Polycab India shares surged after reporting strong Q2 FY26 results, with consolidated net profit up 56% and revenue rising nearly 18% YoY. Analysts remain positive, citing robust growth in wires and cables and FMEG segments, strong exports, and margin expansion. The stock has gained over 40% in six months.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.