Indian equities rebounded sharply as the BSE Sensex surged 900 points to 80,015 and the NSE Nifty 50 rose 285 points, tracking a recovery in global markets. Buying in metals, auto and realty supported gains while IT stocks lagged.Read More
Richmond Fed president Tom Barkin said still high inflation and stronger recent jobs numbers may shift the Fed’s risk outlook at a time when the U.S. conflict with Iran could further push up key consumer prices.Read More
Broadcom shares rose nearly 3% on Thursday after the company predicted over $100 billion in AI chip sales next year, signaling rapid share gains in the market dominated by Nvidia.Read More
Wall Street’s main indexes opened lower on Thursday as the Middle East conflict entered its sixth day, raising concerns of fresh inflation pressures that could complicate the Federal Reserve’s monetary policy decisions.Read More
The BSE Sensex surged 900 points to close above 80,000, pushing several stocks to fresh yearly highs. Companies including Data Patterns (India), Sai Life Sciences, Vardhman Textiles, and Lupin showed strong momentum with notable gains over the past month.Read More
Market ups and downs are normal. Carlos Slim Helu, a business magnate, teaches that courage is key. Sound investments, backed by strong fundamentals, recover from crises. Emotional control helps investors distinguish temporary declines from fundamental changes. Patient capital is rewarded as quality businesses endure market volatility. This approach leads to long-term prosperity.Read More
A steep selloff in U.S. Treasuries continued for a fourth day on Thursday, as investors fretted that surging energy prices from the war in the Middle East could stoke inflation and derail the Federal Reserve’s rate outlook.Read More
The Indian rupee logged its biggest one-day gain in a month on Thursday after the Reserve Bank of India stepped in aggressively to shore up the currency, with bankers expecting the central bank to stay on guard as geopolitical risks persist.Read More
Force Motors shares dropped up to 4% after the company disclosed that SEBI has sought additional information related to its Q2 FY25 financial results announcement. The regulator has asked for details including chronology of events, insiders and structured digital database extracts. The company said there is no financial impact and will respond within timelines.Read More
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