Latest Stock Market News

JSW Steel implemented the resolution plan for Bhushan Steel and Power Ltd "in full compliance" and the company is now evaluating all options to reach a legal remedy, including review of the Supreme Court order.

Nuclear power companies shares surged following reports that President Trump plans to sign executive orders to boost the industry. These orders aim to streamline reactor approvals and strengthen fuel supply chains. Increased power consumption, driven by AI and crypto data centers, is expected to further benefit the nuclear energy sector, considered a cleaner and more reliable energy source.

The Sensex surged 769 points to close at 81,721 on Friday, as seven BSE200 stocks, including Bharat Electronics and Max Financial, touched 52-week highs amid strong market momentum.

Apple shares dropped 4% to $193.46 after Trump warned of a 25% tariff on iPhones made outside the US. Wall Street also slumped, with major indices falling sharply and volatility spiking amid escalating global trade tensions. In a separate message, the president said Apple had failed to move iPhone production to the United States despite his repeated requests.

Ashok Leyland posted a 38% YoY rise in Q4FY25 net profit at ₹1,246 crore, with revenue up 6% to ₹11,907 crore. The company reported record quarterly profits, announced a 1:1 bonus share issue, and paid ₹6.25/share in FY25 interim dividends.

The Indian rupee surged 80 paise on Friday to close at 85.21/$1, its best day since November 2022, driven by foreign bank dollar sales, IPO flows, and probable RBI intervention. A softer dollar index and bullish forecasts further supported the recovery.

Aditya Birla Fashion and Retail Ltd on Friday said its consolidated net loss narrowed to Rs 23.55 crore in the fourth quarter ended March 2025. The company had posted a net loss of Rs 266.36 crore during the January-March quarter a year ago, according a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL).

A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction. According to the bulk deal data available on the NSE, Rajat Agarwal offloaded 25 lakh shares, representing a 3.38 per cent stake in Gravita India.

Wall Street s main indexes opened lower on Wednesday, as investors awaited the outcome of a pivotal debate around U.S. President Donald Trump s tax-cut bill that has fanned concerns about the country s growing debt.