Suraksha Diagnostic Limited's stock has seen a sharp decline over the past year as it has fallen by Rs 103 or 24.69 per cent in the last 12 months, as per the latest data available on the National Stock Exchange (NSE).

On a year-to-date (YTD) basis, it has dropped by Rs 65.85 or 17.32 per cent on NSE. The stock has also lost the same 24.69 per cent in the last six months alone.

Suraksha Diagnostic’s shares closed almost flat on Wednesday on the NSE, ending at Rs 314.25, up Rs 1.85 or 0.59 per cent.

Multiple reports attributed several factors such as subdued financial performance, negative industry sentiment, macroeconomic pressures, or changes in management for the decline in share price.

The global capability centre (GCC) workforce in India is projected to reach 3 million by 2030 and a significant portion of these jobs will be entry-level positions for freshers, contributing to economic growth, a report said on Wednesday.

As India becomes the preferred destination for GCCs, the market is expected to be worth $110 billion by 2030. This growth will lead to the creation of approximately 1.5 lakh jobs by 2026, said the report by FirstMeridian Business Services.

“The GCC sector in India has evolved from a scalable industry to one of strategic importance. As multinational companies redefine the skills they need from Indian talent, the country has become a thriving ecosystem supported by extensive upskilling programmes, policies, and development initiatives from metro areas to tier 2 cities,” said Sunil Nehra, CEO–IT Staffing, FirstMeridian Business Services.

Women currently make up 40 per cent of the GCC workforce in India, and this figure is expected to rise as inclusion efforts continue.

Swiggy Limited has received its first 'sell' rating since it was listed in November 2024, with analysts raising concerns about its falling position in both food delivery and quick commerce services.

According to a new report by Ambit Capital, Swiggy has lost the early lead it once had in these sectors and now ranks second in food delivery and third in quick commerce.

Ambit Capital began its coverage of Swiggy with a cautious view, setting a target price of Rs 310 per share. This suggests a potential drop of over 20 per cent from the company’s last traded price.

In the food delivery segment, Swiggy is now trailing behind competitor Zomato, which has a larger reach, more users, and higher order volumes, the report said.

Although the pace at which Swiggy is losing market share has slowed, Ambit expects its share to settle at around 42 per cent in the long run, it added.

Local industry leaders Hyundai Motor and Kia are expected to report increased sales but with shrinking operating profits in their first-quarter earnings results scheduled to be announced this week, a market analysis showed on Wednesday.

According to the analysis of earnings forecasts from securities firms compiled by Yonhap Infomax over the past three months, Hyundai Motor is estimated to report sales of 43.44 trillion won (US$30.4 billion) for the January-March period and an operating profit of 3.54 trillion won in its earnings report set to be released on Thursday.

While sales would mark a 6.8 percent increase, operating profit is projected to dip by 0.4 percent, reports news agency.

Its sister Kia is estimated to report 27.81 trillion won in sales and 3.23 trillion won in operating profit, which would mark a 6.1 percent on-year growth and a 5.8 percent decline, respectively, on Friday.

The government’s decision to impose 12 per cent safeguard duty on select categories of flat steel imports for 200 days could provide respite to the domestic primary steelmakers grappling under the pressure of low-cost imports, a Crisil report said on Tuesday.

With the duty intervention and relatively favourable input costs, the Ebitda per tonne of the domestic primary-steel makers is expected to recover by Rs 1,000-1,300 per tonne in fiscal 2026.

This will ease pressure on debt metrics as sectoral leverage had risen last fiscal to fund the sizeable ongoing capital expenditure, the report said which analysed five major steel producers, accounting for 60 per cent of the domestic capacity.

Adani Data Networks Limited (ADNL), a wholly-owned subsidiary of Adani Enterprises Limited (AEL), on Tuesday announced that it has signed definitive agreements with Bharti Airtel Limited and its subsidiary Bharti Hexacom Limited to transfer the rights to use 400 MHz of spectrum in the 26 GHz band.

The spectrum covers six telecom circles -- Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz) and Tamil Nadu (50 MHz).

“Adani Data Networks Limited (ADNL), a wholly-owned subsidiary of Adani Enterprises Limited, has signed definitive agreements with Bharti Airtel Limited and its subsidiary Bharti Hexacom Limited to transfer the rights to use 400 MHz of spectrum in the 26 GHz band,” the company said in its stock exchange filing.

Over nearly three decades, the Nifty index has evolved into a key barometer of the Indian equity market, growing from a base value of 1,000 to over 26,000.

On Tuesday, the Nifty marked its 29th anniversary, continuing to serve as a reflection of India’s economic growth, investor confidence, and market sentiment.

Launched by the National Stock Exchange (NSE) on April 22, 1996, the Nifty was introduced just two years after the exchange began operations.

The index was created with a base date of November 3, 1995, and a base value of 1,000. Today, it tracks the performance of 50 of the most traded and largest companies in India across 15 sectors and represents about 55.48 per cent of the NSE’s total free-float market capitalisation as of March 28, 2025.

Gold prices reached a historic milestone on Tuesday as the rate of 24-carat gold touched Rs 1,00,000 per 10 grams for the first time ever.

According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold rose sharply from Rs 96,670 to Rs 1,00,000 per 10 grams -- a jump of Rs 3,300 within 24 hours.

Along with 24-carat gold, other categories also saw a steep rise. The price of 22-carat gold climbed to Rs 97,600 per 10 grams, 20-carat gold reached Rs 89,000 per 10 grams, and 18-carat gold touched Rs 81,000 per 10 grams.

On the Multi Commodity Exchange (MCX), October futures briefly went above the Rs 1 lakh mark and touched an all-time high of Rs 1,00,484 per 10 grams -- gaining nearly Rs 2,000 or 2 per cent in a single day.

Experts say the sudden spike in gold prices is due to increased global demand for gold as a safe-haven investment.

The Indian stock market continued its upward journey for the sixth straight trading session on Tuesday, supported by gains in fast-moving consumer goods (FMCG) and private banking stocks.

The Sensex began the day with a strong start, opening 320 points higher at 79,728. However, it soon slipped into the red, touching a low of 79,253, as investor sentiment was affected by steep losses in the US markets overnight.

Despite the early fall, the Sensex recovered quickly and remained in positive territory for the rest of the trading day. It even touched an intra-day high of 79,824 before finally closing 187 points or 0.24 per cent higher at 79,596.

With Tuesday’s gains, the Sensex has now climbed 5,749 points, or 7.8 per cent, over the last six trading sessions, showing strong momentum in the domestic markets.

The Nifty also followed a similar trend. It slipped to a low of 24,072 during early trade but bounced back sharply to hit a high of 24,243. The Nifty finally ended the intra-day trading session with a gain of 42 points or 0.2 per cent at 24,167.

Global brokerage firm Jefferies on Tuesday downgraded Hero MotoCorp and Bajaj Auto, citing a weak outlook for the two-wheeler industry in the coming years.

While Hero MotoCorp has been downgraded to "underperform", Bajaj Auto has been rated as "hold". Jefferies has also slashed the price targets of Hero and Bajaj Auto by a large margin.

The price target for Hero MotoCorp has been cut by 37 per cent to Rs 3,200 from the earlier Rs 5,075. For Bajaj Auto, the target has been reduced by 28 per cent to Rs 7,500 from Rs 10,550.

Jefferies believes the overall volume growth in the two-wheeler industry for FY26 and FY27 will be slower than expected, reducing its growth estimates by six and two percentage points, respectively.

Still, it expects a 10 per cent annual growth rate for the sector between FY25 and FY28, as it highlighted that the competitive dynamics in the two-wheeler industry have shifted.