PRE MARKET
GIFT Nifty indicate a positive start for the broader index in India, with a gain of 63.00 points or 0.26 percent. The Nifty futures were trading around 24,220.50 level.
US stocks fell in choppy trading on Thursday as hopes dimmed for a quick end to the Iran war, while investors grappled with a mixed bag of earnings reports as concerns resurfaced about AI-driven disruption across the software sector.
The Dow Jones Industrial Average fell 157.97 points, or 0.32%, to 49,151.35, the S&P 500 lost 29.51 points, or 0.41%, to 7,108.39 and the Nasdaq Composite lost 219.06 points, or 0.89%, to 24,438.50.
Asian equities opened lower as concerns grew that US-Iran talks were making little progress toward de-escalating the Middle East conflict, keeping the Strait of Hormuz effectively closed.
Japan’s Nikkei, Hong Kong’s Hang Seng and the the Taiwanese weighted index market traded mixed 0.31, -0.26 and 1.89 percent respectively.
STOCKS IN NEWS
Equitas Small Finance Bank
Equitas SFB has received approval from the Reserve Bank of India for the reappointment of Vasudevan P N as Managing Director and Chief Executive Officer for a period of three years, effective July 23.
Gujarat Gas
Gujarat Gas, the authorised supplier of piped natural gas in Morbi, has reaffirmed its commitment to the region’s ceramic industry by ensuring uninterrupted gas supply and price stability amid recent geopolitical disruptions.
Birla Corporation
The company has commenced mining operations at its Bikram Coal Mine, located in Shahdol, Madhya Pradesh.
The Bikram Coal Mine has extractable reserves of 9.44 million tonnes of thermal coal.
Dabur India
Herjit S Bhalla has joined the company as Chief Executive Officer – India Business, in the category of Senior Management Personnel, effective April 23.
Source – Moneycontrol
