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Indian markets closed higher on Friday, with Nifty 50 rising for an eighth consecutive session, supported by softer U.S. labor data, potential Fed rate cuts, and progress in U.S.-India trade talks. Domestic buying interest was seen in JBM Auto, Hindustan Copper, and Gujarat Mineral Development, while global markets showed mixed trends.
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News and Media
Ather Energy shares have surged 66% post-IPO, while Ola Electric has lost 22.5% since debut. Analysts highlight Athers strong revenue growth and momentum, versus Olas larger scale and policy advantages, leaving investors to weigh high-risk, high-growth EV bets carefully for portfolio inclusion.
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News and Media
Defence stocks surged Rs 43,000 crore on Friday, lifting the Nifty Defence index to an eight-week high. Gains were driven by new submarine orders, a 15-year MoD modernisation roadmap, and strong order books. Analysts see long-term potential but caution that near-term upside may be limited by valuations and execution capacity.
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News and Media
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