Info Edge shares surged significantly after releasing its Q1 FY27 business update. The company reported a 14% increase in standalone billings for the quarter. Brokerages like Nomura and Goldman Sachs issued bullish calls and raised target prices. Naukri and 99acres showed strong billings growth during this period. This positive performance led to a substantial rise in Info Edge’s market capitalization.
Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets
Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation