Asian stocks rise on hopes of easing in Strait of Hormuz bottleneck

Wall Street indexes rose on expectations of tankers crossing the Strait of Hormuz, boosting Asian stocks. Nvidia Corp. increased by 1.7% after AI chip revenue projections.

Wall Street indexes rose on expectations of tankers crossing the Strait of Hormuz, boosting Asian stocks. Nvidia Corp. increased by 1.7% after AI chip revenue projections.

A drop in oil prices boosted US treasuries as yields fell on easing inflation fears. The US Dollar index also dropped below 100.

Shares of TIL ended 1.9% lower on Monday at ₹199. The stock is down 14% in the last one month, but more importantly, it has more than halved from its recent 52-week high of ₹409.

Huang unveiled the Nvidia Groq 3 Language Processing Unit, or LPU, the company’s first chip from the startup that it mostly acquired through a $20 billion asset purchase in December, its largest deal ever. It’s expected to ship in the…

Shares of Railtel Corporation of India Ltd ended at ₹268.50, down by ₹9.40, or 3.38%, on the BSE.

Stateowned Union Bank of India on Monday said its board has approved a proposal to raise Rs 20,000 crore by issuing infrastructure bonds to fund various projects.

Shares of Oberoi Realty Ltd ended at ₹1,413.20, down by ₹39.45, or 2.72%, on the BSE.

Sentynl Therapeutics licensed Progerinin from PRG S&T for Hutchinson-Gilford Progeria Syndrome. Phase 2A trial data expected by 1H 2026. Zydus shares closed at ₹886.90.

Employee safety at Redington Gulf FZE remains a priority, with enhanced safety protocols and business continuity plans implemented across affected locations, the company said. Shares of Redington Ltd ended at ₹232.90, down by ₹1.60, or 0.68%, on the BSE today,…

AXISCADES Technologies will acquire the remaining 24% stake in CSTI for USD 1,500,000, making CSTI a wholly-owned subsidiary by June 2026.