Wednesday, December 6, 2023

'Buy on rumour, sell on news' in play? Network18, TV18 stocks plunge post merger news

TV18 Broadcast and e-Eighteen.com Ltd will be merged with Network18, the companies said through separate exchange filings. Following this, shares of both companies plunged in trade on Thursday.

from Economic Times https://ift.tt/ZSyo9Vp

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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 ...