Vodafone Idea shares surged over 4% to a new record high, driven by a significant net profit increase in Q4 FY26, largely due to accounting gains. Despite a near 100% rally in the past year, brokerages remain cautious, with Nomura downgrading to ‘Neutral’ while increasing its target price, citing the need for successful debt raises to fund its strategic plan.
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
October 1, 2026