The Nasdaq dipped on Wednesday, halting its previous rally, as investors reacted to heightened Russia-Ukraine tensions and disappointing Target earnings. Meanwhile, the Dow and S&P 500 saw modest gains. Market sentiment was also influenced by anticipation surrounding Nvidia’s earnings, which were released after the closing bell.
Posts tagged All News
Stocks to watch, Nov 21: Adani Group stocks, Cipla, UPL, BoB, Tata Tech (21-11-2024)
Here is a list of stocks that will be in focus from Adani Group stocks to Tata Power
Stock Market Live Updates November 21, 2024: Stock to sell today: Lupin (₹2,037.05) (21-11-2024)
Sensex, Nifty, Share Prices LIVE: Lupin’s stock started showing weakness in early October after facing resistance at ₹2,250. So far in November, it has seen a steady decline in price, which led to the price slipping below the support at ₹2,070. This has opened the door for further depreciation from the current market price. While ₹2,000 is the nearest support, given the selling momentum, we anticipate the stock to fall to ₹1,960 in the near-term.
GIFT Nifty down 75 points; here’s the trading setup for today’s session (21-11-2024)
The 23,780-23,800 range will serve as critical resistance for the index. On the downside, the 50-weekly simple moving average (WSMA) is placed near 23,300, which will provide short-term support for the index. Overall, the short-term trend is down till index remains below 23,800, said Hrishikesh Yedve of Asit C Mehta Investment Interrmediates.
Stocks in news: Airtel, Vedanta, Godfrey Phillips, UPL, Adani Enterprises (21-11-2024)
Fitch Ratings has maintained its ‘B-‘ rating for Vedanta Resources Ltd (VRL), the parent of Vedanta, while assigning a positive outlook that signals potential upward momentum.
Gain Bitcoin scam case: CBI summons audit firm employee Gaurav Mehta (21-11-2024)
The CBI on Wednesday summoned Gaurav Mehta, an audit company employee, to appear before it as soon as possible in connection with the Rs 6,600-crore Gain Bitcoin ponzi scam case, officials said.
The central probe agency had registered three cases related to the scam last month on the Supreme Court orders issued last year, officials said.
Mehta was summoned by the CBI, a day after his name cropped up in purported tapes of Maharashtra political leaders discussing the encashment of the cryptocurrency worth crores.
The Central Bureau of Investigation (CBI) swung into action hours after the Enforcement Directorate, investigating the money laundering aspect, launched raids at the Mehta’s residence in Chhattisgarh.
The apex court handed over cases registered against Variable Tech Pvt Ltd across the country to the CBI in December 2023.
“During the investigation, it shall be open to the CBI to club/consolidate any one or more of the FIRs,” the top court had said.
The apex court had clarif
Asian stocks dip as Nvidia results fail to impress (21-11-2024)
Shares in Japan and South Korea fell alongside Hong Kong equity futures. Contracts for US benchmarks declined Thursday in Asian trading after falling on Nvidia earnings. The chip giant met third-quarter revenue and earnings expectations, but failed to meet the highest estimates for future revenue. Shares in Australia were slightly higher.