HFCL shares extended their sharp rally for a fifth straight session after strong Q4FY26 earnings and fresh telecom orders boosted investor sentiment. The stock has nearly doubled in a month amid improving profitability, strong revenue growth and momentum buying, though technical indicators suggest the counter may be entering overbought territory.
Bets on US Federal Reserve rate hike in October fall as job market cools
Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a