Asian stocks opened lower, mirroring a tech selloff on Wall Street driven by concerns over AI investment returns ahead of key earnings. Treasury yields rose as oil prices fueled inflation expectations, curbing Fed rate cut bets. Technology firms’ earnings are now crucial for sustaining the recent global equity rally.
Mcap of nine of top-10 most valued firms jumps Rs 2.51 lakh cr; Bajaj Finance biggest winner
In a surprising turn of events, nine out of the top ten firms reported a significant boost in market valuation. Leading the charge was Bajaj