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IndiGo's parent company, InterGlobe Aviation, swung into the red with a net loss of ₹2,536 crore for the fourth quarter, severely hit by steep rupee depreciation, flight disruptions, and compliance costs related to new labor codes.

IndiGo Q4 results: Airline swings into red with Rs 2,536-crore net loss- Moneycontrol.com Exceptionally sharp rupee depreciation, changes in labour laws and a challenging operating environment offset the operational profit, said the airline

The Sensex shed 300 points from its intraday high, pulling the Nifty back under the 23,900 level as sudden domestic profit-taking wiped out early session advances.

Sensex closes over 1,400 pts lower from day's high, Nifty ends near 23,550: Six reasons behind market crash- Moneycontrol.com US-Iran peace deal uncertainty, FII selling, rising VIX among key reasons behind market decline on May 29

The Indian rupee surged 53 paise to finish the trading session at a multi-month high of 95.05 against the US dollar, bolstered by robust capital inflows and global macroeconomic adjustments.

Rupee rises 53 paise to close at 95.05 against US dollar- Moneycontrol.com At the interbank foreign exchange market, the rupee opened at 95.77 against the US dollar, then touched an intraday high of 94.97 and a low of 95.78 during the day.

The broader Indian equity market suffered severe losses with the Sensex plunging 1,092 points and the Nifty closing below 23,550, dragged heavily by aggressive profit booking in auto, metal, and oil & gas counters.

Taking Stock: Nifty ends below 23,550, Sensex plunges 1,092 pts; auto, metal, oil & gas stocks drag- Moneycontrol.com Top losers on the Nifty included Eicher Motors, InterGlobe Aviation, Power Grid Corporation of India, Oil and Natural Gas Corporation, and Bajaj Auto.

Asian Paints delivered a robust fourth-quarter performance with consolidated net profit jumping 69% year-on-year to ₹1,172 crore, prompting the board to announce a final dividend of ₹23 per share.

Asian Paints Q4 consol net profit jumps 69% YoY to Rs 1,172 crore, board declares Rs 23 final dividend- Moneycontrol.com Asian Paints Q4 FY26 Results: The paint maker's profitability improved significantly during the quarter. Net profit before minority interest and exceptional items increased 34.1 percent year-on-year, while net profit after minority interest surged 69.3 percent to Rs 1,172.1 crore.

US stock futures extended their gains from record highs as global traders remained highly optimistic about an impending breakthrough in international peace negotiations with Iran.

Wall Street: US stock futures extend gains from record highs as traders await Iran deal- Moneycontrol.com US stocks modestly extended all-time highs as traders waited to see whether America and Iran could finally get a peace deal across the line and restore oil flows through the Strait of Hormuz. S&P 500 futures rose 0.1%.

A dramatic institutional sell-off triggered by an end-of-month MSCI index rebalancing caused the Sensex to flash-crash 850 points in a span of just 10 minutes.

The MSCI rebalancing candle: Here's why Sensex fell 850 points in 10 minutes today- Moneycontrol.com While India enjoyed a surge in its weight in MSCI EM index between 2020 and 2024, rising to about 20% in July 2024, it is expected to come down to 11.2% after the latest MSCI rebalancing, as per IIFL Capital

Shares of Natco Pharma fell 11% in response to the pharmaceutical firm posting a steep 34% drop in its consolidated fourth-quarter net profit to ₹268 crore.

Natco Pharma shares fall 12% as firm reports 34% drop in Q4 net profit at Rs 268 crore- Moneycontrol.com Revenue from operations declined 39.5 percent to Rs 739 crore in the March quarter against Rs 1,221 crore a year ago.

Domestic artificial intelligence-linked stocks like Netweb Technologies, Black Box, and E2E Networks rallied up to 13% following a major global funding round for AI startup Anthropic.

Netweb jumps 13%, Black Box, E2E rally rise up to 2% as Anthropic's latest funding lifts AI-related stocks- Moneycontrol.com Adding to the bullish momentum, Nvidia reported record financial results for the first quarter of fiscal 2027.

PC Jeweller shares surged up to 14% on the back of a strong fourth-quarter financial performance where net profit jumped 61% to ₹153 crore alongside aggressive plans for debt reduction.

PC Jeweller shares rise up to 14% as Q4 profit rises 61% to Rs 153 crore- Moneycontrol.com The company reported a consolidated net profit of Rs 152.89 crore for the quarter ended March 31, 2026.

Shares of The Fertilisers and Chemicals Travancore (FACT) fell nearly 5% after the company reported a massive 95.5% year-on-year slump in its fourth-quarter net profit.

FACT shares fall nearly 5% after Q4 profit slumps 95.5%- Moneycontrol.com The stock was trading at Rs 878.85, down 4.82% on the National Stock Exchange in afternoon trade.