V-Mart Retail shares experienced a decline of 6.2% despite positive financial news. The company reported a net profit of Rs 19 crore for the March 2025 quarter, a significant improvement from the previous year. Revenue also increased by 17%. The board approved a 3:1 bonus share issue. However, the board did not recommend dividend.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.