US stocks ended narrowly mixed as the tech-heavy Nasdaq moved sharply lower while the Dow ended the day firmly positive. The Nasdaq tumbled 222.78 points or 1.3 percent to 17,147.41, ending the session at its lowest closing level in well over a month. The S&P 500 also fell 27.10 points or 0.5 percent to 5,436.44, while the narrower Dow climbed 203.40 points or 0.5 percent to 40,743.33. The steep drop by the Nasdaq came as tech stocks came under pressure as Nvidia (NVDA) plunging by 7.0 percent to a two-month closing low. Microsoft lost 1% ahead of its earnings release after the closing bell, while Apple, Alphabet, and Meta were muted ahead of their reports later in the week.
Posts in category Business Standard
Nifty above 24,900 level; media shares rally for 7th day (31-07-2024)
At 10:28 IST, the barometer index, the S&P BSE Sensex, was up 251.10 points or 0.30% to 81,706.50. The Nifty 50 index rose 73.90 points or 0.30% to 24,931.20.
Ugro Capital receives upgrade in credit ratings (31-07-2024)
Ugro Capital has received credit ratings from India Ratings & Research as under:
Supra Industrial Resources reports standalone net loss of Rs 0.01 crore in the June 2024 quarter (31-07-2024)
Sales reported at Rs 0.01 crore
IPO listing today: Chetana Education shares list at 16% premium on NSE SME (31-07-2024)
Chetana Education shares listed at Rs 98.90 on the exchange, compared to the IPO issue price of Rs 85, yielding a return of 16.35 per cent per share for investors
IPO listing today: Chetana Education shares list at 16% premium on NSE SME (31-07-2024)
Chetana Education shares listed at Rs 98.90 on the exchange, compared to the IPO issue price of Rs 85, yielding a return of 16.35 per cent per share for investors
Torrent Power hits record high as Q1 PAT climbs 88% YoY (31-07-2024)
Torrent Power soared 8.87% to Rs 1,741.50 after the company’s consolidated net profit jumped 87.96% to Rs 972.24 crore in Q1 FY25 as against with Rs 517.27 crore posted in Q1 FY24.
Torrent Power surges 11%, hits new high on robust June quarter earnings (31-07-2024)
Torrent Power share price today: In the past one year, the market price of Torrent Power has zoomed 161 per cent
Torrent Power surges 11%, hits new high on robust June quarter earnings (31-07-2024)
Torrent Power share price today: In the past one year, the market price of Torrent Power has zoomed 161 per cent
How will Sebi’s proposed F&O rules affect BSE, NSE, Zerodha, Angel One? (31-07-2024)
Spillover of trading activity from these contracts into remaining products, analysts believe, can limit the impact to 20-25%