Latest Stock Market News

Major stock indexes fell on Thursday, with the Nasdaq down more than 3% in early trading, after the previous session s massive relief rally on U.S. President Donald Trump s move to temporarily lower the heavy tariffs on many countries, while the U.S. dollar also sank.

Oil prices fell 1% as Trump escalated the trade war with China and crude inventories rose, while the Keystone pipeline remained shut after an oil spill.

INOX Clean Energy is set to file a Rs 5,000 crore IPO via the confidential route, potentially marking India’s largest renewable energy listing. The IPO, largely comprising fresh issues, will fund solar and IPP facility expansion, aligning with India’s 2030 renewable goals. Backed by major investment banks, the offering positions INOX for a Rs 50,000 crore valuation amid growing investor interest in the green energy sector.

Australian shares surged over 6% as investors regained confidence after Trump announced a 90-day pause on many tariffs, boosting stocks across sectors.

IndiGo briefly surpassed Delta Air Lines to become the world s most valuable listed airline, hitting a record market cap of $23.45 billion. Strong share performance, dominant market share, and favorable industry trends have driven investor optimism despite Delta s much larger revenue base.

Japan s Nikkei 225 surged 7.4% in early Thursday trading, mirroring Wall Street’s historic rebound, as markets rallied on President Trump’s decision to pause most tariffs—though tensions with China and trade uncertainty still loom.

RBI Governor Sanjay Malhotra warned of growth and inflation risks from global tariff wars and policy uncertainties, prompting a downward revision of India s FY26 growth forecast to 6.5%. He emphasized India s relative resilience due to lower export dependence but acknowledged that rising trade frictions remain a growth dampener.

The RBI has proposed making its Regulatory Sandbox Theme Neutral and On Tap , allowing continuous access for eligible fintech innovations. This move aims to foster ongoing innovation beyond the limited-time thematic cohorts launched since 2019.