Anthropic’s planned IPO has put the scale of AI investment back in focus, with the company outlining hundreds of billions of dollars in future cloud and infrastructure commitments. Analysts say its rapid revenue growth is attracting investor interest despite heavy…
US Treasury yields climbed again on Tuesday, with the 30-year rate crossing 5.61% for the first time since 2002. Elevated energy prices, heavy corporate debt issuance and concerns over government borrowing are adding to pressure on global bond markets.
US stocks opened mostly higher on Tuesday, led by gains in technology shares as oil prices and Treasury yields eased. The Nasdaq rose 0.4%, while the S&P 500 gained 0.1%.
Nifty’s near-term trend remains weak, with analysts identifying 22,600-22,550 as a crucial support zone. A decisive break below this range could drag the index towards 22,400 and potentially 22,200, while on the upside, 22,800-22,930 is likely to act as an…
Shares of Tata Steel Ltd ended at ₹187.95, down by ₹1.95, or 1.05%, on the BSE.
The leadership change is part of a broader restructuring of the Allcargo Group, with the company saying the move aims to accelerate growth, strengthen its leadership team and sharpen the focus across its businesses.
US Treasury yields remained high, while US stocks were trading near the flatline, giving investors some relief. However, a drop in consumer confidence and a fall in US job openings to a five-month low in August have made investors more…
The Nifty50 is testing its 200-week moving average around 22,600, a long-term trend indicator that has historically marked key turning points. The index has tested this level only six times in 22 years, with four instances followed by a rebound.
Shares of Power Mech Projects Ltd ended at ₹2,394.20, up by ₹34.00, or 1.44%, on the BSE.
The thermal power project will be developed in four 270 MW units to meet NALCO’s captive power needs.