Market

The total order value of ₹2,037 crore, is 55% of Patel Engineering’s overall market capitalisation, which stood at over ₹3,700 crore as of closing on Thursday. Source

Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, along with the sense that it will take a while to fix them. Source

Rupee strengthens against US dollar due to rising forex reserves, but geopolitical tensions may impact future stability. Source

The KSE-100 lost 1,204 points on Wednesday owing to a shift in investors’ stance towards caution amid geopolitical tensions, according to a note by Pakistan-based brokerage Topline Securities’ sales desk. Source

Reliance Industries stock soars 4% after reporting 2.4% rise in Q4 net profit, becoming top Sensex gainer. Source

At the start of this series, the open interest stood at 1.15 crore shares, which is lower than the last three months. The figure is the lowest since the January series. Source

Gold prices on MCX and international markets fell due to weak global cues and muted spot demand. Source

Nissan Motor Co. warned it will post a net loss of as much as ¥750 billion ($5.3 billion) for the fiscal year that ended in March — a record annual deficit — as restructuring charges weigh on the struggling Japanese carmaker. Source

BSE Sensex closes above 80,000 on rally in Reliance Industries, private banks, and foreign fund inflows amid border tensions. Source

Mphasis won deals worth $390 million during the quarter, which was the highest in the last seven quarters. As much as 59% of its deal wins were AI-led, according to its investor presentation. Source