Many equity research companies calling it quits as new Sebi rules pinch

January 21, 2025

Independent research outfits provide stock advice to investors looking for under-researched investment recommendations but do not have the wherewithal to put ₹50 lakh at one go in Portfolio Management Services (PMS) or ₹1 crore in Alternative Investment Funds (AIFs).

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US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook

Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.

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US inflation tops 4% for first time in three years, keeping Fed hike in play

US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.

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