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Tag: Global Market

Hopes of cheaper finance, consumption growth to propel equities

Mumbai: Prospects of cheaper finance along with a liquidity boost from the apex bank will sustain the uptrend in equity markets during the coming week, analysts opined. Accordingly, investors are eyeing a move by the Reserve Bank of India to ease key lending rates to bring down the cost of finance and give impetus to […]

Key Indian equity indices open in green

Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 36,108.47 on Wednesday, opened higher at 36,146.55. Minutes into trading, it was quoting at 36,129.50, up by 21.03 points, or 0.06 per cent. At the National Stock […]

Apple acquires AI startup Silk Labs

San Francisco: Apple has acquired a Startup called Silk Labs that works on Artificial Intelligence (AI)-based personal assistant technology for smartphones and smart home devices. According to a report in The Registrar, the quietly-done acquisition for an undisclosed sum is aimed at strengthening Apple’s AI capabilities towards smart home devices. Silk Labs had about a […]

Weak global cues depress Indian equity indices

Mumbai: Decline in the global markets and heavy selling pressure on banking, auto and finance stocks pulled the key Indian equity indices lower on Monday. Market sentiments were subdued, also due to a weakness in the Indian rupee and high crude oil prices. On Monday, Brent crude oil was priced around $83 per barrel. At […]