Asian stocks rose, mirroring Wall Street’s gains, as President Trump’s comments on a “framework” deal regarding Greenland eased market concerns. Precious metals retreated, with gold and silver falling. The US president’s remarks signaled a de-escalation of geopolitical and trade tensions, leading to a return of risk appetite in equities.
Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium rises
Shares of Vedanta’s recently demerged entities traded mixed after their Q1 business updates. Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power fell