Asian markets opened lower on Thursday, after fresh losses in US technology stocks that weakened investor confidence across the region. Overnight losses on Wall Street weighed down sentiment, even as US stock futures showed modest gains. Hong Kong’s HSI was down 1.2% or 340 points to 26,506. In Japan, Nikkei shed 604 points to reach…
Gold price prediction today (AI image) Gold and silver price prediction: Gold and silver prices have resumed their upward momentum after the recent crash, signalling bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold and silver: MCX Gold Price Outlook: MCX Gold on the…
Rupee opened in green on Thursday, rising 7 paise to reach 90.40 against US dollar. The currency was supported by corporate dollar demand, while investors remained cautious as they awaited fine print of the India-US trade deal.According to markets, the market mood has shifted from optimism to caution, with participants waiting for official confirmation, as…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Thursday. While Nifty50 went below 25,750, BSE Sensex was down over 150 points. At 9:16 AM, Nifty50 was trading at 25,723.25, down 53 points or 0.20%. BSE Sensex was at 83,666.28, down 151 points…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Petronet, MRPL, and CCL. Here’s his view on Nifty, Bank Nifty, and the top stock picks for February 5, 2026:Index View: NiftyNifty has…
Sriharsha Majety, group CEO, Swiggy Swiggy MD & group CEO Sriharsha Majety has said that budget’s announcement to introduce City Economic Regions, will accelerate urbanisation and formalisation beyond the metros, while expansion of organised economic activity into Tier-II and Tier-III centres will be a key driver of incremental GDP creation over medium term.“Targeted investments in…
MUMBAI: A tech sell-off on Dalal Street on Wednesday—that came on the back of Anthropic’s launch of a new AI-led app that could potentially challenge existing business models of Indian software exporters—wiped off about Rs 1.75 lakh crore worth of market value. The sharp slide in sector leaders like TCS, Infosys and Wipro, also left…
MUMBAI: India’s coffeehouse chains are staring at a troubling brew. A higher customs duty on roasting, brewing and vending machines which is already in place now, will raise costs for companies, hitting their margins.Factor in the rupee depreciation and a wobbly coffee inflation and you have a perfect mix for stirring up a storm in…
MUMBAI: The rupee slipped 17 paise to close at 90.44 against the dollar on Wednesday, retreating after a sharp 124-paise surge in the previous session that followed news of a trade deal being finalised between India and US.Dealers said the rally lost momentum as the market failed to see follow-through demand, particularly from foreign institutional…
MUMBAI: Marico has snapped up a 60% majority stake in D2C wellness brand Cosmix for Rs 226 crore, ramping up acquisitions of new-age startups as consumers seek better choices and varied options catering to specific needs, increasingly shunning run-of-the-mill products.Cosmix sells a range of plant-based protein powders and functional superfood blends. The development comes days…
