Indian equities closed February on a weaker note as the Sensex and Nifty slipped, led by a sharp drop in IT shares amid concerns about AI-driven disruptions. Foreign institutional buyers returned, but domestic institutional purchases slowed. Geopolitical tensions and rich valuations kept risk sentiment under pressure, with analysts forecasting a continued uneasy tone in the near term.
Maruti Suzuki Q1 profit drops 11% to Rs 3,352 crore amid rising input costs
Maruti Suzuki reported an eleven percent profit decline in the June quarter. Rising input costs, aggravated by West Asia hostilities, impacted profitability significantly. However, net