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Why did market rise today? Sensex jumps 564 pts, Nifty closes above 23,400. 4 key factors driving the surgeIndian stock markets saw gains on Monday, with Sensex and Nifty rising. Cooling oil prices and strong global cues boosted investor sentimen...- Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in Dixon Technologies, OFSS, 30 others in AugustSunil Singhania-backed Abakkus Flexi Cap Fund increased its holdings in 32 stocks during August, including Dixon Technologies, OFSS, NTPC, ...
- US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
- America in focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%The US economy remained in focus as inflation, borrowing costs and consumer spending has been shaping the outlook for households and busine...
- JioBlackRock Mutual Fund files draft document with Sebi for income plus arbitrage omni FoFJioBlackRock Mutual Fund has filed draft documents with Sebi for an income plus arbitrage omni FoF, which will invest in debt-oriented and ...
- CAS chaos continues: Sensex indicative price tumbles nearly 1,000 points in seconds, closes in red but Nifty ends above 23,300Indian stock markets showed divergence as Sensex closed lower and Nifty ended higher. Sharp swings occurred during the closing auction sess...
- Rupee logs weekly decline; traders expect losses to be capped near 96 against USDThe Indian rupee witnessed a downturn this week, driven by expectations of rising global interest rates. Following fluctuations, oil prices...
- Global Market: European shares edge lower as telecom stocks weighEuropean shares edged lower on Friday, with the STOXX 600 slipping 0.2% as telecommunications and food stocks weighed on the benchmark. Tec...
- PKL media rights in flux as JioStar, teams seek to avert an ISL-style falloutPro Kabaddi League media rights talks involve JioStar seeking a fee reduction and franchises protecting the previous benchmark. Franchise o...
- Voice AI models struggle to understand speech, creating challenges for robot training: Humyn LabsVoice AI models frequently encounter hurdles when it comes to grasping the intricacies of human speech. Variances in dialects and overlappi...
- Dollar bonds to lose some lustre as US yields surgeOverseas bond sales may moderate as the US Federal Reserve increases interest rates. Bank of Maharashtra priced its debut bond at a higher ...
- Abhishek Sharma breaks Rohit Sharma’s record with 30-ball T20I century; creates history with new powerplay benchmarkAbhishek Sharma breaks Rohit Sharma’s record: Abhishek Sharma has made history by scoring the fastest T20 International century by an India...
- Global Market: Bank of England seen holding rates as UK inflation climbsThe Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher ...
- Global Market: Fed rate hike signals tougher road ahead for stocks, bondsThe Federal Reserve raised its benchmark interest rate by 25 basis points, prompting investors to reassess the outlook for further tighteni...
- Government reviews use of ship-recycled steel to boost manufacturingMinisters reviewed using ship recycling steel to boost domestic production. Key stakeholders examined regulations for secondary steel usage...
- Government bond yields edge higher on OMO sales, Fed rate betsGovernment bond yields increased on Tuesday following central bank bond sales. Retail inflation reached a twenty-month high, fueling rate h...
- Gold slips as oil gains strengthen case for elevated interest ratesGold experienced a decline on Tuesday, influenced by a rise in crude oil prices. Compounding this drop were growing fears over inflation an...
- US 10-year yields reach 5%, highest since October 2023The rise of U.S. Treasury yields over five percent indicates expectations for a longer period of elevated interest rates. This trend comes ...
- 10-year bond yield crosses 7% as RBI trims auction bidsOn Friday, benchmark government bond yields climbed by five basis points, surpassing the 7% threshold. The Reserve Bank of India managed to...
- Amid US-Iran war and rising LNG rates, GAIL Gas turns to blended pricing to keep industrial gas affordableGAIL Gas employs blended pricing to keep industrial natural gas affordable. This strategy uses varied gas supplies and contractual flexibil...
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