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PM Modi will inaugurate Bhogapuram International Airport in Andhra Pradesh on August 1. The greenfield airport aims to boost connectivity, tourism and industry, while new renewable energy transmission projects worth thousands of crores will also be launched.
Speculation over his exit grew after Poonawalla updated his bio on X, removing all references to the BJP and his role as national spokesperson.
The path ahead will still be shaped by AI valuations, commodity prices and geopolitics, but the signals this week pointed to a gradual shift rather than continued stress.
Sensex, Nifty set for a gap-up open as GIFT Nifty rises and Wall Street rallies on Microsoft earnings. Track live market updates here on NDTV Profit's stock market live blog.
Japan's Nikkei surged over 4% as SoftBank and Advantest rallied on renewed optimism around AI spending following strong Microsoft earnings.
Exide Industries share price dropped as much as 1.36% to Rs 446.55 apiece.
The gains followed a sharp rebound in global semiconductor stocks after blockbuster results from the two US technology giants reinforced confidence that AI-related spending remains resilient.
The AI story will continue to Dominate markets for next 12-24 months, according to the emerging markets' strategist.
Mahindra & Mahindra shares rose nearly 3% after the automaker reported June quarter revenue and standalone net profit ahead of Street estimates
The non-bank lender reported a 27.4% year-on-year rise in consolidated Q1 net profit to Rs 5,986 crore, ahead of analysts' expectations of Rs 5,846 crore.
