Asian markets opened lower mirroring losses in the US. Global investors adopted a risk-off approach. Technology stocks faced significant selling pressure. This sentiment impacted cryptocurrencies like Bitcoin. However, US futures showed a slight uptick. Concerns over AI company valuations and infrastructure spending are growing. This led to a rise in Treasury yields for longer maturities. Gold and silver prices surged.
KEC International shares climb 7% on Rs 1,754 crore order win
KEC International shares rose nearly 7% on Tuesday after the infrastructure EPC firm announced fresh orders worth Rs 1,754 crore across its Transmission & Distribution