Foreign investors continued their significant sell-off in Indian equities, offloading Rs 48,213 crore in April alone. Despite this trend, domestic markets ended Friday with strong gains, buoyed by buying from local institutional investors. Market direction hinges on upcoming US-Iran peace talks, which could impact crude prices and investor sentiment.Read More
US stocks closed mixed as investors weighed Middle East tensions and Iran peace talks. Inflation rose due to energy shocks, while Dow and S&P slipped but Nasdaq gained on tech strength. Despite volatility, all major indexes posted weekly gains as traders stayed cautious ahead of major earnings and macro risks.Read More
US inflation pressures are rising again as CPI shows the fastest monthly increase in nearly four years, driven mainly by energy costs linked to geopolitical tensions. While headline inflation spikes, core inflation remains relatively stable. The Federal Reserve is expected to hold rates steady, balancing oil-driven volatility and growth risks.Read More
Bill Ackman, the prominent hedge fund manager, has set his sights on Universal Music Group with a staggering acquisition proposal that could shake up the industry landscape. Essential to this venture is the support from Vincent Bollore, the influential French billionaire who possesses nearly one-third of the music powerhouse.Read More
Friday brought exciting news for investors as copper prices climbed to their highest point in three weeks. Positive indicators from China’s demand landscape clashed with worries regarding the fragile peace in Iran. The noticeable decrease in copper stored in Chinese warehouses added fuel to the fire.Read More
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