European shares muted as losses in energy offset gains in financials
The benchmark index hit a record high on Wednesday, as lesser-than-expected rise in U.S. consumer prices in April boosted bets for a September Federal Reserve rate cut.
Category: u.s. stock market today
Waiting with cash in hand; will invest once election results are out on June 4: Aveek Mitra
Aveek Mitra of Aveksat Financial Advisory strategizes for post-election investments, considering policy changes, Budget implications, and real estate opportunities in the MMR region for long-term growth. Mitra says: \”We have built up different scenarios with most likeliest scenarios to the not likeliest scenario and based on that we will immediately try to see that what best we can do with the cash after the 4th June result.\”
Amfi stock classification: Multibaggers BHEL, NHPC, 5 more stocks to likely turn largecaps
In the upcoming Amfi Semi-Annual Categorisation for the second half of 2024, seven stocks, including Hero MotoCorp and BHEL, are poised to move to the large-cap category from mid-cap. Stellar rallies have propelled their returns over the past year.
M&M announces final dividend of Rs 21 for financial year 2024
Auto major M&M on Thursday announced a dividend of Rs 21.10 (422%) per share of face value of Rs 5 each, which will be paid out to the eligible shareholders after July 31.
S&P 500, Nasdaq hit intraday record highs after inflation data
The Dow Jones Industrial Average rose 56.99 points, or 0.14%, at the open to 39,615.10.
GameStop, AMC drop after two days of sharp rally on \’Roaring Kitty\’ effect
Cinema chain AMC dropped 14.3%, after surging 135% in the past two sessions, while video game retailer GameStop fell 9.8% after hitting its highest level since June 2021 on Tuesday. Trading in the retail investor darlings, the most actively traded NYSE stocks, were halted minutes after the market opened.
GameStop, AMC drop after two days of sharp rally on \’Roaring Kitty\’ effect
Cinema chain AMC dropped 14.3%, after surging 135% in the past two sessions, while video game retailer GameStop fell 9.8% after hitting its highest level since June 2021 on Tuesday. Trading in the retail investor darlings, the most actively traded NYSE stocks, were halted minutes after the market opened.
GameStop, AMC drop after two days of sharp rally on \’Roaring Kitty\’ effect
Cinema chain AMC dropped 14.3%, after surging 135% in the past two sessions, while video game retailer GameStop fell 9.8% after hitting its highest level since June 2021 on Tuesday. Trading in the retail investor darlings, the most actively traded NYSE stocks, were halted minutes after the market opened.
GameStop, AMC drop after two days of sharp rally on \’Roaring Kitty\’ effect
Cinema chain AMC dropped 14.3%, after surging 135% in the past two sessions, while video game retailer GameStop fell 9.8% after hitting its highest level since June 2021 on Tuesday. Trading in the retail investor darlings, the most actively traded NYSE stocks, were halted minutes after the market opened.
Unlucky 7! 88% largecap mutual funds fail to beat benchmarks in 7 years
88% of large cap mutual funds struggled to beat benchmarks in the last seven years, highlighting challenges post Sebi\’s introduction of total return indices. Notable underperformers include Aditya Birla SL Frontline Equity Fund, while ICICI Prudential Bluechip Fund stood out as an outperformer.
Bharti Airtel Q4 Results: Profit slides 31% YoY to Rs 2,072 crore; dividend declared at Rs 8/share
Bharti Airtel Q4 Results: Revenue from operations in the January-March 2024 period increased 4% to Rs 37,599 crore against Rs 36,009 crore in the corresponding period of last year. Consolidated revenues were impacted by the devaluation of African currencies during the period, particularly Nigerian Naira.
Canara Bank shares surge nearly 5% as stock split comes into effect today
Canara Bank\’s shares surged 4.6% to Rs 118.40 as the 1:5 stock split took effect, converting each Rs 10 face value share into 5 shares valued at Rs 2 each. The move aims to enhance liquidity, affordability, and broaden retail investor participation.