Rupee rises against dollar in early trade: Factors driving the currency today
Indian rupee opens stronger at 93.17 per dollar as softer crude prices, easing geopolitical tensions and improved global risk sentiment support the currency.
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Wipro shares rise after $71 million deal; eyes growth in AI services
The acquisition will provide Wipro access to key clients, associated customer contracts, and a skilled workforce. It is expected to strengthen Wipro’s artificial intelligence powered and consulting led application services capabilities, thereby supporting new growth opportunities.
US market outlook stable; India to gain from supply chain shift: Oppenheimer Asset Management
John Stoltzfus, MD and Chief Investment Strategist, Oppenheimer Asset Management, said that over the medium term, diversification of global supply chains and sectoral strengths in technology, healthcare, and manufacturing are expected to support growth across regions, including a potential recovery…
Explained — Why Dr. Reddy’s Laboratories shares are down in a strong market
Citi said the rejection prevents Dr. Reddy’s Laboratories from participating in the initial wave of semaglutide in Brazil. Dr. Reddy’s has missed the early opportunity in a competitive market with 16 pending applications in Brazil, Citi’s note said.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades 370 points higher; ICICI Pru in focus
Sensex Today | Stock Market LIVE Updates: The bulls might take heart from the 10-day rally on the Nasdaq, US markets turning positive for the year, and crude oil prices falling towards $90 a barrel. Earnings season is slowly and…
Asian shares track US gains on optimism of further US-Iran talks
Shares in Japan, South Korea and Australia opened higher, resulting in the MSCI Asia Pacific Index increasing 0.9%. This came after the S&P 500 Index ended 1.2% up to extend a rebound, which has brought it to the brink of…
Anthropic gets multiple offers pegging valuation above $800 billion, ahead of reported October IPO plans
Anthropic is weighing new funding offers valuing it near $800 billion, eyes an IPO as early as October, reports rapid revenue growth and launches the security focused Mythos AI model
Here’s what Indian Mutual Funds bought and sold during the March market correction
According to Nuvama Alternative & Quantitative Research, cash and cash equivalents fell to ₹2.11 lakh crore in March from ₹2.40 lakh crore in February, reflecting a cash deployment of ₹29,300 crore during the month of March. Here’s a look at…
Oil prices steady after declining on moves to begin US-Iran talks again
Brent steadied above $94 a barrel after declining nearly 5% on Tuesday. Meanwhile, West Texas Intermediate was near $90.
Trump tariffs could be back in July, says Bessent, after Supreme Court setback that deemed them illegal
Trump aims to restore tariffs to pre court levels by July via Section 301, Bessent says growth may top 3 as core inflation falls, but headline inflation and fuel costs are rising