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
Taiwan Semiconductor Manufacturing Co. shares reached a record high, poised for its best annual stock performance in 25 years, driven by investor enthusiasm for artificial intelligence trades, with shares up 84% this year, and expected to benefit from Nvidia's presentation at CES 2025 and its upcoming results and guidance.
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📌GIFT Nifty signals a muted start. 📌India VIX, which is a measure of the fear in the markets, fell 10.3% to settle at 13.52 levels. 📌Stocks in Asia traded in tight ranges amid relatively thin holiday trading. 📌FPIs turned net sellers at Rs 168 crore on Monday. 📌DIIs bought shares worth Rs 2228 crore. 📌The rupee depreciated 7 paise and settled for the day at 85.11 against the USD on Monday
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The fourth generation of the Muthoot Pappachan Group has joined the company's board, with Tina, Thomas, and Suzannah Muthoot appointed as executive directors in Muthoot Capital Services, Muthoot MicroFin, and Muthoot Housing Finance, respectively, while Ritu and Susan Muthoot joined as non-executive directors, following RBI approval.
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