U.S. software firms are boosting stock buybacks amid a significant market downturn, but experts doubt this will halt the selling. Investors are wary of AI’s disruptive potential, causing a sharp decline in software stocks. While buybacks aim to support share prices and signal confidence, many believe concrete evidence of AI’s impact on business prospects is needed before confidence returns.Read More
European shares extended their decline on Tuesday, mirroring a global equity selloff as investors grappled with the prospect of a prolonged Middle East conflict. A sharp jump in oil prices, fueled by Iran’s threat to close the Strait of Hormuz, raised fears of increased living costs and upward pressure on inflation.Read More
Japanese shares experienced their sharpest decline in months on Tuesday, with the Topix and Nikkei indices slumping significantly. Escalating Middle East tensions, rising crude oil futures, and a stronger dollar fueled inflation concerns, impacting investor sentiment and weighing on the equity market.Read More
Gaurs Group is investing Rs 100 crore to establish a precast manufacturing plant in Greater Noida, partnering with Elematic India for advanced concrete technology. This backward integration aims to enhance construction capabilities, improve efficiency, and reduce project timelines by approximately 30 percent. The facility will produce key structural components and is expected to be operational within six months.Read More
Indian stock exchanges will remain open on Wednesday, March 4, despite Holi celebrations in several states, as the official holiday was observed on March 3. The clarification comes amid heightened market volatility, with the Nifty under pressure due to global weakness, rising crude prices and geopolitical tensions in West Asia.Read More
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