble global cues. The tone was negative from the beginning, which further deteriorated with a decline in world indices however rebound on Friday trimmed some losses. Finally, both the benchmark indices, Nifty and Sensex, settled at 22,147 and 73,088.33 levels respectively.