IndusInd Bank faces bearish sentiment as its CEO resigned amid forex derivative accounting discrepancies, leading to increased uncertainty. Derivative traders are creating short positions. The stock s future hinges on the profile of the new CEO, with analysts suggesting a private sector banker is crucial for rerating. Despite recent volatility, the stock trades near valuation lows.

Mobius, who has been investing in developing markets for about three decades, said some emerging market countries such as India will do quite well in the current environment, "but we have to wait until all of this evens out and we see a settling down of this uncertainty."

The rupee strengthened despite border tensions with Pakistan, and positive sentiment surrounding a potential trade deal between India and the US aided the rupee. The dollar index was at 99.4.

​​The qualified institutional buyers (QIBs) portion of the electric two-wheeler company s issue was subscribed 1.7 times, while the non-institutional investors (NIIs) or high-net-worth individuals portion and the retail investors portion were subscribed 0.66 times and 1.78 times, respectively. The employee reserved portion was subscribed 5.43 times.

Sebi will amend rules to include these category of shareholders, so as to bring more shareholders under the dematerialisation mode and reduce the volume of physical shares from the listing space.

On a year-on-year basis, TVS Motor s revenue from operations rose 17% to ₹9,550.4 crore in the March 2025 quarter. Net profit grew at a faster rate of 76% to ₹852.1 crore, buoyed by the fact that benefits under the production-linked incentive (PLI) scheme for the full year were recognised in the fourth quarter.

Reversing four months of inflows, April saw a net ₹13,359 crore of outflow from the index-eligible fully accessible route (FAR) government securities, the highest monthly exit since India s inclusion in the JP Morgan EM index in July 2024, CCIL data showed. Passive investments often closely track the weightings on global gauges.

Indus said one of its large customers (Vodafone Idea), which accounts for a substantial part of revenue and receivables, has cleared all undisputed overdue amounts in March 2025, resulting in a significant reduction in the allowance for doubtful receivables. As a result, the fiscal fourth-quarter results reflected a write-back of Rs 226 crore in the provision for doubtful receivables.

As far as the commodity market is concerned, the multi commodity exchange (MCX) will be closed for the morning session and open only for the evening session. MCX operations in two sessions.

The Dow and S&P 500 ended higher after recovering from earlier losses. This happened after economic data revealed a contraction in the first quarter. The GDP fell short of expectations. Consumer spending increased in March. Tech stocks like Meta and Microsoft saw gains after positive earnings reports. However, Super Micro and Snap experienced declines.