Asian equities declined following Wall Street’s tech selloff, triggered by Nvidia’s slump and concerns over an overextended rally. Investors are reducing tech positions amid worries the rally has moved too fast, with attention shifting to Jerome Powell’s upcoming speech at Jackson Hole.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51