Asian equities inched higher on Friday after as investors relieved after softer reading of US inflation, expecting another interest rate cut as early as next month. Optimism was further supported by strong earnings from US chipmaker Micron Technology, which eased fears that the rally in technology stocks may be overstretched.Hong Kong’s HSI is trading at…
ICICI Prudential Asset Management Company (AMC) made a strong debut at the stock market on Friday, with a premium of 20%. The share is available for trading at both benchmark indices, Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). On NSE, ICICI Prudential AMC stock was trading at 2,605.10, up 5.10 or 0.20…
File photo (Picture credit: AP) TOKYO: The Bank of Japan hiked interest rates to a 30-year high of 0.75 per cent on Friday, the first increase since January, as it said the economy had shown signs of improvement.The unanimous vote to lift the main borrowing rate from 0.5 per cent came hours after official data…
Rupee continued its upward rally against the US dollar on Friday, strengthening past its 90 mark to reach 89.96 against US dollar in early trade. The currency opened at 90.1325 per dollar, up about 0.1% from its previous close of 90.20 against US dollar. This comes after Rupee made a tentative recovery after sliding to…
Analysts suggest that the market’s short-term trend remains volatile with a weak bias. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green on Friday on positive global cues. While Nifty50 went above 25,900, BSE Sensex was up around 350 points. At 9:16 AM, Nifty50 was trading at 25,913.10,…
China could receive the first shipments of Nvidia’s second-most powerful AI chips, signalling a shift in America’s long-standing restrictions on exports to Beijing.The US government has began a formal licensing process that could pave the way for chip gaint’s Beijing entry, Reuters reported, citing five people familiar with the matter. This comes after US President…
TikTok has signed a joint venture agreement with major investors to keep its platform running in the United States and avoid a potential ban linked to its Chinese ownership, according to an internal memo seen by news agency AFP.TikTok chief executive Shou Zi Chew told employees that the company and its parent ByteDance have agreed…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for December 19, 2025 are Max Healthcare, and Sagility. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices continue to trade in a range with corrective bias and are currently placed around 25,800 levels as…
Japan’s inflation rate held steady in November, official data showed Friday ahead of the Bank of Japan’s monetary policy decision which could see central bankers raise interest rates to their highest level in 30 years.The hike would be the first since January and could potentially exacerbate turmoil in debt markets.Yields on Japanese government bonds have…
MUMBAI: Finance minister Nirmala Sitharaman on Thursday introduced the Securities Markets Code (SMC) Bill in the Lok Sabha that, among a host of objectives, aims to have a comprehensive legislation that would assign more powers to markets regulator Sebi, decriminalise several violations and expand its board size to 15 members from nine now.It also seeks…
