Berkshire Hathaway, led by Warren Buffett, has continued to sell Bank of America shares. Nearly 8.7 million shares were sold for $370 million as of Oct. 15. Previously, 9.5 million shares were sold for $382.4 million, reducing Berkshire’s stake in Bank of America to below 10%. The selling began in mid-July.
National Standard (India) standalone net profit rises 71.43% in the September 2024 quarter (18-10-2024)
Sales rise 630.77% to Rs 3.80 crore
SW Investments reports standalone net profit of Rs 0.03 crore in the September 2024 quarter (18-10-2024)
Sales rise 400.00% to Rs 0.05 crore
Galaxy Agrico Exports reports standalone net profit of Rs 0.09 crore in the September 2024 quarter (18-10-2024)
Sales decline 22.48% to Rs 1.00 crore
Vivanza Biosciences consolidated net profit declines 92.31% in the September 2024 quarter (18-10-2024)
Sales decline 60.63% to Rs 3.00 crore
5Paisa Capital consolidated net profit rises 15.02% in the September 2024 quarter (18-10-2024)
Sales rise 4.01% to Rs 100.79 crore
Stocks that will see action today: October 18, 2024 (18-10-2024)
Buzzing stocks: Zomato, DCW, Prestige Estates. Adani Enterprises, Allied Blenders, GE T&D, Nitro, LIC, Reliance, Jio Financial, Tata Consumer. L&T Finance, Zee Entertainment, Aether Industries, ICICI Lombard, Jindal Saw
Dow closes at another record high as chip stocks, retail data support (18-10-2024)
The Dow Jones Industrial Average achieved its fourth record close in five sessions, driven by strong retail sales and a bullish forecast from TSMC. U.S. retail data signaled robust economic health, sustaining investor optimism despite slight losses in the S&P 500 and mixed performances among other indexes.
Gold lingers near record peak, set for weekly gain (18-10-2024)
Gold prices are stable near record highs due to U.S. election uncertainty, Middle East tensions, and a looser monetary policy. Spot gold stood at $2,694.99 per ounce. U.S. gold futures rose slightly. Interest rates and geopolitical uncertainty enhance gold’s attractiveness. Swiss gold exports fell in September. Silver, platinum, and palladium showed varied price changes.