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Selling pressure in global technology stocks spilled over to Indian IT counters listed in the US on Thursday, with Infosys and Wipro ADRs declining sharply amid a broader risk-off mood and concerns over interest rate outlook and AI-driven disruption in the sector.Infosys’ American Depositary Receipts (ADRs) fell more than 7 per cent to an intraday…
Bond funds slide (AI image) The RBI’s latest policy decision to keep the repo rate unchanged has delivered an unpleasant surprise to the bond market. Traders and investors were positioned for an easing signal, but the central bank chose to stay put. Government bond yields shot up after the RBI decision was announced, with the…
US stock markets declined on Thursday as weakness in technology stocks, led by Alphabet, dragged benchmark indices lower, while bitcoin and precious metals also recorded sharp losses, according to AP.The S&P 500 fell 0.8% and was heading toward its sixth loss in the seven days since setting an all-time high. The Dow Jones Industrial Average…
Bitcoin slipped below $70,000 on Thursday for the first time since Donald Trump’s election victory in November 2024, as the world’s largest cryptocurrency remained under pressure from a broader pullback in risk assets, AFP reported.The cryptocurrency dropped to as low as $69,821.18 before moving back above the $70,000 level. The decline comes after Bitcoin had…
Sanju Samson and Ishan Kishan Despite the turbulence that has marked India’s transition under a new management group led by head coach Gautam Gambhir, especially in Tests and to some extent in ODIs, the shortest format has remained a sanctuary. Even with structural changes and high-profile retirements, India’s T20I juggernaut has barely slowed since lifting…
Shares of brokerage-linked and exchange-related companies fell sharply by up to nearly 12 per cent after Finance Minister Nirmala Sitharaman proposed an increase in the Securities Transaction Tax (STT) on derivatives in the Union Budget 2026-27, according to PTI.In her Budget speech, Sitharaman announced that STT on futures contracts would be increased to 0.05 per…
Gold and silver prices tumbled on Sunday, hitting their lower circuit levels in futures trade, ahead of Union Budget 2026-27 presentation. Gold futures for April 2, 2026, delivery fell Rs 9,140, or 6%, to Rs 1,43,205 per 10 grams, while silver futures for March 5, 2026, delivery dropped Rs 17,515, or 6%, to Rs 2,74,410…
India’s benchmark equity indices Sensex and Nifty have slipped more than 4% so far in January, dragged down by sustained foreign fund outflows, a weakening rupee, muted corporate earnings, geopolitical tensions and renewed tariff concerns, according to market data.The 30-share BSE Sensex has fallen 3,682.9 points, or 4.32%, during the month, while the 50-share NSE…
Shares of Adani group companies fell sharply on Friday, with some stocks plunging as much as 13%, after reports said the US Securities and Exchange Commission (SEC) has approached a New York court seeking permission to serve summons to group chairman Gautam Adani and executive Sagar Adani in connection with an alleged fraud and $265-million…
GG vs UPW, WPL Live Score: Thursday’s clash at the BCA Stadium in Kotambi presents a fascinating contrast between two teams level on points but heading in opposite directions. UP Warriorz enter the contest riding confidence after two strong wins, while Gujarat Giants are searching for answers after a run of damaging defeats. The Warriorz…
