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(RTTNews) - Indian shares are seen opening higher on Friday despite overnight losses on Wall Street. Information technology stocks would be in the spotlight today after TCS delivered a 15 percent year-on-year increase in Q2 consolidated net profit and the Nasdaq posted its bigges
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Copper headed for a weekly gain, as signs of Chinese demand and possible supply disruption at a Chilean mine boosted the metal.
Firmus has abandoned its attempt at one of Australia’s biggest-ever initial public offerings after failing to lure global investors.
Shares of South Korean cosmetics companies have risen sharply this year, while those of entertainment firms have declined, data from the main bourse operator showed Friday.
Gold firmed on Friday as a softer US dollar and easing Treasury yields boosted bullion’s appeal, while market players weighed lingering inflation concerns and the outlook for Federal Reserve interest rates. Spot gold rose 0.9% to $4,169.32 per ounce by 0137 GMT after hitting a two-month low on Wednesday.
Indian shares are poised for a higher open on Friday , with benchmark indexes likely to stage a technical rebound after a sharp selloff pushed them into oversold territory and to multi-year lows in the previous session.
The development, amid regulatory changes and a dearth of AI-related companies, contrasts with a dealmaking boom across Asia.
