Indian markets saw a sharp fall on Thursday. Early gains in Wall Street stocks reversed as technology shares declined. Nvidia’s earnings and U.S. jobs data influenced investor sentiment. The unemployment rate rose, increasing chances of a Federal Reserve rate cut. Consumer staples led gains while technology stocks fell. Walmart advanced on a raised forecast.Read More
The dollar strengthened as investors anticipate the Federal Reserve holding interest rates steady next month, despite a mixed U.S. jobs report. Meanwhile, Japan’s finance minister hinted at currency intervention to combat a weakening yen, which has hit multi-month lows. The euro and sterling saw minor movements against the dollar, with market focus also on Britain’s...Read More
Sudeep Pharma’s Rs 895 crore IPO opened today, following a robust anchor investor response and rising grey market premiums. The company, a specialty ingredients manufacturer, aims to capitalize on India’s expanding food and pharmaceutical markets. With strong financial performance and global reach, it presents a compelling long-term investment opportunity.Read More
IndusInd Bank has begun early discussions to gauge investor interest for a potential qualified institutional placement, according to people aware of the matter. Senior management has been meeting investors after recent discrepancies in forex derivatives triggered senior-level exits.Read More
Nvidia projected strong revenue exceeding analyst expectations, countering AI bubble concerns. The company anticipates a significant revenue surge in upcoming quarters, signaling sustained demand for its AI chips. This positive outlook boosted Nvidia’s stock and related tech companies, indicating robust momentum in the AI industry.Read More
Investors seeking high-risk opportunities can consider the Nifty IT index fund. The sector has faced headwinds, leading to underperformance and attractive valuations. Fund managers see this as a good entry point. Indian IT companies are navigating AI’s impact, presenting both challenges and opportunities. Global corporations will continue to depend on IT service partners for AI...Read More
The National Highways Authority of India has appointed Raajmarg Infra Investment Managers as the investment manager for the upcoming Raajmarg Infra Investment Trust. Retail and public investors can expect the first unit issuance in February 2026. Over the next three to five years, approximately 1,500 kilometers of operational national highways will be introduced into the...Read More
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