HFCL shares have surged 17% in two days and an impressive 170% in 2026, driven by strong earnings recovery, major defence orders and growing demand for optical fibre amid the global AI boom. Analysts say the stock remains a high-risk, high-reward bet, with sustainability hinging on order momentum and execution strength.
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