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₹1,226 and a 12-month forward target PE multiple of 20.6x. Also Read: Sensex, Nifty 50 at record high; is market overheated? What should investors do? “After a strong run-up of Indian equities, some profit-taking in the near term cannot be ruled out as economic and geopolitical risks remain elevated.

European shares are mostly declining, but Asian benchmarks finished higher after U.S. stocks climbed to records

IMF) will support formulating a new economic programme for Pakistan if its new government asks for one, a spokesperson said on Friday, and added that the fund encourages fair resolution of all electoral disputes. Pakistan's cash-strapped economy is struggling to stabilise after securing a $3 billion standby arrangement from the IMF last summer, with record inflation, rupee devaluation and shrinking foreign reserves.

By Mike Dolan

A look at the day ahead in European and global markets from Rae Wee

By Yoruk Bahceli and Dhara Ranasinghe

Joe Biden called for higher taxes on corporations Thursday in his State of the Union address, while pushing for lower medicine costs and improved housing affordability, as he sought to allay concerns over the economy. The 81-year-old outlined his agenda in the annual speech, in an effort to speak to voters' worries while taking credit for the recovery of the world's biggest economy as he seeks reelection this year.

By Harshit Verma

Trump administration has raised concerns over the revival of the anti-immigration agenda in the US, even as the tech industry is already ringing alarm bells about the H-1B visa fee hikes. The unprecedented fee hikes are likely to be implemented from 2025. Next year, the H-1B visa registration fees are to increase 2,050% from $10 to $215, while the application fee will increase 70% from $460 to $780. Initial registrations for the fiscal 2025 H-1B cap began March 6 and will continue till March 22.

BSE Sensex ended higher by 33.40 points or 0.05% at 74,119.39 level while the Nifty 50 closed at 22,493.55 level, up 19.50 points or 0.09%. Also Read: Stock market today: Nifty 50, Sensex hit record highs; mid, smallcaps outperform “Next week investors will take cues from the outcome of the European Central Bank (ECB) interest rate meeting and US Non-Farm Payroll data to be released on Friday.

interest rates beckoning on the horizon. The S&P 500 rallied 1% to set its 16th all-time high so far this year. It's been on a terrific run and is on track for its 17th winning week in the last 19 after erasing the last of its losses from Monday and Tuesday.

Gold prices on Friday were on track for their biggest weekly jump in five months, hovering near a record peak, as Federal Reserve Chair Jerome Powell's comments reinforced investor hopes for a first U.S. rate cut in June.

Bitcoin (BTC) is following a years-long bull trend which, if it continues, could see the coin double in price within the next few weeks alone, according to one analyst.

Stocks rose to another record, with easier interest rates beckoning on the horizon

NEW DELHI : Onion prices, which are sharply higher this year, are likely to stay elevated, with scanty rains hurting production of the kitchen staple. Onion output in the 2023-24 crop year may fall 15.6% to 25.4 million tonnes (mt) as key growing regions received weak rains, the agriculture ministry said. Production is expected to be lower by 3.4 mt in Maharashtra, 995,000 tonnes in Karnataka, 354,000 tonnes in Andhra Pradesh and 312,000 tonnes in Rajasthan.

Investing.com-- The S&P 500 closed at record high Thursday, led by tech, as Federal Reserve Chair Jerome Powell reiterated rate cuts are on the table this year, adding to investor optimism that global central banks are expected to begin easing monetary policy measures in June. 

By Jamie McGeever

Bitcoin (BTC) rose higher on Thursday to $67,700, bringing its total gain this week to around 7.3%.

Devendra Fadnavis on Thursday asserted that everything is going well between the Mahayuti Alliance in the state and discussion is still underway on two or three seats that will be resolved soon. Addressing a press conference here today, Fadnavis said whenever it comes to ticket distribution for the Lok Sabha, it is based on the ground reality only. «Everything is going well between the three parties of our alliance. Discussion is still going on two or three seats on which there was a deadlock but that too will be resolved soon. There is no dispute of any kind between us. There should not be any speculation about the seats before the announcement because it seems incorrect. Whatever decision will be taken will come before you in a day or two,» he said.

Mainstay Capital Management CEO David Kudla argues the Fed will be 'very cautious' and there won't be rate cuts for some time.

By Francesco Canepa and Balazs Koranyi