S&P 500 Jumps as Microsoft Leads Rebound in Tech

S&P 500 Jumps as Microsoft Leads Rebound in Tech

By Yasin Ebrahim Investing.com – The S&P 500 climbed Wednesday, as technology rebounded from a rout a day earlier, supported by rally in Microsoft (NASDAQ:) following better-than-expected quarterly results.   The rose 1.2%, the gained 1.2%, or 385 points, the gained 1.1%. Alphabet (NASDAQ:{{6369|GOOGL and Microsoft  (NASDAQ:)kicked off the quarterly earnings for big tech, but […]

Stock Market Highlights: ICICI Bank bucks the trend as Sensex sheds 617 pts amid broad sell-off, Nifty gives up 17,000

Stock Market Highlights: ICICI Bank bucks the trend as Sensex sheds 617 pts amid broad sell-off, Nifty gives up 17,000

Stock Market Highlights : Indian equity benchmarks BSE Sensex and NSE Nifty50 started the week deep in the red amid across-the-board selling, tracking weakness across global markets as investors remained concerned about worsening inflation and fears that it may trigger faster-than-expected hikes in COVID-era interest rates. Losses in oil & gas, IT and FMCG shares […]

Indian Forex Reserves Fall For Sixth Week In A Row

Indian Forex Reserves Fall For Sixth Week In A Row

New Delhi: Since last six weeks India’s foreign exchange reserves are continuously facing a downfall. As per the latest RBI data the reserves have shrunk by another $311 million in the week to April 15 to stand at $603.694 billion. Forex reserves fell by $2.471 billion, in the previous reporting week that ended on April […]

₹15 to  ₹178: Multibagger stock turns  ₹1 lakh to  ₹11 lakh in one year

₹15 to ₹178: Multibagger stock turns ₹1 lakh to ₹11 lakh in one year

Multibagger stocks: Despite global economy reeling under inflation pressure, Indian stock market has managed to produce a good number of multibagger stocks in post-Covid rally. In FY20212-22, Indian secondary market has produced around 190 multibagger stocks whereas in Q4FY22, the number of multibagger stocks produced by Dalal Street stands at around 90. Radhika Jeweltech shares […]

FII ownership of NSE 500 stocks at 3-year low: BofA Securities

FII ownership of NSE 500 stocks at 3-year low: BofA Securities

Foreign institutional investor’s (FII’s) ownership of NSE 500 stocks hit a three-year low of 19.5 per cent, suggested a note by BofA Securities. In terms of flows into Indian equities, March 2022, BofA Securities’ note said, was the sixth consecutive month of FII outflows (-$5.4 billion, most severe since March 2020) on […]