Gift Nifty indicates a flat to positive start for the Indian market; US Market ended lower; Asian stocks also opened higher

PRE MARKET

Gift Nifty indicates a flat to positive start for the broader index in India, with a gain of 46.5 points or 0.18 percent. The Nifty futures were trading around the 26,069 level.

Wall Street’s three major indexes lost ground on Thursday, with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft shares tumbled on worries over surging AI spending, while investors also digested a more hawkish tone from the U.S. Federal Reserve.

The Dow Jones Industrial Average fell – 109.88 points, or 0.23%, to 47,522.12, the S&P 500 lost – 68.25 points, or 0.99%, to 6,822.34, and the Nasdaq Composite lost – 377.33 points, or 1.57%, to 23,581.14.

Asian equities climbed close to their record, and US equity-index futures advanced as strong earnings from Amazon.com Inc. and Apple Inc. lifted sentiment after a brief pause in the global stock rally.

Japan’s Nikkei and the Taiwanese weighted index went up 1.09 percent and 0.45 percent.

STOCKS TODAY

Reliance Industries

The company, through Reliance Intelligence, has announced an expansive strategic partnership with Google to accelerate the adoption of Artificial Intelligence (AI) across India — empowering consumers, enterprises, and developers. Google, in collaboration with Reliance Intelligence, will begin rolling out Google’s AI Pro plan to eligible Jio users, free of charge for 18 months. This 18-month offer is valued at Rs 35,100.

LTIMindtree

The global technology consulting and digital solutions provider has launched BlueVerse with OGI (Organizational General Intelligence), a next-generation agentic IT Service Management (ITSM) platform engineered to autonomously manage the operational challenges faced by modern enterprises.

Bharat Electronics

The company has secured additional orders worth Rs 732 crore since October 22. Major orders received include software-defined radios (SDRs), tank sub-systems, communication equipment, missile components, financial management software, cybersecurity solutions, upgrades, spares, and services.

V2 Retail

The company has launched its qualified institutional placement (QIP) with a floor price of Rs 2,245.75 per share. According to CNBC-TV18 sources, the issue size may be Rs 300 crore, which can be scaled up to Rs 400 crore.

MTAR Technologies

The company has received an international order worth Rs 263.54 crore from an existing customer.

Source – Moneycontrol