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Artificial intelligence has ​triggered a generational shift in the U.S. labor market and could lead to a possible rise in the unemployment rate that the U.S. central bank may not be able to counter with lower interest rates, ‌Federal Reserve Governor ⁠Lisa ⁠Cook said on Tuesday.
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Markets remained volatile as Nifty slipped below its 21EMA amid long unwinding but found support near the 200DMA. Analysts see a 25,300–25,750 range with heightened India VIX. A decisive break below 25,400 may trigger further downside, while selective buying continues in specific stocks.
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Copper prices rose to ​their highest level in more than ​a week on Tuesday, propelled by positive sentiment and firmer demand ​in top metals consumer China, where markets reopened after a holiday.
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The U.S. Securities and Exchange Commission ​will give targets of investigations ​more time to respond to its notices of potential ​charges as part of a broader update of its internal enforcement protocols, the agency said.
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Schaeffler India announced a Rs 35 per share dividend following a 36% YoY Q4 net profit rise to Rs 322 crore. Revenue grew 28% YoY, with sequential profit up 11%, reflecting robust operational performance.
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