Related News

The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Dado Ruvic | Reuters Shares of the enterprise artificial intelligence company C3 AI

Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance

OpenAI CEO Sam Altman speaks during the US Federal Reserve Board of Governors’ “Integrated Review of the Capital Framework for Large Banks Conference” at the Federal Reserve in Washington, DC,

Hosted by Jane Pauley. Featured: David Pogue on how AI is affecting job searches; Jane Pauley talks with Dr. Sanjay Gupta about treatments for chronic pain; Robert Costa interviews singer-songwriter

Sen. Rand Paul (R-Ky.) on Wednesday criticized the Trump administration’s decision to take a 10% stake in embattled chipmaker Intel, calling the investment “a step towards socialism.” Intel announced last

DeepL CEO Jaroslaw “Jarek” Kutylowski. DeepL German startup DeepL on Wednesday said it was expanding beyond artificial intelligence-powered translation into general AI agents focused on businesses. The term “agent” refers

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

GDP data, GST meet to decide D-St direction

Word Count: 544 | Estimated Reading Time: 3 minutes


GDP data, GST meet to decide D-St direction

MUMBAI: Tariff-related developments, the strong GDP numbers for the June quarter of the year that govt announced on Friday and the ensuing meeting on GST rejig are expected to have a balancing effect on Dalal Street investors during the week. With foreign funds continuing to sell Indian stocks, the rupee could come under renewed pressure, market players said.Last week, the sensex lost nearly 1,500 points or nearly 2%. Most of the losses in the benchmark indices were in the last three sessions of the week, after the higher US tariffs kicked in on Aug 27, which was a trading holiday. On Friday, after the markets closed, the govt said that in Q1FY26 India’s GDP had grown by 7.8%, compared to 7.4% the previous quarter, beating estimates of most economists and analysts. In the face of all US tariff-related uncertainties, this could be a market stabilising factor during the week, brokers said.Trading on the Street in the new week will also depend on foreign funds’ trading behaviour. In Aug, FPIs had net sold Indian stocks worth nearly Rs 39,100 crore, taking the total for 2025 to close to Rs 1.71 crore. The FPI selloff has also weakened the rupee against most major currencies.





Source link

Most Popular Articles