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Asian markets mostly rose on Wednesday as Japanese stocks continued to outperform, extending a record-setting rally while yen weakened further. Hong Kong’s HSI traded at 27,037, up 188 points or 0.7%. Nikkei also inched higher, jumping 864 points or 1.6% to 54,413. Shenghai and Shenzhen also traded in green, up 1.11% or 1.83%. Meanwhile, in…
Rupee continued its downward rally on Monday, falling to an all-time low of 90.58 against the US dollar. This dip marks second week of record lows after the currency fell to 90.55 against USD earlier, on Friday.The currency is struggling with familiar headwinds, weighed down by delays in a US trade deal, persistently weak capital…
Rupee slipped to a record low of 90.52 against the US dollar, in early trade on Friday, extending its sharp decline this year amid ongoing challenges in the India-US trade talks.This comes after the currency fell 90.46 against the dollar on Thursday, breaching its previous record of 90.42, which was set on December 4.Experts have…
Rupee on Tuesday tumbled 42 paise to close at an all-time low of 89.95 against the US dollar, extending its depreciation streak and edging closer to the crucial 90-per-dollar mark.So far, the rupee has depreciated by over 4% this year, falling 0.8% in November alone.This slump was mainly driven by speculators covering their short positions…
Bajaj Housing Finance shares tumbled on Tuesday, hitting 52-week low amid buzz of a block deal.The firm’s stock price tumbled 9% to reach Rs 94.90 on the BSE following reports of a large block deal in which the firm’s promoter, Bajaj Finance, is believed to have offloaded 2.35% equity stake, valued at around Rs 1,890…
The S&P and Nasdaq fell on Thursday, as Nvidia’s shares tumbled on concerns over intensifying competition in the AI chip space, while investors digested mixed economic data delayed by the US govt shutdown. Alphabet’s shares rose 2.7% after the Information reported Facebook-parent Meta Platforms was in discussions to use Google’s AI chips in its data…
Representative image credits: IANS Bitcoin fell sharply on Friday, closing at $80,553, while ether also hit a four-month low, as cryptocurrencies led a sell-off in riskier assets. Analysts warned that dropping below $80,000 could bring even bigger losses for the world’s largest digital currency.The decline comes amid investor concerns about expensive tech stocks and uncertainty…
