Wall Street bank Citigroup is dialing back expectations for Coinbase (COIN) amid a risk-off mood gripping markets. In a Friday note to clients, the bank’s analysts lowered their price target on the crypto exchange to $400 from $505, citing weaker trading volumes, softer institutional activity and ongoing uncertainty around the timing of U.S. crypto legislation….
Market regulator Sebi has put forward proposals to widen the investment possibilities for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in liquid mutual fund schemes on Thursday.Currently, these trusts can only invest in liquid funds with the highest credit risk rating, limiting their options.These measures are part of Sebi’s push to make…
At least 31 people were killed and over 160 injured after a suicide blast struck a crowded Shia Imambargah in Islamabad during Friday prayers. Congress MLC Yathindra Siddaramaiah said there would be no change in Karnataka’s leadership and that chief minister Siddaramaiah would complete his full five-year term. India got an early breakthrough in the…
These are the stocks posting the largest moves in premarket trading. Source link
Equity markets ended slightly higher on Friday after the Reserve Bank of India left interest rates unchanged, a move that was widely expected, and announced a proposal to allow banks to lend to Real Estate Investment Trusts (REITs) under prudential safeguards.The 30-share BSE Sensex rose 266.47 points, or 0.32 per cent, to close at 83,580.40….
By Omkar Godbole (All times ET unless indicated otherwise) Friday’s crypto markets are a sea of green, bouncing from yesterday’s brutal drubbing in a classic oversold rebound. But real risks linger, threatening any lasting recovery. Bitcoin has climbed back to $65,000 after flirting with $60,000, with BlackRock ETF action hinting at capitulation, that is, long-term…
NEW DELHI: Government on Friday suspended three engineers from Delhi Jal Board after a 25-year-old motorcyclist died by falling into a construction pit dug by the water agency in Janakpuri area.According to the police the deceased was identified as Kamal Dhyani, who was returning home from his home on his motorcycle. Here are the top…
Gold and silver prices continued to face heavy pressure on the MCX on Friday, with both metals opening sharply lower as weak global cues and a stronger US dollar dampened sentiment. The decline marked the second straight session of losses, undoing most of the gains made during a short-lived rebound earlier in the week amid…
Jefferies says the latest crypto selloff shows few signs of an imminent bottom, even as bitcoin and ether hover near levels that have historically drawn dip buyers. In a research note this week, the bank described the downturn as a liquidity-driven correction rather than a collapse in blockchain activity, pointing instead to continued network usage…
NEW DELHI: The Supreme Court on Friday refused to entertain a petition filed by Prashant Kishor’s Jan Suraaj Party challenging the 2025 Bihar assembly elections. A bench comprising CJI Surya Kant and Justice Joymalya Bagchi declined to issue any direction on the request to annul the election results and order fresh polls. “How many votes…
