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MARKET SELLOFFS
Reliance market value now equals India's top five IT companies combinedA sharp selloff in Indian IT stocks has reduced the combined market capitalisation of the top five IT firms to nearly match Reliance Indust...- HDFC Bank Q1 business update: Gross advances rise 15% to Rs 30.61 lakh croreHDFC Bank has announced robust financial results for the April-June quarter of FY27. Gross advances surged 15.4% year-on-year to Rs 30.61 l...
- Temasek-backed Manipal Health gets SEBI approval for India IPO, eyes July listingManipal Health Enterprises, with the support of Singapore's Temasek, has successfully obtained approval from SEBI for its initial public of...
- SK Hynix to spend $64 billion on chip plants under broader AI-driven investment planSK Hynix is investing a massive 100 trillion won ($64.38 billion) to build new chip plants, including a NAND flash memory facility, in Cheo...
- Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...
- Japanese stocks hit by biggest foreign weekly selloff since March as tech rally coolsForeign investors recorded their biggest weekly selloff in Japanese stocks since March, offloading ¥1.82 trillion worth of shares amid prof...
- South Korea's Kospi plunges 8%, extending a two-day slide. What's unsettling the world's hottest market?South Korean stocks experienced a sharp two-day decline, with the KOSPI index plummeting over 10%. This downturn was fueled by concerns ove...
- Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloffIndian government bonds saw gains early Thursday, defying a rise in U.S. Treasury yields. This positive movement was fueled by falling oil ...
- D-St set for a positive opening as GIFT Nifty signals firm startIndian equities closed higher Wednesday, ending a two-day slump. The market remains range-bound, with traders anticipating a clear directio...
- Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
- Rs 19 lakh crore shocker! TCS, Infosys & 2 IT giants crash 50% from peak: Is the absolute worst yet to come?India's top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 1...
- Global Market Today: Asian stocks rise after US tech gains, yen steadyAsian markets surged, mirroring a strong US performance driven by chipmaker gains and resilient economic data. Investors are largely overlo...
- Google parent Alphabet debuts in Dow Jones index in tech tiltGoogle parent Alphabet's shares entered the Dow Jones Industrial Average on Monday, in an index reshuffle replacing Verizon Communications,...
- European shares steady as tech gains offset Middle East ceasefire cautionEuropean markets showed resilience on Monday, buoyed by a surge in technology stocks. Investors are cautiously optimistic following a de-es...
- Crypto's ETF boom gets $4.5 billion reality check in brutal weekBitcoin ETFs are witnessing significant outflows, with over $1.3 billion withdrawn in the past week as the cryptocurrency's slump deepens. ...
- AI rout exposes Wall Street's $270 billion speculation machineA recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged prod...
- South Korean stocks in tailspin as Kospi crashes 8%, head for worst week since MarchSouth Korean stocks experienced a dramatic plunge, exceeding 8% and triggering a trading halt. This sharp decline was primarily driven by a...
- Bitcoin slides toward $61,000 as profit booking and cautious sentiment weigh on crypto marketsBitcoin slipped towards the $61,000 level as profit booking and cautious sentiment weighed on crypto markets. Broader weakness across major...
- Bitcoin falls to $62,600 as investors trim risk exposure after AI stock selloff; technical indicators signal cautionBitcoin slipped to around $62,600, extending losses amid a broader selloff in AI and technology stocks that triggered risk-off sentiment. E...
- Tech-Led global selloff, Fed rate fears weigh on Indian equitiesIndian stock markets experienced their sharpest single-day drop in nearly a month, mirroring a global tech sell-off. The Nifty 50 and BSE S...
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