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Optimism over easing Middle East tensions pushed Japan’s Nikkei to record highs, with strong gains in Daikin Industries driving the rally.
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Gallantt Ispat shares have surged nearly 60% in a month, hitting a fresh 52-week high on the BSE. Strong Q4 production growth and a bullish technical setup are driving momentum, with analysts eyeing further upside toward Rs 900–950 while advising caution on risk-reward at higher levels.
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PFC shares surged over 5% to hit a fresh 52-week high amid expectations of rising power demand due to increasing temperatures. The stock has rallied sharply in April, supported by sectoral tailwinds, policy developments and restructuring plans, with a strong demand outlook and regulatory changes further boosting investor sentiment.
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South Korean stock markets surged on Thursday, reaching their highest point since late February. This rally was fueled by optimism surrounding a potential U.S.-Iran deal to end the war. Strong earnings from Taiwanese chipmaker TSMC also propelled South Korean chipmakers like Samsung Electronics and SK Hynix higher. The benchmark KOSPI index saw a significant increase, reflecting positive investor sentiment.
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FIIs and retail investors increased stakes in nine midcap stocks in Q4, yet seven counters have delivered negative CY26 returns so far, slipping up to 27% despite rising ownership.
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