Nikkei 225 nears 50% Fib resistance after 9% rally: Live levels

Udhayanidhi Stalin faced arrest over alleged remarks linked to actor Trisha. The Madras High Court directed his release on station bail after questioning. DMK workers staged protests across Tamil Nadu following the arrest. The TVK government and opposition engaged in a war of words. Udhayanidhi denied allegations and stated his remarks were distorted.

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Maruti Suzuki shares rose nearly 5% after Jefferies upgraded the stock to ‘Buy’ and raised its target price to Rs 16,500, citing strong passenger vehicle demand, easing crude prices and lower metal costs. The brokerage expects steady earnings growth and sees valuations as reasonable after recent underperformance.