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• The Indian stock market saw a recovery as the Nifty reclaimed the 23,800 level and the Rupee strengthened to move below 96. • Gains were driven by the Nifty Bank and financial services indices, which rose by approximately 0.8% and 0.77%, while media, realty, and IT sectors experienced declines. • Honasa Consumer shares hit a 10% upper circuit following strong Q4 results, reporting a 177.9% increase in net profit to Rs 69.2 crore and revenue growth of 23.1% to Rs 657.1 crore.

• The Indian stock market closed in the red on Thursday, with the Sensex ending 135 points lower and the Nifty 50 slipping below 23,700. • Markets erased morning gains due to expiry day volatility, rising bond yields, and selling by Foreign Institutional Investors (FIIs), impacting stocks like Bajaj Finance (-2%) and IndiGo (+3%). • In a major corporate move, Adani Ports and Special Economic Zone announced the acquisition of a 100% stake in Jaypee Fertilizers & Industries for Rs 1,500 crore.

Forecast came amid warning that US was unprepared for storms with staffing cuts under Trump administrationSign up for the Breaking News US newsletter emailThe US will see a below-normal hurricane season in 2026, federal government scientists said on Thursday, predicting eight to 14 named storms with winds at 39mph or more.The season has a “55% chance of being below normal, 35% chance of near normal and a 10% chance of above normal,” said Neil Jacobs, National Oceanic and Atmospheric Administration (Noaa) administrator, at a press conference. Continue reading...

Tropical cyclone expected to make landfall in far north Queensland within hours. Follow today’s news live Get our breaking news email, free app or daily news podcastGood morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then it will be Luca Ittimani with the main action.There’s plenty of news about but the main action this morning is in far north Queensland, where a huge and fierce storm is about to make landfall. Continue reading...