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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ITC, Godfrey Phillips shares crack up to 8% on New Year’s Day. What’s the bad news?

Tobacco stocks like ITC and Godfrey Phillips saw significant drops on Thursday. This follows the finance ministry's notification of an a...