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PRE MARKET
Gift Nifty indicate a muted start for the broader index in India. The Nifty futures were trading flat around 24,417.50 level.
The US Market ended low following the statement by Federal Reserve Chairperson Jerome Powell, that a significant increase in tariffs could higher inflation, slower growth and rising unemployment. He also added that there is a possibility that inflation could remain persistent.
The Dow Jones Industrial Average lowered 224.09 points, or 0.55%, to 41,336.07, the S&P 500 decreased 24.37 points, or 0.43%, to 5,631.28, and the Nasdaq Composite shed 48.50 points, or 0.27%, to 17,738.16.
Asian stocks traded in a tight range at the open after the Federal Reserve reiterated it isn’t in a rush to lower interest rates, and investors awaited the trade negotiations between China and the US before taking risky bets.
Japan’s Nikkei, Hang Seng and Taiwanese weighted index has seen a rise of 0.17, 0.59 and 0.30 percent respectively. But, Singapore’s Straits Times has seen a downfall of over 0.5 percent.
STOCKS TODAY
KFin Technologies
General Atlantic PE is likely to sell approximately 6% of the total shares outstanding in the company via block deals, reports CNBC-TV18, quoting sources.
Mahindra and Mahindra
The company’s production grew by 20.3%, reaching 85,925 units in April 2025, compared to 71,445 units in the same month the previous year. Sales for April increased by 17.7%, totaling 80,789 units, and exports surged by 82%, to 3,381 units compared to the corresponding month last year.
Nazara Technologies
The National Company Law Tribunal (NCLT), Mumbai, has approved the company’s resolution plan for the acquisition of Smaaash Entertainment.
Bharti Airtel
The telecom operator added 12.50 lakh subscribers in March 2025, compared to an addition of 15.93 lakh users in February.
Source – Moneycontrol
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