Asian stocks saw a slight increase following positive US economic data, boosting global market confidence. Tech stocks were particularly strong, fueled by a positive outlook from Taiwan Semiconductor and strong earnings from Netflix. The yen stabilized amid cooling inflation data, while the dollar weakened after comments suggesting potential interest rate cuts.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG