Banks drive fresh slide in world markets

Banks drive fresh slide in world markets

Source: Live Mint (Adds comment, updates prices) Global bank stocks tanked on Friday, exacerbating a punishing selloff in the wake of U.S. President Donald Trump’s sweeping tariffs, Japanese banks tanked, European banking stocks slid 7% and were set for the biggest one-day fall since February 2022, while safe-haven U.S. Treasuries gained. Traders meanwhile priced in…

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Rupee logs 9th straight week of losses, analysts expect more weakness

Indian shares set for a muted start

Source: Live Mint Dec 24 (Reuters) – Indian shares are set for a muted start on Tuesday, with analysts expecting the benchmark indexes to trade flat due to the lack of triggers in a holiday-truncated week. The GIFT Nifty futures were trading at 23,765 as of 08:03 a.m. IST, indicating the benchmark Nifty 50 will…

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