AI selloff knocks South Korea, Taiwan down global

South Korea and Taiwan market caps declined significantly after initial gains. This fall was driven by concerns over artificial intelligence capital expenditure sustainability. Taiwan slipped to seventh and South Korea to tenth in global stock market rankings. Indian equities showed resilience, with

India's National Stock Exchange has settled all pending regulatory cases for a significant sum. This settlement clears the final major hurdle for the exchange's long-delayed stock market debut. The Securities and Exchange Board of India agreed to the settlement terms after years of legal battles. NS

The National Stock Exchange reported a profit after tax of ₹3,120 crore for the June quarter. This represents an increase of 8.7% from the previous quarter's earnings. Consolidated revenue from operations saw a decline of 8.2% compared to the prior quarter. Year-on-year, the consolidated profit afte

Brokerages increased price targets for Asian Paints after strong June quarter earnings. Most analysts maintained their existing recommendations for the paint company. Rich valuations and rising raw material costs limit the stock's upside potential. Intense competition also continues to affect the co

Bajaj Finance reported a 28% year-on-year net profit increase for the June quarter. Assets under management climbed 24% to ₹5.47 lakh crore as of June-end. The company added 5.1 million new customers during the quarter. Net interest income rose 23% and net total income increased 22%. Bajaj Finan