Market

Sensex and Nifty surge nearly 1% on global market rally amid easing Middle East tensions. Source

Stock market falls 6% since Oct, experts advise ‘buy on dip’ strategy Source

Rupee closes lower against US dollar due to oil price recovery, global risk sentiments, and domestic equity market strength. Source

Vardhman Special Steels is likely to incur a capex of nearly ₹2,000 crore for its new greenfield steel plant, which is nearly the same as its market capitalisation, which currently stands at ₹2,035 crore. Source

National Stock Exchange of India offers $160 million to settle legal dispute for IPO, sources say. Source

Vetri Subramaniam, CIO of UTI Asset Management Company, said he remains constructive but selective on the power sector, noting that rising demand and the growing complexity of energy sourcing present opportunities in areas such as transmission. As of March 31, 2025, the total assets under management (AUM) stood at $161.29 billion. Source

Rupee strengthens against dollar due to weakened greenback, but gains limited by rising oil prices and FII outflows. Source

On the domestic equity market front, Sensex advanced 209.10 points, or 0.26 per cent, to 79,611.39 points. Source

Equity indices Sensex and Nifty rise on ceasefire optimism, with Sensex up 415.98 points and Nifty up 115.50 points. Source

Caplin Steriles, a subsidiary of Caplin Point Laboratories, received USFDA approval for Phytonadione Injectable Emulsion USP to treat Vitamin K deficiency. Source