In today’s trade, railway stocks fell by up to 17%. Titagarh Rail shares tumbled 33%, while Ircon declined by over 26%. Meanwhile, RailTel and IRCTC also fell by over 19% in the past two sessions. Shares of RITES, IRFC, RVNL, Texmaco Rail Systems, and Jupiter Wagons saw declines of between 18-23%.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following