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NLC India approved the listing of its renewables arm with up to 25% stake sale, announced an interim dividend, and cleared fresh investment plans, as the PSU pushes renewable growth despite lagging recent returns but strong long-term stock performance.
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Wall ‍Street’s main ​indexes opened lower ⁠on Monday after the Trump administration renewed ‌its attacks ‌on the Federal Reserve, ‌stoking fresh worries about the central bank’s independence, while a ​proposed one-year ​cap on credit-card interest ‌rates ‍weighed on ‍financial stocks.
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Indian markets rebounded to end a five-day losing streak as trade optimism with the US lifted sentiment. Sensex and Nifty closed higher, supported by buying in metals, banks and consumers, though analysts warned resistance and cautious sentiment persist.
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Alphabet hit a $4 trillion market valuation on Monday, as the Google parent’s ‍sharpened artificial intelligence focus allayed ​doubts about its strategy and thrust it back to ⁠the forefront of the high-stakes race.
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Stocks of credit-card companies are tumbling on Monday after President Donald Trump threatened moves that could eat into their profits.
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