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The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and viewed cooling inflation data as a harbinger of easing Federal Reserve monetary policy.
#NIFTY50 yesterday ended 36 points up to form a small green candle with a long lower shadow on the daily charts while trying to cross the immediate resistance of 20,115 on the expiry day.
Stocks in news: UltraTech, Thomas Cook, LTIMindtree, Kesoram Industries, Wipro
The offer for sale of shares by promoter Fairbridge Capital in Thomas Cook (India) Ltd received overwhelming response from institutional investors, following which, it has decided to use the greenshoe option to sell additional shares.
The Economic Times
Stocks in news: UltraTech, Thomas Cook, LTIMindtree, Kesoram Industries, Wipro
U.S. stocks edged lower on Wednesday as a robust upward GDP revision eased recession fears, while Federal Reserve officials' remarks raised questions about the duration of the central bank's restrictive policy.