Latest Updates Around The World
U.S. stocks fell Friday as Wall Street resumes hunting and punishing companies that could be made losers by the artificial intelligence revolution. A surprisingly discouraging update on inflation also hurt the market.The Dow Jones Industrial Average fell 855 points, or 1.53%, to 48,743.61; the S&P 500 fell 58.17 points, or 0.84%, to 6,850.69; and the […]
Executive learning solutions provider XED Executive Development said Friday it has set a price range of $10-10.5 per share for its $12 million initial public offering, which opens for subscription at GIFT City on March 6.This will be the first share sale at Gujarat International Finance Tec-City, India’s IFSC, under the regulatory framework of the […]
Barclays shares fell on Friday after media reported that it and other banks face potential losses from the collapse of British mortgage lender Market Financial Solutions Ltd, amid wider concerns about lending conditions and the fast-growing private finance market.London-based MFS specializes in complex real estate-backed loans. According to previous media reports and court documents seen […]
Indian markets ended Friday with a sharp decline, but late economic growth data has changed the mood in the short term. The BSE Sensex fell 961 points or 1.17% to close at 81,287. During the day, more than 1,000 points had fallen. In one session, investors lost around Rs 4.98 lakh crore in market value […]
“How many millionaires do you know who got rich by investing in savings accounts? I rest my case.” –Robert G. AllenThis statement from Robert G. Allen, the noted financial educator and author, is a stark reminder that building significant wealth requires more than simply putting money in low-interest savings accounts. While savings accounts are safe […]
Amid fears that artificial intelligence is just a bubble to be burst, billionaire investor Howard Marks said it is very real and can do a lot of work. However, he is still inconclusive on whether investing in AI will be profitable.“As we do not have full knowledge of the business potential of AI or its […]
Dalal Street headed for a volatile end to the week, with benchmark indices falling below crucial support levels and traders bracing for further downturn. The Nifty fell below the 25,300 mark and later recovered, while Bank Nifty was trading almost 0.7% lower, reflecting rising nervousness across sectors.Speaking to ET Now, market expert CA Rudramurthy BV […]
Indian stock markets tumbled on Friday, extending losses for the second straight session, as FMCG, auto, real estate and pharmaceutical stocks came under heavy selling pressure. The defeat wiped out over Rs 3.4 lakh crore of investor wealth, bringing the BSE’s total market capitalization down to around Rs 465 lakh crore.Sensex fell over 600 points […]
Foreign investors are returning to Indian shares at the fastest pace in eight months, supported by stabilizing corporate earnings and a US trade deal that improves the outlook for the coming months.Global funds have bought nearly $2.1 billion of local stocks so far in February, putting inflows on track to be the strongest since June. […]
Shares of Utkarsh Small Finance Bank, L&T Finance and Fusion Finance plunged to 11% on Friday after the Bihar Assembly passed the MFI Bill 2026, which sought to tighten supervision of microfinance institutions and curb coercive recovery practices.Fusion Finance was the worst hit, falling 11% to the day’s low of Rs 181 on the BSE. […]
