Latest Stock Market News

Wall Street opens lower after Fed-driven rally

Updated at : 2022-03-17 19:25:03

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The Dow Jones Industrial Average fell 67.71 points, or 0.20%, at the open to 33,995.39.

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The sale is expected to attract yield-hungry investors seeking to deploy funds ahead of the fiscal year-end amid a short supply in securities, market sources said.

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Rakesh Jhunjhunwala owns over a 1 per cent stake in at least three dozen stocks. His stake in the top 10 of his portfolio stocks was worth Rs 27,000 crore at last count.

The S&P/ASX 200 index ended 1.1% higher at 7,175.2 points.

Vested Finance, which facilitates investing in US stocks, said it has launched a pre-made portfolio of select stocks called Bitcoin Vest that comprises shares of companies that generate some or all of their revenue from cryptocurrencies.

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The Nikkei share average rose 1.7% to end at 25,762.01, while the broader Topix climbed 1.46% to 1,853.25.

Avenue Supermart shares drop 1.05% as Sensex rises

Updated at : 2022-03-16 21:50:03

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On the technical charts, the RSI of the stock stood at 49.94.

Colgate-Palmolive share price up 0.12 per cent

Updated at : 2022-03-16 21:50:03

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A total of 7,063 shares changed hands on the counter till 02:10PM (IST).

European shares jump on China stimulus cheer

Updated at : 2022-03-16 21:50:03

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The pan-European STOXX 600 index rose 2.1% by 0818 GMT, hitting its highest since March 3.

Commodity traders remain too big to be ignored — and a possible source of big trouble if left unattended.

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