PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 51 points or 0.20 percent. The Nifty futures were trading around the 25,306 level.
All three major Wall Street indexes ended Tuesday with their biggest one-day drops in three months, in a broad selloff triggered by concerns that fresh tariff threats from President Donald Trump against Europe could signal renewed market volatility.
All three U.S. equity benchmarks registered their worst one-day performance since October 10, with both the S&P 500 and Nasdaq Composite slipping below their 50-day moving averages.
The S&P 500 lost 143.15 points, or 2.06%, to end at 6,796.86 points, while the Nasdaq Composite gave up 561.07 points, or 2.39%, to 22,954.32. The Dow Jones Industrial Average fell 870.74 points, or 1.76%, to 48,488.59.
Asian stocks extended their losses for a third session on Wednesday, undone by heightened tensions over U.S. threats to acquire Greenland ahead of President Donald Trump’s Davos speech, while a global bond rout appeared to slow for now.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index went down -0.95, -0.05, and 0.37 percent, respectively.
STOCKS TODAY
JSW Energy
The company’s subsidiary, JSW Thermal Energy Two Limited, has signed a Power Purchase Agreement (PPA) with West Bengal State Electricity Distribution Company for a greenfield 1,600 MW (2 × 800 MW) super/ultra-supercritical thermal power plant. The project will be commissioned in Salboni, West Bengal, within six years.
HDFC Bank
The Reserve Bank of India (RBI) has approved the reappointment of Kaizad Bharucha as the Whole-time Director (Deputy Managing Director) of HDFC Bank for a further period of three years, effective April 19, 2026.
HCL Technologies
The global technology company has announced a partnership with Carahsoft Technology Corp, a trusted government IT solutions provider, to accelerate digital transformation in the US public sector.
Highway Infrastructure
The company has received a Letter of Award (LoA) from the National Highways Authority of India (NHAI) for engagement as the user-fee agency at the Mundka Fee Plaza, located on the strategically significant Urban Extension Road-11 (UER-11) corridor connecting Delhi and Haryana. The project, valued at Rs 64.68 crore, involves the operation and collection of user fees at the Mundka Toll Plaza, along with the upkeep and maintenance of associated facilities, including toilet blocks and consumables.
RBL Bank
The Competition Commission of India (CCI) has approved the proposed acquisition of a certain shareholding in RBL Bank by Emirates NBD Bank (P.J.S.C.).
Embassy Developments
The company announced its expansion into the Mumbai Metropolitan Region (MMR), with plans to invest Rs 4,500 crore to expand its Mumbai footprint through three marquee residential projects in Worli, Juhu, and Alibaug. Collectively, the projects represent a combined Gross Development Value (GDV) of over Rs 12,000 crore and a total development footprint of approximately 1.58 million square feet (RERA carpet area). Project launches are scheduled to commence from Q4 FY2026.
Source – Moneycontrol
