Asian equities displayed mixed performance following Wall Street’s rally, fueled by hopes of Federal Reserve rate cuts after a drop in producer prices. US futures saw slight gains as the S&P 500 reached a new record.
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.
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