Asian markets traded lower on Thursday, amid doubts over the two-week US-Iran ceasefire deal.
US stock market ended sharply higher on Wednesday after the two-week ceasefire agreement between the United States and Iran lifted investor sentiment.
Here's a table showing how US stocks performed on Wednesday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 314.74 | 10.81 | 3.56% | 319.39 | 312.71 | 350.15 | 145.82 |
Apple | 258.9 | 5.4 | 2.13% | 259.75 | 256.53 | 288.61 | 171.89 |
Meta | 612.42 | 37.37 | 6.50% | 629.95 | 591.83 | 796.25 | 479.8 |
Tesla | 343.25 | -3.4 | -0.98% | 364.5 | 339.67 | 498.83 | 222.79 |
Netflix | 99.39 | 0.57 | 0.58% | 100.4 | 97.44 | 134.12 | 75.01 |
Amazon | 221.25 | 7.48 | 3.50% | 226.1 | 219.62 | 258.6 | 165.29 |
Microsoft | 374.33 | 2.04 | 0.55% | 385 | 371.41 | 555.45 | 353.31 |
Dow Jones | 47909.92 | 1325.46 | 2.85% | 48017.09 | 46978.17 | 50512.79 | 37275.69 |
Nasdaq | 24903.17 | 700.79 | 2.90% | 25045.36 | 24756.93 | 26182.1 | 17082.36 |
Source: Equitymaster
At present, the BSE Sensex is trading 359 points lower, and the NSE Nifty is trading 73 points lower.
Tata Steel, NTPC, Bharat Elec are among the top gainers today.
Infosys, ICICI Bank, and Bajaj Finance, on the other hand, are among the top losers today.
The BSE 150 Midcap index is trading 3.5% higher, and the BSE 250 SmallCap index is trading 3.5% higher.
Sectoral indices are trading mixed today, with stocks in the metal sector and the power sector witnessing buying. Meanwhile, stocks in the IT sector and the banking sector witnessed selling pressure.
The rupee is trading at Rs 92.6 against the US dollar.
Bosch Expands into Vehicle Safety Systems
Bosch Limited is planning to grow its business in India by buying the entire Vehicle Motion division, which operates through Bosch Chassis Systems India Private Limited. The deal will be done using a mix of cash and shares.
In simple terms, this move helps Bosch Limited become stronger in the automotive space, especially in areas like braking systems and vehicle safety. The company it is acquiring already makes important safety technologies such as ABS, electronic stability control, airbags, and braking systems used in cars, two-wheelers, and commercial vehicles.
Even after the acquisition, Bosch Chassis Systems India will continue to run as a separate entity, but it will be owned and controlled by Bosch Limited.
Overall, this move allows Bosch Limited to offer more complete solutions to vehicle manufacturers and strengthens its position as a key player in future mobility and automotive technology.
NTPC and EDF Explore Nuclear Collaboration
NTPC Limited has entered into a non-binding Memorandum of Understanding (MoU) with Electricite de France (EDF) to explore collaboration on developing new nuclear power projects in India, following approval from the relevant Government of India ministries and departments.
This agreement provides a framework for both organizations to jointly evaluate the feasibility and potential approach for collaboration. Key areas of focus include assessing EDF's EPR nuclear technology and its suitability for Indian conditions, identifying opportunities to enhance localization for large-scale deployment, analyzing economic and tariff considerations, building human resource capabilities through training initiatives, evaluating potential project sites, and offering technical support as mutually agreed.
The partnership supports NTPC's broader strategy to diversify into clean and reliable energy sources while strengthening India's long-term energy security.
KEC International Bags Huge Project Orders
KEC International has secured new orders worth Rs 25.18 billion across its diverse business segments. In the Civil business, it has won its largest-ever Commercial Real Estate order from a leading developer in Western India.
In Transportation, KEC has secured a joint venture order for the prestigious Train Collision Avoidance System (TCAS) under India's 'Kavach' initiative.
The Power Transmission & Distribution (T&D) segment has also seen significant wins, including 400/132/66 kV transmission line projects in Africa, additional international orders for transmission lines and substations, supply of towers in Europe and the Americas, provision of hardware and poles in the Americas, and orders for various types of cables and conductors in India and overseas.
These achievements reinforce KEC International's strong presence across civil, transportation, and power T&D sectors, both domestically and globally.
Comments
Log in or sign up to join the conversation.