IT Leads Slide in Indian Shares; Adani Stocks Fall

BENGALURU, Oct 26 Reuters Indian shares fell on Thursday, dragged by information technology IT stocks after Tech Mahindra39;s disappointing earnings, while rising U.S. Treasury yields intensified fears of interest rates staying higher for longer. The NSE Nifty 50 index was down 0.95 at 18,940.70 as of 1010 a.m. IST, and the SP BSE Sensex fell 0.89 to […]
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Australias Inflation Data Higher, BOC Rates Unchanged

PREVIOUS TRADING DAY EVENTS 25 Oct 2023 Australias 3rd quarter, plus yearly inflation data was surprisingly reported higher than expected creating problems for policymakers. The annual pace of inflation slowed to 5.4, from 6.0, but was again above forecasts of 5.3. For September alone, the CPI rose 5.6 yearonyear, up from 5.2 in August. While […]
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