Elon Musk closer to becoming world’s first trillionaire after SpaceX IPO raises $75 billion
The IPO pricing has reportedly increased Musk’s net worth to nearly $970 billion, placing him within reach of the trillion-dollar mark.
The IPO pricing has reportedly increased Musk’s net worth to nearly $970 billion, placing him within reach of the trillion-dollar mark.
Shantanu Narayen steps down from the role of Chief Executive Officer of Adobe after a successor is appointed, but will remain as Chair of the company, the design software firm said in an official statement.
The surge in stock prices in India fueled by the Exit Polls showing a big win for the BJP has carried on to the stocks of Indian companies trading in the US.
Foreign portfolio investors (FPIs) have sold assets worth about Rs 15,828 crore in Indian stock markets so far in 2023
A substantial reduction in both retail and wholesale inflation in the nation prevented the indices from falling much, though.
Meanwhile, the rupee has retreated from its all-time low of over 83 against the US dollar.
Paytm, Starhealth and Ambuja Cements. The laggards were Bajaj Finance, Adani Ports, Asian Paints and HDFC Bank on the 30-share index.
Maruti, Bharti Airtel, Reliance, Titan, Ultra Cement, HUL and Tata Steel whereas IndusInd Bank, Wipro, Infosys, Asian Paints, Mahindra, HDFC, NTPC, Kotak Bank, SBI were among the laggards on the 30-share index.
Sensex traded at 57,253.40 points, down 845.52 points or 1.46 per cent, whereas Nifty traded at 17,043.90 points, down 283.45 points or 1.64 per cent.
At 9.21 am, Sensex traded at 59,705.32, down just 14.42 points or 0.024 per cent, whereas Nifty traded at 17,812.85 points, down 3.40 points or 0.019 per cent.
