On Thursday, May zinc contracts on the MCX were trading at Rs 258.15 per kg, down Rs 2.40 or 0.92% from Wednesday’s close.

As per official information from WLF, the company is mainly owned by DT Marks DEFI LLC, an entity linked to Donald Trump and certain family members. DT Marks DEFI LLC holds around 60% of the equity in WLF Holdco LLC.

The UK FTA is poised to boost the Indian luxury spirits segment, potentially leading to a 15-20% price correction and accelerating volume growth to over 40%. While benefiting companies like United Spirits, this deal may challenge Indian brands to adjust their pricing strategies.

Hari Shyamsunder believes Indian markets remain under pressure due to weak earnings momentum and global headwinds. Despite high valuations, select opportunities exist in private banks, consumer services, and midcaps. He expects 10–13% CAGR returns over the medium term.

Cochin Shipyard Q4 Results: Cochin Shipyard reported an 11% YoY rise in Q4FY25 net profit at Rs 287 crore, with revenue jumping 37% to Rs 1,757.65 crore. PAT surged 62% sequentially. The company announced a final dividend of Rs 2.25 per share. FY25 revenue stood at Rs 4,820 crore, up 26%. Shares jumped 7% intraday following the earnings announcement.

Indian markets surged, with Sensex and Nifty both rising over 1.5%, fueled by optimism surrounding a potential zero-tariff trade deal with the U.S. and strong FII inflows. Lower oil and gold prices, along with a weakening dollar and cooling inflation, further boosted investor sentiment and rate cut hopes, contributing to the market rally.

Gold June futures on MCX fell to Rs 90,890 per 10g, down 8.5% from peak, amid easing geopolitical tensions, weak U.S. data, and waning safe-haven demand.

The Indian rupee fell on Thursday, weighed down by persistent interbank dollar demand, but pared losses after President Donald Trump said that India had offered a zero-tariff trade deal to the United States.

Mark Mobius reaffirmed his bullish stance on Indian equities, despite geopolitical tensions with Pakistan. He criticized bureaucratic hurdles slowing foreign investments and urged investors to focus on fundamentals over market timing or headlines. His fund has started redeploying capital, with a preference for mid-cap stocks amid global market volatility.

One of Warren Buffett’s largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway holds a 28.2% stake, has seen its shares slump 21% from their 2025 peak of $53.20, closing at $42.16 on Friday.