Morgan Stanley has lowered India’s rating to ‘equal weight’. This move is due to geopolitical uncertainties and oil supply concerns. The firm remains positive on Japan, Brazil, and Singapore. While India’s economy is more stable against oil price hikes, AI disruptions and high valuations are also factors.
United Breweries shares rally 14% after Q2FY27 profit jumps 191% YoY
United Breweries shares surged by 14.44% as the company announced a staggering 191% jump in net profit, now at Rs 135 crore for the September