Wall Street stocks flirt with bear market amid concerns over interest rates, inflation and war
S&P 500 sinks into bear market amid brutal equities selloff
The S&P 500 slipped 1.8% on Friday, pushing 20% below its record closing high on Jan. 3. The drop is part of a seven-week slide in the broad measure that qualifies as the longest since the dot-com bubble was bursting in 2001.Paytm Q4 Results: Net loss widens to Rs 761 crore, revenue rises 89% YoY
Revenue from operations came in at Rs 1540.9 crore, up 88.99 per cent against Rs 815.3 crore it recorded in the same quarter year ago.Taking Stock | Market bounces back; Sensex, Nifty gain 3%; metal, pharma, banks lead charge
Welspun Corp, ITC and Hindustan Aeronautics were among the stocks that touched their 52-week high on the BSESGX Nifty up 211 points; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 211 points, or 1.34 per cent, higher at 15,996, signaling that Dalal Street was headed for a positive start on Friday.Stocks in the news: NTPC, Wipro, HPCL, Ashok Leyland, V-Guard and Concor
NTPC, Thermax, Paytm, Zydus Lifesciences, Indigo Paints, IRFC, Pfizer, Metro Brands, Narayana Hrudayalaya, Nuvoco Vistas, Sobha, IDFC, Amaja Raja Batteries and CE Info Systems are among the companies which will announce their earnings today.IIFL Fin plans to buy back overseas bonds
The move will likely save the company up to 2 percentage points in borrowing costs, adjusted for currency hedges.Markets in a tailspin, investors lose more than Rs 6.4 lakh crore in a day
The Sensex has lost more than Rs 17.59 lakh crore of its market capitalisation in May alone. The mcap was Rs 266.98 lakh crore at the close on April 29 and has now collapsed to Rs 249.38 lakh croreSafe-haven dollar eases after Wednesday’s jump, but risk sentiment remains fragile
Despite the pause in the safe haven rally, sentiment remained fragile with Asian stocks sliding and U.S. futures pointing lower, a day after a 4% drop for the S&P 500 and a 5% plunge for the Nasdaq.Corporate Radar: Bonuses, dividends, Q4 results & more
Godrej Consumer Products, Dr. Reddy’s Laboratories, Gland Pharma, Bosch, Ashok Leyland and HPCL are among companies which will announce their quarterly earnings today.