The Trump administrations freezing of $790 million in federal research funding for Northwestern University has left concerned lab directors without key grants and forced the university to spend millions to keep vital research afloat.
Bajaj Finance has fixed June 16, 2025, as the record date for its 1:2 stock split and 4:1 bonus equity share issue. This comes after a strong Q4 performance, with 19% YoY profit growth, 26% AUM rise, and RBIs surprise rate cut boosting sentiment.
Indian stock benchmarks Sensex and Nifty recorded their first weekly gain this week after two straight weeks of decline. On the weekly front, the BSE benchmark surged 737.98 points or 0.90%, while the Nifty jumped 252.35 points or 1%. Interest-rate-sensitive sectors surged, with the realty index soaring nearly 5% on Friday, after the Reserve Bank of India surprised markets with a 50 basis point rate cut and a reduction in the cash reserve ratio. Here are the 10 top-performing smallcap stocks of the week, with gains of up to 28%.
Sectors like banking, NBFCs, real estate, and automobiles are poised to benefit from India's easing interest rate cycle, as lower borrowing costs boost credit flow, demand, and fixed-income returns amid falling yields and rising liquidity, says Nexedge Research.
Nomura acquired over 4.1 lakh shares in Azad Engineering for Rs 66 crore through a block deal at an 8% discount. Despite the investment, Azads stock fell over 5% and remains volatile, underperforming Nifty in 2025.
