Maruti Suzuki India has ascended to become the world’s eighth most valuable automaker, surpassing giants like Ford and General Motors. Fuelled by positive investor sentiment following tax reforms and a revamped GST regime, Maruti’s market capitalization has soared to nearly $57.6 billion. The company’s stock has rallied significantly, outperforming the Nifty Auto index, with foreign investors increasing their exposure.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking