Vedanta has welcomed bids for natural gas from its Barmer field in Rajasthan at a floor price of $7.1 per mmBtu. According to the e-auction document, the company has decided to auction 0.10 million metric standard cubic meters a day of natural gas on May 12. It is reported that the supplies will start no later than June 1 and end on May 31, 2023.

Recent Bitcoin Mining Council data indicates that the mining industry is rapidly adopting sustainable energy sources to produce the largest crypto blockchain. The Bitcoin Mining Council (BMC) is a group of 44 Bitcoin mining firms asserting to represent 50% of the global Bitcoin network. The Group improved the sustainable energy mix by approximately 59% year over year.

Benefitting from the support of Dogecoin's recent price rally, the top meme tokens by market capitalization saw a significant jump on Monday. In the last 24 hours, Shiba Inu, Dogelon Mars, and Floki Inu witnessed 2-13% gains. Dogecoin (DOGE) is still up 18.8% today, and the entire meme token economy is worth $35.8 billion, up 9.4% today.

Palm oil rallied as traders judged the severity of Indonesia’s ban on cooking oil exports sparked wild swings in the market. The exports of only RBD palm olein will be halted by Indonesia while shipments of crude palm oil will be allowed to continue. Palm oil futures rallied 2.7% to 6,396 ringgit a ton as of 10:33 a.m. in Kuala Lumpur after a volatile day of trading.

Children's clothing and merchandise manufacturer FirstCry is eyeing to garner $1 billion via the public listing. Kotak Mahindra Capital and Morgan Stanley had been onboarded by the kidswear brand for the proposed maiden issue. According to sources, the IPO IPO will be a combination of primary and secondary issue of shares and it may be the first pure play listing of its kind.

With rising inflation, the long-term bond yields are expected to move up. But, looking at 10-year bond yields across developing and emerging economies, they are maintaining their stance at historically low levels and keeping real interest rates negative. This is particularly bad in the US, UK and Eurozone, which must be because markets aren’t convinced that the central banks will raise rates.

₹1400 crore worth of Campus Activewear's maiden issue is going to hit the primary market today. The IPO will close on 28th April 2022. Currently, the grey market has turned bullish on the public offer. Market observers suggest that shares of Campus Activewear are available at a premium of ₹72 in the grey market today. notably, Anand Rathi has given a 'subscribe' tag to the IPO.

Petrol and diesel costs remained unaltered for the 20th day in a row on April 26. Since the 4.5-month-long hiatus in rate revision on March 22, fuel costs zoomed by Rs 10 per litre each via 14 revisions. Following this, petrol in Delhi is available at Rs 105.41 per litre and diesel at Rs 96.67 per litre. In Mumbai, petrol and diesel prices stood at Rs 120.51 and Rs 104.77 per litre respectively.

Maple Finance agreed to provide added support to the Solana blockchain by deploying a $45 mn fund to spur ecosystem growth. Crypto capital markets platform deals in offering undercollateralized loans for institutional borrowers on Ethereum (ETH) and now Solana (SOL) from several pool delegates. The ecosystem fund is in partnership with DeFi lending platform X-Margin, Circle, and others.

Dogecoin surged by 10% from an intraday low on Tuesday as soon as news broke out that Twitter is about to accept Tesla CEO Elon Musk’s $43 billion offer. The Tesla Chief has also put forth a proposal of an option to pay in DOGE on the Twitter platform. This speculation has offered the much-needed drive to the largest meme cryptocurrency by market cap.

Experts have predicted that HDFC Life Insurance Company will report 12% on year growth in consolidated net profit on April 26 when it declares results for the quarter ended March. Its net profit is expected to settle at Rs 355 crore supported by its well-balanced product mix and a strong distribution mix as well as reasonable growth in annual premium equivalent (APE).

After Twitter agreed to Elon Musk's acquisition deal, Wall Street zoomed on Monday, with the Nasdaq ending sharply higher. Twitter settled at 5.6% after declaring the deal. The S&P 500 traded in negative territory for much of the session but unfolded gains after Twitter's announcement. The S&P 500 growth index settled at over 1%, also bouncing back from an earlier decline.

The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty improved by 116 points, or 0.68 per cent, to 17,111 on Tuesday. The index movement suggested that Dalal Street was headed for a positive start on Tuesday. Several Asian stocks also started on a positive note on Tuesday as investors cheered gains on Wall Street while keeping a cautious eye on Chinese shares.

✅ SGX Nifty improved by 0.5% to 17,087 points as of 6:40 am. ✅ Asian stocks were mixed Tuesday; equities were volatile in Japan, gained in South Korea and plunged in Australia. ✅ Crude oil prices traded below $100 a barrel today. ✅ Bank of India nodded to the capital raising plan upto Rs.2,500 cr. ✅ Campus Activewear will open its maiden issue today as a price band of Rs 278-292.

Around Twenty companies are expected to announce their Q4'FY22 results today (April 26, 2022). A few of the important ones include ✅ Bajaj Finance Ltd., ✅ HDFC Life Insurance Company Ltd., ✅ Macrotech Developers Ltd., ✅ United Breweries Ltd., and ✅ Sanofi India Ltd. How will the market react today? Stay tuned for more updates from FlipitMoney!