Market analysts warn that Asian equity investors may be overweighting the AI trade relative to fundamental shifts in global bond markets and rising interest rates, which could pose a significant headwind to asset valuations built on the post-2008 zero-rate environment.

Muthoot Finance's shares plunged over 8% despite reporting a 105% year-on-year surge in net profit to Rs 3,086 crore for Q4 FY26. The company also saw a significant 68.5% rise in revenue and a 95% increase in full-year profit. Analysts from Jefferies and Morgan Stanley maintained 'Buy' and 'Overweight' ratings respectively, though target prices were adjusted.