Latest Stock Market News

Employers added 114,000 jobs, below expectations for an increase of 175,000. The unemployment rate rose to 4.3%, above economists expectations that it would be unchanged on the month at 4.1%.

​Despite the market turmoil, five stocks from the BSE FMCG index reached their highest prices in the past year.

Intel was set to erase about $35 billion in stock market value on Friday in potentially its worst selloff ever after it suspended dividend and slashed workforce to fund a costly turnaround for its chip-making business.

Berkshire Hathaway sold $779 million worth of Bank of America shares between July 30 and Aug. 1, marking the 12th consecutive day of selling the stock since July 17. In total, Berkshire has sold 90.4 million Bank of America shares during this period.

U.S. central bankers may be having second thoughts about their decision earlier this week to hold borrowing costs steady, after a government report on Friday showed the job market slowed sharply last month.

Eris Lifesciences on Friday said its consolidated profit after tax declined by 4.5 per cent year on year to Rs 89 crore for the quarter ended on June 30, 2024. The drug maker had reported a profit after tax of Rs 94 crore in the April-June quarter of the last fiscal.

UltraTech Cement’s open offer for shareholders of India Cements is likely to open on September 19, and close on October 3. The mandatory open offer by UltraTech follows the company acquiring more than 55% stake in the Chennai-based cement-maker in the last two months.

The US generating fewer jobs in the previous month has raised concerns over its economy while boosting chances for a Federal Reserve rate cut. Gold futures, which move inversely to the dollar index (DXY), saw a 1.3% jump on Comex and were trading at 2,510.30 per troy ounce.

Meanwhile, four promoters -- Navin Lodha, Sanjay Lodha, Niraj Lodha and Vivek Lodha -- offloaded the same amount of shares at the same price on the National Stock Exchange (NSE).

he Dow Jones Industrial Average fell 272.6 points, or 0.68%, at the open to 40,075.33.