My view is that it is a bear market rally in the US. The reason to be sceptical about the rally in America is that you have a double whammy – tightening of higher rates and shrinking balance sheets – which is negative for liquidity.
DMart operator Avenue Supermarts reported an 8.5% year-on-year rise in consolidated net profit to Rs 743 crore in Q2FY27, while revenue grew 17.8% to Rs
Adani Green Energy reported a 24% year-on-year rise in operational capacity to 20,763 MW in H1FY27, while energy sales jumped 32% to 25,747 million units.
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