Sensex sinks 1,145 pts; Nifty drops below 14,700
The 30-share BSE index ended 1,145.44 points or 2.25% lower at 49,744.32. The broader NSE Nifty sank 306.05 points or 2.04% to finish at 14,675.70. Extending its losses for the … Read More
Tag: Stocks
Warren Buffett's Berkshire Hathaway has quietly racked up a $6 billion gain on its GM and BYD bets
Warren Buffett is a surprise winner in the electric-vehicle revolution. Berkshire Hathaway owns stakes in General Motors and Chinese automaker BYD. Buffett’s company has scored a $6 billion gain on … Read More
Sensex, Nifty snap 6-session winning run; end marginally lower
After rallying 487 points to touch its lifetime intra-day high of 51,835.86, the 30-share BSE Sensex pared all gains to end 19.69 points or 0.04% lower at 51,329.08. Snapping their … Read More
Robinhood Rival Webull Sees 16-Fold Jump in New Trading Accounts
The backlash over trading restrictions imposed by Robinhood Markets may be driving customers to one of the brokerage’s fastest-growing rivals, Webull Financial. “We’re part of this revolution that’s going on,” … Read More
Asian Stocks Set for Muted Start; Dollar Steady: Markets Wrap
Asian stocks looked set for a muted start to the week as traders awaited a Federal Reserve policy meeting and a flurry of earnings reports against the backdrop of the … Read More
European Stocks Climb on ECB; Treasury Yields Slip: Markets Wrap
European stocks climbed and the euro edged lower after the European Central Bank said it will keep an easy monetary stance for as long as needed. Speaking at the Finance … Read More
Goldman Managers Say Buy U.S. Stocks Despite Dot-Com Valuations
U.S. stocks are the most expensive since the dot-com bubble, but to Goldman Sachs Group Inc.’s $575 billion wealth management division, they’re still the best game in town. Strategists there … Read More
Stocks, U.S. Futures Churn Higher; Dollar Steadies: Markets Wrap
Global stock markets stabilized after Monday’s losses, with investors feeling confident enough in the economic recovery and vaccine rollout to buy the dip in some risk assets. Europe’s Stoxx 600 … Read More
Day-Trader Frenzy for Trendy Stocks Is Defying Decades of Losses
Day traders getting rich buying trendy companies from solar power to cloud computing are defying two decades of money-losing history in ETFs that follow the approach. Stuffed with overvalued stocks, … Read More
Momentum-Chasing Quants Are All Set to Jump on Stock Rotation
Momentum-chasing investors are set to boost Wall Street’s risk-on stock rotation as they bet on systematic trades tied to the American consumer and against defensives like health care. As reflation … Read More