Indian equity benchmarks opened lower on Friday as investors locked in profits following a strong rally in the previous session. The BSE Sensex dropped over 250 points in early trade, while the NSE Nifty fell below the 25,000-mark. The decline was largely driven by losses in heavyweight IT stocks and subdued sentiment across Asian markets. While select stocks such as Adani Ports and NTPC offered some support, the broader market reflected caution. This pullback follows a sharp two-day surge driven by robust institutional buying and favorable global cues.

The much-anticipated action drama Kingdom, starring Vijay Deverakonda and helmed by director Gowtham Tinnanuri, will now debut on July 4 instead of its initial May 30 release. The postponement, announced by the production houses Sithara Entertainments and Fortune Four Cinemas, comes in light of recent national events that have impacted the promotional climate. The delay follows India’s retaliatory military operation—Operation Sindoor—prompted by the Pahalgam terror attack.

Gold prices in the national capital experienced a sharp decline of Rs 1,800 to Rs 95,050 per 10 grams, driven by a global retreat in precious metals amid improved geopolitical and trade conditions. Investors are moving away from gold’s traditional safe-haven appeal as recent developments, including a temporary US-China tariff truce and easing India-Pakistan tensions, reduce market uncertainty. Silver prices mirrored the downturn, falling Rs 1,000 to Rs 97,000 per kilogram.

Senvion India has confirmed a landmark order from Continuum Green Energy for 100 wind turbine generators with a combined capacity of 420 megawatts. Initially a conditional agreement from September 2024, the deal has now fully committed all units, marking a significant step forward in India’s renewable energy push. Deliveries will commence in April 2026, deploying advanced turbines specifically engineered for Indian wind conditions.

Zaggle, a leading financial technology company, has announced a strategic partnership with Mesh Payments, a global travel and expense management provider, to enhance global spend management solutions for Indian multinational corporations. This collaboration aims to streamline corporate expense processes across key international markets, including the US, Europe, and Latin America, by leveraging Mesh’s capacity to issue corporate cards globally. Additionally, Mesh’s global clientele with operations in India can utilize Zaggle’s comprehensive spend management ecosystem.

In a strategic alliance aimed at transforming consumer access to health and wellness services, SBI Card has partnered with Apollo HealthCo—operator of Apollo Pharmacy—to launch the Apollo SBI Card SELECT. This co-branded credit card integrates financial flexibility with healthcare accessibility, offering customers substantial rewards and exclusive benefits on purchases related to preventive and primary healthcare. With incentives such as up to 25% value back on eligible transactions and a Rs.

In April 2025, India’s passenger vehicle dispatches from manufacturers to dealerships grew by 4% year-over-year, reaching 3,48,847 units, signaling steady recovery and demand in the sector. However, the two-wheeler market saw a contrasting trend, with dispatches falling 17% to 14,58,784 units, indicating persistent headwinds in the segment. The disparity between the two sectors underscores shifting consumer preferences and market dynamics in the automotive industry.

Tata Motors has entered a strategic partnership with Vertelo, an electric mobility solutions provider, to expand the adoption of electric commercial vehicles (ECVs) in India. Through a newly signed Memorandum of Understanding (MoU), the two firms aim to offer customized and flexible leasing solutions tailored to Tata Motors’ entire ECV lineup. This initiative is designed to support fleet operators in transitioning to cleaner transport alternatives, thus strengthening India’s electric vehicle ecosystem.

Bollywood heartthrob Kartik Aaryan recently marked the wrap of a major schedule for his upcoming romantic film alongside co-star Sreeleela, helmed by celebrated director Anurag Basu. The untitled project, expected to hit cinemas during Diwali 2025, has been generating buzz for Aaryan’s striking transformation—featuring long hair and a rugged beard. The actor shared a cheerful behind-the-scenes image with Sreeleela to commemorate the moment.

Pharmaceutical major Lupin Ltd delivered a striking performance in the quarter ended March 31, 2025, with consolidated profit after tax (PAT) more than doubling to Rs 782 crore, fueled by new product launches and enhanced operational efficiencies. Sales climbed to Rs 5,562 crore in Q4, up from Rs 4,895 crore the previous year, reflecting sustained commercial momentum. For the full fiscal year 2024-25, Lupin posted a 71% surge in PAT to Rs 3,306 crore on revenues of Rs 22,192 crore, underlining the company’s successful strategic execution.