When Trump ran for president in early 2016, US equities were on shaky footing, posting their worst start to a year since the financial crisis with a drop of more than 5% in January. By the time of his inauguration, the S&P 500 was coming off a 9.5% gain in 2016 after ending 2015 in the red. The index was trading at 17 times projected earnings. The yield on 10-year Treasuries was around 2.5%, and the fed funds rate sat at 0.75%.
Pricol shares jump 8% after Q2 results; net profit rises 33% YoY to Rs 85 crore
Pricol shares rallied after the company reported strong Q2FY27 results, with consolidated net profit rising 33% and revenue increasing 35% year-on-year. The company also highlighted