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Honeywell is selling its productivity solutions and services unit to Brady for $1.4 billion in an all-cash deal. This move aims to streamline Honeywell’s business footprint as it prepares to split into separate aerospace, automation, and advanced materials units. The divestiture is expected to be completed in the second half of 2026.
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Nifty closed with slight gains after rebounding from intraday lows, driven by SBI and ICICI Bank. Analysts noted resistance near 24,500 and support at 24,270, while CESC and Trent showed bullish breakouts with strong momentum and volume expansion.
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Indian markets closed with modest gains led by SBI and ICICI Bank, as auto and energy sectors recovered; Nifty 50 up 0.05% at 24,364.85, Sensex up 0.03% at 78,520.30. India VIX rose 9.21% amid volatility. US and European markets mixed on geopolitical tensions.
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Adobe launched a suite of ​artificial intelligence tools ​on Monday to help corporate clients ​automate and personalize digital marketing functions, in a bid to fend off competition from autonomous tools ‌offered ⁠by startups ⁠such as Anthropic.
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Marvell Technology’s shares jumped nearly 5% on Monday following a report that Alphabet’s Google is ​in talks with the chip designer ​to develop two new chips aimed at running AI models more ​efficiently.
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