PRE MARKET
GIFT Nifty was trading up side at around 23,440.50 and 0.16%, indicating a positive start for the Indian equity markets.
US stock market ended with strong gains on Thursday, after President Donald Trump said he canceled planned strikes against Iran.
The Dow Jones Industrial Average flat 7.59 points, or 0.01%, to 50,856.34, while the S&P 500 jumped 127.31 points, or 1.75%, to 7,394.30. The Nasdaq Composite closed 640.16 points, or 2.54%, higher at 25,809.66.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index went up 3.52, 1.83, and 2.63 percent, respectively.
STOCKS IN NEWS
Astral Ltd
The building materials company said its wholly owned subsidiary, Astral Chemie Ltd, has entered into definitive agreements to acquire a 60%stake in Differentiated and Sustainable Solutions LLP (DSS) for a total consideration of ₹39.11 crore.
Dabur India
The US Food and Drug Administration (FDA) has issued an import alert for products manufactured at a section of Dabur India’s Silvassa facility, following an inspection that identified deficiencies in data integrity and maintenance. The alert restricts the entry of the affected products into the US market.
GNG Electronics
Promoter entity Vidhi S Khandelwal offloaded 44.87 lakh shares, representing a 3.94% stake, for approximately ₹175 crore at an average price of ₹390 per share. Institutional investors, including Mirae Asset Mutual Fund, ITI Mutual Fund, Goldman Sachs, Edelweiss Mutual Fund, Trust Mutual Fund, and Mobius Investment Trust, participated in the transaction, indicating strong institutional demand for the stock.
Happiest Minds Technologies
The IT services firm launched Rel(AI)Build, its proprietary Agentic AI development platform, along with the Agentic Development Lifecycle (ADLC) framework. The company said the offerings are designed to accelerate software development, improve productivity, and drive AI-led automation across the software development lifecycle.
Infosys
The company has completed a pilot assessment of the CMMI AI Maturity (AIM) Framework, developed by the CMMI Institute to evaluate AI deployment and governance. The assessment covered AI-enabled software development, maintenance, testing, and support operations across Infosys’ delivery centres and service lines.
Source: Mint, Moneycontrol.