Thu, Feb 18, 2021 5:47 AM
SoftBank stock sets new record in throwback to dot-com boom
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Today, the shares of Britannia Industries Limited zoomed by 2.16 per cent. Furthermore, the scrip witnessed a spurt in volume by more than 2.23 times. The company's current market capitalization standing at 1,24,554.20 crore. On Tuesday, the stock opened at Rs 5065.60, with the previous closing being Rs 5061.60. The 52-week high and low are Rs 5,386.25 and Rs 4,349.95, respectively as per BSE.
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U.S. stock indexes opened slightly higher on Tuesday, with the S&P 500 and Nasdaq extending gains for a fourth straight session, buoyed by expectations that the Federal Reserve will ease monetary policy this year. The Dow Jones Industrial Average rose 6.7 points, or 0.02%, at the open to 38858.94. The S&P 500 rose 6.5 points, or 0.12%, at the open to 5187.2.
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Billionaire investor and wealth manager Stanley Druckenmiller has pared his holding in chip manufacturing giant Nvidia in March, noting in an interview with CNBC's show Squawk Box that the run up may have been overdone.“We did cut that and a lot of other positions in late March. I just need a break. We’ve had a hell of a run. A lot of what we recognized has become recognized by the marketplace.
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