Mon, Feb 5, 2024 12:35 PM
Asian stocks slump as traders dial back rate cut bets
A Flip by Avya Verma
Donald Trump's appointment of vaccine skeptic Robert F Kennedy Jr as health secretary sparks concerns, causing pharma stocks to plummet, with GSK, AstraZeneca, and Sanofi shares dropping by as much as 4.4% due to Kennedy's anti-vax views and potential impact on vaccine development and public health policies.
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Cred, led by Kunal Shah, is expanding its financial services platform by applying for a stock broking licence, aiming to enter the competitive stock broking space dominated by players like Zerodha and Groww. Cred plans to leverage its affluent user base to cross-sell products and tap into the revenue opportunities from transaction fees and advisory services.
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Penny stock below ₹10: Ashapuri Gold Ornament Ltd saw its share price gain 10% between Monday and and Thursday this week ended 14 November after receiving an order from Titan Company Ltd. The Ashapuri Gold ornament share price ended at ₹9.00 on the BSE on Thursday 14 November marking gains of almost 10 from closing levels of ₹8.20 for Ashapuri Gold Ornaments on Monday.
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