IndusInd Bank Share Price Live Updates: IndusInd Bank Market Update
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KPIT Technologies shares fell after the company warned of an unexpected slowdown in revenue from European auto clients, likely including BMW and Volkswagen. In a Q1FY27 update, the firm said it now expects a ~1% YoY revenue decline, citing sudden cutbacks by European OEMs following weak earnings outlooks.
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Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artificial intelligence and technology-driven businesses through its subsidiaries. The company renamed four subsidiaries to reflect the AI-focused strategy, boosting investor sentiment despite weak recent financial performance.
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The U.S. Federal Reserve’s liquidity measures are expected to keep quarter-end funding markets stable, with traders anticipating minimal stress in short-term borrowing conditions. Market participants expect the Fed to continue Treasury bill purchases through the summer, while discussions over the future size of its balance sheet continue.
South Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This ambitious expansion, backed by the government, aims to solidify South Korea’s global semiconductor leadership. While current shortages drive optimism, experts warn of potential oversupply if AI spending falters, echoing past industry cycles. The…
The BlackRock Investment Institute has turned more cautious on emerging market equities and hard-currency debt, while upgrading euro zone government bonds and emerging market local-currency bonds. The shift reflects changing global growth expectations, monetary policy outlooks and evolving investment opportunities linked to artificial intelligence
Gold and silver prices tumbled on Wednesday as fading hopes for a U.S.-Iran peace deal fueled inflation worries and bolstered expectations of sustained high interest rates from the Federal Reserve. MCX silver futures saw a significant drop, while gold futures also declined. Analysts advise caution, suggesting investors await the Federal Reserve Chair’s speech before making…
Vedanta Iron and Steel shares have surged an impressive 89% since their June debut, adding nearly Rs 7,000 crore to its market value. This remarkable rally was significantly boosted after Azim Premji’s investment arm acquired shares worth Rs 102 crore. The company, involved in iron ore and steel production across India and Africa, is currently…