Business & Finance Summary

The stock market saw significant movements today, with the Indian equity benchmarks, Nifty50 and BSE Sensex, rallying strongly, with the Sensex gaining over 600 points. This trend follows several positive factors, including India's latest Free Trade Agreement with New Zealand, which is expected to enhance market access for Indian exports, particularly in goods and services.

In corporate news, Apple made headlines by laying off dozens of sales employees, highlighting shifts within the tech industry that indicate the role is becoming less attractive. Meanwhile, Apollo Global Management is positioning itself defensively by cutting risks and stockpiling cash ahead of potential market turmoil, as stated by CEO Marc Rowan.

These developments reflect a broader landscape of market volatility and strategic shifts among major companies, impacting investor sentiment and business operations across sectors.