The BOJ chief will be mindful of avoiding the episode of 2022, when his predecessor’s dovish remarks triggered a yen plunge that forced Tokyo to intervene to prop up the currency.
Meta shares sink on higher AI spending, light revenue forecast
Shares of the Facebook and Instagram parent dropped about 15% in extended trade following the report, its market capitalization plunging to about $1 trillion.
Stocks hit by tech slump; yen flails at intervention zone
A 15% dive in shares of Meta in extended trading after the Instagram parent forecast lighter-than-expected current quarter revenue and higher expenses soured the mood, sparking a sell-off in U.S. tech and tech-related stocks.
SRF share price up 1.17 per cent
A total of 2,924 shares changed hands on the counter till 11:21AM (IST).
It’s never too late! Here’s how you can plan your retirement even in 40s
Start retirement planning in your 40s with a focus on asset mix, goal corpus, and expenses. Chirag Muni advises on disciplined steps, insurance coverage, and regular portfolio reviews for a secure post-retirement income.
Stock market update: Nifty Pharma index advances 0.68% in an upbeat market
The Nifty Pharma index was trading 0.68 per cent up at 18589.7.
Taking Stock: Market fails to hold on to day#39;s gains, ends marginally higher
Grasim Industries, Bharti Airtel, Nestle India, Maruti Suzuki and HCL Technologies were the biggest Nifty gainers, while losers included Sun Pharma, BPCL, Reliance Industries, MM and Hindalco IndustriesSensex, Nifty gain for third day in a row; easing volatility to support bull trend
Analysts expect the market to maintain the bullish undertone as elections and corporate earnings season continueMid-day Mood | Cooling volatility sparks market rally, India VIX sees steepest fall in 4 years
Broader markets outperformed benchmarks, with the BSE Midcap and BSE Smallcap rising up to 0.9 percentWhy Kenneth Andrade is going contra, avoiding defence and PSU stocks
Kenneth Andrade, of Old Bridge Capital Management, emphasizes market breadth narrowing to specific stocks and commodity favoritism. He discusses challenges in the IT and defense sectors, PSU companies, and future businesses like Zomato and Paytm. Andrade says: “I am a firm believer that any company out there who gets pricing power will get price earning multiples. “