Asian markets traded lower on Friday, following an overnight slump in US tech stocks.
US stock market ended mixed on Thursday amid progress toward ending the Iran war.
Here's a table showing how US stocks performed on Thursday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 369.27 | 13.59 | 3.82% | 369.86 | 354.80 | 404.44 | 163.33 |
Apple | 311.23 | 0.97 | 0.31% | 313.54 | 309.65 | 316.94 | 195.07 |
Meta | 627.57 | 4.59 | 0.74% | 642.40 | 622.43 | 796.25 | 520.26 |
Tesla | 418.45 | -5.25 | -1.24% | 426.35 | 417.16 | 498.83 | 273.21 |
Netflix | 81.56 | 0.04 | 0.05% | 83.70 | 81.37 | 134.12 | 75.01 |
Amazon | 253.79 | 3.77 | 1.51% | 255.83 | 251.75 | 278.56 | 196.00 |
Microsoft | 428.05 | 0.71 | 0.17% | 436.15 | 426.41 | 555.45 | 356.28 |
Dow Jones | 51561.93 | 874.86 | 1.73% | 51657.89 | 50986.10 | 51657.89 | 41981.14 |
Nasdaq | 30407.81 | -163.43 | -0.53% | 30541.43 | 30092.23 | 30762.20 | 21472.77 |
Source: Equitymaster
At present, the BSE Sensex is trading 175 points higher, and the NSE Nifty is trading 49 points higher.
Tech Mahindra, Bajaj Finance, and M&M are among the top gainers today.
Tata Steel, Trent, and NTPC, on the other hand, are among the top losers today.
The BSE 150 Midcap index is trading 0.5% higher, and the BSE 250 SmallCap index is trading 0.4% higher.
Sectoral indices are trading mixed today, with stocks in the telecommunication sector and the metal sector witnessing selling pressure. Meanwhile, stocks in realty sector and the banking sector witnessed buying.
The rupee is trading at Rs 95.6 against the US dollar.
CG Power Expands Capacity for Grid
CG Power has started a new Extra High Voltage (EHV) switchgear manufacturing facility in Nashik, Maharashtra.
The new plant will produce EHV circuit breakers ranging from 33 kV to 245 kV and increase the company's overall EHV circuit breaker manufacturing capacity by 80%.
The facility is equipped with advanced manufacturing and testing systems, helping CG Power meet growing demand for power transmission equipment in India and overseas.
It will support key sectors such as power utilities, railways, renewable energy, oil & gas, and transmission infrastructure projects, while also strengthening the company's export business.
The plant has been built with sustainability in mind, featuring energy-efficient systems, rainwater harvesting, water recycling, and zero liquid discharge operations to reduce environmental impact.
Housing Finance Firms Raise Fresh Debt
Aditya Birla Housing Finance and Bajaj Housing Finance together raised around Rs 27.7 bn through bond issuances on Thursday.
Aditya Birla Housing Finance raised Rs 4.4 bn through three-year bonds maturing in June 2029, carrying a coupon rate of 8.22%. The company also raised Rs 3.3 bn via a new five-year bond issue maturing in June 2031 with a coupon rate of 8.25%.
Meanwhile, Bajaj Housing Finance raised Rs 20 bn through a reissue of its existing bonds maturing in May 2029. The issue was accepted at a cut-off yield of 8.15%.
Separately, PNB Housing Finance has launched a bond issue to raise up to Rs 5 bn, including a base issue of Rs 4 bn and a greenshoe option of Rs 1 bn. The bonds, maturing in June 2031, offer an annual coupon rate of 8.35% and will be issued through the NSE Electronic Book Provider platform.
Vodafone Idea, Meta Launch Silent Verification
Vodafone Idea (Vi) and Meta have partnered to introduce Silent Mobile Verification (SMV) for Vi users across WhatsApp, Facebook, and Instagram.
The new network-based authentication solution enables seamless user verification during registration, login, account recovery, mobile number validation, and security checks without requiring one-time passwords (OTPs).
When Vi customers access Meta's platforms using the Vi mobile network, verification is completed through the network itself. This simplifies the authentication process, reduces manual steps, speeds up onboarding, and strengthens protection against phishing attacks and digital identity fraud.
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