At closing bell, the Dow Jones Industrial Average index advanced 349.89 points, or 0.88%, to 39,908. The S&P500 index climbed up 61.47 points, or 1.17%, to 5,308.15. The tech-heavy Nasdaq Composite index increased by 231.21 points, or 1.4%, to fresh record of 16,742.39.
Posts in category Business Standard
Asian stocks rides Wall Street rally, dollar sags on US inflation relief (16-05-2024)
Gold marched back toward record levels, and crude oil added to gains after rebounding strongly
Stock Alert: Infosys, IEX, Redington, Quick Heal Tech, Star Cement (16-05-2024)
Securities in F&O ban: Balrampur Chini Mills, Birlasoft, Canara Bank, GMR Infra, Hindustan Copper, Vodafone Idea, Piramal Enterprise, Sail, and Zee Entertainment Enterprise.
Eicher Motors JV inks pact with iTrangle Infotech (16-05-2024)
Eicher Motors said that its JV, VE Commercial Vehicles (VECV) has signed definitive agreement to form JV with iTriangle Infotech to develop and deliver fleet management solutions for truck and bus.
Class-action suits come to the rescue of investors in Indian mkts, finally (16-05-2024)
It’s only now that the tool is finally being put to use. Two separate challenges are being heard by India’s company law tribunal
Shares may see a firm start (16-05-2024)
GIFT Nifty:
Buy PFC, Power Grid; Sell Bajaj Finance May futures, recommends Ajit Mishra (16-05-2024)
Ajit Mishra, SVP-Research of Religare Broking expects the Nifty to face resistance in the 22,300 – 22,400 range.
Stock Market LIVE: Asian indices sprint on Wall Street’s record closing overnight (16-05-2024)
Stock Market LIVE updates on Thursday, May 16, 2024: Overnight, Wall Street’s main indices closed at record highs after data showed CPI rose at a slower-than-expected pace in April
Stocks to watch on May 16: Dixon Tech, LIC Housing Finance, Goa Carbon (16-05-2024)
At 7:10 AM, Korea’s Kospi led the gains with a 1.19 per cent increase, while Hong Kong’s Hang Seng was up by 0.99 per cent. Japan’s Nikkei also saw a rise of 0.53 per cent