Latest Stock Market News

Indian equity markets closed higher on Friday, buoyed by positive Asian market trends and strong performance in FMCG stocks, easing investor concerns due to a decline in U.S. Treasury yields. The Nifty 50 and BSE Sensex both gained nearly 1%, with the Sensex surging 769 points.

The Indian rupee experienced a significant surge on Friday, marking its best single-day gain in over two years, climbing 0.9% to 85.2125 against the dollar. This rally was fueled by concerns surrounding U.S. fiscal health and trade tariffs, which weakened the dollar and boosted emerging market currencies.

Indian markets ended higher on Friday, led by FMCG and strong Asian cues. Top movers included Honasa, Reliance Power, and Emcure, while Waaree Energies fell sharply on global clean energy concerns.

Gold prices rose Rs 100 to Rs 98,750 per 10 grams in the national capital on Friday amid firm global cues, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity appreciated by Rs 100 to Rs 98,300 per 10 grams (inclusive of all taxes).

Ace investor Mukul Agrawal sold over 1.3 lakh MITCON shares for ₹1 crore via a block deal at ₹80.52 apiece. Despite past underperformance, the stock gained 8% today and 14% in the last month, signaling a recovery trend.

Brookfield-backed Schloss Bangalore Ltd, which owns luxury hospitality brand The Leela Palaces, Hotels and Resorts, is investing Rs 1,131 crore to develop five company-owned hospitality properties, comprising 475 rooms, in Agra, Srinagar, Bandhavgarh, Ranthambore and Ayodhya.

Wall Street dropped at the open on Friday after U.S. President Donald Trump recommended 50% tariffs on the European Union, while Apple slid after he warned the company would have to pay tariffs if its phones were not made in the United States.

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.