Global markets are navigating geopolitical tensions with surprising resilience, particularly in the US. Despite initial fears, financial assets show a weakening correlation with oil prices, while US equities remain robust. The dollar’s strength is linked more to equity performance than oil, suggesting a shift in market focus towards corporate earnings and AI.
ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to Buy
ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit. Revenue grew 28%, while Nomura