PRE MARKET
Gift Nifty indicates a strong opening for the broader index in India, with a gain of 679 points or 2.93 percent. The Nifty futures were trading around the 23,816.50 level.
US stocks ended mixed on Tuesday amid signs of progress in negotiations as the minutes ticked down to President Donald Trump’s deadline for Iran to open the Strait of Hormuz.
The Dow Jones Industrial Average fell 85.42 points, or 0.18%, to 46,584.46, the S&P 500 gained 5.02 points, or 0.08%, to 6,616.85, and the Nasdaq Composite gained 21.51 points, or 0.10%, to 22,017.85.
Asian stocks surged after the US and Iran agreed to a two-week ceasefire, giving markets a respite from the turbulence driven by the Middle East conflict.
Japan’s Nikkei and Hong Kong’s Hang Seng index went down -0.20 and -0.71 percent, respectively, while the Taiwanese weighted index went up 1.10 percent.
STOCKS IN NEWS
Infosys
The company announced a strategic collaboration with Harness to accelerate agentic AI-led software delivery transformation for enterprises globally.
GAIL (India)
The company has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier Energy Fidelity. The charter party agreement was executed between GAIL and Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas.
Biocon
The global biopharmaceutical company announced the commercial launch of Bosaya (denosumab-kyqq) and Aukelso (denosumab-kyqq) in the United States. Both products were previously approved and granted an interchangeable designation by the US Food and Drug Administration in September 2025.
Aditya Birla Capital
The Competition Commission of India has approved a primary capital investment of around Rs 2,750 crore in the company’s subsidiary, Aditya Birla Housing Finance, from Indriya, one of the entities of Advent International.
Swan Defence and Heavy Industries
The company has received a new order worth Rs 1,500–3,000 crore from Energy ONE for the construction of four 92,500 DWT dual-fuel ammonia bulk carriers. These will be the first ammonia dual-fuel ships built in India. The first vessel is expected to be delivered in October 2029.
Source – Moneycontrol
