Despite gold’s record highs, jewellery stocks have fallen up to 35% this year. However, improved consumer spending from GST changes and the festive season could boost demand, with analysts forecasting 14–16% revenue growth for organized jewellers, though higher prices may limit volume growth.

Kotak Mahindra Bank shares: SMBC sold its entire 1.65% stake in Kotak Mahindra Bank for ₹6,256 crore through block deals, with major global and domestic investors like BlackRock, Goldman Sachs, and Abu Dhabi Investment Authority participating.

Indian stocks began trading on a positive note Thursday, marking the Nifty 50 s seventh consecutive session of gains. This surge followed U.S. President Donald Trump s announcement of planned discussions with Prime Minister Narendra Modi to address trade tensions. The S&P BSE Sensex rose by 0.13%, while the NSE Nifty 50 increased by 0.

Dr. Reddy s Laboratories shares experienced a slight dip following the announcement of their acquisition of Stugeron from Johnson & Johnson for $50.5 million. This strategic move aims to bolster Dr. Reddy s Central Nervous System portfolio and expand its presence in the anti-vertigo market across 18 markets in APAC and EMEA, with a focus on India and Vietnam.

Tata Motors share price: Jaguar Land Rover, Tata Motors British subsidiary, suffered a cybersecurity breach, causing production and sales delays. The incident adds to ongoing challenges, including slowing demand, launch delays, and a 63% decline in Q1 consolidated net profit.

Reliance Industries has launched Reliance Intelligence, a wholly-owned subsidiary, to spearhead its AI ambitions in India. This move, announced after market hours with RIL shares closing positively, follows Mukesh Ambani s vision to transform RIL into a deep-tech enterprise.

​Global bond market stress rises as debt concerns mount in France, Britain, US, Japan, and Germany. Political uncertainty, rising yields, and fiscal pressures weigh on stability, with France and the US most watched.

Patanjali Foods shares fell 66.7% on Thursday as the stock turned ex-bonus following a 2:1 bonus issue. The decline is a technical adjustment, with shareholder value and market capitalization unchanged. Investors now hold three shares instead of one, at a proportionally lower price. The move aims to boost liquidity and broaden retail participation.

Urban Company’s ₹1,900 crore IPO is seeing strong traction, with 3.13x subscription on Day 1 and a 34% GMP. Analysts view valuations as fully priced but recommend long-term subscription, citing strong brand equity, rapid growth, and leadership in India’s home services market.

Fitch raised India’s FY26 GDP forecast to 6.9% on strong demand, GST changes, and potential rate cuts, while Yes Bank slightly increased its forecast to 6.6%. However, global trade tensions, crop damage, and weak urban consumption pose risks to growth.