The U.S. consumer price index on Friday stateside provided some balm to investors, who have been singed by drops in the market because of AI-related fears ... .
The shares of Fractal Analytics and Aye Finance made a muted debut on the bourses on Monday, February 16... On the other hand, Aye Finance received muted demand ... ....
European stocks were subdued as fears about the disruptive impact of artificial intelligence on industrial software canceled out a rebound in bank shares. Dassault Systemes dropped 10% ....
Goldman Sachs bought shares worth Rs 22 crore in Aye Finance after its muted listing, while BofA Securities acquired a Rs 100 crore stake in EngineersIndia Ltd, boosting the latter’s stock sharply ... .
This muted IT stock performance is likely to persist in the near term, as industry valuations remain elevated at one-year forward P/E of around 20x, despite the modest business outlook ....
<p>Haveri... This is due to the increased spending power of the people driven by the guarantee schemes. However, we are not getting our rightful share.”</p>.<p>“Karnataka contributes Rs 4.5 lakh crore in taxes to the Centre.