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Jack Dorsey’s Block to cut 4,000 jobs in AI overhaul; shares jump 25% after hours

by ET Markets | February 27, 2026 10:10 am | Indian Stocks, Market, News

Block is cutting over 4,000 jobs, nearly half its staff. This move signals how artificial intelligence is changing businesses. CEO Jack Dorsey stated that a smaller team using AI tools can achieve more. Investors are rewarding companies showing AI-driven cost savings....

Binance cannot force arbitration in crypto loss claims, says US judge

by ET Markets | February 27, 2026 10:09 am | Indian Stocks, Market, News

A federal judge ruled that customers can sue Binance in court over unregistered token sales, rejecting the exchange’s arbitration request. The judge found Binance failed to adequately notify users about changes to its terms of use requiring arbitration and...

From Rs 157 to just Rs 25: Ola Electric shares plunge 84% from peak. Should you catch this falling knife?

by ET Markets | February 27, 2026 10:09 am | Indian Stocks, Market, News

Ola Electric shares have plummeted 84% from their peak, wiping out significant investor wealth and now trading below their issue price. The company faces intense competition, regulatory scrutiny, and declining market share, leading to downgrades from major brokerages....

Silver jumps Rs 8,300/kg, nears Rs 2.7 lakh; gold flat as US-Iran talks, tariff uncertainty cloud outlook

by ET Markets | February 27, 2026 10:07 am | Indian Stocks, Market, News

Silver and gold prices surged on MCX Friday. Investors watched US-Iran negotiations and tariff concerns. Gold futures for April 2026 and silver futures for March 2026 saw significant gains. Experts suggest buying gold and silver on dips. Physical gold rates varied...

Infosys, TCS, other IT stocks rise up to 3% as Wall Street’s AI rally loses steam

by ET Markets | February 27, 2026 10:06 am | Indian Stocks, Market, News

Indian IT shares saw gains on Friday. This followed a tech rally on Wall Street that lost momentum. US-listed Infosys and Wipro ADRs also rose. Experts believe Indian IT can benefit from AI spending. They suggest accumulating select IT stocks on dips. The...

360 ONE’s Mayur Patel spots opportunities in 4 sectors for your FY27 portfolio

by ET Markets | February 27, 2026 10:06 am | Indian Stocks, Market, News

Mayur Patel of 360 ONE Asset Management sees improving structural drivers in financials, telecom, commercial vehicles, and integrated solar manufacturing, which are not fully valued for their medium-long term earnings. He highlights easing liquidity, trade deal...

Netweb Technologies shares rise 3% on AI, data centre collaboration with Vertiv. Check details

by ET Markets | February 27, 2026 10:05 am | Indian Stocks, Market, News

Netweb Technologies India rose 3% after announcing a collaboration with Vertiv to jointly develop and validate GPU-based AI infrastructure solutions. The partnership integrates Netweb’s rack-scale GPU platforms with Vertiv’s cooling and power systems, targeting higher...

Doomsday or deep value: India’s IT stocks at crossroads after 20% crash

by ET Markets | February 27, 2026 10:04 am | Indian Stocks, Market, News

India’s Nifty IT index is experiencing a significant downturn, with investors fearing artificial intelligence could render the current IT model obsolete. While some analysts see an attractive entry point due to market overreaction, others warn of sustained...

Hindalco shares in focus as US govt shutdown delays $125 million AluChem deal process

by ET Markets | February 27, 2026 9:07 am | Indian Stocks, Market, News

Hindalco Industries said the CFIUS review of its proposed acquisition of AluChem Companies has been temporarily suspended due to a partial US government shutdown. The delay has put the transaction on hold, even as the company faces operational setbacks at its Novelis...

Omnitech Engineering IPO Day 3: Check GMP, subscription status, and broker views

by ET Markets | February 27, 2026 9:06 am | Indian Stocks, Market, News

Omnitech Engineering’s Rs 583 crore IPO is nearing its close with a modest grey market premium, suggesting a potential listing gain around Rs 230. The issue, comprising a fresh issue and an offer for sale, has seen cautious investor interest so far. The company,...

