The fast gaining popularity of Chinese AI app DeepSeek has taken the tech sector in the US and other markets by storm. The sharp sell-off in global tech stocks was triggered by concerns over DeepSeek’s lower cost of creating AI tools compared to other US-based AI companies. The Nasdaq 100 lost nearly 3 per cent…
Options data indicated that the 23,000 level is expected to be a key zone for further direction of the Nifty 50. The index may remain in a broad range of 22,000-24,000 until the Budget day. Nifty Trend The Nifty 50 rebounded on January 28 after a couple of days of correction but remained volatile. A…
Private telecom operators have requested an extension of two years to comply with the provisions of the Digital Personal Data Protection DPDP Act after the rules are notified, citing concerns over the compliance burden , according to a report by Moneycontrol. Earlier this month, telecom companies held discussions with officials from the Department of Telecommunications…
Stock market crash, stock market today: India stock markets were crashing on Monday, January 27, 2025, as investors dumped almost anything and everything on the bourses. The BSE Sensex index today fell 842.5 points in the intraday trade to hit a low of 75,348 level. The Nifty50 index price, on the other hand, touched a low…
The electronics manufacturing business from Tata Group, Tata Electronics today announced the acquisition of a controlling 60 per cent stake in Pegatron Technology India Private Limited (“PTI”). The financial details of the deal were not available, but this will allow the company to expand its local iPhone manufacturing. This follows Tata Electronics’ acquisition of Wistron’s…
ICICI Bank Q3 preview: ICICI Bank share price has tumbled 4 per cent since the announcement of Axis Bank’s December quarter results on January 16 as investors feared that higher delinquencies in unsecured retail segment, seen in the latter’s results, may be seen in ICICI Bank’s Q3 results as well. Analysts, however, expect ICICI Bank…
Shares of midcap information technology (IT) companies like Coforge, Cigniti Technologies, Persistent Systems, and Zensar Technologies rallied up to 11 per cent on the stock exchanges today. The rally in midcap IT stocks today came after the pack reported a good set of numbers for the quarter ended December 2024 (Q3FY25) At 09:37 AM, BSE…
Budget 2025: Bajaj Broking has recommended three stocks to buy for 21-24 per cent potential gains over the next 12 months. They are Apeejay Surrendra Park Hotels Ltd (Park Hotel), DCX Systems Ltd and Ion Exchange (India) Ltd. tree stokes : Bajaj Broking in its pre-Budget note said Union Budget 2025 should ideally continue…
The National Stock Exchange (NSE) on Wednesday said its unique registered investors have crossed the 11 crore mark, with the latest 1 crore addition taking place in just five months, reflecting investor participation in the stock market through direct means. Investor registrations at the NSE have experienced a remarkable acceleration in recent times, with a…
Amid a sharp decline in Indian equity markets, Akshat Shrivastava, founder of investment education platform Wisdom Hatch, cautioned investors about the long-term implications of recent market trends. While expressing confidence in the market’s recovery, Shrivastava highlighted challenges such as faster rupee depreciation and higher inflation. “Our stock markets will bounce back. People are used…