Major US stock indexes fell on Friday after data showed US economic growth slowed more than expected in the fourth quarter, while a separate reading showed inflation rose in December.Investors were also watching for a possible U.S. Supreme Court ruling on President Donald Trump’s tariffs, which could be delivered at 10 a.m. ET. If they […]
Hedge fund stock pickers have had one of their worst three-week stretches since the first half of 2022, according to a Goldman Sachs client note seen by Reuters on Friday, as the sell-off in AI software-related technology continues this year.According to LSEG data, the S&P 500 software and services index is down nearly 18% so […]
UPL Ltd approved a group reorganization that will bring its Indian and international crop protection businesses into a separate listed entity, creating what it says is the second largest listed pure-play crop protection platform in the world.The board has approved a composite agreement aimed at unlocking shareholder value and simplifying the group structure. Once completed, […]
Capital market regulator Sebi has granted approval to four companies to launch their IPOs, paving the way for new activity in the primary market pipeline. The approved proposals include offers from Integris Medtech, Alpine Texworld, Anjali Labtech and Appl Containers.Of the four, Integris Medtech will launch one of the bigger issues. The company, described as […]
Foreign portfolio inflows and the rupee have strengthened following India’s free trade deal with the European Union and an interim trade deal with the United States, the Reserve Bank of India said in its monthly bulletin on Friday.Foreign portfolio investments into India recorded net outflows of $5.8 billion between April 2025 and February 3, 2026. […]
U.S. stock index futures were flat on Friday as investors waited for key economic data to gauge the path of monetary policy easing for the year, while keeping an eye on tensions with Tehran and a possible U.S. Supreme Court decision on Trump’s tariffs.A slew of economic reports on Friday, including the preliminary estimate of […]
“An investment in knowledge pays the best interest,” a saying widely attributed to Benjamin Franklin, has deep resonance in the world of stock markets, where success is rarely determined by luck alone. In an environment shaped by a constant stream of news, changing macroeconomic trends and evolving corporate fortunes, knowledge becomes the most valuable asset […]
Indian dairy maker Milky Mist will go ahead with its planned initial public offering this year despite volatile markets, its CEO said. He added that the company expects to maintain annual revenue growth of about 30%.The Tamil Nadu-based company received regulatory approval for an initial public offering worth 20.35 billion rupees ($223.72 million) in October […]
According to industry experts, the consumer discretionary sector continues to show mixed performance across segments, driven by gold prices, festive shifts and evolving consumer behavior.Jewelry and shoes lead to growthGaurav Jogani of JM Financial Institutional Securities, in an interview with ET Now, highlighted that the jewelery segment witnessed significant growth, largely due to the 65% […]
Japan’s Nikkei shares fell on Friday as increased tensions between the US and Iran and a sell-off in US private equity shares hurt sentiment.The Nikkei fell 1.1% to close at 56,825.70, breaking a two-week rally and posting a weekly decline of 0.2%. The broader Topix fell 1.1% to 3,808.48 and is down 0.3% for the […]