Asian markets traded mixed on Friday following overnight losses on Wall Street amid broad-based selling across asset classes.
The US stock market ended lower on Thursday as investors remained cautious about the outlook for interest rate cuts amid inflation worries driven by rising oil prices.
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 | 305.73 | -0.57 | -0.19% | 306.68 | 301.00 | 350.15 | 142.66 |
Apple | 248.96 | -0.98 | -0.39% | 251.83 | 247.30 | 288.61 | 169.21 |
Meta | 606.70 | -8.98 | -1.46% | 613.00 | 602.26 | 796.25 | 479.80 |
Tesla | 380.30 | -12.48 | -3.18% | 387.27 | 378.73 | 498.82 | 214.25 |
Netflix | 91.74 | -2.96 | -3.13% | 95.75 | 90.78 | 134.12 | 75.01 |
Amazon | 208.77 | -1.10 | -0.52% | 209.12 | 206.05 | 258.60 | 161.43 |
Microsoft | 389.02 | -2.77 | -0.71% | 392.49 | 387.06 | 555.45 | 344.79 |
Dow Jones | 46021.43 | -203.72 | -0.44% | 46247.22 | 45733.70 | 50512.79 | 36611.78 |
Nasdaq | 24355.28 | -69.82 | -0.29% | 24462.15 | 24100.88 | 26182.10 | 16542.20 |
Source: Equitymaster
At present, the BSE Sensex is trading 827 points higher, and the NSE Nifty is trading 242 points higher.
Tata Steel, SBI, and Tech Mahindra are among the top gainers today.
HDFC Bank on the other hand are among the top losers today.
The BSE 150 Midcap index is trading 1.5% higher, and the BSE 250 Smallcap index is trading 1.1% higher.
Sectoral indices are trading positively today, with stocks in the banking sector and metal sector witnessing selling pressure.
The rupee is trading at Rs 92.9 against the US dollar.
Tata Elxsi Terumo Innovation Partnership Launch
Tata Elxsi, a global leader in design and technology services, has partnered with Terumo Corporation, a leading medical innovation company, to inaugurate the Terumo-Tata Elxsi Offshore Development Center.
This dedicated center will support the development of Terumo's cardiac and vascular solutions, enhancing engineering and innovation capabilities while enabling continuous lifecycle support for global markets.
The facility integrates multidisciplinary teams, combining Tata Elxsi's strengths in design, engineering, verification, regulatory compliance, and localisation with advanced technologies such as AI, GenAI, and digital engineering. This approach is expected to accelerate product development, enable regional customization, and meet the rising demand for patient-centric medical devices with improved cost efficiency and differentiation.
The collaboration also aims to enhance the reliability and performance of cardiac and vascular technologies, supporting their wider global accessibility while ensuring compliance with industry standards and evolving healthcare needs.
NTPC Partners Octopus Energy for Clean Power
NTPC Limited, India's largest power utility, has signed an MoU with Octopus Energy Group to explore working together in the energy sector.
The agreement was signed during the Bharat Electricity Summit 2026, held under the Ministry of Power.
Under this partnership, both companies will look at opportunities in areas like electricity distribution, renewable energy, energy storage, EV charging, and digital energy platforms. They also plan to collaborate on innovation, research, and skill development.
The partnership is non-binding and focuses on exploring future opportunities in India, the United Kingdom, and other regions.
Overall, the goal is to improve energy efficiency, make power more affordable and reliable, and support the shift toward clean energy.
TCS & ABB Sign Mou for Digital Transformation
Tata Consultancy Services (TCS) has signed a Memorandum of Understanding (MoU) with ABB to expand their strategic partnership across technology and industrial solutions.
The collaboration will focus on areas such as IT infrastructure, digital transformation, industrial AI, data centres, and other emerging technologies. The aim is to drive innovation, improve operational efficiency, and support long-term sustainable growth.
Under this agreement, ABB will contribute its expertise in electrification and automation, while TCS will bring its strengths in AI, data, and engineering services. Together, they will work on modernising IT systems, developing AI-driven factory solutions, and exploring opportunities in AI infrastructure.
The partnership will also support TCS' data centre expansion plans in India and help ABB scale its innovations globally.
Overall, the collaboration aims to build smarter, more efficient, and future-ready industrial solutions.
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