Published on 30/01/2026 06:47 AM
As traders assessed US President Donald Trump’s warnings against Iran and how a potential escalation in hostilities could affect flows from the Middle East, oil prices stabilised after surging more than 3% on Thursday.
The “unprecedented demand” for Apple Inc.’s iconic iPhones drove the company’s first-quarter fiscal 2026 results, which exceeded forecasts across the board. On Thursday, the results were announced after the market closed. But the stock’s response to the outcomes has been subdued.
On Thursday, Microsoft Corp.’s stock fell by 10%, wiping off about $360 billion of the company’s market capitalization—the biggest single-day decline in almost six years. That is slightly less than the combined market value of State Bank of India, ICICI Bank, and HDFC Bank, which are among the largest banks in India.
Wall Street’s benchmark indices had a choppy and erratic afternoon on Thursday, closing on either side of the flat line but off their individual intraday lows.
Some of the stocks to look out for include ITC, Dixon Tech, Vedanta, Manappuram Fin, Dabur, Voltas and more.
Check The Full List Here
After a very erratic day of trading, the Nifty 50 closed above 25,400 on Friday, extending its upward trend for the third straight session.
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