Wed, Nov 6, 2024 8:29 PM
S&P 500, Dow open at record high as Donald Trump wins US presidency
A Flip by Avya Verma
Trump Media & Technology Group stock (DJT) surged around 20% in early trading on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Ahead of the opening bell, shares had jumped as much as 36% in premarket trading. With a win in Wisconsin, Trump secured the 270 electoral college votes needed to win, according to the Associated Press.
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On November 6, Domestic Institutional Investors (DII) net bought shares worth Rs 4,889 crore. On the other hand, foreign institutional investors (FIIs) net sold shares worth Rs 4,446 crore, provisional data from NSE showed. Indian markets also responded positively on news that former US President Donald Trump will be coming back to power for a second term.
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Food delivery and quick-commerce major Swiggy Ltd's initial public offering (IPO) saw 12% subscription on its opening day on Wednesday (November 6). The share sale received bids for 1,89,80,620 shares out of the 16,01,09,703 shares available, as per NSE data. The retail individual investors (RIIs) segment achieved a 54% subscription.
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