Latest News, Updates & Breaking Headlines
Analysts at Pivotal Research warned in a recent note to clients that should ChatGPT-maker OpenAI may cut its spending or face other issues due to its mounting obligations. “It is likely to temporarily get pretty ugly for AI stocks and the market in general,” warn analysts in the research note. “We believe the shakeout, if…
File photo (Picture credit: ANI) Foreign institutional investors (FIIs) have begun 2026 on a cautious note, continuing their selling streak in Indian equities after a bruising 2025. In the first two trading sessions of the new year, FIIs sold shares worth Rs 7,608 crore, extending a trend that saw heavy outflows through December, as per…
Financial analysts hinted at possible slowdown in gold and silver prices during the week while investors await crucial US economic data. Market activity is expected to be light due to the upcoming Christmas and New Year holidays, with key indicators like GDP, housing data, and consumer confidence figures affecting precious metal prices.Trading volumes are likely…
NEW DELHI: As another week of December begins, stock markets will also invoke hopes for investors but also caution. Foreign investors, currency movement and global macroeconomic data announcements will drive investor sentiments for the week. Notably, this week will not have the usual five days of trading as Thursday, December 25 will mark a stock…
As the year draws to a close, signs are emerging that the dominance of Big Tech in driving the US equity bull market may be starting to fade, with major Wall Street firms urging investors to broaden their exposure beyond the so-called Magnificent Seven. As per Bloomberg reports, strategists at Bank of America Corp. and…
MUMBAI: RBI’s plans to add nearly Rs 1.5 lakh crore to money markets will provide temporary relief but that may not be enough, analysts say. Further action could be required in the fourth quarter of the current fiscal, they said. If the rupee remains under pressure, RBI may need to use its reserves to limit…
Gold prices are expected to remain on a positive footing in the coming week as investors await cues from the US Federal Reserve’s monetary policy decision, with a weaker rupee adding to support in the domestic market, analysts said, PTI reported. The bias for the yellow metal remains constructive amid expectations of an interest rate…
Online shopping platform Meesho is set to open for subscription on Wednesday, attracting investors with a solid grey market premium. The excitement has been fuelled by positive commentary from analysts.The company is targeting proceeds of Rs 5,421 crore from the IPO, which will remain open until 5 December. The price band has been set between…
Representative image (AI-image) NEW DELHI: The Indian rupee opened at 89.45 against the US dollar on Monday. It traded in a narrow range as gains from strong domestic equities were offset by rising crude oil prices, persistent foreign fund outflows and robust dollar demand from importers.The dollar index, which measures the greenback’s strength against a…
State Bank of India (ANI image) NEW DELHI: State Bank of India (SBI) is on track for one of its strongest years in recent history, with shares rising nearly 25% so far in 2025. The growth has helped the country’s largest lender outpace all major private-sector peers in the Nifty, signalling a decisive shift in…
