MSCI Rejig: AB Capital, L&T Fin included, IRCTC out; check potential flows
Aditya Birla Capital is estimated to see inflows of about $257 million, while L&T Finance could attract around $238 million.
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After insurance and tech stocks, these shares become the next AI casualty
Altruist Corp.’s AI tax strategy tool triggered a major selloff in wealth-management stocks putting the wealth-management industry in the crosshairs of AI competition, the way it did for software stocks, private credit firms and insurance brokerage shares recently.
Asian shares hold near record high ahead of US jobs data, gold rises
The MSCI Asia Pacific Index was flat after gaining for two days that took the gauge to a record high. The moves follow Wall Street benchmarks retreating on Tuesday.
Titan shares in focus after strong Q3; margins beat Street estimates
Titan currently commands close to an 8% share of the Indian jewellery market.
Oil gains as tensions over Iran eclipse inventory build signs
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Honda reports declining profit as Trump’s tariffs and EV moves hurt Japanese automaker’s results
Honda’s profit dropped 42 percent amid Trump tariffs and US EV slowdown, but motorcycle sales helped. Sanae Takaichi’s election win boosted Nikkei 225 and Honda stock, despite ongoing challenges.
Allcargo Terminals Q3 Results: Net profit surges 21% on record volumes and capacity expansion
Shares of Allcargo Terminals Ltd ended at ₹25.11, down by ₹0.14, or 0.55%, on the BSE.
HEG Q3 Results: Net profit jumps 2.5x on higher revenue and EBITDA expansion
Shares of HEG Ltd ended at ₹557.00, up by ₹11.45, or 2.10%, on the BSE.
US stocks flirt with records as yields fall after a discouraging report on US shoppers
Coca-Cola fell 1.9% after its growth in revenue for the latest quarter fell short of analysts’ expectations. It also gave a forecasted range for growth this upcoming year for an important underlying measure of growth whose midpoint was less than…
Ion Exchange arm bags ₹1,730-cr order from Petroleum Development Oman
Ion Exchange and Company LLC was awarded the contract by Petroleum Development Oman for a design, build, own, operate, and maintain agreement covering a potable water facility and sewage treatment facility. Shares of Ion Exchange (India) Ltd ended at ₹386.90,…