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US stocks end flat as traders parse earnings; Yield curve remains inverted amid recession fears

US stocks wavered on Thursday as traders parsed various corporate earnings against a backdrop of aggressive interest-rate hikes by global central banks. The US yield curve remained inverted as recession fears persisted. The S&P 500 ended the session little changed after fluctuating throughout the day. The Nasdaq 100 closed up higher for the second straight …

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Paytm share price jumps 3.5% after Vijay Shekhar Sharma’s reappointment at AGM; should you buy, sell, hold?

Paytm share price jumped more than 3.5 per cent to Rs 800.05 apiece intraday on BSE on Monday, after the shareholders of One97 Communications approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company. On Friday, investors advisory firm IiAS had recommended against the reappointment of Sharma and …

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Adani Enterprises, NDTV, Tata Motors, TCS, Future Retail, NTPC, Spicejet, Chennai Petroleum stocks in focus

Indian share market is likely to open in the red on Wednesday amid weak global cues. SGX Nifty hinted at a negative start for benchmark indices BSE Sensex and NSE Nifty 50 as Nifty futures traded 23 points, or 0.13% lower at 17,585 on the Singapore Exchange. “Markets witnessed a swift rebound and gained half …

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Elon Musk sells Tesla shares worth $6.7 billion, months after saying he won’t sell more

Elon Musk has sold 7.92 million shares of Tesla, just months after declaring that he would not sell any more stock of the company. A series of regulatory filings by the electric car manufacturing giant showed that Elon Musk has sold a large number of shares that would be worth $6.73 billion at Tuesday’s closing …

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Zomato share price up 4% after Uber sells, institutional investors buy stake in bulk deals; still down 60% YTD

Zomato share price gained more than 4 per cent intraday BSE on Thursday, after institutional investors lapped up stakes in the food delivery firm and Uber sold through bulk deals on BSE. The stock settled 4.24 per cent up at Rs 57.75 apiece on BSE. Zomato stock has soared 42 per cent in the last …

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ICICI Bank, Adani Power among 125 BSE stocks to hit new 52-week highs; Future Enterprises at fresh 52-week low

BSE Sensex and NSE Nifty 50 were trading weak on Thursday, a day of weekly F&O expiry. Index heavyweights such as Infosys, Reliance Industries (RIL), Tata Consultancy Services (TCS), HDFC Bank, and Dr Reddy’s Laboratories contributed the most to the indices’ fall. So far in the day, BSE Sensex rose to 60,287 as day’s high, …

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Nifty gains 15%, India VIX eases 47% in April; volatility on cards for May, avoid these sectors

By Milan Vaishnav The financial markets across the globe have witnessed severe turmoil over the past two months following the outbreak of the Coronavirus pandemic. The month of March saw one of the worst monthly declines in the history of the capital markets; on the other hand, the month of April saw a significantly sharp technical …

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Sensex dives for second day running, Nifty entering short-term correction, support near 17390-17408

It was a day dominated by bears on Dalal Street as headline indices tanked for the second day running. S&P BSE Sensex dived 872 points or 1.46% to settle at 58,773 while the NSE Nifty 50 index tanked 267 points or 1.51% to end at 17,490. Among Sensex constituents, ITC gained 0.58% to end as …

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Jabalpur East Madhya Pradesh Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

Jabalpur East MP Assembly Election 2023 Details: The election for Jabalpur East Assembly Constituency in Madhya Pradesh will be held on November 17 this year. The final date of voting and result were known after the formal announcement by the Election Commission of India. Here are the important details of the Jabalpur East Constituency Assembly …

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Sebi eases norms on AIF, VCF investments in overseas firms; drops India connection clause

Capital markets regulator Sebi has allowed India registered Alternative Investment Funds (AIFs) and Venture Capital Funds (VCFs) to invest in foreign entities without having an India connection. Earlier, one of the conditions was that such overseas investments were allowed only in those companies which had an Indian connection. Like, a company has a front office …

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