Infosys Q4 results: Infosys ADRs fell nearly 5% after Q4FY25 profit declined 12% YoY to ₹7,033 crore. While revenue rose 8%, weak constant currency growth and muted FY26 guidance dented sentiment. CEO highlighted strong cash flows and margin expansion despite macro headwinds.

Tata Elxsi Q4 Results: Tata Elxsi reported a 12% YoY decline in Q4FY25 net profit to ₹172.4 crore, citing weakness in its automotive segment. Revenue was flat at ₹908 crore. EBITDA stood at ₹208 crore with a 22.9% margin. A ₹75/share final dividend was declared.

The U.S. dollar rallied on Thursday after its recent weakness across peer currencies appeared exhausted for the time being, while the euro weakened slightly after the European Central Bank cut rates for the seventh time in a year.

The performance of Infosys in the March quarter on the revenue front was worse compared with peers Tata Consultancy Services (TCS) and Wipro.

Gensol Engineering faces a corporate governance crisis as independent directors Harsh Singh and Kuljit Singh Popli resigned following promoters offer to step down. SEBI barred the promoters from the securities market, alleging financial misconduct, including misuse of loans and diversion of funds for personal luxuries.

Stock exchanges will be closed on Good Friday, marking the end of April s market holidays. The next trading breaks are scheduled for Maharashtra Day, Independence Day, and Ganesh Chaturthi. The past week saw a strong market rally fueled by positive economic factors and favorable forecasts, leading to sector- and stock-specific investment strategies.

Gold prices in India surged to ₹95,000 per 10 grams on Thursday, mirroring global trends. Central banks and ETFs are increasing gold holdings. This rise coincides with geopolitical tensions and a weaker US dollar. Retail investors are selling gold to profit from the high prices. Akshaya Tritiya sales may suffer due to the increased cost.

Indian stock markets experienced a significant surge, with the Nifty and Sensex jumping by 1.8% and 2% respectively, marking their best week in over three years. This rally, fueled by renewed foreign investment and reduced bearish sentiment, erased year-to-date losses. While Asian markets largely followed suit, US markets showed mixed performance amid concerns over Federal Reserve policy.

The rupee saw its best week in a month, closing at 85.36 against the dollar. Foreign portfolio inflows and a weaker dollar index supported the rise. Both state-run and foreign banks sold dollars. Foreign investors net bought over $1 billion in Indian stocks. Dollar-rupee forward premiums declined. Indian financial markets are closed on Friday for Good Friday.

Coromandel International and One 97 Communications may join the MSCI Global Standard Index. FSN E-Commerce and Adani Energy Solutions are also strong contenders. Nuvama Alternative Research predicts these changes. Thermax and Sona BLW Precision could be excluded. These adjustments will trigger significant fund reallocations. The announcement is expected on May 14. Changes will take effect on May 30.