The Nifty IT index fell to a four-month low, with Tata Consultancy Services, Infosys and HCLTech down 3.7% to 4.4%.
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RBI
Markets-Economic Times
RBI net forex buys hit a record $43 billion in August, balances it with swaps
The Reserve Bank of India recorded a net purchase of $43.26 billion in August's foreign exchange market. This was done to manage significant dollar inflows from the FCNR(B) scheme and overseas borrowings. Despite the ne...
Oct 24
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USM
Markets-Economic Times
US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meet
US stocks ended lower after a turbulent week as fresh doubts over the AI trade weighed on sentiment. The Dow fell 1.25%, while the S&P 500 and Nasdaq also declined. Investors turned their focus to major earnings from Al...
Oct 24
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RBI
Markets-Economic Times
RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons
India's central bank governor said on Friday non-bank finance companies classified in the upper layer are required to list on the stock market, reiterating the Reserve Bank of India's stance on the listing of Tata Sons...
Oct 23
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RBI
Markets-Economic Times
RBI does not target any specific Rupee level, focuses on curbing volatility, says Governor Sanjay Malhotra
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank does not target any specific exchange rate or level for the rupee against the US dollar, stressing that its primary objective is to en...
Oct 23
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WHY
Markets-Economic Times
Why US stocks are falling: Dow Jones crashes over 700 points as AI selloff, SpaceX fears hit markets
US stocks experienced a decline as AI related shares continued to selloff significantly over the week. The Dow Jones Industrial Average fell markedly, affecting overall investor sentiment in the market. Concerns regardi...
Oct 23
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MAR
Markets-Economic Times
Market wrap: Eternal, Apollo Hospital, Shriram Finance, Adani Enterprises among top gainers and losers on Nifty and Sensex on Friday
Indian equity markets fell for a fourth consecutive session, with the Nifty 50 closing at 22,600 and Sensex at 73,123.83. Small-cap, mid-cap and metal stocks slumped as bearish technical signals heightened concerns abou...
Oct 23
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RUP
Markets-Economic Times
Rupee little changed this week as oil-fueled declines wipe out early gains
The Indian rupee experienced a decline for the second day in a row as rising oil prices dampened market confidence. Following a brief uptick at the start of trading, the rupee ended lower against the US dollar. Brent cr...
Oct 23
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GLO
Markets-Economic Times
Global Market: Eurozone bond markets stabilise after volatile week
Eurozone government bonds stabilised after a volatile week as investors balanced sovereign debt concerns against safe-haven demand amid uncertainty over AI investments and global growth. French borrowing costs remain un...
Oct 23
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GLO
Markets-Economic Times
Global Market: European stocks edge lower as Kering slumps, oil prices rise
European shares slipped as Kering plunged 10.4% following weak Gucci sales, while rising oil prices and French political uncertainty dampened sentiment. The STOXX 600 fell 0.13%, extending losses amid AI stock volatilit...
Oct 23
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GLO
Markets-Economic Times
Global Market: Bank Indonesia defends policy mix after market confusion
Bank Indonesia has defended its latest policy package combining an unchanged benchmark rate, a higher deposit facility rate and reserve requirement cuts. The central bank says the measures aim to improve monetary policy...
Oct 23
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NAS
Markets-Economic Times
Nasdaq CEO flags IPO slowdown amid market volatility
The IPO market is grappling with hurdles stemming from macroeconomic instability and fluctuating market conditions that are influencing corporate strategies. Numerous firms have either delayed or abandoned their public...
Oct 23
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BRO
Markets-Economic Times
Broader markets crash! Small, midcap indices tumble up to 4%. Why analysts are sounding the alarm
Smallcap and midcap stocks plunged up to 4% on Friday, extending a sharp weekly selloff as analysts warned that valuations remain difficult to justify. The Nifty Smallcap 250 index has fallen around 8% this week, while...
Oct 23
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