Shares in Australia rose while Japan was steady. Hong Kong equity index futures pointed to a lower open while contracts for the S&P 500 and Nasdaq 100 were little changed in early Asian trade. Nvidia shares swung between gains and losses in after-hours trading. The chipmaker at the center of an AI spending boom, delivered a good-but-not-great quarterly numbers, drawing a muted response from investors accustomed to blowout results.
Adani Power shares may rally 18%, positioned as a pure play in India’s thermal power space: InCred Equities
InCred Equities has initiated coverage on Adani Power with an ‘add’ rating and a target price of Rs 649, citing a potential 17.8% upside. The