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Gold and silver extended losses on Friday, with spot gold down 0.7% and spot silver down 3.2%, as a global tech stock rout and a stronger U.S. dollar erased earlier gains. Weak U.S. labor market data and geopolitical tensions also influenced the precious metals market.
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News and Media
Asian stocks extended losses for a second day, mirroring a Wall Street selloff driven by concerns over AI's impact on software profits and rising U.S. layoffs. Precious metals and cryptocurrencies also experienced significant volatility, with gold, silver, bitcoin, and ether all declining sharply.
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News and Media
Wall Street closed sharply lower as tech giants like Microsoft and Amazon saw significant drops following Alphabet's announcement of doubled AI capital spending. Investors grew wary of hefty AI investments, fearing they may not translate into immediate revenue and profit boosts, impacting software stocks. The market saw a rotation into cheaper stocks as volatility increased.
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News and Media
Shares of InterGlobe Aviation ended nearly 1 per cent lower on Thursday after the Competition Commission ordered a detailed probe against IndiGo for unfair business practices.
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News and Media
RVNL posted modest Q3FY26 profit growth despite weak margins, as expenses rose faster than revenue. Net profit increased 4% year-on-year to Rs 324 crore, while revenue grew 3%. Higher project costs kept profit before tax largely flat during the quarter.
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News and Media
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