PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 46 points or 0.18 percent. The Nifty futures were trading around the 25,756 level.
US stocks managed to eke out slight gains on Tuesday after struggling in the early stages of trading, as technology shares rebounded from earlier lows and financial stocks also provided support.
The Dow Jones Industrial Average rose 32.26 points, or 0.07%, to 49,533.19, the S&P 500 gained 7.05 points, or 0.10%, to 6,843.22, and the Nasdaq Composite gained 31.71 points, or 0.14%, to 22,578.38.
Asian stocks rose modestly in thin holiday trading after US equities whipsawed, with investors concerned about the outlook for AI following days of turbulence that pulled key gauges back from record highs.
Japan’s Nikkei and Hong Kong’s Hang Seng went up 1.18 percent and 0.52 percent, respectively.
STOCKS IN NEWS
Infosys
The digital services and consulting company has unveiled its AI-first value framework to help global enterprises unlock AI value at scale, harnessing the power of its industry-leading generative and agentic AI suite, Infosys Topaz. This move is expected to enable the company to tap into an incremental AI-first services opportunity of $300–400 billion by 2030, according to a recent Nasscom–McKinsey report.
Saatvik Green Energy
The company’s subsidiary, Saatvik Solar Industries, has received an order worth Rs 44.10 crore from a renowned independent power producer/EPC player for the supply of solar PV modules.
Hexaware Technologies
The IT services and solutions provider announced the launch of an open version of RapidX, featuring native integration with Replit, an AI platform that enables users to turn natural-language descriptions into secure, production-ready enterprise software. This integration enables RapidX, Hexaware’s agentic AI platform for software engineering, to help enterprises move faster from rapid prototyping to production-ready applications.
Eternal
The company said it has expanded its strategic collaboration with OpenAI to enhance artificial intelligence (AI) capabilities across its businesses, including Zomato, Blinkit, District, and Hyperpure, along with its partner platforms and internal systems.
Dilip Buildcon
The company has been declared the L-1 bidder for a project worth Rs 702 crore from the Narmada Water Resources, Water Supply & Kalpasar Department, Government of Gujarat. The project involves the construction of a flood protection embankment on the River Narmada in Bharuch.
Source – Moneycontrol
