Hopes that the epidemic would be over in a few months and economic activity would return to normal have been shattered, as new infections reported around the world now surpass those in China
The Nasdaq Composite dropped 236.74 points, or 2.64%, to 8,744.03 at the opening bell
Adding to the cautious mood on the Dalal Street will be the expiry of the February series derivative contracts today and the release of the Q3 GDP data tomorrow
Among individual stocks, HDFC Life Insurance Company, Bandhan Bank, and Info Edge will be in focus today as they are set to be added in the Futures & Options segment effective February 28
A total of 946 companies, including ONGC, Embassy Office Parks REIT, and Fortis Healthcare are scheduled to announce their December quarter earnings today
Almost 615 companies, including BPCL, Page Industries, Nestle India, and Apollo Hospitals Enterprise, are scheduled to announce their December quarter results today
A total of 295 companies, including BHEL, IDBI, Arvind Fashions, and Greenply, are scheduled to announce their December quarter numbers today
The Dow Jones Industrial Average rose 296.93 points, or 1.05%, at the open to 28,696.74
Appointment of a lead independent director might be a better option than mandating separation of the positions of chairperson and MD/CEO
Chairman of Aditya Birla Group says tensions between nationalism and globalisation will reshape world
Betting on the US was a winning strategy
Steel, iron ore firms gain pricing power, hope for demand revival in base metals
The energy sector was among the biggest gainer on the S&P 500, tracking a rise in oil prices.
(Reuters) - The S&P 500 and Nasdaq indexes edged higher after earlier hitting record peaks on Tuesday while the Dow dipped slightly as President Donald Trump said the United States is close to signing an initial trade deal with China but offered no new details about negotiations.
The Dow Jones Industrial Average rose 86.27 points, or 0.31%, at the open to 27,736.05
Brokerages, online platforms are making foraying into foreign equities easier
(Reuters) - The S&P 500 and the Dow Jones Industrial Average were unchanged on Thursday, but still hovered near record levels as a dour forecast from Cisco offset gains in Walmart after its strong outlook.
Hopes of a trade truce between the United States and China this month fuelled the optimism, with some more details being filled in on what's expected to be a "phase one" agreement.
(Reuters) - Technology stocks propelled the benchmark S&P 500 index to an all-time high, while the Nasdaq hovered below its record level, as a possible U.S.-China trade deal and rising bets on a third rate cut by the Federal Reserve fueled optimism.
NEW YORK (Reuters) - Wall Street extended its sell-off on Friday on renewed trade fears as the benchmark S&P 500 index and Nasdaq saw their worst weekly percentage plunges since December, when investors were spooked by the prospect of a looming recession.