Market Bizzz

Stocks that were in focus included names like Paytm, which fell 1.08%, Varun Beverages, which rose 6.62%, and Astral, whose shares declined 2.19% on Wednesday.

Asian shares fell on Thursday after Wall Street snapped a long winning streak, while Treasury yields were near five-month lows on hopes Britain’s notably soft inflation reading would be echoed in looming U.S. price data.

Gold prices edged higher on Thursday, helped by a softer dollar and lower Treasury yields as traders looked forward to November U.S. inflation data due out on Friday for more clues on the Federal Reserve’s monetary policy outlook.

When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.

FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts’ targets on Tuesday, sending shares tumbling 9.8%, as its largest Express business saw demand from the U.S. Postal Service drop.

Toshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan’s biggest brands and ushered in a buyout and an uncertain future.