Thu, Apr 25, 2024 3:58 PM
European stocks slip as mixed earnings offset M&A cheer
A Flip by Riya Sharma
📌Wall Street's holiday cheer ended abruptly on Friday, with all three main benchmarks closing lower in a broad-based sell-off. 📌Europe's STOXX 600 index clocked its first weekly advance in three on Friday. 📌Overall, market breadth favoured bears as 1,864 stocks ended in the green, while 2,108 names settled in the red.
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The Kerala state government has exempted Kochi Metro Rail Limited from property taxes levied by local self-government institutions, following an application filed by KMRL MD Loknath Behera in September last year, citing the Indian Railways Act and a tripartite agreement that requires the state to exempt or reimburse KMRL from local taxes.
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On Friday, Benchmark indices concluded the trading day on a positive note as Sensex closed at 78,699.07, while Nifty closed up by 0.27% and closed at 23,813.40 level. Market volatility, as indicated by India VIX, declined by 5.70% and is trading at the level of 13.24 reflecting a fall in market volatility. Top 3 price-volume breakout stocks: 📌Greaves Cotton, 📌Finolex Industries, 📌Vakrangee.
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