Asian stocks dipped as traders await Nvidia’s earnings to gauge the AI market’s strength. With Japan and Australia’s markets seeing declines and Nvidia accounting for over 6% of S&P 500’s market cap, all eyes are on the giant chipmaker. Recent US consumer confidence data highlighted mixed economic sentiment.
Divi’s Laboratories shares gain another 5% after Q2 results. Here’s why Jefferies raised target price by 23%
Shares of Divi’s Laboratories jumped 5% following a 64% YoY surge in Q2 FY27 net profit to Rs 1,127 crore. Brokerage Jefferies raised its target