Vietnam set to launch new stocks trading system in bid for market upgrade
By Phuong Nguyen and Francesco Guarascio
US Stock Reports, Quotes and News
By Phuong Nguyen and Francesco Guarascio
Daily cash turnover slipped below $13 billion last week compared with a peak of $17 billion in February, data compiled by Bloomberg based on 20-day averages show.
Aditya Arora of Adlytick recommends defensive stock picks like Lupin and Voltas. With the market rebounding from key levels, he says the focus should be on theme-specific smallcaps/midcaps. It is time to be cautious as we are seeing adecline in global tech stocks. Arora says it time to be bullish on sugar and metals.
Federal Bank, PNB, AU Small Finance Bank, and Bank of Baroda witnessed buying while selling pressure was seen in SBI, HDFC Bank, ICICI Bank, IndusInd Bank, and Axis Bank.
What Happened: Shares of e-commerce marketplace Coupang (NYSE:CPNG) jumped 11.4% in the afternoon session after the company announced it would…
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