Asian equity-index futures saw gains following positive Wall Street performance driven by cooling US inflation data, bolstering expectations for Federal Reserve rate cuts. The dollar weakened, and Treasury yields declined. Geopolitical tensions and potential tariff increases introduced some market uncertainty, while optimism grew regarding corporate investment due to anticipated deregulation and tax cuts.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment