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Samvardhana Motherson shares: Shares of Samvardhana Motherson International Ltd advanced by 3.8% due to the company's announcement that new US tariffs on imported products, including automotive components, would not significantly impact its financials. The stock recovered from earlier losses, influenced by a positive outlook from CLSA.
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The unit will run Ubisoft's biggest franchises, including Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six.
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Indian equity markets corrected significantly in February, with Nifty down ~6%, driven by global trade tensions, weak earnings, and FPI outflows. However, signs of stabilization are visible.
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