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Shares of Azad Engineering Ltd ended at ₹1,470.00, down by ₹15.65, or 1.05% on the BSE.

Geoffrey Dennis, an independent EM commentator, views India as a relatively strong performer in the potentially challenging global environment of 2025, characterised by a stronger dollar, rising bond yields, and limited or no rate cuts from the US Federal Reserve.

Shares of CMS Info Systems Ltd ended at ₹466.40, down by ₹0.20 or 0.043% on the BSE.

EBITDA grew 11.5% to ₹600 crore in Q3 FY24 over ₹538 crore in the year-ago period, higher than the CNBC-TV18 poll forecast of ₹537.6 crore. Shares of Cummins India Ltd ended at ₹2,934.05, up by ₹80.60, or 2.82%, on the BSE.

The company reported a flat net profit at ₹221 crore in Q3 FY25. Revenue rose 5.7% YoY to ₹4,152.9 crore, up from ₹3,939 crore.

The 2.2% drop in the rupee during the third quarter was the biggest drop in nine quarters, which led to InterGlobe Aviation witnessing the biggest forex loss of ₹1,456 crore.

Shares of Info Edge (India) Ltd ended at ₹7,943.20, up by ₹239.15, or 3.10% on the BSE.

Countries affected by US tariffs may allow their currencies to depreciate as a countermeasure, reinforcing the trend of a robust dollar in the short term. The long-term impact will depend on how trade negotiations unfold and whether major economies like China and Europe face significant tariff impositions.

The company’s Q3 FY25 EBITDA surged 50.7% to ₹391.8 crore over ₹260 crore year-on-year. Shares of Sagility India Ltd ended at ₹50.13, down by ₹0.090, or 0.18%, on the BSE.

According to government sources, exporters have provided positive feedback regarding export orders, signalling optimism for increased trade opportunities.Sources also revealed that the United States might retaliate against China’s tariff measures on certain products. If the US imposes countermeasures against Chinese goods, it could further boost demand for Indian exports, providing a competitive edge for Indian manufacturers.