Derivatives turnover on India’s National Stock Exchange fell to an 18-month low, while economist Neelkanth Mishra said GDP data cannot be manipulated. Dell Technologies has more than tripled in 2026 on optimism over AI-infrastructure demand, and Snowflake surged 22% in after-hours trading after beating estimates and raising guidance. PayPal cut about 600 jobs in India as part of a global restructuring, and Jefferies initiated coverage of Welspun Corp with a target price implying about 29% upside.

Milky Mist Dairy Food reported a 829% year-on-year surge in Q1 net profit to ₹65 crore, while revenue rose 43.6% to ₹973.4 crore. EBITDA increased 77% to ₹143.8 crore and the EBITDA margin expanded to 15% from 12%. Growth was broad-based across categories, led by yogurt revenue up 153% and ice cream up 60%, while cheese rose 38%, paneer rose 34% and curd increased 27%. Paneer remained the company’s largest revenue contributor.

MSCI’s standard index is set for its regular rebalancing, with Eternal’s weight expected to increase. The change is projected to draw about $674 million of passive inflows tied to roughly 205 million shares. Four other stocks—Laurus Labs, Adani Energy, Lenskart Solutons and Groww parent Billionbrains Garage Ventures—are also being added to the index.

Asia-Pacific stock markets broadly fell on Monday after Federal Reserve Chair Kevin Warsh signaled a possible rate hike in September. South Korea’s Kospi at one point sank more than 3%, while Japan’s Nikkei 225 fell 1.69% and the MSCI Asia Pacific index slipped 0.8%. U.S. equity futures also moved lower, with S&P 500 futures down 0.5% and Nasdaq 100 futures off 0.7%.

Indian IT stocks rallied in early trade on Friday, with the Nifty IT index up 3.27% and names such as LTIMindtree and Coforge rising about 4% to 5%. The move tracked broader gains in global tech shares after Nvidia’s upbeat revenue outlook revived optimism around AI investment. Investors are also watching Federal Reserve Chair Kevin Warsh’s scheduled remarks at Jackson Hole for signals on inflation and the interest-rate path. Interest-rate futures currently imply roughly a 35% chance of a Fed hike at the September meeting.

Foreign investors were net sellers of Indian equities by ₹298 crore on Thursday, ending a three-session buying streak. Domestic institutions bucked the trend with net purchases of nearly ₹5,000 crore. The Sensex and Nifty closed lower, weighed by declines in Reliance Industries’ finance unit and weakness in Bharti Airtel following remarks linked to Temasek. Some financial and jewellery stocks saw swings on expectations of policy changes.

Asian stocks rose on Thursday after Nvidia’s strong sales forecast buoyed confidence in the AI rally. South Korea’s Kospi led regional gains, jumping 2.22%, while the MSCI Asia Pacific index added 0.6%. Japan’s Nikkei 225 rose 0.41% and the Topix gained 0.32%. U.S. equity futures also advanced, with Nasdaq 100 futures up 1.2% and S&P 500 futures higher by 0.6%.

Foreign institutional investors were net buyers of Indian equities for a second consecutive session on Tuesday, with net purchases of ₹1,593.53 crore. Domestic institutional investors also stayed on the buying side, recording net purchases of ₹230.26 crore. Nifty ended the August series 1.5% higher at a two-week high after a sharp late-session rebound. Shriram Finance, IndiGo, Vodafone Idea, Paytm and IREDA rose, while Federal Bank slipped 3% on acquisition talk.

With the S&P 500’s second-quarter reporting season nearing its end, a surge in profits tied to AI-related companies has lifted expected year-over-year earnings growth for index constituents to 52%. Technology-sector profits are estimated to have jumped 74%. Excluding gains from stakes in AI companies, second-quarter profit growth would be about 33%, versus 22.3% in the first quarter on the same basis.