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Markets extend losses for 3rd session; Sensex tanks 690 points on selling in IT, auto stocks

Mumbai, Jul 11 (PTI) Equity benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks amid a muted start of the earnings season. Tariff-related uncertainties and mixed global market trends also added to the pressure, analysts said. The 30-share BSE Sensex tanked 689.81 points or 0.83 per cent to settle at 82,500.47. During the day, it fell 748.03 points or 0.89 per cent to 82,442.25. As many as 2,450 stocks declined while 1,557 advanced and 158 remained unchanged on the

Rupee falls 7 paise to close at 85.77 against US dollar

Mumbai, Jul 11 (PTI) The rupee depreciated 7 paise to close at 85.77 (provisional) against US dollar on Friday, on weak domestic markets and risk-off sentiments amid trade tariff uncertainty. Forex traders said global market sentiments were dented as US President Donald Trump imposed 35 per cent tariffs on Canadian goods. At the interbank foreign exchange, the rupee opened at 85.76 against the US dollar, and touched an intra-day low of 85.91 during the day. The local unit finally settled for the day at 85.77 (provisional), down 7 paise from its previous close. On Thursday, the rupee pared initial gains

Gold climbs Rs 700 to Rs 99,370/10 g; silver rallies Rs 1,500/kg

New Delhi, Jul 11 (PTI) Gold prices climbed by Rs 700 to Rs 99,370 per 10 grams in the national capital on Friday tracking safe-haven demand as heightened global trade tensions stoked investor worries. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 98,670 per 10 grams on Thursday. Gold of 99.5 per cent purity jumped by Rs 600 to Rs 98,800 per 10 grams (inclusive of all taxes). It had ended at Rs 98,200 per 10 grams in the previous market close. In addition, silver prices rallied by Rs

The AI therapist will see you now: Can chatbots really improve mental health?

Texas, Jul 11 (The Conversation) Recently, I found myself pouring my heart out, not to a human, but to a chatbot named Wysa on my phone. It nodded – virtually – asked me how I was feeling and gently suggested trying breathing exercises. As a neuroscientist, I couldn’t help but wonder: Was I actually feeling better, or was I just being expertly redirected by a well-trained algorithm? Could a string of code really help calm a storm of emotions? Artificial intelligence-powered mental health tools are becoming increasingly popular – and increasingly persuasive. But beneath their soothing prompts lie important questions:

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