Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his attention on the electric automaker, but that promise did not entirely dispel worries that his right-wing shift had irrevocably damaged the company s brand.

Indian steelmakers like JSW Steel, Tata Steel, and SAIL are expected to post strong sequential profit growth in Q4 FY25, driven by seasonal strength, rising steel prices, and falling input costs. However, year-on-year profit may dip due to import pressures.

Gold loan financier ICL Fincorp on Wednesday said it plans to raise Rs 100 crore through public issue of secured, redeemable, Non-Convertible Debentures (NCDs) for its business growth.

Nine stocks from the BSE Smallcap index hit 52-week highs, including NACL Industries and Paradeep Phosphates, signaling strong momentum and growth potential in the past month.

Bajaj Housing Finance posted a 54% YoY rise in Q4 net profit to ₹587 crore, driven by steady loan disbursals, robust asset quality, and higher net interest income. AUM rose 26% to ₹1.15 lakh crore, while NIM held steady at 4%.

Gold prices experienced a significant drop, plummeting by $140 per troy ounce due to President Trump s softened stance on China tariffs and his reassurance regarding Federal Reserve Chair Jerome Powell. This triggered profit-booking after a substantial rally in 2025, causing domestic prices in India to fall by Rs 2,845 per 10 gram.

Contract research and manufacturing services firm Syngene International on Wednesday reported a 3 per cent dip in consolidated net profit at Rs 183 crore for the March quarter.

The Indian rupee fell 24 paisa to 85.42 per dollar on Wednesday, pressured by a strong dollar index and position unwinding after failing to breach 85/$1.