PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 60 points or 0.25 percent. The Nifty futures were trading around the 23,944 level.
US stocks advanced on Thursday, as ongoing negotiations toward a peaceful resolution to the six-week Middle East conflict helped ease worries over the fragile U.S.-Iran truce.
The Dow Jones Industrial Average rose 275.88 points, or 0.58%, to 48,185.80, the S&P 500 gained 41.85 points, or 0.62%, to 6,824.66, and the Nasdaq Composite gained 187.42 points, or 0.83%, to 22,822.42.
Asian stocks ticked up early on Friday, but gains were capped as traders questioned the durability of this week’s U.S.-Iran ceasefire and remained wary of fragile hopes for Israel-Lebanon peace talks.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index went up 1.49, 1.07, and 1.13 percent, respectively.
STOCKS IN NEWS
Wipro
The Board will consider a proposal to buy back equity shares of the company, along with the announcement of results for the fourth quarter ended March 2026, on April 16.
HDFC Life Insurance Company
The Board will consider a proposal on April 16 for raising funds by issuing equity shares through a preferential issue, along with the announcement of audited standalone and consolidated financial results for the quarter and year ended March 2026, and the recommendation of a final dividend, if any.
Tata Steel
The company has completed the acquisition of the remaining 10,000 equity shares (0.01 percent stake) in its subsidiary, Tata Steel Colours, from BlueScope Steel Asia Holdings Pty Ltd for Rs 0.03 crore. Post this transaction, the company’s shareholding in Tata Steel Colours has increased from 99.99 percent to 100 percent, and accordingly, Tata Steel Colours has become an indirect wholly owned subsidiary of the company.
IFB Industries
The Board has approved the appointment of Manoj Kumar Vijay as an Additional Director in the category of Non-Executive Independent Director for a period of two years, effective April 9. It has also appointed Sandeep Joseph Abraham as Managing Director and Chief Executive Officer for a period of five years, effective from the same date.
Eicher Motors
Royal Enfield has launched its first electric motorcycle, the Flying Flea C6, priced at Rs 2.79 lakh. The FF.C6 will be available from April 10 at the first Flying Flea store in Jayanagar, Bengaluru, with deliveries set to begin at the end of May 2026.
Source – Moneycontrol
