Saturday, August 6, 2022

Zomato, Paytm and PB Fintech among 35 BSE500 constituents rallying over 10% this week

Airline operator SpiceJet was the best performing index stock, as it rallied 29.11 per cent for the week to Rs 49.45 a piece and now commands a market value close to Rs 3,000 crore. The stock surge amid news the airline is in talks with a Middle Eastern carrier for a 24 per cent stake sale.

from Economic Times https://ift.tt/wS4f0bm

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...