Prayagraj Junction completes new RMS bldg ahead of Magh Mela

South Korea’s KOSPI has swung from bear to bull market in just a month, surging over 31% from its July low. A sharp rebound in Samsung Electronics and SK Hynix has driven the rally, reviving optimism around AI-linked chip stocks. Analysts see scope for further gains, but warn of heightened volatility.

Morgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies beyond rockets. The brokerage believes SpaceX’s vertically integrated AI infrastructure, combining terrestrial and orbital compute, could transform it into one of the world’s most powerful AI infrastructure platforms.

Foreign investor positioning in Indian equities is nearing historical extremes, with FII flows showing early recovery after sustained outflows. Jio BlackRock says resilient domestic buying, reduced foreign selling and more reasonable valuations could signal a potential sentiment turnaround for Indian markets.