PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 94 points or 0.38 percent. The Nifty futures were trading around the 24,880 level.
Wall Street’s main indexes closed lower on Friday as investors viewed President Donald Trump’s nomination of former Federal Reserve Governor Kevin Warsh as a hawkish choice to succeed Federal Reserve Chair Jerome Powell, while also digesting earnings reports and a high inflation reading.
The Dow Jones Industrial Average fell 179.09 points, or 0.36%, to 48,892.47, the S&P 500 lost 29.98 points, or 0.43%, to 6,939.03, and the Nasdaq Composite lost 223.30 points, or 0.94%, to 23,461.82.
Asian share markets mostly followed Wall Street futures lower on Monday as chaotic trading in silver made for a nervous start to a week that is packed with corporate earnings, central bank meetings, and major economic data.
Japan’s Nikkei went up 0.33 percent, while Hong Kong’s Hang Seng and the Taiwanese weighted index went down -1.34 and -1.69 percent, respectively.
STOCKS IN NEWS
Mphasis
Elango R has resigned as President of Enterprise 5, North America of the company. Consequently, he has ceased to be a Senior Management Personnel of Mphasis.
Tourism Finance Corporation of India
The company has decided to act as an investor of up to 5 percent of the corpus in Oxyzo Credit Fund I, a debt-focused, diversified sectors Category II Alternative Investment Fund (AIF).
Gabion Technologies India
The company has received vendor approval / a Notice of No Objection (NONO) for its rock catch fence/barrier system for use in Package C3 of the Mumbai–Ahmedabad High-Speed Rail (MAHSR) project. Package C3 of the MAHSR project has been awarded to Larsen & Toubro Construction and includes the execution of civil works such as viaducts, tunnels, earthworks, and slope protection systems.
India Homes
Lloyds Enterprises has purchased 71 lakh shares, equivalent to 1.78 percent of the paid-up equity, in India Homes at Rs 13.8 per share for a total consideration of Rs 9.79 crore. Meanwhile, MK Banka (HUF) sold 68.25 lakh shares at the same price. As per the December 2025 shareholding pattern, Lloyds Enterprises held a 3.43 percent equity stake in India Homes.
Onward Technologies
Rational Equity Flagship Fund I, backed by Krishnamurthy Narayanan Iyer, former India CEO of Walmart, has acquired 1.14 lakh shares, representing a 0.5 percent stake, in Onward Technologies at Rs 348.16 per share for a total value of Rs 3.99 crore.
Source – Moneycontrol