Vishal Mega Mart shares in focus as promoter likely sells 6.5% stake via block deal: Report

by ET Markets | February 27, 2026 9:05 am | Indian Stocks, Market, News

Vishal Mega Mart shares are set to be in focus as promoter Samayat Services LLP plans to sell a 6.5% stake via a block deal at a discount. The company reported strong Q3 FY26 earnings, with growth in profit, revenue and margins, alongside continued store...

IDFC First Bank among 5 stocks showing bullish signals

by ET Markets | February 27, 2026 9:05 am | Indian Stocks, Market, News

Five Nifty500 stocks, including IDFC First Bank, were identified in the White Marubozu bullish scan on February 26, according to StockEdge data. The candlestick pattern signals strong buying interest, with the opening at the day’s low and closing at the high,...

Tejas Networks among 5 stocks showing bullish RSI upswing

by ET Markets | February 27, 2026 9:04 am | Indian Stocks, Market, News

Five Nifty500 stocks gained over 3% in February and featured in the RSI Trending Up scan, according to StockEdge data. The RSI crossing above 50 signals strengthening momentum and a potential uptrend. KSB, Tejas Networks, Vishal Mega Mart, IFCI and Aadhar Housing...

Gold steady as investors weigh progress in US-Iran talks

by ET Markets | February 27, 2026 8:14 am | Indian Stocks, Market, News

Gold prices remained stable as investors assessed U.S.-Iran nuclear talks, while a strong dollar pressured the yellow metal. Despite slight increases in jobless claims, the labor market appears steady. Markets anticipate Federal Reserve rate cuts, though economic...

Aussie jumps, yen slumps as rates play dominates in February

by ET Markets | February 27, 2026 8:12 am | Indian Stocks, Market, News

Global currency markets saw the Australian dollar surge on hawkish central bank expectations, while the Japanese yen weakened due to political interference in monetary policy. Shifting interest rate outlooks dominated currency movements this month, with investors now...

Acetech E-Commerce IPO: Check GMP, price band, subscription and other details

by ET Markets | February 27, 2026 8:11 am | Indian Stocks, Market, News

Acetech E-Commerce’s Rs 49 crore IPO opens February 27, priced at Rs 106-112, closing March 4. The company, involved in dropshipping and teleshopping, aims to use proceeds for marketing, working capital, and acquisitions. With a flat grey market premium,...

Gaudium IVF shares to list today. Check GMP ahead of debut

by ET Markets | February 27, 2026 8:10 am | Indian Stocks, Market, News

Gaudium IVF’s stock market debut is set for February 27. The Rs 165 crore IPO will list on BSE and NSE. Grey market premium is currently flat. The IPO saw strong subscription across retail and NII categories. The company plans to expand its IVF centers and repay...

US Stock Market | Wall Street ends lower as tech rally stalls, AI fervor wanes after Nvidia results

by ET Markets | February 27, 2026 8:10 am | Indian Stocks, Market, News

U.S. stocks declined sharply on Thursday, with the tech-heavy Nasdaq leading the losses after Nvidia’s earnings failed to impress investors. While the Dow held steady, the Philadelphia SE Semiconductor index’s drop threatened a record winning streak for...

Oil prices edge lower after US, Iran extend talks

by ET Markets | February 27, 2026 8:09 am | Indian Stocks, Market, News

Oil prices dipped Friday, heading for a weekly fall as US-Iran nuclear talks in Geneva showed progress. While initial concerns of conflict eased, the extended negotiations leave little time to reach a deal before a March deadline. Technical discussions are slated for...

Market players must put ID info in social media posts: Sebi

by ET Markets | February 27, 2026 8:06 am | Indian Stocks, Market, News

The Securities and Exchange Board of India (Sebi) has mandated that all market intermediaries must prominently display their registered name and registration number on social media platforms when sharing securities market-related content. This new rule, effective May...
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