Here is a collection of the most important stories this morning:
Sensex, Nifty fall as selloff continues; analysts expect volatility to persist
Equity benchmarks, Sensex and Nifty, traded down on March 19 morning amid selling across the board. Equity experts expect volatility in the near-term as investors navigate valuations concerns in broader markets and await the US Federal Reserve's monetary policy outcome. More here.
TCS stocks falls 2% after 2.2 crore shares change hands
Shares of Tata Consultancy Services (TCS) fell over 2 percent on March 19 as 2.02 crore shares, or 0.6 percent equity, changed hands at an average price of Rs 4,043 per share. Details here.
Popular Vehicles and Services disappoints, lists at 2% discount to issue price
Popular Vehicles and Services listed at Rs 289 on the NSE, a discount of 2 percent to the issue price of Rs 295. The weak debut was in line with analyst estimates who had expected the scrip to list with little-to-no gains. Read more.
Meesho churn continues as CXO Harsh Chaudhary departs to join Flipkart
Harsh Chaudhary, former CXO of monetisation at Meesho, a low-price e-commerce platform, has quit the firm to join Flipkart, which directly competes with Meesho. Chaudhary has moved on after spending two years at the firm. Full report here.
Bank of Japan scraps negative interest rate
Japan's central bank on Tuesday on Tuesday its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programmes. Read here.
Nvidia unveils successor to its all-conquering AI processor
Nvidia Corp Chief Executive Officer Jensen Huang showed off new chips aimed at extending his company’s dominance of artificial intelligence computing, a position that’s already made it the world’s third-most-valuable business. All you need to know, here.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
