Indian stock markets showed volatility on Wednesday, with the Nifty index rebounding after hitting an intraday low of 23,262. Analysts caution that the index may face selling pressure around the 23,600-23,700 range. Tata Motors reported a standalone net profit of ₹2,406 crore for the March quarter, marking a 70% increase from the previous year, alongside a 22% rise in revenue to ₹24,452 crore. In contrast, Bharti Airtel's consolidated net profit fell 35% year-on-year to ₹7,325 crore, despite a 16% growth in revenues to ₹55,383 crore. Zydus Lifesciences is poised to acquire a US-based drugmaker specializing in oncology drugs for approximately $100 to $150 million, enhancing its distribution network in this growing sector. Additionally, Anant Raj has formed a committee to consider a potential demerger of its data center business, while Maruti Suzuki is investing ₹1,372 crore to improve its green logistics infrastructure, aiming for a 35% share of rail-based vehicle dispatches by 2030-31.