Infosys, Tata Consultancy Services, Wipro, HCL Technologies and other IT stocks are likely to remain under pressure on Friday after witnessing a sharp sell-off in the previous session. Concerns around Artificial Intelligence (AI)-led disruption and weak sentiment across global technology stocks continue to weigh on the sector. The Nifty IT Index plunged 5.5% in the…
The US stock market ended mostly lower on Thursday, with the tech-heavy Nasdaq falling the most, amid selling in technology stocks. The Dow Jones Industrial Average added 55.96 points, or 0.11%, to 49,071.56, while the S&P 500 fell 9.02 points, or 0.13%, to 6,969.01. The Nasdaq Composite closed 172.33 points, or 0.72%, lower at 23,685.12….
As the world slipped into Christmas cheer, global markets found an unlikely star leading the festivities. While equity trading stopped and investors paused to celebrate, the precious metal silver continued to shine, delivering one of the most extraordinary rallies seen in decades. Silver prices in global markets extended their record-breaking run, with futures crossing the…
