Global Market News

Goldman Sachs downgrades major IT companies Goldman Sachs downgrades big IT names from Buy to Sell 
Generic user silhouette icon 5paisa Capital Ltd
  • 15th Sep 2022
  • 2 min read

One of the top investment houses in the world, Goldman Sachs, has turned cautious on the Indian IT sector. The margin problems at IT were there for some time, but that is not the reason Goldman is worried about this sector. The concern is over the to

ECB hikes rates by 75 bps ECB hikes rate by 75 bps and what are the implications
Generic user silhouette icon 5paisa Capital Ltd
  • 9th Sep 2022
  • 2 min read

Just two months after the European Central Bank (ECB) had hiked rates by 50 bps, it effected another 75 basis points rate hike in its latest meeting on September 08th 2022. In July, the ECB had taken the benchmark rates from -0.50% to 0.00% and now t

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