Asian stock markets showed mixed performance. Investors are keenly waiting for Nvidia’s earnings report. This report will likely guide market trends. Nikon shares rose in Japan. Cambricon Technologies in China reported record profits. US shares increased, led by Nvidia. Investors are also watching for Friday’s inflation data. The market is focused on a potential September rate cut.
PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?
PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such