CLSA’s equity strategist predicts an AI bubble burst within a year due to concerns over returns on significant sector investments. This sell-off is expected to benefit India as investors reallocate funds from Taiwan and Korea, seeking less frothy markets. India’s appeal lies in its cheaper valuations and the exhaustion of alternative investment options.
Aegis Logistics shares rally 4% as Q4 profit rises 45% YoY
Aegis Logistics shares rose sharply after the company reported a 45% year-on-year rise in Q4 FY26 consolidated net profit to Rs 413 crore, supported by