Indian stocks and the rupee experienced a significant downturn on Thursday. Surging oil prices and rumors of potential military action against Iran impacted investor sentiment. Despite this, Indian markets saw their best April performance in 28 months. The Reserve Bank of India intervened to support the rupee. Markets will be closed on Friday for Maharashtra Day.
Dr Reddy’s shares slide 7% after delay in semaglutide supplies over quality concerns
Dr Reddy’s shares fell sharply on Thursday after the company delayed commercial supplies of its semaglutide product due to a quality issue involving the active