Jio Financial Services Share Price Live Updates: Jio Financial Services enjoys a positive trading day
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Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Asian technology stocks tumbled on Friday after a sharp overnight selloff in U.S. semiconductor shares rattled investor confidence in the artificial intelligence trade.
AI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slow sharply after this year. Fund managers are rotating capital into hyperscalers and AI-benefiting sectors. Financing AI expansion faces greater scrutiny with softening bond demand. Despite volatility, long-term AI optimism remains intact for many investors.
Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank. Brokerages expect steady loan growth and stable asset quality, though margin pressure may weigh on earnings during the quarter.
Motilal Oswal has initiated coverage on Unimech Aerospace with a Buy rating and a target price of Rs 1,530, implying 27% upside. The brokerage expects strong earnings growth driven by aero tooling, precision engineering, strategic acquisitions and favourable aerospace industry tailwinds, despite the stock already gaining 40% in 2026.
Relaxo Footwears shares surged 14% on Friday, snapping a three-session losing streak, as strong buying emerged at key technical levels. The rally added nearly Rs 1,255 crore to the company’s market capitalisation. After falling 55% from its 52-week high to a March low, the stock has staged a sharp recovery, rebounding over 76% from the…
Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced marginal losses. Escalating Iran-US conflict and rising oil prices added to investor caution. Foreign investors remained net sellers of Indian equities on Thursday. Analysts advise caution due to market range-bound construction and rupee…
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