The Indian market rallied nearly 1% on Monday, tracking positive global cues. The S&P BSE Sensex rose over 900 points while the Nifty50 closed with gains of over 200 points. Sectoraly, buying was seen in utilities, public sector and banks while realty stocks saw selling pressure. Stocks that were in focus include names like Supreme … Read more
Large family offices have nearly half their investments in private markets and alternatives, as they move out of the stock market in search of higher returns and lower volatility, according to a new study. Family offices have 46% of their total portfolio in alternative investments, which includes private equity, real estate, venture capital, hedge funds … Read more
IRVING, Texas (NewsNation) — The nostalgic days of hanging out at the mall might be making a comeback. While some malls across the U.S. are boarding up and major brick-and-mortar stores are closing, others are thriving after incorporating modern amenities like new local restaurants, arcades and more entertainment-based or mixed-use options for families and consumers. … Read more
The 2024 general election outcome would not have any major long-term effect on the equity markets, according to equity advisory firm FidelFolio. In its report titled ‘Deciphering Market Trends: Navigating Pre-Election Dynamics and Global Turbulence,’ FideFolio stated that the Nifty 50 is expected to be between 30,000 and 35,000 points in 3 years. According to … Read more
Pittsburgh Pirates pitcher Paul Skenes. Diamond Images | Diamond Images | Getty Images The regional sports network that airs Pittsburgh’s MLB and NHL teams is launching a direct-to-consumer streaming service, the latest to take the step as more fans cut the cord. SportsNet Pittsburgh on Monday unveiled SNP 360, which will cost fans in its … Read more
New Delhi: The escalating geopolitical tension may have implications for the country’s exports in the first quarter of 2024-25 as it is likely to impact global demand, apex exporters body FIEO said. The global uncertainties caused by continuing war between Russia and Ukraine has impacted India’s outbound shipments in 2023-24, which recorded a decline of … Read more
The online secondhand fashion seller Vinted has reported a 61% rise in sales to almost €600m (£513m), taking the company out of the red for the first time amid a boom in demand for “pre-loved” clothing. The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland; an expansion into … Read more
Nifty on Monday ended 223 points higher to form a long bull candle on the daily chart as it challenged the crucial hurdle of 22,500 levels. The short-term uptrend of Nifty seems to have resumed after one day of weakness. The next upside levels to be watched are around 22,800-22,900. Immediate support is at 22,500, … Read more
Brands and bots are barred from Spread, and, like PI.FYI, the platform doesn’t support ads. Instead of working to maximize time-on-site, Rogers’ primary metrics for success will be indicators of “meaningful” human engagement, like when someone clicks on another user’s recommendation and later takes action like signing up for a newsletter or subscription. He hopes … Read more
Bob Bakish, CEO of Paramount, speaks with CNBC’s David Faber on Sept. 6, 2023. CNBC In what could easily be a plotline from HBO’s hit show “Succession,” Paramount Global plans to replace Chief Executive Officer Bob Bakish with a cohort of existing division heads on Monday in a chessboard-altering move designed to accelerate the company’s … Read more
