Small-cap, mid-cap indices face worst decline in 2 years; retail investors hit hard | Stock Market News

Small-cap, mid-cap indices face worst decline in 2 years; retail investors hit hard | Stock Market News

Source: Live Mint Indian mid-and small-cap stocks are at the forefront of the sustained market sell-off as investors continued to withdraw billions of rupees from these segments, leaving once-favoured pockets of Dalal Street grappling with significant declines. The market dynamics have worsened due to earnings downgrades, rich valuations, weak sentiment and escalating global trade tensions,…

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Federal Reserve Chair Backs Bitcoin As ‘Digital Gold’—A Turning Point For Crypto?

Federal Reserve Chair Backs Bitcoin As ‘Digital Gold’—A Turning Point For Crypto?

Source: Bitcoinist Despite the challenging macroeconomic environment, Federal Reserve chairman Jerome Powell has revised his stance on Bitcoin, which has given investors cautious hope for cryptocurrencies. Comparing Bitcoin to gold during an appearance at the New York Times DealBook Summit, Powell characterized the flagship crypto as a “speculative asset” rather than a direct competitor to…

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RBA poised, China tech booms, Japan GDP sizzles

RBA poised, China tech booms, Japan GDP sizzles

Source: Live Mint Feb 18 (Reuters) – A look at the day ahead in Asian markets. There’s no shortage of market-moving news in Asia on Tuesday, with an Australian interest rate decision, China’s tech boom and sizzling Japanese GDP figures front and center for investors, against a backdrop of unfolding geopolitical drama around U.S.-Europe relations…

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