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At the same time, several hedge funds added to financial, energy and consumer companies. Third Point added a new position in Carvana Co and Uber Technologies Inc, while Epoch Investment Partners added new positions in energy firms such as Exxon Mobil Corp, Pioneer Natural Resources Co and Diamondback Energy Inc.
Stocks in the news: Maruti Suzuki, Axis Bank, L&T, RBL Bank, Vodafone Idea and YES BankL&T posted a 45 per cent decline in consolidated net profit to Rs 1,410.29 crore for the quarter ended September, hit by the COVID-19 pandemic
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… Read MoreSGX Nifty down 70 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 72 points, or 0.61 per cent, lower at 11,660.50, in signs that Dalal Street was headed for a negative start on Thursday.
from Stocks-Markets-Economic Times https://ift.tt/2J9dRU… Read MoreAsia's Covid control tempers global stock selloff, U.S. futures jumpS&P 500 futures and Dow futures rebounded 1%, which traders attributed to heightened volatility and to the less gloomy mood around Asia as China's economy builds up steam.
from Stocks-Markets-Economic Times https://ift.t… Read MoreWall Street sinks 3%, Dow at late July lows as pandemic surgesShares of hotels, airlines and other leisure-related companies sensitive to COVID-19-related turmoil sank, with the S&P 1500 airlines index falling 4.3%. The energy index slid 4.2% as oil prices tumbled on fears of a deep… Read MoreMaruti Suzuki Q2 earnings preview: Firm may deliver double-digit profit growth, solid margin in Q2HDFC Securities said any comment on demand trends, particularly in that of the entry-level cars segment, and new product launch timelines would be watched keenly.
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