President Donald Trumps plan to boost artificial intelligence and build data centers across the U.S. could speed up a building boom that was already expected to strain the nations ability to power it.
Bank of Baroda posted a modest 2% YoY rise in Q1 FY26 profit to 4,541 crore. Net interest income dipped 1.4%, impacted by tax refund reclassification. Deposits and advances, both domestic and international, grew strongly year-on-year.
As of June 2025, B30 locations accounted for 18% of mutual fund assets, with a strong preference for equity schemes (76.77%). Assets from B30 grew 24% YoY, while institutional investments remained concentrated in T30. Retail investors preferred Non-Associate Distributors, though direct investments remained significant across investor categories.
Now called the Aspire Center for Workforce Innovation, the buildings second life is the brainchild of the community group Austin Coming Together and the nonprofit Westside Health Authority.
Brigade Hotel Ventures' Rs 759.6 crore IPO saw 1.18 times subscription on its second day, driven by retail and NII interest. The IPO, priced at Rs 85-90, features expansion plans to 14 hotels by FY29. Despite premium assets and brand partnerships, analysts are divided due to high valuations, suggesting limited near-term gains.
Amid market declines, Sneha Seth from Angel One notes key support levels for Nifty and Bank Nifty, emphasizing stock-specific opportunities. She suggests watching for a Nifty close above 24,900 for a potential rebound. Seth recommends a buy on Dr. Reddy's with a target of 1,324 and a sell on IndusInd Bank targeting 797, highlighting pharma's resilience during corrections.
Raamdeo Agrawal of Motilal Oswal Group notes significant growth in capital markets. QIP and IPO activities are booming. The AMC sector is expanding rapidly. AUM has grown substantially. While AUM-based businesses flourish, broking remains subdued. He expresses concern over richly valued markets needing earnings support. He anticipates economic pickup in the second half of the year with easing credit flow.
