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Logistics firm Delhivery witnessed substantial block deal activity as Nexus Venture Partners offloaded shares. Goldman Sachs, Morgan Stanley, and domestic mutual funds were among the prominent buyers, acquiring significant stakes. Despite a slight dip in share price, Delhivery has shown strong year-on-year growth and outperformance.
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Two of America’s most popular national pizza chains ​are edging closer to selling to new owners as stiff competition, rising commodity costs and waning consumer demand are undercutting performance, according to ​five people familiar with the discussions.
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The Nifty 50 ended higher as US–Iran talks optimism lifted sentiment, with IT, auto, banks and FMCG driving gains. Technical strength above key EMAs and improving RSI signal bullish momentum, though resistance near 24,300 may cap near-term upside.
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The Nifty 50 and BSE Sensex surged over 1.6% after US–Iran talks optimism boosted sentiment, driving broad-based buying. Falling volatility, strong technical signals, and sectoral strength supported bullish momentum despite key resistance levels ahead.
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Copper prices rebound after Strait of Hormuz tensions ease and demand outlook improves, supported by China’s inflation data. However, rising London Metal Exchange inventories may cap gains, even as technical indicators signal bullish near term momentum.
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