US stock news

Shares of ICICI Bank hit a lifetime high on the NSE at ₹1,136.90 on Monday’s trade after the company’s March quarter consolidated net profit grew 18.5 per cent to ₹11,672 crore, helped by lower provisions. The stock was trading at ₹1,138.85 on the NSE, higher by 2.79 per cent as of 11.53 am.

Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis.

Financial News Agency, April 28 (Editor Zhou Ziyi) After BHP Billiton’s initial US$39 billion acquisition offer for Anglo American was rejected, a source familiar with the situation revealed that BHP Billiton is considering making a higher acquisition offer.

Capital markets regulator Securities and Exchange Board of India (SEBI) has pointed out discrepancies in fees paid by BSE to the regulator on derivatives contracts.

Gelonghui April 26 | TAL (TAL.US), which closed sharply up 8.89% yesterday, continued to rise 2.25% before the market opened today, at $13.65

Gelonghui April 26 | Xpeng Motors (XPEV.US) rose nearly 8%, Li Auto (LI.US) rose more than 7%, NIO (NIO.US) rose nearly 6%, JD.com (JD. US) rose nearly 5%, Baidu (BIDU.US) rose more than 3%, and Pinduoduo (PDD.US) rose more than 2%.

Gelonghui April 26 | Microsoft (MSFT.US) U.S. stocks rose more than 3.8% before the market opened, at $414.31

Gelonghui April 26 | Intel (INTC.US) fell more than 7% to US$32.42 before the market opened.

The initial public offering of heating equipment maker JNK India Ltd was subscribed over 28 times.

The revised derivative market lot of Nifty 50 will take effect from Friday. Earlier this month, the National Stock Exchange (NSE) announced a revision in lot size from 50 to 25 for Nifty50. The bourse had also reduced the market lot of Nifty Financial Services to 25 from 50 and Nifty Midcap Select to 50 from 75, but the changes will take effect from July expiries.