News

Bessent signals Christmas timeline for new Fed Chief

The race to select the next Federal Reserve Chair has intensified as U.S. Treasury Secretary Scott Bessent concludes second-round interviews. Kevin Hassett is viewed as the frontrunner, though the White House calls reports speculative. Five candidates remain, with betting markets split as rate cuts and economic risks shape the decision.

26 Nov 2025 9:36 am

Market Wrap: Sensex slips 314 points, Nifty ends below 25,900 on monthly derivative expiry; PSU Bank stocks shine

Indian equities extended their decline for a third consecutive session on Tuesday, November 25, as a volatile derivatives expiry day impacted the market. The Sensex and Nifty closed lower, with major banking and IT stocks contributing to the downturn. While PSU banks saw gains, IT, Auto, FMCG, and Oil & Gas sectors faced significant pressure.

25 Nov 2025 3:47 pm