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PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 58 points or 0.23 percent. The Nifty futures were trading around the 25,723.5 level.
Wall Street ended sharply higher on Monday, led by big gains in Nvidia, Palantir, and other heavyweight AI-related companies following progress in Washington to end a record government shutdown.
The S&P 500 climbed +1.54% to end the session at 6,832.43 points. The Nasdaq gained +2.27% to 23,527.17 points, its biggest one-day percentage gain since May 27. The Dow Jones Industrial Average rose +0.81% to 47,368.63 points.
Asian stocks advanced for a second consecutive day as progress toward ending the record-long US government shutdown lifted sentiment, sparking a cross-asset rally from commodities to cryptocurrencies.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index went up 0.42, 0.15, and 0.88 percent, respectively.
STOCKS TODAY
Tata Motors
Tata Motors (formerly known as TML Commercial Vehicles) is set to list on the BSE and NSE on November 12 following the implementation of the Composite Scheme of Arrangement.
Alkem Laboratories
The German Health Authority conducted an EU GMP inspection at the company’s manufacturing facility in Baddi during November 4–10, which concluded with no critical or major observations.
Britannia Industries
Varun Berry has resigned as Managing Director & Chief Executive Officer of the company, effective November 10. The Board has appointed Rakshit Hargave as the new Managing Director and Chief Executive Officer, effective December 15. In the interim, N. Venkataraman, currently the Executive Director and Chief Financial Officer, will hold an additional charge as Chief Executive Officer until Rakshit Hargave assumes office.
Dr Reddy’s Laboratories
Jayanth Sridhar has resigned as Global Head of Biologics, effective January 31, 2026, to pursue aspirations outside the company.
Glenmark Pharmaceuticals
The National Medical Products Administration (NMPA) of China has approved the company’s RYALTRIS Compound Nasal Spray (GSP 301 NS), which is used for the treatment of Allergic Rhinitis (AR) in adults and children.
Source – Moneycontrol