Gensol promoters sell 2.37% stake after 70% drop in shares, to consider stock split

Gensol Engineering’s promoters sold 2.37% equity to unlock liquidity for reinvestment following a 70% stock plunge over eight trading sessions. The company is considering a stock split and various fundraising options, and its CFO recently resigned. Multiple credit rating downgrades exacerbated the stock decline.

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Asian markets edge higher after Wall Street rally

Asian stocks experienced a slight increase following Wall Street’s record-breaking rally, fueled by renewed optimism in big tech, particularly Nvidia’s investment in OpenAI. While US