Power Grid Corporation of India’s stock has gained 5.4% due to positive expectations from the forthcoming National Electricity Plan with a capex of Rs 9.2 lakh crore. The company raised its capex guidance and holds a robust work pipeline with strong earnings outlook, supported by significant projects and better dividend yield.
US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreat
Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel