Motilal Oswal Financial Services reported a consolidated net profit of Rs 1,273 crore for Q1 FY27. Revenue from operations jumped over 25% year-on-year to Rs 3,426 crore during the quarter. The company achieved its highest ever operating profit after tax of Rs 1,513 crore. Its asset management business profit surged 73% to Rs 245 crore. The wealth management segment saw a 42% rise in Annual Recurring Revenue.
US stocks today: Nasdaq lags on angst over AI spending ahead of earnings reports
U.S. markets closed mixed as the Nasdaq declined on chip stock weakness driven by concerns over heavy AI spending, while the Dow rose and the