Volume Shocker: MFs lap up over 1 crore shares of 15 stocks that surged up to 49%. Do you own any

Microsoft is cutting nearly 4,800 jobs as its new fiscal year begins. These layoffs primarily impact the commercial sales and Xbox gaming divisions. The company states this restructuring reflects industry evolution and changing business priorities.

Reliance Industries shares gained after the conglomerate reported better-than-expected June quarter earnings, driven by robust growth across its energy, digital and refining businesses. Brokerages remained bullish on the stock, with several reiterating Buy ratings and raising target prices, citing strong operational performance, improving refining margins and long-term growth prospects across Jio, retail and renewable energy.

Ather Energy, the Indian electric scooter manufacturer, has announced a significant reduction in its quarterly losses, attributing this positive outcome to robust sales that overshadowed increased expenses. The net loss for the June quarter was reported at 508.7 million rupees, a notable improvement compared to the previous year’s substantial loss. This financial performance showcases the…