Stocks

Google’s Antitrust Loss Hits Stocks A Bit Amid Market Slump

06 Aug 2024

Google has been found to have violated antitrust laws, specifically Section 2 of the Sherman Act, by maintaining its search engine monopoly through exclusive deals. Despite this ruling, Alphabet (Google's parent company) and Apple saw only a slight dip in their stock prices. Both companies' stocks fell about 5% that...

European Stocks Hit New Lows Amid Global Sell-Off

05 Aug 2024

European stocks fell sharply this week, with the pan-European STOXX 600 index dropping to its lowest point in nearly six months. On Friday, the index plunged below 500 points for the first time since April 15, marking its worst week in almost nine months. The STOXX 600 was down 3.1%...

Indian stocks stand firm as US Central Bank hints at possible rate cut

21 Mar 2024

Indian stock indices showed strength on Thursday following a global stock surge spurred by the US Federal Reserve's decision to maintain its projection of three rate cuts this year during its latest monetary policy review. By 10:09 am, the Sensex stood at 72,724.62 points, 622.93 points or 0.86 percent, while...

Over 4% dip in Patanjali’s shares after Supreme Court’s notice to the Ramdev-led Ayurved Giant

28 Feb 2024

Following the Supreme Court’s contempt notice to Patanjali, the company’s shares fell by 4.13 per cent, on Wednesday, to hit a low price of Rs 1,555. The price came down by 10.58 per cent from its record high of Rs 1741 observed in the last year. The apex court, on...

Adani Group sees further slump: 10 more stocks fall today

03 Feb 2023

It seems Gautam Adani is not finding anyway out of the debacle any soon. Adani group’s 10 stocks all fell in early Mumbai trading, with $120 billion, or more than half of their combined value. The Hindenburg report has impacted the Adani Group of companies adversely. Gautam Adani’s public statement...

Indian Stocks are largely stable after US Central Bank policy minutes

05 Jan 2023

Indian stock indices opened largely steady on Thursday morning. At 10:01am, Sensex traded at 60,583.81 points, down just to 73.64 points today, whereas Nifty traded at 18,042.85 points, down to 0.100 points. Despite the hawkish minutes in the United States, the markets closed in the positive territory on Wednesday.