Ujjivan Small Finance Bank rebounded 16% from its 52-week low after announcing plans to apply for a universal banking license. Despite weak Q3 results, analysts remain positive due to improving secured assets and long-term growth prospects, retaining a “buy” rating.
Tech equity sales renew AI debt-binge worries
Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it also suggests increased borrowing and capital