Indian stock markets showed positive momentum with Sensex gaining 416 points and Nifty rising 131 points. Key developments include US prosecutors dropping charges against Gautam Adani, boosting Adani group stocks. Inox Clean Energy acquired US solar assets for 750 million dollars, marking its first major US manufacturing entry. IRB Infrastructure offered to sell two highway assets valued at 4,663 crore to its public InvIT fund. RailTel received an order for AI surveillance deployment at New Delhi Railway Station. IndiGo partnered with Single.id to enhance rewards for BluChip members across retail categories. Kotak Alternate Asset Managers invested 750 crore in Lloyds Metals debentures, strengthening the metals sector. Crude oil prices rose 91 points while gold and silver declined, reflecting shifting commodity market dynamics.
