Market YesterdayIn yet another rangebound session, the Indian equity indices ended lower on October 11, with the Nifty at around 24,950.Amid mixed global cues, the market opened flat and traded in a range, mostly in a mildly negative zone. The Nifty failed to cross 25,000 amid selling in auto, bank, and realty stocks.At close, the Sensex was down 230.05 points or 0.28 percent at 81,381.36, and the...

A sudden change in Beijing’s rhetoric spurred a surge in Chinese stocks. The question is, can it last?China’s recent stimulus announcements sparked a massive rally in its stocks, and a growing chorus of analysts see more gains ahead. Is this a reawakening of the country’s long-slumbering stock market or just another false start? Bloomberg Opinion’s Nir Kaissar and Shuli Ren, based in the U...

Global funds are snapping up India’s longer-maturity bonds in a bet the central bank will eventually become less hawkish as they position for those securities that will be included in JPMorgan Chase & Co. indexes.The proportion of foreign money allocated to local bonds due in 10 years or more climbed to 17% last week, up from just 11% in September, while that in debt maturing in five years or le...

BREAKING - Facebook, and Instagram face global outage, users fail to log inThe outage appeared to affect both desktop and mobile users, with error messages preventing login attempts.Meta-owned platforms, including Facebook, Instagram, and Threads, are currently facing technical issues, rendering them inaccessible for many users on Tuesday. The outage has impacted functionalities across these socia...

Pakistan Foreign Minister Bilawal Bhutto Zardari has claimed that the International Monetary Fund (IMF) is “not being fair” to Pakistan, as the country is facing serious crises.In an interview with the Associated Press on Friday, Bilawal Bhutto said that Pakistan was facing an economic crisis, the consequences of last year’s catastrophic flooding and terrorism which was “once again rearing...