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Chinese equities, which were trading at their highest since 2021, were set for a 1% rise, on the back of the summit between Xi Jinping and US President Donald Trump in Beijing.

Alibaba and Tencent miss revenue estimates but see US shares rise as they boost heavy AI investment, with Alibaba targeting tripled AI revenue and planning a T-Head chip unit listing

Brent crude was below $106 a barrel after declining 2% in the earlier session. West Texas Intermediate was close to $101 a barrel.

Zydus Lifesciences will acquire Assertio Holdings for $23.5 per share in cash, valuing the transaction at $166.4 million. Assertio is a US-based specialty pharmaceutical company with a focus on oncology and pain management.

Buyers in the stock market completely put behind the hotter-than-expected wholesale inflation print, which followed a hotter-than-expected retail inflation print too.

Swiggy said proposed board changes are part of a larger plan to qualify as an Indian-owned and controlled company under foreign exchange rules.

SEBI has ordered former Religare chairperson Rashmi Saluja to return ₹1.99 crore and pay a penalty over alleged insider trading violations.

Nvidia crossed a historic $5.5 trillion valuation as booming global demand for AI chips pushed its shares to fresh record highs.

Balaji Amines Q4 net profit rose 57.8% to ₹63.2 crore, revenue up 11.9%. Shares of Balaji Amines ended higher on Wednesday, May 13, by 1.61% at ₹1,361.00 on the NSE.

Shares of Redington Ltd ended at ₹211.15, up by ₹0.50, or 0.24%, on the BSE.