The S&P 500 retreated from record highs on Friday, dragged down by losses in AI-related stocks like Dell and Nvidia, as investors analyzed inflation data reflecting the impact of tariffs. Alibaba’s U.S. shares surged following a strong cloud computing report.
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