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Wall Street stock indexes opened higher on Thursday as Nvidia's shares jumped, while investors assessed economic data and watched developments around the high-stakes U.S.-China summit.
Aristotle’s quote highlights that humans are inherently social beings who thrive in communities. The philosopher’s timeless insight continues to resonate in today’s interconnected world, shaped by relationships, society, and collective life.
Legendary investor Lou Simpson emphasised that predicting short-term market swings is unlikely to yield consistent results due to inherent unpredictability. Focusing on long-term business fundamentals and patience allows for compounding wealth, rather than succumbing to emotional reactions driven by daily market noise. Successful investing involves managing uncertainty through discipline and a long-term perspective.
Domestic equities rallied for a second day on Thursday, with banks, metals and pharma powering gains even as IT lagged, while several major stocks saw sharp moves on earnings and announcements.
Mamata Banerjee appeared in court to argue against post-poll violence claims, alleging police inaction. The Bar Council of India has requested details on her legal enrollment status after serving as chief minister from 2011 to 2026.
The Tamil Nadu government has announced a 2% increase in Dearness Allowance for state employees and teachers, raising it from 58% to 60%, effective 1 January 2026. This will incur an additional annual cost of ₹1,230 crore.
A washout grants both teams one point. Punjab reaches 14 points, jeopardising their Top-2 ambitions. But, if there's a full match, the stakes are high for Punjab. We asked ChatGPT who'll win.
India is considering reducing taxes on foreign investments in its bonds to attract long-term capital and stabilize the rupee. This move aims to offset currency risk concerns that have deterred foreign investors, particularly from the bond market, following withdrawals from equities. The policy's success hinges on the extent of tax relief and investment limits.
Delhi CM Rekha Gupta announced two days of work from home for government offices, mandatory Metro use for ministers on Mondays, and a voluntary no-vehicle day weekly to promote fuel conservation as part of a broader initiative.
Hudco posted a 172% rise in Q4 consolidated net profit to Rs 1,981 crore, driven by higher interest income and a substantial deferred tax gain. Revenue from operations climbed 25%, while annual profit rose 49%. The board also recommended a final dividend of Rs 1.5 per share for FY26.
Tata Motors Passenger Vehicles saw its net profit drop 32% year-on-year to Rs 5,783 crore. Revenue from operations grew 7% to Rs 1.05 lakh crore. The company recommended a final dividend of Rs 3 per share. JLR faced a challenging year with revenue and profit impacted by several factors.
During high-level discussions, EAM Jaishankar emphasised the need for effective responses to energy, food, and health security challenges, safe maritime flows, and securing supply chains.
A surge in block trades is signaling a potential revival in India’s equity capital markets after a sluggish start to 2026. Large deals, including stake sales in Adani Ports and Special Economic Zone and investment platform Groww, have pushed May block trade proceeds to Rs 200 billion, the highest this year, boosting optimism amid weak IPO fundraising and underperformance in Indian equities.
The Indian rupee hit an all-time low, driven by high oil prices and portfolio outflows straining the economy. Policymakers are considering tax reductions for foreign investors on bonds to attract dollar inflows. Persistent balance of payments deficits and rising wholesale inflation signal ongoing rupee weakness.
JSW Steel reported a significant 11-fold surge in consolidated net profit for the March quarter, reaching Rs 16,370 crore. This impressive growth was accompanied by a 14% year-on-year increase in revenue from operations, which stood at Rs 51,180 crore for Q4FY26.
Nvidia rose 1.9% in premarket trading, giving the chipmaker a market valuation of $5.9 trillion, after Reuters reported citing sources that the U.S. has cleared about 10 Chinese firms to buy its second-most powerful AI chip, the H200
Indian Railway Finance Corporation reported a largely flat Q4FY26 performance, with net profit inching up to Rs 1,684 crore from Rs 1,682 crore a year earlier. Revenue, however, rose 9% year-on-year to Rs 7,336 crore, reflecting steady growth in business operations.
