Tue, May 4, 2021 6:22 PM
Xiaomi launching its Redmi Watch, Redmi Note 10S in India on May 13
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Trivesh D., Chief Operating Officer at Tradejini, believes the 2024 general election outcome may not greatly influence the stock market in the short run. However, the long-term impact could be significant. He said if the election outcome is unexpected, it could cause market disruptions, which could be short-lived. In an interview with Mint, Trivesh shared his views on sectors.
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The sell-off in Paytm shares, which commenced in early February, appears to be continuing, as the stock hit a new all-time low of ₹317.15 apiece in today's session as it was locked in the 5% lower circuit limit. The stock's previous all-time low of ₹318 was recorded in mid-February. Today's downturn in One 97 Communications marks the 10th consecutive session of losses for the stock.
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Since the start of 2023, companies that can harness artificial intelligence (AI) have experienced high demand. Symbotic (NASDAQ: SYM) is one such company, providing AI-powered warehouse automation solutions. The stock is up 54% over the past year, but after the company's blowout financial results, one Wall Street analyst believes there's more to come.
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