Asian stocks saw a slight increase following positive US economic data, boosting global market confidence. Tech stocks were particularly strong, fueled by a positive outlook from Taiwan Semiconductor and strong earnings from Netflix. The yen stabilized amid cooling inflation data, while the dollar weakened after comments suggesting potential interest rate cuts.
Melody effect: Wrong ‘Parle’ stock hits 5% upper circuit for 4th day, up 21% since PM Modi’s gift for Meloni
Parle Industries shares hit the 5% upper circuit for the fourth consecutive session amid speculation that investors are mistaking it for unlisted FMCG major Parle