Dow Jones

June 25, 2024 3:11 PM

Global Markets – European stocks fall as Nvidia slump hits tech sector

European stocks fell on Tuesday after a 7% drop in chipmaker Nvidia dragged down U.S. tech companies on Monday, in a sign of nervousness about the artificial intelligence boom. Stock markets remained close to record highs, however, as investors shifted into less flashy names. Bond yields cooled and Japan's yen stayed under pressure. Investors' attention is being pulled in multiple directions, with snap elections in France starting at the weekend; the first U.S. Presidential debate on Thursday;...

Nifty, Sensex dip in early trade

Indian benchmark indices started Friday's trading session on a muted note, influenced by global cues. The Nifty 50 index declined by 29 points to 22,374.20 in the early trade while the BSE Sensex lost 149 points to 73,548 at the time of filing this report. Ajay Bagga, Banking and Market Expert, said "Selling by FIIs moderated on Thursday. As and when FIIs liquidate their huge short positions in the derivatives markets, the Indian indices will witness an upsurge". Mahindra & Mahindra surged...