Rising retail inflation could weaken household purchasing power and constrain discretionary spending, including housing expenditure, while increasing the possibility of further monetary tightening by the Reserve Bank of India (RBI), industry bodies said on Thursday, following the acceleration in consumer price inflation to 6.09 per cent in October.

The cost of insuring Nvidia’s debt against default climbed close to a recent high as its board considered CEO Jensen Huang’s future. The board is reportedly evaluating interim and permanent successors following allegations about Huang’s personal conduct.

Its Indian portfolio has witnessed increased exit activity, with Swiggy and Amagi Media Labs completing IPOs since 2024

Nvidia's stock took a hit after CEO Jensen Huang stepped down, amid swirling personal controversies. This turmoil added noticeable pressure to the AI sector, dragging down the value of related stocks. Additionally, surging oil prices are exacerbating inflation worries across the market. Investors are keenly awaiting the Producer Price Index data for insights on inflation trends, even as some sectors continue to show resilience amidst the declines.