‘Vile, abusive’: Bombay HC orders takedown of fake posts targeting Gadkari over E20 ethanol row

Chip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck Semiconductor ETF plunged over 5%, led by Micron, Intel, and AMD. Concerns over potential AI computing oversupply, fueled by Meta’s plans, prompted investors to re-evaluate lofty valuations. Despite the sell-off, some remain optimistic about AI-focused…

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Kalyan Jewellers shares rose sharply on Monday, extending their four-day rally to 47% after a strong Q1FY27 business update. While technical indicators remain bullish, analysts see up to 58% further upside, with brokerages citing robust demand, store expansion and the company’s asset-light franchise model as key growth drivers.