— "We delivered a strong overall second quarter performance in the face of the significant market disruption," CEO Matt Reintjes said in a statement. The Dow Jones Industrial Average dipped 50 points at the open, while the S&P 500 was 0.1% lower. IndusInd Bank 3% lower ahead of results and fund raising meet tomorrow14. "However, we remain confident in our ability to grow our ad business, albeit not as much as we would have expected prior to the pandemic, as marketers re-allocate spend and follow consumers in the shift to streaming." The Nasdaq Composite rose 1% to hit a new record high, and closed above 11,000 for the first time. Nifty IT Index hits 52-week high; HCL Technologies and TCS top gainers7.
Both the entities are expected to offer a part of their existing shareholding through the offer for sale. Gold is often considered as a safe store of value during times of political and financial uncertainty. Nifty IT and Nifty Metal indexes were the only ones to end in the green, with former up 2 percent higher.
Economists surveyed by Dow Jones estimate the total to come in around 1.423 million, just a bit lower than the 1.434 million from the previous week. The stock priced at $18 per share on Wednesday night, below the range of $20 to $22. "People are not going to want to invest in markets that are moving 1% or more day after day, where as if they're grinding, that gives people confidence that you're not getting on a roller coaster," Day said. Find the latest stock market trends and activity today. Stock Market Highlights: Indian indices ended lower on Monday due to the massive slip in the bank index after a month or so. 2 rival for Disney in terms of content and its vast intellectual property empire. Compare key indexes, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & more. Financials drag Sensex & Nifty into the red; Nifty Bank falls over 3%2. Broader indexes underperformed the benchmarks, Nifty Midcap100 and Nifty Smallcap100 indexes ended 1.32 percent and 0.60 percent lower respectively. TSX-Toronto Stock Exchange 300 Composite Index 16,526.09-0.32% We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. Steady and growing dividend stream along with capital appreciation of underlying assets makes it an attractive investment opportunity in the long run.We recommend ‘Subscribe’ to the issue from a long term investment perspective," added Gupta. The company also cut its offering to 100 million shares from 150 million. Midcap Index falls 205 points to 15,234 and Nifty Bank 813 points to 21,8495. Stock market indexes around the world are powerful indicators for global and country-specific economies. Gold prices on Monday hit a fresh all-time high of Rs 52,000 per 10 grams as escalating tension between US and China boosted safe-haven appeal. "We want to use our stock as currency and potentially acquire more fintech organizations and put them in the mold," Gilbert said. An index collects data from a variety of companies across industries. Shares of Rocket Companies, the parent company of Quicken Loans, are set to start trading on Thursday as the mortgage lending company finishes its initial public offering. The Dow rose 162 points, or 0.6%. Nifty Bank index remained the worst-performing index of the day, down 3.59 percent followed by Nifty Financials and Nifty Pharma. Find updated quotes on top stock market index futures. Given the highly uncertain environment for the financial services industry in general, it may be wise to cash in on your rights in both NBFCsGet latest Finance online at cnbctv18.comAmong brokerages, CLSA and Edelweiss Securities raised the target price for ICICI Bank post its June-quarter earnings while maintaining a bullish view.
"The results are a testament to the resilience of demand for our brand and the power of our diverse omni-channel strategy, led by the strength of our direct-to-consumer business which saw 61% growth in the quarter." BOTTOMLINE: Between Mahindra Finance and Shriram Transport, whose rights offer should you go for? Data is a real-time snapshot *Data is delayed at least 15 minutes. Results were not as bad as the street feared.
In One Chart CNBC’s Jim Cramer uses this chart to predict the exact date the stock market could hit the skids Published: July 18, 2020 at 12:19 p.m. Consulate closures in China and the United States fanned worries about worsening diplomatic ties between the world’s two largest economies.At 9:18 am, the Sensex was trading 53 points higher at 38,182 while the Nifty rose 14 points to 11,208. US stocks again sold off sharply on Thursday as worries about coronavirus mounted. A search panel headed by the Cabinet Secretary will be interviewing the shortlisted candidates. The firm is overweight mid-cap and international, and equal-weight small-cap, international and emerging markets.Looking ahead, Day said that volatility is one of the key market factors he's watching. Sources said that another extension for Tyagi cannot be ruled out. RIL, ICICI Bank, ITC, HDFC Bank, and Bajaj Finance contributed the most to the gains. The major averages were mostly flat around midday as traders kept an eye on Washington amid ongoing negotiations on a new coronavirus stimulus package. Stock futures moved slightly lower early Thursday as investors awaited weekly jobless claims data ahead of the much-anticipated July jobs report. Shares of Uber fell more than 4% in extended trading after the company reported a Stocks finished the session higher, boosted by better-than-expected unemployment data, as well as strength in the technology sector. In the United States the S&P 500, Dow …