$TRUMP meme coin s value plummeted 85%, sparking worries about speculative investments in crypto. Peter Schiff warned that Trump s influence could cause more Americans to lose money in digital assets. Schiff criticized the Strategic Bitcoin Reserve and linked Bitcoin s potential crash to the Nasdaq s decline, warning that investor confidence could further erode.

The brokerage stated that BDL is expected to benefit directly from the procurement of Varunastra Torpedoes, while BEL and Astra Microwave are set to gain from the Airborne Early Warning & Control (AEW&C) Aircraft Systems order, which will strengthen India’s radar ecosystem.

Shares of engineering and infrastructure conglomerate Larsen & Toubro (L&T) climbed as much as 2.4% on Friday to Rs 3,430 on the BSE after the company announced it had secured “large” orders from the Brigade Group for residential and commercial projects in Hyderabad and Chennai.

Most people kind of turned bearish on global concerns, oil prices. So, people tend to kind of extrapolate more bad news. So that has happened this time around also.

NSE announced the exclusion of five stocks: Apollo Tyres, Deepak Nitrite, Escorts Kubota, MRF, and Ramco Cements from the F&O segment starting June. This follows earlier removals, with 16 more stocks exiting by February 2025. Markets rebounded on Friday after an initial dip.

Indian benchmark indices, Nifty50 and Sensex, surged on Friday, driven by strong large-cap valuations and foreign buying. The Nifty gained 4% this week, marking its best performance since July 2022. Key factors included FII buying, a dovish U.S. Federal Reserve signaling rate cuts in 2025, falling U.S. bond yields, and a weaker dollar boosting investor sentiment.

​While we are quite positive on the A-1s coming in, the orders that we have seen coming in from February and these are big orders such as Pinaka in February, and then in March recently Cabinet Committee of Security has cleared the 7,000 crores procurement of ATAGS howitzer, so these are all welcome. However, the much overlooked piece is the reforms in the capital acquisition process.

On the other side, if you see the department has asked some of the top 10 consultants, amongst which Accenture is also one of them, to cut down the consultancies and the expenses. So, there is a double-pronged impact and the cascading effect of that will also be there on Indian IT companies.