As of 3:30 p.m., the Dow Jones Industrial and S&P 500 futures were trading 0.05% and 0.04% higher, respectively. The Nasdaq 100 futures was 0.06% higher.
US: Housing Stats — 7:00 p.m.
US: Federal Open Market Committte Meeting Minutes — 12:30 a.m.
US: Federal Reserve Governor Philip Jefferson will speak at the Martin H. Crego Lecture in Economics, in New York — 3:30 a.m.
Australia: Employment Change — 6:00 a.m.
Australia: Unemployment Rate — 6:00 a.m.
China: One-year Loan Prime rate and Five-year Loan Prime Rate — 6:30 a.m.
China: Foreign Direct Investment
Europe: German PPI — 12:30 p.m.
IndusInd Bank has partnered with the Professional Golf Tour of India as its exclusive banking partner.
Ashok Leyland has secured a Rs 298 crore order to supply low-floor, fully built buses to the Tamil Nadu State Transport Corporation.
Most share indices in the Eurozone were trading on a mixed note as traders parsed UK CPI data. UK's headline inflation rose 3% on the year in January against 2.8% estimated by analysts.
The Euro Stoxx 50 and DAX were trading 0.05% and 0.29% higher, respectively. The FTSE 100 and CAC 40 were trading 0.19% and 0.10% down, respectively as of 1:49 p.m.
PVR Inox Ltd. intends to challenge the Bangalore district consumer redressal commission that ordered to pay Rs 1.2 lakh to a customer for long advertisements.
The company believes that it has a "strong" case and reiterated that it did not engage in unfair trade practices, according to a statement. "Have always adhered to legal and regulatory requirements"
The Bangalore consumer court had levied Rs 1.2 lakh penalty on PVR to be paid to customers who argued long advertisements ahead of movie screenings.
Source: PVR statement
Pharma Stocks Have Seen Over Rs 2 Lakh-Crore Market Cap Erosion On Trump's Tariff Scare
Raymond experienced a cyber security incident that affected some of its IT assets, but core systems and customer operations remained unaffected.
Jefferies Research is optimistic on Indian two-wheeler companies despite some moderation in growth this year — with firms seeing divergent growth. The brokerage also is cautious on Ola Electric Ltd., given the losses in market share.
Read the full article here.
Nava's board has approved a share buyback worth Rs 360 crore at Rs 500 per share, authorizing the purchase of up to 72 lakh shares via tender offer.
Arkade Developers has secured the redevelopment rights for a Mumbai project with a gross development value of Rs 740 crore.
Ashok Leyland has received a Rs 298 crore order to supply 320 fully built buses to the Tamil Nadu State Transport Corporation.
Welspun Living has secured the highest ESG rating in the textile, apparel, and luxury goods category for 2024.
Tata Consultancy Services has partnered with MassRobotics in North America to drive innovation in the robotics sector, the company said in an exchange filing.
Ola Electric Mobility Ltd. is renegotiating its agreements with Rosmerta Digital Services and Shimnit India, which has temporarily impacted February registrations. Despite this, sales remain strong, and the registration dip is expected to be streamlined in the coming weeks.
Hexaware Technologies Shares List At 5% Premium Over Issue Price
Patel Engineering Share Price Up After Company Bags Rs 1,090-Crore Irrigation Project
63 Moons Technologies' board has approved the company's participation in a settlement scheme between National Spot Exchange (NSEL) and traders.
On BSE, market breadth was skewed in favour of buyers. Around 1,819 stocks advanced, 989 stocks declined, and 135 stocks remained unchanged on BSE.
At pre-open, the NSE Nifty 50 was trading 0.43% down at 22,847.25, and the BSE Sensex was trading 0.24% down at 75,788.27.
Prime Focus' subsidiary Brahma has acquired Metaphysic to accelerate development of its AI-native product suite.
Netweb Technologies Ltd. launched a new AI lab cluster appliance product 'Skylus.AI', said the company in an exchange filing.
Initiate Outperform with a target price of Rs 1,500
Suven Pharma is set to benefit from high-growth cutting-edge CDMO segments and its proven track record to drive traditional business
Has a solid antibody-drug conjugate (ADC) CDMO platform and is building capabilities in the Oligonucleotide segment
See its earnings set to grow sixfold by FY30E off a FY24 base
Oil future prices extended gains to a third session as the Organization of Petroleum Exporting Countries and its allies are mulling a postponement of supply increases.
Meanwhile, supplies from Kazakhstan to Black Sea will decline around 30% because of the repair work of the key pumping station in Russia due to Ukraine attack, Bloomberg reported.
Brent crude was trading 0.31% higher at $72.07 a barrel as of 8:01 a.m.
Most share indices in the Asia-Pacific declined on Wednesday as the US President Donald Trump threatened to impose more tariffs. He threatened that the US will impose tariff on automobiles, semiconductors, and pharmaceutical products around 25%.
The Nikkei 225 and Hang Seng were trading 0.29% and 0.57% down, respectively.
Stock Market Highlights: Nifty, Sensex End Little Changed But Reverse Day's Lows; IT Stocks Rally