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Despite sustained FII selling, strong domestic mutual fund inflows are helping stabilise markets, reflecting a structural shift in investor behaviour. V Srivatsa of UTI AMC highlighted rising investor maturity, elevated mid- and small-cap valuations, and advised a balanced asset allocation with a tilt towards largecaps and hybrid funds amid global uncertainties.
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Allbirds shares skyrocketed nearly 600% in a single session after the footwear brand unveiled a dramatic pivot to AI compute infrastructure, rebranding as NewBird AI and securing a $50 million financing facility to buy GPUs. The move marks a complete shift from its sustainable sneaker roots to the booming AI ecosystem.
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Realty firm Kalpataru has reported 6 per cent increase in sales bookings at Rs 1,833 crore for the fourth quarter of the last fiscal.
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Realty firm Brigade Enterprises Ltd on Wednesday said it will develop a 39-acre township project in Bengaluru with an estimated revenue potential of Rs 7,200 crore.
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Realty firm Signature Global on Thursday said it has tied up with Italian lifestyle brand Tonino Lamborghini to develop a luxury housing project in Gurugram.
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