GQG Partners has recently executed a block deal, offloading ITC shares worth approximately ₹9,395 crore. The firm has also downplayed its presence in several Adani Group enterprises this year, while simultaneously ramping up investments in JSW Energy and JSW Steel during the June quarter. In total, GQG has scaled back investments worth around ₹24,400 crore across various Indian firms since early 2026, continuing to oversee assets exceeding $156 billion.
CoreWeave shares surge over 26%, spark rally in battered AI cloud stocks
CoreWeave’s shares experienced a significant increase of over 26% due to strong revenue growth. The company’s recent earnings alleviated concerns about a potential artificial intelligence