Closing Bell | Sensex down over 1000, Nifty ends below 22000 mark; midcap, smallcap bleed
Except Nifty Auto, all sectors declined. Nifty Oil & Gas was the top loser, falling by 3.2 percent. Nifty Metal and FMCG indices dropped 2.9 percent and 2.5 percent respectively. Nifty Pharma and Realty indices fell 2 percent each. Among gainers, Nifty Auto rose by 0.8 percent.
If pigs get bird flu, we could be in for a real nightmare
H5N1 has already spread to an alarming number of mammals. If it reaches pigs, it’s more likely to mutate into something that could threaten humans
Think Gen Z has it too hard? Too easy? You're right
In the war among the generations over how hard it was when they were young, everyone has a point
Kristi Noem and JD Vance: Donald Trump VP will be his clone
Most presidential candidates look for a running mate who adds something to the ticket. This former president wants someone who won’t challenge him or steal the spotlight
Arthur Laffer: ‘I made a vow that I would never, ever work for a government again’
The economist on the mis-steps of the Fed over interest rates and the markets
Gaza ceasefire should end with Hamas’ exile
The right kind of deal would trade removal of Hamas leaders for Israel’s withdrawal and acceptance of the need for a political settlement
Musk’s Tesla pitch to Buffett is anything but ‘obvious’
The EV company's recent stock rally is underpinned by a very different narrative than last year's recovery. And value isn’t part of it
Is there a tide that can lift all FMCG boats?
A sharp jump in FMCG shares raises the prospect of a sector re-rating on the anvil. While there may be some truth to that, it’s not a sure thing
Joe Biden has to find a way to convince Americans on the economy
Trump’s rhetorical style seems to appeal more to voters than the economic reality
What's behind the rally in copper prices?
While demand for copper from EVs is mounting, the shutdown of one of the biggest mines in production, which was mining around 1.5 percent of world copper output, has exacerbated the problem.
Chart of the Day: Influence of FPIs on Indian markets coming down
With the inclusion of retail investors, the number of Indian buyers far exceeds that of foreign investors by a substantial margin. Consequently, despite significant foreign outflows, Indian markets have exhibited resilience.
Doing a service to India’s exports growth
The momentum in services exports is encouraging, but outbound goods shipments are equally important for India’s economy, which has a large low-skilled labour force
Decoding Economics: US Fed paper says inequality increases financial vulnerability
The researchers find that a 1 percent increase in the top 1 percent wealth share predicts a 1.038 percent increase in equity valuations Manas Chakravarty
In the margin game, public banks are between a rock and a hard place
The compulsion to increase market share and attract more deposits has meant that public sector banks have seen a bigger erosion in net interest margins. The increase in risk weights on select loans has also hurt these banks
Closing Bell | Sensex, Nifty ends flat; Tata Motors, PowerGrid, NTPC, L&T top gainers
On BSE, 2133 stocks advanced, 1661 declined, and 132 remained unchanged. Nifty Oil & Gas led gainers with a 1.7% rise, followed by Nifty Metal and Auto, each up by 1.48%. However, Nifty Private Bank witnessed the steepest decline, down by 0.8%.
Apple needs to move the iPad beyond the toddler stage
The world’s second-most-valuable company, which is introducing new models on Tuesday, should remove its artificial constraints and create a genuinely portable computer
Biden needs to stop sending US bombs to Israel
As Israel’s largest military supplier, the US has the power to influence the war in the Gaza Strip. Time to use it
A clean technology trade war shows how empires fall
US hegemony may be hard to maintain. It will be all but impossible if it retreats into an isolationist shell
RSS doesn’t conduct any poll surveys, too busy to indulge in electioneering
RSSFACTS: The RSS has a history of helping BJP in building a strong organisational network. The RSS does not intervene in electoral politics the way it is projected. RSS volunteers carry on with their organisational work like meetings, training camps and daily shakha work leaving them little time to indulge in election politics
Xi is probing for cracks in the EU and NATO
China’s charm offensive in Europe has threatening undertones and is likely to fail as a result
Bank of England should tailgate the ECB, not the Fed
UK policymakers should use this week’s monetary policy meeting to flag that a rate cut is likely next month
Are markets in bubble valuation territory?
Industrialist Harsh Goenka caused a mini flutter when he alleged share price manipulation by promoters in collusion with brokers. Is there merit in his allegations?
Behind the Hong Kong market’s fast and mysterious rally
Global investors are playing a zero-sum game in northern Asia, tussling between Japan, Taiwan and China
Trading lessons from Mexico for these turbulent times
Mexican oil company used the Hacienda Hedge to ensure that it made huge profits even when oil prices fell. It’s a risk strategy traders can employ to maximize profits
A new US-Saudi deal could change power equations in the Middle East
For Israel, and the Palestine issue, the US-Saudi alliance would also spell out unequivocal change
