Wipro and Infosys shares in focus as ADRs tumbled as much as 6% overnight, reflecting investor unease over the global software sector. This sell-off was triggered by AI startup Anthropic’s new tool for legal teams, intensifying concerns about competition and margin pressure from widespread AI adoption.Read More
The main outcome of shrinking the balance sheet would be to have a yield curve that is more normally positively sloped as it was historically before all the intervention following the financial crisis,” said Eric Kuby, chief investment officer at North Star Investment Management Corp in Chicago.Read More
Bitcoin and US equities declined amid rising US-Iran tensions, failing to act as safe havens unlike gold and silver. This selloff, wiping out nearly half a trillion dollars from crypto markets, has fueled doubts about Bitcoin’s ‘digital gold’ status. Investor sentiment has shifted to extreme fear as Bitcoin hit a 15-month low.Read More
The Rs 29.20 crore IPO of Kanishk Aluminium was a fixed-price issue and was open for subscription from January 28 to January 30. The issue was subscribed just about 1.04 times overall, reflecting modest investor interestRead More
Accretion Nutraveda IPO: Demand from non-institutional investors stood at 2.08 times, while the qualified institutional buyers’ portion was subscribed marginally at 1.01 times. The company had also raised Rs 7.02 crore from anchor investors ahead of the public issue.Read More
Waaree Energies’ shares surged following a US-India trade deal easing tariffs, boosting export prospects. The company also reported strong Q3 results, exceeding Ebitda guidance and expanding its order book. Strategic backward integration and diversification into BESS and green hydrogen further underpin its growth trajectory.Read More
Asian stocks declined as a tech selloff impacted US benchmarks, prompting a rotation into economically sensitive sectors. Advanced Micro Devices’ disappointing forecast contributed to the tech downturn, while FedEx and Walmart saw gains. Oil prices climbed following a US Navy drone interception.Read More
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