The U.S. stock market has achieved record highs, fueled by hopes of cooling U.S.-Iran tensions and an anticipated robust first-quarter earnings season. Despite war-related concerns, major indexes like the S&P 500 and Nasdaq have seen a swift rebound, with investors now focusing on corporate profits. However, elevated oil prices and potential inflation remain key concerns.
KEI Industries shares surge 7% after Q1FY27 profit jumps 40%, revenue rises 23%
Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in Q1 FY27 net profit to Rs 274