Skip to main content

Sensex plunges 1,688 pts as new virus variant spooks global markets

A new variant of Covid-19 virus, first found in Botswana which can possibly resist available vaccines, pushed global investors onto the backfoot, that in turn led to a sell-off in risky assets. As a result, investors on Dalal Street too pressed the panic button, leading to a 1,688-point slide in the sensex — the biggest single-session loss in over seven months — which closed at 57,107. In late trades, the index had even entered the sub-57k mark, its first foray in that territory in 3 months.

A new variant of Covid-19 virus, first found in Botswana which can possibly resist available vaccines, pushed global investors onto the backfoot, that in turn led to a sell-off in risky assets. As a result, investors on Dalal Street too pressed the panic button, leading to a 1,688-point slide in the sensex — the biggest single-session loss in over seven months — which closed at 57,107. In late trades, the index had even entered the sub-57k mark, its first foray in that territory in 3 months. from Times of India https://ift.tt/3CXvg9s

Comments

Popular posts from this blog

Airtel-Tata DTH merger talks fail, Airtel informs BSE

Bharti Airtel and Tata Group have called off their discussions to merge Airtel Digital TV and Tata Play due to unresolved issues. The proposed deal, aimed at combining the two loss-making DTH operations, involved a share swap where Airtel would potentially hold a majority stake. Bharti Airtel and Tata Group have called off their discussions to merge Airtel Digital TV and Tata Play due to unresolved issues. The proposed deal, aimed at combining the two loss-making DTH operations, involved a share swap where Airtel would potentially hold a majority stake. from Times of India https://ift.tt/gt5oqs7

'Google is training a model that could run on Apple’s servers', as iPhone maker explores ...

Apple is reportedly in talks with Google to license its Gemini AI model for a future version of Siri, signaling a potential shift in Apple's AI strategy. The company is also evaluating its own AI models and external technologies, including those from Anthropic and OpenAI, as part of a revamped Siri project. Apple is reportedly in talks with Google to license its Gemini AI model for a future version of Siri, signaling a potential shift in Apple's AI strategy. The company is also evaluating its own AI models and external technologies, including those from Anthropic and OpenAI, as part of a revamped Siri project. from Times of India https://ift.tt/UGRQpaF

From 'I love you' to trade talk: What Jerry Jones said about Micah Parsons

Dallas Cowboys traded Micah Parsons to Green Bay Packers. This move frees up 19 million dollars. Cowboys now have 42 million dollars in cap space for 2025. This allows them to sign other players. They can extend contracts of DaRon Bland and Tyler Smith. Jerry Jones mentioned Parsons could bring resources in a trade. Dallas Cowboys traded Micah Parsons to Green Bay Packers. This move frees up 19 million dollars. Cowboys now have 42 million dollars in cap space for 2025. This allows them to sign other players. They can extend contracts of DaRon Bland and Tyler Smith. Jerry Jones mentioned Parsons could bring resources in a trade. from Times of India https://ift.tt/dWALCNq