Latest Stock Market News

The Nasdaq Composite dropped 185.71 points, or 1.20%, to 15,324.19 at the opening bell, while the Dow Jones Industrial Average fell 40.53 points, or 0.11%, at the open to 38,426.78.

​Dabur India promoter Burman family on Wednesday bought a 3.6 per cent stake in diversified financial services group Religare Enterprises for Rs 277 crore through open market transactions.

​Jindal Steel and Power reported a near four-fold surge in its consolidated net profit for the December quarter helped by a low base of the previous year, while gross revenue fell by 5% to Rs 13,698 crore.

​Markets regulator Sebi has restrained an individual from the securities markets for a period of two years for providing unregistered portfolio management services.

The 52-week high serves as a crucial technical indicator for traders and investors, indicating the highest price a stock has attained in the preceding year.​

​Tech giants on Tuesday talked up how customers are lapping up their generative AI-powered products, but mounting costs of developing the cutting-edge features irked investors hoping for a big boost to sales from the new technology.

During this timeframe, ETMarkets has spotted 8 largecap stocks that have delivered noteworthy returns.

Stocks that were in focus on Wednesday include names like Godfrey Phillips which was up nearly 10% to hit a fresh record high, PB Fintech which rose 10% to hit a fresh 52-week high and UCO Bank which closed with gains of over 6% on Wednesday

Short covering signals a shift in view on a security from extreme bearishness to bullishness.

​U.S. Treasury yields slid Wednesday morning after a weaker than expected reading of private payrolls as investors awaited the closely-watched Federal Reserve interest rate decision.