Asian Paints shares surged after the sudden resignation of Birla Opus CEO Rakshit Hargave, who is set to become CEO of Britannia Industries from December 15. The move stirred investor sentiment as Birla Opus, the Aditya Birla Group’s paint venture and Asian Paints’ key rival, faces a leadership vacuum just 18 months after its launch.

Chirag Doshi of LGT Wealth India advises a barbell strategy for fixed income investors. This approach combines short-term, high-quality bonds for stability with longer-duration assets for potential gains. Diversification across maturity and credit quality is key. Investors should focus on carry over market timing. This balanced approach helps manage risk and optimize returns in the current evolving interest rate environment.

Motilal Oswal initiated coverage on Waaree Energies with a ‘Buy’ rating and Rs 4,000 target, citing strong capacity expansion, integration across the solar value chain, and robust renewable energy growth outlook.

Bitcoin hovered around $103,000 on Thursday as traders awaited key U.S. jobs data. Despite a brief rebound, sentiment remains cautious. Analysts say bulls are defending the $100K level, but resistance near $105K could cap gains amid subdued liquidity and a broader risk-off macro environment.

Port Shelter Investment CEO Richard Harris warns that high valuations, US tariffs, and prolonged government shutdowns could threaten global growth. He says markets are being driven by fear of missing out (FOMO), not fundamentals, and remain fragile to sudden shocks. Harris also cautions that political uncertainty is eroding US credibility.

Shapoorji Pallonji Real Estate unveils a handcrafted mural at VANAHA s sales gallery, celebrating its nature-first philosophy. This immersive art piece showcases the township s commitment to blending modernity with biodiversity, featuring over 350 acres of green spaces and a rich ecosystem. VANAHA aims to offer residents a harmonious living experience.

In the first seven months of FY26, the Indian stock market witnessed an impressive rally, with nearly half of the Nifty500 stocks delivering double-digit returns. Fourteen standout stocks surged between 70% and 140%, defying global uncertainties. Among them, five stocks more than doubled investors’ wealth, including Netweb Technologies, Gujarat Mineral Development Corporation, and Force Motors. Despite strong gains, a few still trade below their 52-week highs, highlighting the market’s resilience and potential for further growth.

Nissan has sold its Yokohama headquarters for ¥97 billion ($630 million) to MJI Godo Kaisha, leasing it back to fund AI-driven upgrades and digital modernisation as part of its turnaround strategy.

Morgan Stanley raised Adani Power’s target price to Rs 185, citing strong earnings visibility, new PPAs, and capacity expansion. The brokerage expects a 20% EBITDA CAGR over FY25–FY33, backed by a robust balance sheet and regulatory clarity. Adani Power’s 41.9 GW portfolio positions it to gain from India’s rising power demand.

Japan s Nikkei share average surged over 1% on Thursday, recovering from Wednesday s sharp losses, as a strong Wall Street performance boosted investor confidence. Advantest and SoftBank Group led the gains, though Tokyo Electron dipped. Konica Minolta jumped significantly after raising its profit forecast, while Nippon Steel fell on a projected profit decline.