Indian markets saw a strong rally. Cooler inflation data and upbeat corporate earnings propelled US stock indexes to record highs. This performance sets a positive tone for upcoming earnings reports and an anticipated interest rate cut by the Federal Reserve. Investors are keenly watching major tech companies like Meta, Microsoft, Alphabet, and Apple for further market direction.
Axis Bank shares rise 2% as lender set to invest Rs 1,500 crore into NBFC arm Axis Finance
Axis Bank shares gained after the lender approved a Rs 1,500 crore capital infusion into its NBFC arm, Axis Finance. The move follows a pause