South Korean chipmakers Samsung and SK Hynix collectively posted record profits of $59.7 billion in the March 2026 quarter, surpassing India Inc’s aggregate profit for any previous quarter. This surge is driven by booming AI capital expenditure, with memory chips being central to the technology.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase