NASDAQ:SIFY

Artificial Intelligence·Finance·NASDAQ:SIFY·News·Technology

Sify Shares Stuck, India AI Data-Center Bet Draws Traders

Sify Technologies’ ADRs closed at $17.24 on Nasdaq, up 2 cents after volatile trading. Annual revenue rose 13% to 44.88 billion rupees, EBITDA increased 31%, but net loss widened to 1.37 billion rupees. Data-center services accounted for 39% of revenue, up 23% year-over-year. The Nasdaq Composite finished up 0.03% at 27,093.90.

June 2, 2026

RBA's June Decision Key for ASX Shares and Major Banks in 2026
June 2, 2026, 7:51 PM EDT. The Reserve Bank of Australia's (RBA) upcoming June 16 interest rate decision is crucial for ASX shares, especially major banks like Commonwealth Bank (CBA) and Westpac (WBC). After three hikes, the cash rate stands at 4.35%, the highest since 2011. Markets expect the RBA to hold rates but await signals on future moves amid persistent inflation above target. For CBA, a hold with dovish guidance could sustain its valuation, while hawkish hints or surprises may cause declines. Westpac, heavily mortgage-exposed, favors a pause to reduce credit risk from rising household mortgage stress. The RBA's language on future hikes will influence investor sentiment and bank share prices significantly.