Gold reached a new record high of $4,700 an ounce as geopolitical tensions fueled safe-haven demand, while silver also surpassed $95. A weaker dollar and expectations of US interest rate cuts are further supporting the precious metals’ rally.Read More
Despite strong order bookings, the BSE Infotech index has seen minimal gains, reflecting investor concerns over project execution delays slowing revenue growth. Analysts anticipate a gradual recovery driven by large deal ramp-ups and AI opportunities, though short-term trends remain subject to geopolitical factors.Read More
Asian markets fell Wednesday, mirroring a Wall Street slump. Investors reacted to trade tensions over Greenland and bond market volatility. Gold prices reached a new record. Japanese, South Korean, and Australian stocks opened lower. US Treasury yields saw a significant rise. Global funds are pulling back from American assets. This situation highlights growing investor unease.Read More
Major Wall Street indexes experienced their largest one-day drops in three months, driven by renewed tariff threats from President Trump against Europe. This “risk-off” sentiment boosted gold to record highs and pressured U.S. Treasuries, while Bitcoin also declined. The selloff, triggered by Trump’s proposed tariffs on European goods, raises concerns about market volatility.Read More
Indian markets saw a decline on Tuesday due to widespread selling and weak global sentiment. Analysts are watching key sectors like banking and IT for potential rebounds. Several companies including Eternal, Tata Motors, and AU Small Finance Bank are in focus due to news and third-quarter results.Read More
United Spirits reported a 25% year-on-year increase in its December quarter consolidated net profit, reaching Rs 418 crore. Revenue from operations saw a nearly 3% rise to Rs 7,942 crore. The company also announced an interim dividend of Rs 6 per equity share.Read More
U.S. bank stocks fell in morning trading on Tuesday in a broader market decline as investors waited to see if the Trump administration’s January 20 deadline to implement a 10% cap on credit card interest rates would take effect.Read More
Netflix has switched to an all-cash offer for Warner Bros Discovery’s studio and streaming assets without increasing the $82.7 billion price in a bid to shut the door on Paramount’s rival efforts to snag the Hollywood giant.Read More
U.S. IT hardware stocks dropped on Tuesday after Morgan Stanley downgraded the sector, warning of slowing demand as companies rein in spending amid economic uncertainty and rising component costs.Read More
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