The Nasdaq climbed to a new record high this year as investors piled into growth stocks, particularly those in the area of AI. This confirmed that the index was in a bull market, an investing environment favoring growth companies. And this momentum may just be getting started for two reasons. This year, the Nasdaq has pared its earlier increase and is now up about 4.5% year to date.
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U.S. equity futures moved firmly lower Thursday, while the dollar held steady against its global peers, as investors counted the cost of a big slump in Meta Platforms ahead of another round of Big Tech earnings while eyeing two key data releases prior to the opening bell. Meta (META) is likely to be the biggest driver of market action at the open.
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From Rs 0.04 to Rs 1.91 per cent, the stock gave multibagger returns of 4,675 per cent in 3 years. Today, shares of Standard Capital Markets Limited plunged 1.04 per cent to Rs 1.91 per share from its previous closing of Rs 1.93 with an intraday high of Rs 1.93 and an intraday low of Rs 1.86. The stock’s 52-week is Rs 3.52 and its 52-week low is Rs 1.15.
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