U.S. stock futures were mixed on Monday, as investors awaited key corporate results, particularly from Nvidia, following significant declines on Wall Street the previous week. Rising expectations the Federal Reserve will slow its pace of rate cuts and uncertainty over the impact of U.S. President-elect Donald Trump's cabinet appointments saw indexes slump on Friday.
Open Flip📈 Domestic benchmark indices closed on a negative note on 18-November-2024 📢 At 3:30 PM, the Sensex tanked by 241.40 points or 0.31% at 77,339.01, and the Nifty was down 78.90 points or 0.34% at 23,453.80. 📊Among sectoral, Nifty Metal (⬆️1.90%) turned out to be the best performer while Nifty IT (⬇️2.32%) saw considerable selling.
Open FlipTraditional media outlets in India are dissatisfied with digital platforms, arguing that tech giants like Google and Meta unfairly profit from digital advertising without compensating original creators. The Indian government acknowledges the issue and is considering regulations to ensure fair revenue-sharing and intellectual property protection.
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