Allbirds shares skyrocketed nearly 600% in a single session after the footwear brand unveiled a dramatic pivot to AI compute infrastructure, rebranding as NewBird AI and securing a $50 million financing facility to buy GPUs. The move marks a complete shift from its sustainable sneaker roots to the booming AI ecosystem.
Realty firm Kalpataru has reported 6 per cent increase in sales bookings at Rs 1,833 crore for the fourth quarter of the last fiscal.
Realty firm Brigade Enterprises Ltd on Wednesday said it will develop a 39-acre township project in Bengaluru with an estimated revenue potential of Rs 7,200 crore.
LIC shares surged 7% in two sessions after announcing its first-ever 1:1 bonus issue, boosting investor sentiment. The move, involving capitalisation of Rs 6,325 crore reserves, signals strong financial health and may improve liquidity, though analysts remain watchful of long-term growth triggers and valuation trends.
Silver prices saw a significant jump of 0.82 percent, reaching Rs 2,53,800 per kilogram in futures trade today. This rise is linked to renewed uncertainty surrounding United States trade policy. Market participants are building fresh positions, contributing to the upward trend. Overseas, Comex silver futures also experienced a notable increase.
Optimism over easing Middle East tensions pushed Japan’s Nikkei to record highs, with strong gains in Daikin Industries driving the rally.
Gallantt Ispat shares have surged nearly 60% in a month, hitting a fresh 52-week high on the BSE. Strong Q4 production growth and a bullish technical setup are driving momentum, with analysts eyeing further upside toward Rs 900–950 while advising caution on risk-reward at higher levels.
PFC shares surged over 5% to hit a fresh 52-week high amid expectations of rising power demand due to increasing temperatures. The stock has rallied sharply in April, supported by sectoral tailwinds, policy developments and restructuring plans, with a strong demand outlook and regulatory changes further boosting investor sentiment.
South Korean stock markets surged on Thursday, reaching their highest point since late February. This rally was fueled by optimism surrounding a potential U.S.-Iran deal to end the war. Strong earnings from Taiwanese chipmaker TSMC also propelled South Korean chipmakers like Samsung Electronics and SK Hynix higher. The benchmark KOSPI index saw a significant increase, reflecting positive investor sentiment.
FIIs and retail investors increased stakes in nine midcap stocks in Q4, yet seven counters have delivered negative CY26 returns so far, slipping up to 27% despite rising ownership.
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