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BlackRock expands AI push with new robotics ETF as investor enthusiasm cools
BlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using intelligent machines across industries such as manufacturing and transportation, adding to a rapidly expanding market of ETFs built around different parts of the AI theme.
US Treasury yields slip as AI concerns boost safe haven demand ahead of 20 year auction
US Treasury yields slipped as investors weighed the impact of higher borrowing costs on AI stocks, with the 10 year yield heading for a second straight daily decline. The move came ahead of a $13 billion 20 year Treasury auction, while markets continued to price in a muted chance of a Fed rate hike.
Persistent Systems launches Rs 4,265-cr QIP; floor price set at Rs 5,550/share
Persistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company has set the QIP floor price at Rs 5,550 per share and may offer investors a discount of up to 5% under the approved pricing terms.
Persistent Systems opens $450 million QIP, sets floor price at ₹5,550 per share
The IT company has secured board approval for the issue, while the final share price will be determined with its book-running lead managers
India Cements Capital receives open offer letter at ₹12 per share
The open offer will open on October 28 and close on November 11, 2026
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