Market News

End-of-day market summary for 2026-04-24

Indian government bonds registered their first weekly decline in three, primarily driven by the resurgence in global crude oil prices and persistent U.S.-Iran geopolitical tensions.

US stock market futures, including the S&P 500 and Nasdaq 100, experienced a notable rally, propelled by renewed optimism surrounding potential US-Iran peace discussions, which simultaneously led to a decline in crude oil prices.

US stock market futures displayed a mixed performance as investors navigated heightened geopolitical tensions, particularly the ongoing deadlock involving Iran. This cautious sentiment reflects broader concerns over global stability.

India's market regulator, SEBI, has eased settlement norms for Foreign Portfolio Investors (FPIs), allowing net settlement of funds in the cash market to reduce costs and enhance efficiency.

A user on Polymarket allegedly profited by manipulating temperature readings at a Paris airport, sparking a police investigation and raising serious questions about the integrity of online prediction markets.

Shareholders of UK-based Satsuma Technology Plc are urging the company to sell its substantial $50 million Bitcoin holdings and cease operations, signaling a significant shift away from the once-popular corporate digital-asset treasury model.

The Indian Rupee recorded its most significant weekly depreciation since September 2022, primarily driven by resurfacing U.S.-Iran tensions and a subsequent surge in global crude oil prices.

Japan's benchmark Nikkei 225 index achieved a historic closing high on Friday, driven by robust technology sector earnings that overshadowed ongoing geopolitical uncertainties.

Tata Capital [TATACAPITAL] is projecting substantial loan book growth and improved returns through FY28, leveraging generative AI, disciplined risk management, and a focus on retail and housing finance segments.

European markets concluded the week lower on Friday, primarily driven by persistent geopolitical concerns in the Middle East and ongoing scrutiny of corporate earnings reports.

Global data center giant Digital Realty Trust [DLR] has significantly upgraded its annual core FFO and revenue forecasts, signaling robust demand driven by the explosive growth of artificial intelligence.

IMF's Gita Gopinath warns that India is among the worst-hit by West Asia conflicts, impacting oil, food, and fertiliser supplies, despite a 6.5% growth projection.

Silver futures in India witnessed a significant fall, dropping by ₹2,577 to ₹2.38 lakh per kilogram, driven by a combination of weak market trends and subdued investor interest.

Japanese investment giant Nomura [TYO:8604] has reported a record annual profit for the second consecutive year, driven by robust wholesale and wealth management segments, while asserting that geopolitical risks pose no material threat to its home markets.

Waaree Energies shares experienced a significant drop following the US Commerce Department's decision to impose preliminary anti-dumping duties of up to 123% on solar imports from India and other nations.

Japan's benchmark Nikkei 225 index has soared to a new record closing high, marking its third consecutive weekly ascent, primarily driven by robust earnings from the technology sector, particularly AI-related firms.

The Indian Rupee has recently dipped to its lowest valuation in over a decade, primarily due to soaring crude oil prices and significant foreign portfolio outflows. Analysts suggest this undervaluation might present a unique entry point for long-term investors despite near-term headwinds.

Despite ongoing geopolitical uncertainties, global financial markets, especially the US, are exhibiting remarkable resilience. The US dollar's strength is now increasingly tied to robust equity performance and technological advancements like AI, signalling a shift away from traditional oil price correlations.

Bitcoin [BTC] maintains a strong position near the $78,000 mark, driven by significant ETF inflows and diminishing exchange reserves, signaling robust institutional interest and reduced selling pressure. This stability contrasts with mixed movements in Ethereum [ETH] and other altcoins.