The Dow Jones Industrial Average fell 42.45 points, or 0.11%, at the open to 38,006.68. The S&P 500 opened lower by 5.25 points, or 0.11%, at 4,888.91, while the Nasdaq Composite dropped 35.64 points, or 0.23%, to 15,474.85 at the opening bell.
Intel plunges as chipmaker falls further behind in AI race amid PC market hurdles
The forecast from one of the largest suppliers of PC chips weighed on Nvidia, Advanced Micro Devices, Qualcomm and Micron Technology, which fell between 0.6% and 1.7%.
US equity fund withdrawals ebb to four-week low amid tech-led Wall Street rally
U.S. equity funds saw net withdrawals of $3.04 billion in the week, the smallest in four weeks, as a Wall Street rally, led by strong tech sector gains from upbeat forecasts by TSMC and Super Micro Computer, tempered the outflows.
SC relief for Sebi on SAT ruling in Karvy pledge case
A Supreme Court bench, led by Chief Justice DY Chandrachud, while admitting a batch of appeals filed by Sebi, National Securities Depositories (NSDL) and National Stock Exchange of India (NSE), posted the matter for final hearing in the second week of April.
‘Complacency’ of 2023 could mean turmoil ahead for small & midcaps
“The predominant higher closings of the Nifty in 2023 were like the one seen in 2017,” said Sahil Kapoor, head of products and market strategist at DSP Mutual Fund. “Like in 2017, this indicates complacency may have set in and market participants are not prepared for any shocks that may come.”
Stock market holiday today: BSE, NSE to remain shut for Republic Day
Wholesale commodity markets, including metal and bullion, will also remain closed.Tata Chemicals, Berger Paints among 4 stocks with top long unwinding
Nifty, Sensex fall 1%; FII selling, firm US yields among factors weighing on sentiment
Market analysts believe that domestic markets will see sideways consolidation on the day of monthly FO expiryChina stocks bounce loses steam; focus turns to ECB
Asian stocks traded cautiously and bonds fell on Thursday while investors waited on more detail of China’s stimulus plans and for a European Central Bank meeting later in the session.
Q3 Results Today: SBI Life, JSW Steel, Vedanta, Adani Power among 84 companies to announce earnings
On the last trading day of this week, 84 companies listed on the BSE will announce their December quarter earnings. Among the Nifty companies, SBI Life Insurance Company and JSW Steel will report their Q3 earnings. Street will also keeping a close track on the earnings of ACC, Adani Power, AU Small Finance Bank, Cyient, Equitas Small Finance Bank, Hindustan Petroleum Corporation (HPCL), Indian Energy Exchange.