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GE Vernova T&D India's shares have surged 47% year-to-date, driven by a robust order pipeline including significant contracts from Adani Energy Solutions and Power Grid Corporation. The company's order backlog, exceeding three times its FY25 revenue, signals strong long-term revenue visibility and supports projected revenue growth and capacity expansion.
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Wall Street experts predict a strong rally for the US stock market in 2026. This would mark four consecutive years of gains. Despite concerns about artificial intelligence and economic shifts, strategists are largely optimistic. The S&P 500 is expected to see further growth. This positive outlook is supported by a resilient economy and strong corporate earnings.
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Citgroup on Monday said it is selling the last of its business operations in Russia, and expecting to log a $1.1 billion loss in the process. AO Citibank, which conducts the company's remaining operations in Russia, is being sold to Renaissance Capital, according to the financial institution. gc/sla
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