Latest Updates Around The World
India’s frontline indices closed subdued on Wednesday as weakness in the financial, FMCG index and energy sectors limited upward movement even as IT and auto stocks threw in their weight. The Sensex rose 50.15 points, or 0.06%, to settle at 82,276.07, while the 50-share Nifty rose 57.85 points, or 0.23%, to 25,482.50.Meanwhile, the volatility gauge […]
Nifty ended with gains on Wednesday, helped by strong action in IT and auto stocks, although financials, FMCG and energy stocks limited gains. Things remained volatile throughout the session as sentiment from the past sessions weighed on the markets.Rupak De, Senior Technical Analyst at LKP Securities, said investors remained largely on the sidelines as the […]
The S&P 500 and Nasdaq hit their highest levels in two weeks on Wednesday as technology stocks continued to gain favor as investors weighed risks to AI trading and rising tariff uncertainties ahead of Nvidia’s earnings later in the day.February was a turbulent month for US stocks, as investors wondered whether the massive AI spending […]
The government will not exercise the oversubscription option for the Indian Railway Finance Corporation (IRFC) offer for sale (OFS) after the issue was not fully subscribed on the opening day.The issue, which opened today for non-retail investors, was subscribed to 95% of the 2% shares, amounting to 26.13 crore shares. In a regulatory filing with […]
Hong Kong and Shanghai Banking Corp Ltd (HSBC), Europe’s largest bank by assets, reported an 11% increase in pre-tax profit from India in 2025, driven by the solid performance of its corporate and institutional banking business, the bank’s largest division in India serving large and small corporate clients.Pre-tax profit rose to $1.86 billion in 2025 […]
Circle beat Wall Street expectations for fourth-quarter revenue on Wednesday as reserve income got a boost from a rise in the circulation of its stablecoin token, sending its shares up more than 20% in early trading.USDC, Circle’s flagship stablecoin, is seeing a huge increase in adoption as favorable regulations like the GENIUS Act, which was […]
Indian bankers who specialize in selling corporate bonds are asking the financial regulator for permission to lend money in exchange for bonds, people familiar with the matter said, as authorities themselves try to deepen local capital markets.The intermediaries known in India as merchant bankers say the move would give them more financial flexibility to underwrite […]
India’s longer-dated bonds ended higher on Wednesday on continued strong demand from long-term investors, while the benchmark 10-year bond gave up gains and was ultimately little changed ahead of the auction later in the week.The benchmark bond yield of 6.48% for 2035 ended at 6.6777%, after closing at 6.6812% on Tuesday. Yields on bonds with […]
Loan against equity (LAS) is a good way to pay off high-interest debt such as personal loans or credit card dues, Zerodha founder and CEO Nithin Kamath said, while vouching for the discount broker’s LAS business that “just” crossed Rs 500 crore. He was also surprised to learn that many investors were unaware of this […]
India’s Vedanta will raise 30 billion rupees ($329.89 million) through the sale of shorter-dated bonds before the end of March in its second bond issuance of the current fiscal year, two sources aware of the matter said on Wednesday.The metal-to-oil conglomerate will likely sell two-year or three-year bonds, or a combination of both, the sources […]
