Fri, Feb 2, 2024 2:17 PM
Asian shares buoyed by US tech bounce, payrolls in focus
A Flip by Avya Verma
The CFTC has reportedly served Coinbase with a subpoena involving the crypto-based prediction market platform Polymarket.The United States-based cryptocurrency exchange Coinbase is reportedly facing a subpoena from the Commodity Futures Trading Commission (CFTC) in connection with the crypto-based prediction market platform Polymarket.
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IT bellwether Tata Consultancy Services Ltd (TCS) is set to begin the third-quarter earnings season. However, Indian companies are bracing for another quarter of muted growth as the December quarter preview by leading brokerages suggests that the earnings slowdown seen in the first half of 2024-25 is far from over.
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Indian stock markets fell for the second consecutive session, with Sensex and Nifty 50 declining due to factors including weak global cues, rising crude oil prices, FII selling, valuation concerns, and uncertainty over the COVID-19 pandemic. the Sensex and the Nifty 50- declined 0.80 per cent each in intraday trade on Thursday, January 9, amid weak global cues, rising US dollar and bond yields.
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