Bajaj Auto shares surged more than 3% to an intraday high of Rs 10,656 on May 7 after the company reported a 34% year-on-year jump in Q4 net profit to Rs 2,746 crore. The rally also followed news of a large buyback worth Rs 5,633 crore, boosting investor confidence in the two-wheeler maker’s outlook.
Apple shares surged nearly 5% after strong earnings, adding about $200 billion in market value as record iPhone sales and solid services revenue drove investor optimism. The company also announced a $100 billion share buyback and increased its dividend, supporting a push toward fresh highs and lifting sentiment across the market.
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