PRE MARKET
Gift Nifty indicate a flat to positive start for the broader index in India, with a gain of 28 points or 0.12 percent. The Nifty futures were trading around 24,369.50 level.
US stocks closed slightly lower on Monday, with each of the three major indexes coming off a third straight week of gains, as renewed U.S.-Iran tensions put the durability of a two-week ceasefire in question.
The Dow Jones Industrial Average shed 4.87 points, or 0.01%, to 49,442.56, the S&P 500 lost 16.92 points, or 0.24%, to 7,109.14 and the Nasdaq Composite declined 64.09 points, or 0.26%, to 24,404.39.
Asian stocks edged higher as signs Iran may join talks with the US fostered cautious optimism about progress in the Middle East ahead of a looming ceasefire deadline.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index edged up 1.06, 0.20, and 2.05 percent respectively.
STOCKS IN NEWS
TVS Motor Company
TVS Motor Company has entered into a Joint Development Agreement (JDA) with Hyundai Motor Company for the development, manufacturing, and commercialisation of electric micromobility three-wheelers (including their versions or variants). Additionally, the company announced its official entry into the Zambian market. To strengthen its African footprint, it has appointed Zamoto Manufacturing as its official distributor, ensuring a robust sales, service, and spare parts network across the country.
JSW Steel
The company has signed a joint venture agreement with South Korea’s POSCO to set up a 6 mtpa greenfield steel plant in Odisha.
Apeejay Surrendra Park Hotels
Apeejay Surrendra has signed two hotel management agreements for the development of Zone Connect by The Park in Ayodhya and Zone Connect by The Park in Ujjain, marking a strategic expansion into two of India’s most prominent spiritual destinations.
AU Small Finance Bank
The bank said its board will consider fundraising via qualified institutional placement (QIP), preferential allotment, or other alternative modes on April 27. On the same day, it will also announce its financial results for the quarter and financial year ended March 2026, and may recommend a dividend on equity shares, if any, for FY26.
Source – Moneycontrol
