The Bank of England has issued a stark warning. A massive spending boom in artificial intelligence infrastructure, funded by debt, faces significant risks. Stretched stock market valuations are a major concern. A correction in AI stocks could impact wider debt markets. This situation is developing and could affect household wealth and borrowing costs.
The Indian Rupee has reached a historic closing low against the US Dollar, nearing the significant 90 mark. The Reserve Bank of India has intervened to slow the currency's fall. Traders observe a shift in the RBI's strategy, allowing for a wider trading range.
Many retail investors are pouring money into sectoral and thematic mutual funds, chasing past returns and new themes. These focused funds carry significant risks due to their concentrated nature. Investors often enter these funds late, near market peaks, leading to losses when sectors underperform.
E-commerce platform Meesho plans to raise 4,250 crore via a fresh issue for cloud infrastructure and capital expenditure, alongside an 1,171.2 crore offer for sale. Despite revenue growth, the company reported an increased net loss in FY25, though it narrowed in the six months to September.
Nifty Bank index is expanding to 14 stocks with Yes Bank and Union Bank of India joining. This change, mandated by Sebi, will reduce the influence of top constituents like HDFC, ICICI, and SBI. The rebalancing will occur in tranches from December to March. Passive funds tracking the index will adjust portfolios.
Nomura has set a price target of 29,300 for the Nifty in 2026, projecting a nearly 13% upside. The brokerage cited calmer geopolitics, stable macros, and economic recovery as reasons for its positive outlook. Indian equities have underperformed global markets, bringing valuations in line with historical averages.
The city accuses Kraft Heinz and other food giants of knowingly selling products that have caused serious diseases, leaving local governments with the public health care costs.
The city accuses Kraft Heinz and other food giants of knowingly selling products that have caused serious diseases, leaving local governments with the public health care costs.
