Moody s is scrutinizing IndusInd Bank s risk management and leadership transition, following revelations of accounting discrepancies in forex derivatives. The review, initiated last month, aims to assess the bank s capabilities, with a decision expected within 90 days. An external report highlighted a potential ₹1,979 crore negative impact as of June 30, 2024.

Gold prices rebounded on MCX after a sharp fall triggered by Trump s comments and a stronger dollar. June futures opened higher by 1.5% at Rs 96,188/10 grams, while silver futures saw a slight dip.

On Thursday, indices paused after a seven-day rally as ICICI Bank, HUL, and Bharti Airtel fell. Yet five Nifty500 names—GSK Pharma, JK Cement, BSE, Bajaj Finance, Bajaj Finserv hit record highs.

The Pakistan Stock Exchange (PSX) dropped sharply after India imposed tough diplomatic measures in response to the Pahalgam terror attack. The KSE-100 index fell 2.12%, reflecting investor concern. Meanwhile, Indian markets showed resilience, despite geopolitical tensions and IMF s downgraded growth forecast for Pakistan.

In the past 12 months, Nestle India has declared a total equity dividend of Rs 25.50 per share. At the current share price of Rs 2,456.90, this results in a dividend yield of 1.04%, according to data from Trendlyne.

Pankaj Pandey suggests a potential US tariff leeway for certain auto segments, benefiting companies like Tata Motors. While cautioning against a broad-based approach to exporters due to potential US slowdown, Pandey favors domestic-driven sectors like banking and cement. He highlights positive developments in the BFSI sector and strong performance from Dalmia Bharat, indicating a recovery for the cement industry.

Following a deadly militant attack in Kashmir, India s financial markets are experiencing unease. The rupee weakened, bond yields climbed to 6.36%, and interest rate swaps hardened as traders grew cautious. New Delhi s response, including suspending a river treaty and closing a land crossing with Pakistan, fuels uncertainty.

JSW Paints and a consortium of Advent International and Indigo Paints are vying to acquire Akzo Nobel India, the owner of Dulux Paints, as Akzo Nobel NV seeks to exit the Indian market amidst intense competition. Pidilite Industries is also interested, primarily in Akzo s decorative business.

The fundraise comes as Hero FinCorp s planned ₹3,668 crore IPO faces delays in receiving regulatory approvals, slowing its capital raising plans. "The dollar loan is being raised to support the company s loan business," a source said. "It has mandated DBS Bank to syndicate loan, which has started road shows in Taipei."

The CoC vote concluded on April 21, 2025, after multiple extensions. Howen emerged as the top bidder in a process initiated through a Swiss challenge in 2022 following an unsolicited equity bid.