Asian markets traded mostly higher on Friday, tracking overnight gains on Wall Street as investors shrugged off the US government shutdown.

US stock market indices ended at a fresh record on Thursday, led by technology stocks, even as a US government shutdown dragged into a second day.

Here's a table showing how US stocks performed on Thursday:

Source: Equitymaster

At present, the BSE Sensex is trading 111 points lower, and the NSE Nifty is trading 48 points lower.

Tata Steel, Axis Bank, Bharat Elec are among the top gainers today.

M&M, HDFC Bank, and ICICI Bank, on the other hand, are among the top losers today.

The BSE Midcap index is trading 0.3% higher, and the BSE Smallcap index is trading 0.6% higher.

Sectoral indices are trading mixed today, with stocks in the energy sector and the oil & gas sector witnessing selling pressure. Meanwhile, stocks in the metal sector and the services sector witnessed buying.

The rupee is trading at Rs 88.6 against the US dollar.
 

Waaree Energies Boosts Green Tech Capacity

Waaree Energies Ltd., a manufacturer of solar panels, announced that its board had authorised significant capacity expansions across all its clean energy businesses, requiring a total capital expenditure of approximately Rs 81.7 billion (bn).

The company has plans to increase the capacity of its Lithium-Ion Advanced Chemistry Storage Cell and Battery Energy Storage System (BESS) manufacturing facility from 3.5 GWh to 20 GWh. Waaree Energy Storage Solutions Private Limited, its wholly owned subsidiary, will require an additional investment of roughly Rs 80 bn.

Additionally, the board authorised Waaree Clean Energy Solutions Private Limited to increase the yearly production capacity of its electrolyser manufacturing plant from 300 MW to 1,000 MW, which would require an additional capital expenditure of roughly Rs 1.2 bn.

Additionally, Waaree Power Private Ltd. will receive an investment of roughly Rs 0.5 bn to increase the capacity of the inverter manufacturing plant from 3 GW to 4 GW.
 

V-Mart Retail's Q2 revenue surges 22%

V-Mart Retail Ltd reported a strong September quarter of FY26 with total revenue from operations increasing 22% year over year to Rs 8.1 bn from Rs 6.6 bn the previous year.

The V-Mart and Unlimited formats contributed equally to the company's 11% same-store sales growth (SSSG) during the quarter.

By closing two underperforming locations and opening 25 new ones, the retailer continued its expansion drive, increasing its total number of stores to 533 as of 30 September 2025. Five of the new stores are in Karnataka, four in Uttar Pradesh and Bihar, two in West Bengal and Jharkhand, and one each in Maharashtra and Jammu & Kashmir.

V-Mart maintains its reputation as an inexpensive retailer by running small-format hypermarkets aimed at budget-conscious shoppers.
 

Hyundai India Sales Surge 10% In September

Hyundai Motor India announced that its total sales in September had increased by 10% year over year to 70,347 units.

According to a statement from the South Korean automaker, 64,201 units were sold in September 2024.

According to the report, domestic vehicle dispatch to dealers increased slightly last month, from 51,101 units to 51,547 units during the same period last year.

Its exports rose to 18,800 units last month from 13,100 units the previous year.

Due to strong customer interest across all segments and lively festive demand, the company's domestic sales in September totalled 51,547 units.

September's exports reached 18,800 units, a nearly 44% year-over-year increase and the company's highest export volume in the previous 33 months since December 2022.

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