The Indian rupee held steady near 90.92 against the dollar, supported by a weaker greenback and foreign bank sales. Local stocks, particularly IT shares, rebounded, contributing to modest dollar inflows. Global markets were buoyed by AI enthusiasm and anticipation surrounding U.S. President Trump’s address, though trade uncertainty persists.Read More
Gold reclaimed the Rs 1.6 lakh mark while silver surged Rs 7,200 on the MCX amid tariff uncertainty and geopolitical tensions. Experts expect continued volatility, with support from global cues and dollar movement, while advising cautious trading strategies as markets react to evolving macroeconomic and geopolitical developments.Read More
Fintech firm One MobiKwik Systems saw its stock surge on BSE’s approval for its subsidiary’s broking operations, though gains were mostly trimmed. The company, which offers digital wallets and payment services, has faced prolonged underperformance since its IPO. MobiKwik returned to profitability in the last quarter, reporting its highest revenue in six quarters.Read More
US consumer confidence unexpectedly rose in February, driven by younger demographics, yet concerns about job availability persist, reaching a five-year high. This mixed sentiment, influenced by policy uncertainty, presents a complex outlook for the Wall Street as investors weigh improved confidence against potential labor market softening.Read More
Indian stock markets opened higher on Wednesday. Tech stocks bounced back after yesterday’s sharp decline. Sensex and Nifty 50 saw gains. IT and Metal sectors led the recovery. Foreign investors were net sellers, while domestic investors bought equities. US markets also closed higher. Crude oil prices increased amid supply concerns.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
