Asian shares advanced, mirroring a Wall Street rally fueled by technology stocks. The yen stabilized after intervention-driven gains, while oil prices declined amid easing Middle East tensions. Investors anticipate a busy corporate earnings week, seeking evidence of AI spending translating into growth. US manufacturing activity expanded rapidly, showing strong demand and increased production. Markets are shifting focus from flows to earnings and macroeconomic factors.
Juniper Green Energy IPO allotment likely today; GMP signals 4% listing premium. Here’s how to check your status
Ahead of its stock market debut on August 6, the company’s shares are commanding a Grey Market Premium (GMP) of around Rs 10 per share.