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Shares in Japan, which was negotiating with the US for a deal to lower levies, jumped 1.1% while a regional gauge made moderate gains. Treasuries were little changed at the open after yields surged in the prior session, with traders paring bets on interest rates. Bitcoin extended its rally, rising 0.4% to around $103,000. Gold rebounded early Friday after falling in its two previous sessions. The Nasdaq Golden Dragon China Index rose 1% during US trading.
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Mahindra & Mahindra's stock has surged following a strong March quarter, driven by market share gains and margin expansion across its automotive and tractor segments. The company plans to boost capacity to 85,000 units per month by FY27 and launch 17 new vehicles by 2030, including five BEVs.
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By midday, bitcoin was trading at $101,402.19, a 4.8% gain on the day. The world's biggest cryptocurrency has clawed its way back into positive territory for the year, although it remains off the all-time high above $109,000 reached in January.
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