Rising fuel costs and renewed market volatility are raising concerns that the conflict involving the United States, Israel and Iran could strain U.S. consumer spending and spill over into global equities. Higher gasoline prices, softer stock markets and heightened geopolitical risks are threatening demand, inflation expectations and the broader global economic outlook.Read More
Indian government bonds gained early on Wednesday after global oil prices eased from multi-year highs, while investors also awaited details of the central bank’s upcoming bond purchases on Friday.Read More
Nuvama says fears that Gen-AI will cripple India’s IT services model are overblown, invoking Mark Twain’s line that “reports of my death are greatly exaggerated.” After a sharp AI-driven selloff that pushed valuations to multi-year lows, the brokerage has upgraded all top 10 IT stocks to “BUY,” arguing the sector is poised for a comeback as AI services demand accelerates.Read More
Cupid shares experienced a dip on Wednesday after a two-day rally that drove the stock 15% higher after the company’s 4:1 bonus issue. In January this year, Cupid announced its board of directors had approved the issue of bonus shares in the ratio of 4:1. The company had set March 9 as the record date to determine the eligibility of shareholders to receive the bonus...Read More
US corporate insiders significantly increased stock sales in February while limiting purchases, pushing the seller-to-buyer ratio to its highest level since July 2024. Data from The Washington Service showed rising executive caution amid market volatility, technological disruption concerns and geopolitical risks, signalling a more guarded sentiment across US equity markets.Read More
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