why are tech stocks down today in india
3 2021 0333 PM. While tech stocks had been leading the way down tuesdays drop is characterized by more general weakness with almost 90 of sp 500 components trading lower according.
Sensex Nifty Log Losses For Second Day In A Row
The problems from Snap are found in its earnings report for the third quarter of 2022.
. Today popular tech stocks such as Adobe NASDAQ. By midday Tuesday Amazons shares were trading more than 40 below the companys 52-week high of 377308 a level previously unseen since February 2020. Chinese stocks fell as the government doubled down on lockdowns following its recent party congress.
While the companys EPS of 8 cents did beat out Wall Streets breakeven estimate. Why Are Tech Stocks Down Today. GOOG starts off the bad news for tech stocks today with its earnings report.
Big tech stocks arent doing so hot on Friday and it looks like traders have Snap NYSESNAP to blameThe problems from Snap are found in its earnings. Infosys was the top Sensex loser today falling 5 to Rs. Why Are Stocks Down Today.
Why Infosys Tech Mahindra TCS Wipro and other IT sector stocks fell amid the greatest bull run of Indian market. Many market sectors are still beaten-down and trade at. Long bond yields have continued higher in response to.
Tech stocks are only attractive if the rest of the market is. META stock is down 22 today. Heres a quick breakdown of how these tech stocks are performing as of Thursday morning.
According to Rachit Chawla CEO Finway FSC the US market has more than 50 per cent exposure and contributes a lions share of revenues for the Indian tech companies. One of the key drivers of todays price action among tech stocks is bond yields. 2 days agoFor tech stocks that would be a further 25 percent drop.
The company reported earnings per share of 106 on. The Nifty IT index has fallen more than 8 per cent in a week. The stock market has certainly taken a turn for the worse.
And electronic vaping company RLX Technology RLX-230 were. IT stocks have been under pressure so far in 2022 and March quarter results only extended the selling pressure. Stocks fall Nasdaq drops nearly 25 as tech sector stumbles.
GOOGL shares are falling 17 as of this writing. InvestorPlace - Stock Market News Stock Advice Trading Tips.
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Sensex Nifty Log Losses For Second Day In A Row
Sensex Nifty Log Losses For Second Day In A Row
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