Why is Hitachi stock plunging today?

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• Lost Rs 38k to fraud in 2019, Bank of Baroda told to refund and pay Rs 15k compensation

  Consumer protection authorities in West Delhi have penalised a major lender for security lapses that enabled four illicit withdrawals without the account holder receiving one-time passwords or text notifications. The ruling reinforces that financial institutions bear the direct burden of proving customer negligence when fraudulent activity is reported swiftly. Because the lender failed to present any internal investigation records or even defend itself in court, it was held fully accountable for the financial loss.

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• Rupee hits two-week low on 'sticky' dollar bids, modest intervention cushions

  Strong commercial demand for greenbacks from domestic jewelry and electronics manufacturers has combined with sluggish forward selling to erode recent currency gains. While central bank market actions prevented a steeper drop, prevailing bearish sentiment continues to isolate the currency from regional market rallies. Analysts caution that regulatory backstops and spot support offer temporary relief rather than sustainable structural confidence.

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• Adani group stocks jump up to 3%, add Rs 23,000 crore to total m-cap. What’s behind the surge?

  Robust quarterly financial performances across multiple subsidiaries have renewed investor confidence in the conglomerate's diverse operational portfolio. Upgraded valuation targets from international brokerages highlighted execution strength in infrastructure, international ports, and energy. The coordinated advance reflects market optimism surrounding massive capacity expansion plans and raised forward revenue guidance.

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