19 Mar , 2024 By : Debdeep Gupta
Here is a collection of the most important stories this morning:
Sensex, Nifty fall as selloff continues; analysts expect volatility to persist
Equity benchmarks, Sensex and Nifty, traded down on March 19 morning amid selling across the board. Equity experts expect volatility in the near term as investors navigate valuation concerns in broader markets and await the US Federal Reserve's monetary policy outcome. More here.
TCS stocks fall 2?ter 2.2 crore shares change hands
Shares of Tata Consultancy Services (TCS) fell over 2 percent on March 19 as 2.02 crore shares, or 0.6 percent equity, changed hands at an average price of Rs 4,043 per share.
Popular Vehicles and Services disappoints, lists at 2% discount to issue price
Popular Vehicles and Services are listed at Rs 289 on the NSE, a discount of 2 percent to the issue price of Rs 295. The weak debut was in line with analyst estimates who had expected the scrip to list with little-to-no gains
Meesho churn continues as CXO Harsh Chaudhary departs to join Flipkart
Harsh Chaudhary, former CXO of monetization at Meesho, a low-price e-commerce platform, has quit the firm to join Flipkart, which directly competes with Meesho. Chaudhary has moved on after spending two years at the firm.
Bank of Japan scraps negative interest rate
Japan's central bank on Tuesday on Tuesday its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programs.
Nvidia unveils successor to its all-conquering AI processor
Nvidia Corp Chief Executive Officer Jensen Huang showed off new chips aimed at extending his company’s dominance of artificial intelligence computing, a position that’s already made it the world’s third-most-valuable business. All you need to know
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