Wall Street saw a sharp rise in indexes. This happened after the US and China agreed to temporarily reduce tariffs. The S&P 500 reached its highest level since early March. Investors are hopeful that this will ease the global trade war. The Dow, S&P 500, and Nasdaq all experienced significant gains. Safe-haven gold saw a fall.
BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside
BofA expects India’s wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable