Japan’s Nikkei share average declined in choppy trade on Wednesday. Technology stocks faced pressure after overnight losses on the Nasdaq index. Investors showed caution regarding the durability of the AI-driven market rally. This sentiment followed Samsung Electronics’ earnings which did not meet elevated expectations. Some domestic demand-sensitive shares and memory chip makers saw gains.
RCF shares jump 3% after board approves Rs 1,500 crore FPO
RCF shares witnessed an uptick on Wednesday after the state-owned fertiliser maker’s board approved raising up to Rs 1,500 crore through a further public offering