Published on 27/02/2026 07:03 AM
GIFT Nifty moves lower, tracking global cues, trading at a discount of nearly 100 pts from Nifty Futures. Thursday’s close indicates a gap-down start for the Indian market.
The streaming behemoth Netflix Inc. has made the decision to back out of the Warner Bros. acquisition. discovery following the latter’s board’s determination that Paramount Skydance’s updated bid was a better offer. During Thursday night’s extended trading on Wall Street, the stock jumped 10%.
On Thursday, February 26, Block Inc., which was co-founded by Twitter star Jack Dorsey, revealed that it was cutting off over 4,000 workers, or over half of its workforce. As a result, the stock rose 25% during Wall Street’s extended trading.
Some of the stocks to watch include Hindalco, IRFC, BPCL, HCL Tech and more.
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The Nifty 50 finished Thursday’s quiet trading day with slight gains, remaining mostly flat and oscillating within a narrow band.
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