Motilal Oswal Financial Services saw its net loss widen in the March quarter. Revenue from operations surged 125 percent year-on-year. The company’s operating profit after tax grew 25 percent. Asset and Private Wealth Management businesses showed robust growth. Asset Management PAT increased 63 percent. Total assets under management grew 32 percent. SIP inflows surged 78 percent.
Global Market Today: Asian stocks rise following chip rally, oil slips
Asian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears eased. South Korea’s Kospi index