Indian stocks start the holiday-shortened week still facing pressure from crude prices, the rupee, and overseas selling. A slight weekly rise hasn’t undone losses from the Iran war jolt.
Indian stocks pulled back from early highs on Thursday but held in positive territory by late morning. Lower oil prices and a bounce in the rupee helped take off some of the pressure that has hurt risk appetite this month.
Indian equities head into Thursday’s session with risk appetite still fragile after benchmarks logged a third straight decline on Wednesday. The setup is a tug-of-war between low volatility readings and heavy derivatives positioning on one hand, and currency stress, foreign outflows, and global uncertainty on the other.
Over the past two days, the global AI arena has seen a whirlwind of breakthroughs, blockbuster deals, policy twists and market swings. From billion-dollar takeover bids and open-sourced supermodels to government crackdowns and ethical debates, here’s a comprehensive roundup of the major AI developments from August 12–13, 2025.