After a remarkable 1,300% surge, Suzlon Energy’s shares are consolidating, signaling a potential shift in momentum despite a 980% return. Supported by financial restructuring, a strong order book, and a positive energy outlook, the company’s turnaround story is fueled by technical indicators and robust earnings. Brokerages initiate ‘Buy’ ratings, anticipating further growth in India’s renewable energy sector.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as