Tag: stocks head
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World stocks head for weekly fall, yields at multi-decade highs as oil fuels inflation fears
July 24 : World stocks were headed for a weekly loss and long-dated bond yields hovered around multi-decade highs on Friday, as a near-40 per cent rise in oil prices this month due to the intensifying conflict in the Middle East ignited inflation fears and expectations for rate hikes around the globe.MSCI’s a
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India’s IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
June 3 : India’s information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt traditional software services rattled investors.The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its wo
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