The dollar hung around a six-week high on Friday, set for its biggest weekly gain since April due to safe-haven demand on rising Middle East tensions. Market activity is expected to be subdued ahead of U.S. non-farm payrolls figures – due later in the day – which will help shape the Federal Reserve’s outlook for interest rates.
Open Fliphares of Shakti Pumps, a leading manufacturer of solar pumps and motors in India, were locked at 5% upper circuit in last three trading sessions, delivering a cumulative gain of 15.76%, reaching ₹4,708 apiece. ; The shares have been one of the standout performers in the Indian stock market, emerging as a significant wealth creator for investors over the past few years.
Open FlipBajaj Finance shares fell 3% after the company reported its slowest Assets Under Management growth in six quarters, with AUM increasing 29% to Rs 3,73,900 crore in Q2. Despite a sharp increase in customer franchise and new loans, brokerage firms like Nomura and Morgan Stanley remain cautious, citing credit costs as a key monitorable.
Open Flip