Market benchmarks rebounded sharply on Wednesday after an eight-session losing streak, with Sensex jumping 715 points, propelled by bargain hunting in bank and financial stocks after the RBI left interest rates unchanged and revised upward its growth estimates to 6.8 per cent for the current fiscal.
Gold and silver prices scaled fresh lifetime highs in the domestic futures market on Monday, mirroring record gains in global markets amid expectations of US Federal Reserve rate cuts and a softer dollar buoyed sentiment.
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Global IT consulting firm Accenture has laid off more than 11,000 employees over the past three months and has warned of further job cuts, citing the accelerating impact of artificial intelligence (AI) on its operations.
Benchmark equity indices Sensex and Nifty ended lower on Monday, dragged by IT stocks amid concerns over the US President Donald Trump's decision to raise H-1B visa fees to USD 1,00,000 per worker.
The rupee depreciated 15 paise to close at 88.31 (provisional) against the US dollar on Monday, as investors weighed Trump's H-1B visa fee hike impact on Indian remittances amid heightened risk-averse sentiment.
Apple has directed at least two of its suppliers to significantly ramp up production of the entry-level iPhone 17 model, following stronger-than-expected pre-orders, Reuters reported on Saturday, citing The Information.
Gold prices hit a fresh lifetime high of Rs 1,13,100 per 10 grams in the national capital on Thursday, advancing by Rs 100 on sustained buying by stockists, according to the All India Sarafa Association.
Benchmark equity indices Sensex and Nifty rallied in early trade on Friday, buoyed by GST rate cuts announcement and a positive trend in global markets.
Benchmark equity indices Sensex and Nifty surged in early trade on Thursday as investors became cheerful after the GST Council approved a complete overhaul of the tangled Goods and Services Tax regime.
OpenAI’s ChatGPT experienced widespread disruptions which left thousands of users unable to access the artificial intelligence chatbot on Wednesday, reported NDTV's Gadgets360.
