GE Vernova T&D India shares jumped after the company posted a strong Q4FY26 performance. Net profit surged 89% year-on-year to Rs 352 crore, while revenue rose 42% to Rs 1,640 crore. EBITDA also climbed 77% to Rs 440 crore, supported by robust operational growth and strong order inflows.
Laurence Balanco flags 5% downside risk for Nifty amid global yield surge
Global financial markets are experiencing a risk-off shift driven by rising sovereign bond yields, impacting equities and commodities. Market strategist Laurence Balanco notes that bond