News Overview

The yen made a 1% increase against the dollar overnight, the biggest increase since Japan interfered in the foreign exchange markets a month ago.

The non-institutional investor (NII) category received 52.94 times the subscription, while the retail category received 24.55 times the subscription.

Overall, the markets responded intensely to the election results, underscoring the impact of political developments on investor sentiment and market stability.

The election-related uncertainty, coupled with broader economic concerns, has undoubtedly contributed to investor apprehension.

Adani Ports and Adani Enterprises saw the biggest declines among the Nifty50 lot, down 15.02% and 16.09%, respectively

In a stock exchange filing, the company stated that the alliance aimed to expedite enterprise use of quantum computing products.

Asian markets, closely linked to developments in the region's largest economy, reacted swiftly to the news.

The Coal Ministry's interim data shows that state-owned CIL's coal production increased by 7.46% to 64.40 MT in May from 59.93 MT.

Candere has made a strategic shift to omni-channel commerce during the last sixteen months to meet rising consumer demands.

The company's failure to settle its debt of over ₹3,000 Crore prompted the private sector lender to file an application with the tribunal.