US stock news

Equity benchmark indices closed the special trading session on a firm note on Saturday, extending their rally to the third day running amid fresh foreign fund inflows.

Investors in small and medium enterprises’ initial public offerings laugh all the way to bank after tripling and quadrupling their investments in matter of 10-15 days, even as exchanges plan to tighten norms. The three SME IPOs—Winsol Engineers, Refractory Shapes, and TGIF Agribusiness—were listed at a huge premium last week on NSE Emerge and BSE SME Exchange. Winsol Engineers made a bumper debut with the shares listing at ₹365 a piece on NSE Emerge against the issue price of ₹75, delivering a return of over four times. The company’s share closed at ₹422 on Friday. With a lot size of 1,600 shares, an investment of ₹1.20 lakh would have fetched ₹5.84 lakh, if one had sold on listing and ₹6.75 lakh if held till the weekend. Also read Know these 5 things before subscribing for SME IPOs Incidentally, the entire gain was earned in 8 days, as the bidding for Winsol Engineers’ IPO began on May 6, and shares were listed on May 14. Read: SME mop-up via IPOs makes giant strides in CY23  Nevil Savjani, Director of Beeline Capital Advisors, said…

Tesla and BYD in April: The gap widens Zheneng Motors This year we can indeed see Tesla starting to lag behind in China

In the early morning of the 17th, Beijing time, U.S. stocks closed slightly lower on Thursday

Gelonghui, May 17 | The US version of Tieba Reddit (RDDT.US) US stocks surged more than 14% before the market opened, to US$64.4

Gelonghui, May 17 | Real estate agency Beke (BEKE.US) rose more than 7% to US$20.5 before the market opened.

Target: ₹555

U.S. stocks edged higher on Thursday, with the Dow Jones Industrial Average crossing the 40,000 mark for the first time

Shares of Oberoi Realty climbed nearly 9 per cent on Thursday’s trade. The company’s consolidated net profit for the March quarter of 2024 increased 64 per cent and announced plans to raise up to ₹4,000 crore through issuance of equity shares and non-convertible debentures.

Artemis Medicare Services Ltd. has raised ₹330 crore funding in the form of compulsorily convertible debentures (CCDs) from International Finance Corporation (IFC), a member of the World Bank Group.