New U.S. sanctions on Russian oil giants are impacting global energy markets, with India facing supply challenges. Analyst Geoff Dennis sees potential for easing U.S.-China trade tensions following a meeting between Trump and Xi, favoring equities, particularly in emerging markets like India, despite recent underperformance.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
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