The British pound and yen faced pressure amid global fiscal concerns and Japanese political uncertainty. UK’s borrowing costs surged, impacting sterling, while Japan’s yen weakened following a ruling party official’s resignation announcement. This boosted the dollar against other currencies. Investors are also closely monitoring upcoming U.S.
PNB shares jump 8% after Q2 results beat estimates; Jefferies, Motilal Oswal, others raise target prices
Punjab National Bank shares rose sharply on Monday after the lender reported a 13% year-on-year rise in Q2FY27 net profit to Rs 5,532 crore. Stronger