Union Bank of India shares fell sharply after its Q4FY26 results disappointed brokerages despite a rise in net profit. Weak NII, a sharp spike in provisions and margin pressure weighed on sentiment. While asset quality improved, analysts remain cautious, citing elevated credit costs and limited upside in the near term.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and