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Posts in category Economic Times
Gainers & Losers: Reliance Industries among 6 stocks that hogged limelight on Thursday (03-10-2024)
Nifty50 and Sensex dropped over 2% amid escalating Middle East tensions, with significant declines in multiple stocks today.
Warren Buffett sells $338 million of BofA stock as spree slows (03-10-2024)
Warren Buffett’s Berkshire Hathaway has been gradually reducing its stake in Bank of America, with recent sales at lower prices compared to earlier disposals. The latest transactions fetched $338 million, marking a decrease from prior rounds, though Berkshire remains the bank’s top shareholder with a 10.2% stake valued at over $31 billion.
These 9 smallcap stocks have fallen more than 50% from their year-high (03-10-2024)
The benchmark Sensex has decreased by about 2% from its 52-week high, and the BSE Smallcap index has fallen by 0.50%. However, a closer inspection of smallcap stocks shows that nine have plummeted over 50% from their individual 52-week high
Bitcoin tumbles below $60,500 amid rising Middle East conflict (03-10-2024)
Cryptocurrency markets plummeted on Thursday due to intensified geopolitical tensions following Iran’s missile strikes on Israel. Bitcoin dropped below $60,500, and major altcoins saw significant declines. The global crypto market cap fell by 3.7% to $2.09 trillion. Stablecoins accounted for 91.61% of the total crypto market’s trading volume.
Bitcoin tumbles below $60,500 amid rising Middle East conflict (03-10-2024)
Cryptocurrency markets plummeted on Thursday due to intensified geopolitical tensions following Iran’s missile strikes on Israel. Bitcoin dropped below $60,500, and major altcoins saw significant declines. The global crypto market cap fell by 3.7% to $2.09 trillion. Stablecoins accounted for 91.61% of the total crypto market’s trading volume.
Angel One, BSE among 10 stocks that defy today’s market sell-off (03-10-2024)
Indian indices plunged amid global market sell-off due to Middle East tensions. BSE Sensex fell over 1,800 points, and Nifty50 fell over 500 points. However, some stocks like ITD Cementation, Infibeam Avenues, Sarda Energy and Minerals, Petronet LNG, Angel One, and Jubilant Ingrevia were trading in the green.
Angel One, BSE among 10 stocks that defy today’s market sell-off (03-10-2024)
Indian indices plunged amid global market sell-off due to Middle East tensions. BSE Sensex fell over 1,800 points, and Nifty50 fell over 500 points. However, some stocks like ITD Cementation, Infibeam Avenues, Sarda Energy and Minerals, Petronet LNG, Angel One, and Jubilant Ingrevia were trading in the green.
Sensex’s 1,800-point fall is 3rd largest in 2024; 7 other times when it fell by 1K points or more (03-10-2024)
S&P BSE Sensex dropped by over 1,800 points, marking its third largest decline of 2024. This drop follows previous significant falls and is influenced by escalating hostilities between Iran and Israel, along with rising oil prices. Foreign institutional investors also contributed, pulling funds from Indian equities due to concerns over China’s economic stimulus measures.
Sensex’s 1,800-point fall is 3rd largest in 2024; 7 other times when it fell by 1K points or more (03-10-2024)
S&P BSE Sensex dropped by over 1,800 points, marking its third largest decline of 2024. This drop follows previous significant falls and is influenced by escalating hostilities between Iran and Israel, along with rising oil prices. Foreign institutional investors also contributed, pulling funds from Indian equities due to concerns over China’s economic stimulus measures.