Markets Continue to Slide: Sensex Falls 1,180 Points, Nifty Below 23,600

Markets Continue to Slide: Sensex Falls 1,180 Points, Nifty Below 23,600

Last Updated:December 20, 2024, 16:43 IST Share Market News Today, Stock Market Updates: Foreign Institutional Investor (FII) buying seen in early December is now reversing, with this week’s FII outflows reaching Rs 12,229 crore. Sensex Today. Share Market News Today, Stock Market Updates: The domestic equities market continued to decline, with the BSE Sensex ending … Read more

Mobikwik reports losses yet share price jumps after IPO listing gain

Mobikwik reports losses yet share price jumps after IPO listing gain

The share price of fintech firm MobiKwik, which reported a net loss in the first quarter of the current financial year (FY) 2024-25, surged after getting listed today following its IPO, giving investors massive returns after an impressive listing gain of 58.5 percent. The company, which reported a net loss of Rs 6.6 crore in … Read more

Bill Gates Dumps 5.93M Microsoft and 2.48M Berkshire Hathaway Shares in Q3, Boosts FedEx Stake by 65%

Bill Gates Dumps 5.93M Microsoft and 2.48M Berkshire Hathaway Shares in Q3, Boosts FedEx Stake by 65%

According to a 13F filing with the US Securities and Exchange Commission, the Bill & Melinda Gates Foundation Trust reduced its stake in Microsoft (NASDAQ: MSFT) by 17% or 5.93 million shares to 28.957 million shares worth £9.82 billion ($12.46 billion) in Q3. During the same quarter, the Microsoft co-founder also sold 2.48 million Berkshire … Read more

Biden calls for ban on congressional stock trading

Biden calls for ban on congressional stock trading

WASHINGTON — President Joe Biden endorsed a ban on congressional stock trading in an interview that’s being released this week, belatedly weighing in on an issue that has been debated on Capitol Hill for years. “Nobody in the Congress should be able to make money in the stock market while they’re in the Congress,” Biden … Read more

Palantir Joins the Nasdaq 100 Index as Stock Price Surges by Over by 340% This Year

Palantir Joins the Nasdaq 100 Index as Stock Price Surges by Over by 340% This Year

Palantir Technologies (NASDAQ: PLTR) stock was added to the Nasdaq 100 index, according to a NASDAQ announcement on 13th December. PLTR shares became eligible to join the tech-heavy benchmark after a strategic move to the NASDAQ from the New York Stock Exchange (NYSE) last month. The company is a leading AI software system provider facilitating … Read more

Nasdaq blocked from imposing board diversity rules for companies on exchange

Nasdaq blocked from imposing board diversity rules for companies on exchange

A federal appeals court on Wednesday ruled that Nasdaq could not impose rules requiring companies listed on the exchange to have women and minority directors on their boards or explain why they do not. The New Orleans-based 5th US Circuit Court of Appeals on a 9-8 vote sided with two conservative advocacy groups in finding that the … Read more

Bill Gates’ Tesla Short Could Bankrupt Him if Shares Surge 200% To Top the Global Market

Bill Gates’ Tesla Short Could Bankrupt Him if Shares Surge 200% To Top the Global Market

Microsoft (NASDAQ: MSFT) co-founder Bill Gates has long been a proponent of environmental initiatives and a sustainable future. However, according to Walter Isaacson’s 2023 biography of Elon Musk, Gates’ alleged undisclosed short position against Tesla (NASDAQ: TSLA) led Musk to view his actions as hypocritical. A short position is simply betting against the company, and … Read more

Gifting Stocks This Holiday Season? Adviser Says It’s A Smarter Way To Transfer Wealth, Lower Taxes

Gifting Stocks This Holiday Season? Adviser Says It’s A Smarter Way To Transfer Wealth, Lower Taxes

Only a few kinds of gifts have the potential to grow in value over time, and one of them is company stocks. If you plan to gift your loved ones this holiday season, offering them stocks you own can be a practical gift that could positively impact the recipients’ finances in the long run. MAI … Read more

Stock market news: Sensex, Nifty end on flat note amid volatile trade

Stock market news: Sensex, Nifty end on flat note amid volatile trade

The 30-share BSE Sensex rises 1.59 points to close flat at 81,510.05. During the day, it climbed 217.88 points or 0.27% to hit an intraday high of 81,726.34. | Photo Credit: PTI GRAPHICS Equity benchmark indices Sensex and Nifty closed on a flat note on Tuesday (December 10, 2024) amid a lacklustre trade, as investors … Read more

UnitedHealth Group Stock Continues Upward Trend on 2025 Guidance Boost Amid Brian Thompson’s Murder

UnitedHealth Group Stock Continues Upward Trend on 2025 Guidance Boost Amid Brian Thompson’s Murder

UnitedHealth Group’s (NYSE: UNH) stock price surged close to its all-time high to touch the $620 mark at 9:30 a.m. ET on December 4. That was right around when Group CEO Andrew Witty called off the company’s Investor Conference at the Hilton Hotel in midtown Manhattan yesterday after Brian Thompson, CEO of the Group’s insurance … Read more