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However, after reassurance from the Finance Minister of India, the market bounced back to close at 16,730 with a loss of 875 points. [66] Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66]
India's Sensex rose 0.3% while the SET in Bangkok shed 0.7%. On Wednesday, Netflix, Oracle and other big technology stocks lifted Wall Street Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of AI. Oracle added 6.8% and Nvidia, the company whose chips are powering much of the move into AI, rose 4.4%.
Despite these regulations, market operators exploit loopholes to gain an edge, necessitating continuous vigilance and regulatory updates. Market operators in India often use the "pump and dump" strategy, despite strict regulations against such practices. The "pump and dump" scheme involves artificially inflating the price of a stock (pump ...
The movements of the prices in global, regional or local markets are captured in price indices called stock market indices, of which there are many, e.g. the S&P, the FTSE, the Euronext indices and the NIFTY & SENSEX of India. Such indices are usually market capitalization weighted, with the weights reflecting the contribution of the stock to ...
Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app ...
The S&P 500 had its worst day on Wednesday since mid-December, failing to hold the 200-day moving average, according to the US Market Intelligence team at JP Morgan. Wall Street navigated another ...
As per Rediff, "The Sensex opened with a negative gap of 207 points at 15,344 amid weak trends in the global market and slipped deeper into the red. Unabated selling across-the-board saw the index tumble to a low of 14,911. The Sensex finally ended with a nifty loss of 615 points at 14,936. The NSE Nifty ended at 4,346, down 183 points.
Stock market news live updates: Stocks rise against backdrop of Fed comments, China COVID surge. Alexandra Semenova. November 22, 2022 at 1:05 PM.