India's financial markets see volatility and major corporate announcements

India's stock market experienced a volatile session, with the BSE index falling after the central bank tightened rules on bank lending for stock market investments. Shares of brokerages also dropped, and some brokers are asking for a six-month delay before these new restrictions take effect.

Meanwhile, major Indian companies made significant announcements. Reliance unveiled a massive $110 billion investment plan focused on artificial intelligence. Separately, there are reports of a leadership struggle within the Tata Group, one of India's largest business conglomerates.