11 Bangladeshi nationals held for violating visa norms

U.S. markets ended mixed with Nasdaq under pressure as software stocks dragged while chip stocks gained. Investors remained cautious ahead of key earnings from Alphabet and Tesla Inc.. Rising oil prices and geopolitical tensions added inflation concerns, keeping market sentiment volatile despite ongoing AI-driven optimism.

Private equity major Carlyle is preparing a $500 million IPO for Highway Roop Precision Technologies, appointing multiple investment banks as lead managers. The issue, largely an offer for sale, could value the company at $2 billion, as Carlyle looks to monetise its stake in the auto-components platform.

Mutual funds consistently raised stake in 97 smallcap stocks over four consecutive quarters. Among these, 13 smallcaps registered returns between 50% and 103% over the past year. Senores Pharmaceuticals led the rally, while counters like Astra Microwave, Data Patterns, and Ujjivan SFB saw steady institutional buying.