Latest Updates Around The World
Mumbai: Indian software services shares suffered another selloff on Thursday, with the Nifty IT index falling more than 5% for the second time in less than 10 days, as unexpectedly strong US jobs data for January further fueled existing concerns about AI’s impact on the sector. The NSE’s IT benchmark fell 5.5% to close at […]
India’s benchmark indices ended subdued in a largely bandwidth-constrained session on Wednesday. The Nifty extended its winning streak to the fourth day in a row, albeit with modest gains, while the BSE Sensex traded slightly lower. The 50-share index closed at 25,953.85, up 18.70 points or 0.07%, while the Sensex fell 40.28 points or 0.05% […]
The new year starts with US jobs data, a rebalancing of commodity indices and an OPEC+ meeting. The markets are gearing up for more IPOs, and much of the enthusiasm that fueled the 2025 market peaks is seemingly intact. But there are plenty of risks on the horizon, with a U.S. Supreme Court tariff ruling […]
Gold prices held steady above $4,200 on Thursday, supported by weak private payrolls data that reinforced expectations of a US interest rate cut at the US Federal Reserve’s monetary policy meeting next week. RAW MATERIALS * Spot gold held steady at $4,207.56 an ounce as of 01:04 GMT. * US gold futures for December rose […]
Gold and silver prices rose marginally in early trading on Wednesday, November 19, breaking their two-day losing streak this week, even as fading hopes for a US interest rate cut continued to dampen sentiment for the precious metals. Attention now turns to the delayed US jobs figures due tomorrow. The lack of new data for […]
Treasuries rose across the curve as cash trading resumed after private sector data showed the U.S. job market cooling, raising expectations of a Federal Reserve rate cut.The 10-year yield fell four basis points to 4.08% after employment data from ADP Research showed U.S. companies shed an average of 11,250 jobs per week in the four […]
