The US stocks turned in a relatively lackluster performance during trading on Tuesday. Despite the choppy trading, the S&P 500 and the Nasdaq once again reached new record closing highs. The major averages all finished the day modestly higher. The S&P 500 climbed 13.80 points or 0.2 percent to 5,487.03, the Dow rose 56.76 points or 0.2 percent to 38,834.86 and the Nasdaq inched up 5.21 points or less than a tenth of a percent to 17,862.23.
Posts in category Business Standard
Prestige Estates shares slump 5% on plans to raise capital via QIP (19-06-2024)
Prestige Estates shares dropped up to 5 per cent at Rs 1,837 per share on the NSE in Wednesday’s intraday trade
Ami Organics hits record high on launching QIP; floor price at Rs 1228.71/share (19-06-2024)
Ami Organics jumped 8.53% to Rs 1,422.10 after its board approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 1,228.71 per share.
Bharat Forge further invests $40 mln in USA arm (19-06-2024)
The forging company on Tuesday announced that it has made an additional investment of $40 million (Rs 334.04 crore) in its wholly owned subsidiary, Bharat Forge America (BFA).
Sona BLW share price rises 4% on securing certification under PLI scheme (19-06-2024)
The jump in the stock price came after Sona BLW announced that it has secured certification for its traction motor for electric 3-wheelers under production-linked incentive (PLI) scheme
Kavveri Telecom Products wins order of Rs 10.9 cr (19-06-2024)
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Indices open at fresh record highs; breadth negative (19-06-2024)
At 09:30 IST, the barometer index, the S&P BSE Sensex was up 128.16 points or 0.16% to 77,429.30. The Nifty 50 index added 14.90 points or 0.06% to 23,572.80.
Indus Towers slips 5% on Vodafone Group’s partial stake sale plans (19-06-2024)
Till 09:22 am; a combined 47.34 million equity shares representing 1.76 per cent of total equity of Indus Tower have changing hands on the NSE and BSE
Venus Remedies edges higher after bagging supply order for oncology drugs from PAHO (19-06-2024)
Venus Remedies advanced 2.29% to Rs 383.35 after the company announced it has been awarded a tender by the VVHO-backed Pan American Health Organisation for supplying essential cancer drugs to multiple Latin American countries.
Bernstein sees 20% upside in IndusInd Bank, 7% downside in Bajaj Finance (19-06-2024)
The downside in Bajaj Finance, Bernstein said, was because much of the positives are priced into the stock’s rich valuations