Big News: Sensex Hits 50,000 for the first time
Thu, Jan 21, 2021 9:40 AM

Big News: Sensex Hits 50,000 for the first time

A Flip by Flipitnews
Get it on Google Play
Indian stock market benchmark Sensex today scaled new highs, hitting 50,000 for the first time. Sensex was up 0.5% to 50,050. From its March lows of 25638, Sensex has nearly doubled in value in about 10 months. Nifty also rose to a new high and was also firm over 14,700. The rally in stock markets has been triggered by the massive liquidity injection by the central banks.

More great flips

Why Vincerx Pharma (VINC) Stock Is Falling

Why Vincerx Pharma (VINC) Stock Is Falling

Vincerx Pharma Inc VINC shares are trading lower by 9.7% to $0.81 during Friday’s session after the company priced an underwritten public offering, including 6 million shares of common stock with accompanying warrants to purchase the same number of shares, and pre-funded warrants for up to 16 million shares with accompanying warrants.

Open Flip
Why Is HCA Healthcare Stock Trading Lower On Friday?

Why Is HCA Healthcare Stock Trading Lower On Friday?

HCA Healthcare Inc HCA reported on Friday its first-quarter revenues of $17.34 billion, up from $15.59 billion a year ago, beating the consensus of $16.78 billion. The hospital chain reported adjusted EPS of $5.36, up from $4.93 a year ago, beating the consensus of $5.36. “The strong fundamentals we saw in our business this past year continued into the first quarter of 2024."

Open Flip
Why ResMed Stock Is Soaring Today

Why ResMed Stock Is Soaring Today

Shares of ResMed (NYSE: RMD) had soared 16.2% higher as of 11:50 a.m. ET on Friday. The big jump came after the healthcare technology company reported results on Thursday evening for its fiscal 2024 third quarter, which ended March 31.For the quarter, ResMed reported revenue of $1.2 billion, up 7% year over year, and earnings per share of $2.04, based on generally accepted accounting principles.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon