In today s trade, shares of BPCL, Adani Wilmar, Vodafone Idea, Cyient, Concord Biotech among others will be in focus due to various news developments.

Glenmark s marketing portfolio as of December 2024 had 201 generic products authorised for distribution in the US. The company has 51 applications pending at various stages in the approval process.

The NSE Nifty rose 374.25 points, or 1.7%, to close at 22,535.85, in its highest single-day gain since January 2. The BSE Sensex rose 1,089.18 points, or 1.5%, the biggest upside in a day since March 18, to end at 74,227.

S&P 500 companies have lost $5.8 trillion in stock market value since Trump s tariff announcement last Wednesday, the deepest four-day loss since the benchmark was created in the 1950s, according to LSEG data. Global markets had previously posted gains on hopes that Trump might be willing to negotiate down the array of country and product-specific trade barriers he is erecting around the world s largest consumer market.

Stocks tumbled in Australia and Japan and equity-index futures for the S&P 500 fell more than 1.8%. The dollar edged lower against major peers and oil extended its selloff. The offshore yuan rebounded after sinking to the lowest since it began trading in 2010. Yields on 10-year Treasuries extended this week’s strong gains.

Japan s Nikkei plunged 3.1% to 32,010.93, mirroring Wall Street s downturn amid growth concerns and fading hopes for U.S. tariff relief. The broader Topix also declined by 3%. Technology stocks spearheaded the sell-off, with Advantest and Tokyo Electron experiencing significant drops, alongside a notable fall in SoftBank Group shares.

The S&P 500 plummeted below 5,000 for the first time in nearly a year, triggered by investor anxieties over President Trump s impending tariffs. A strong morning rally faded as hopes for tariff delays diminished. The benchmark index has suffered a significant market value loss since the tariff announcement.

The dollar weakened against the yen and Swiss franc amid U.S. tariff threats on China, triggering global market jitters. Concerns over a potential U.S. recession intensified as the yuan hit record lows, prompting speculation about Federal Reserve rate cuts. Investors sought safe-haven assets, boosting the yen and Swiss franc.

Gold prices experienced a slight dip as U.S. Treasury yields rose, while investors remained cautious amid escalating U.S.-China trade tensions and growing recession fears. The U.S. is set to impose steep tariffs on China, prompting retaliatory measures. Markets are also awaiting key U.S. inflation data and the Federal Reserve s meeting minutes for insights into future rate decisions.