Tag Archives: slump

Dow logs record, but tech slump caps gains for broader market

The Dow industrials finished at an all-time high on Monday, but the broader market’s gains were hobbled by losses in the technology sector. The Dow Jones Industrial Average DJIA, +0.41% gained 60.81 points, or 0.3%, to close at 21,891.12, pulling back from its best levels after hitting an intraday record earlier in the session at 21,929.80. The S&P 500 index SPX, +0.25% declined 1.80 points, or ... Read More »

Idea, Airtel Shares Slump Amid Allegations Of Rs 45,000 Crore Telecom Scam

Shares of mobile operators fell sharply on Friday, following the Congress party’s allegation about a staggering Rs 45,000-crore telecom scam. Congress spokesperson Randeep Surjewala on Thursday alleged that the government is “surreptitiously taking steps to protect the interests of six leading telecom companies by helping them avoid the payment of charges rightfully owed to the government.” The telecom companies named ... Read More »

HCL Tech Underperforms Its 3 larger IT competitors, stocks slump

Noida-primarily based HCL Tech missed sales increase and profit estimates in its 0.33 region extra From market Biocon Hits fifty two-Week excessive On fantastic Trial results Of cancer Drug Bharti Airtel shares Tumble As Reliance Jio Gears Up For launch Excel Crop Care Hits 52-Week excessive On Sumitomo Chemical’s Open offer Adani institution shares Fall, Adani Ports Leads Losses Sensex ... Read More »