For the week, the Nifty dropped 5.3%, its biggest decline since June 2022, while the Sensex fell 5.5%, marking its worst weekly fall since May 2020. The benchmark equity indices Sensex and Nifty settled sharply lower on Friday amid escalating tensions in West Asia and rising crude oil prices. Weak global markets, continued foreign…
Bitcoin is down 7.96% year-to-date, trading at $86,065 as of December 18 after beginning the year at $93,508. In comparison, Ethereum has recorded a steeper decline of 15.25% YTD, with its price falling from $3,337 to $2,828 during the same timeframe. From bitcoin reaching record high of $1,00,000 to retracing around $86,000 level -the crypto…
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…