Indian markets open: Sensex reclaims 80K, Nifty nears 24.3K as tech rally powers 7th day gains
Indian equity benchmarks extended their winning streak into a seventh consecutive session today, propelled higher by a vigorous rally in technology stocks and positive cues flowing from a strong overnight performance in US markets. The Sensex reclaimed the psychological 80,000
Cantor, Tether, and SoftBank back $3B Bitcoin fund amid Trump-era crypto momentum
Cantor Fitzgerald is joining forces with SoftBank, Tether, and Bitfinex to launch a Bitcoin-backed investment vehicle worth $3 billion. The new fund, called 21 Capital, comes as Bitcoin trades near historic highs and institutional appetite for crypto exposure surges under
Sensex, Nifty see choppy start as global jitters over Fed independence surface
Indian equity benchmarks experienced a hesitant and choppy start to trading on Tuesday morning, April 16, momentarily pausing a robust rally that had propelled the markets higher for four consecutive sessions. While underlying domestic factors and institutional flows remained supportive,
Is Novo Nordisk falling behind Eli Lilly in the weight-loss drug race?
Danish drugmaker Novo Nordisk A/S (CPH: NOVO-B) lost more than 10% last week after its US rival Eli Lilly & Co (NYSE: LLY) reported encouraging Phase 3 data for its oral weight-loss treatment. Lilly’s orforglipron demonstrated “statistically significant efficacy results and
Pharma giant Roche pledges $50 billion US investment in R&D, manufacturing
Swiss pharmaceutical giant Roche unveiled ambitious plans on Tuesday for a substantial $50 billion investment in the United States over the coming five years. This significant commitment represents one of the largest recent inward investment declarations by a multinational corporation
Here’s why I’d sell SCHD and JEPI ETFs and buy UTF instead
Income-focused exchange-traded funds have retreated this year, mirroring the performance of mainstream Wall Street indices like the Nasdaq 100 and S&P 500. The popular Schwab US Dividend Equity ETF (SCHD) has dropped by over 12% from its highest point this year.
Indian steel stocks rally after 12% safeguard duty on imports; analysts expect Q1FY26 margin lift
Shares of metal companies rose up to 2% on Monday, tracking gains in broader markets, after the Indian government imposed a 12% safeguard duty on certain steel imports. The decision, aimed at curbing the influx of cheaper steel from countries
How Hermès stays resilient in economic uncertainty on the shoulders of its most coveted Birkin bags
As luxury companies navigate the choppy waters of a global economic slowdown, France’s Hermès has once again found stability in its most iconic creations—the Birkin and the Kelly handbags. The company reported a 7% rise in sales for the first
Is it safe to buy the dip in the S&P 500 index ETFs like SPY and VOO?
The S&P 500 index has suffered a harsh reversal this year as it crashed by 14% from its highest point in January, meaning that it has moved into a correction. It was trading at $5,280, down from the YTD high
How are the Dow Jones index stocks fairing in 2025?
The Dow Jones Index has entered a correction this year, having dropped by over 13% from its highest level. The index, which tracks 30 blue-chip companies, was trading at $39,100, and has recently formed a death cross for the first
S&P 500 index stocks to watch: Google, Tesla, IBM, Intel, AT&T, Boeing, Chipotle
The S&P 500 index has declined significantly over the past few months, forming a death cross pattern for the first time since 2022. It ended the week at $5,282, down by 14.2% from its highest level this year. The S&P 500
Dangerous times
A fortnight ago, investors were counting down the hours to President Trump’s announcement of ‘reciprocal tariffs’. Global stock indices, led by the US majors, were already exhibiting evidence of investor concern. The Dow and the Russell 2000 (a less popular
3M stock price analysis: buy, sell, or hold ahead of earnings
3M stock price has crashed in the past few weeks as investors assess the impact of Donald Trump’s tariffs on its business. After peaking at $155 earlier this year, it has bottomed to $130, down by 17% from its highest
Is ServiceNow stock a buy or a sell ahead of earnings?
The ServiceNow stock price has declined significantly over the past few months, dropping from a high of $1,196 in January to its current level of $772. It has dropped by over 35% from its highest level this year, meaning that
S&P 500 index stocks to watch: Google, Tesla, IBM, Intel, AT&T, Boeing, Chipotle
The S&P 500 index has declined significantly over the past few months, forming a death cross pattern for the first time since 2022. It ended the week at $5,282, down by 14.2% from its highest level this year. The S&P 500