Sonata Software shares surged nearly 10% after the company reported a 21% rise in Q4 FY26 net profit, despite a decline in revenue. Strong EBITDA growth and deal wins supported sentiment, while the firm announced a final dividend. Segment performance remained steady, with gains in both international and domestic businesses.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend