Fri, Nov 1, 2024 9:12 PM
Power consumption rises marginally to 140.4 billion units in October
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Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age. The purchase from Ninestar, PAG Asia Capital and Shanghai Shouda Investment Centre will bring Lexmark back to US ownership.
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Taiwan Semiconductor Manufacturing Co. shares reached a record high, poised for its best annual stock performance in 25 years, driven by investor enthusiasm for artificial intelligence trades, with shares up 84% this year, and expected to benefit from Nvidia's presentation at CES 2025 and its upcoming results and guidance.
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📌GIFT Nifty signals a muted start. 📌India VIX, which is a measure of the fear in the markets, fell 10.3% to settle at 13.52 levels. 📌Stocks in Asia traded in tight ranges amid relatively thin holiday trading. 📌FPIs turned net sellers at Rs 168 crore on Monday. 📌DIIs bought shares worth Rs 2228 crore. 📌The rupee depreciated 7 paise and settled for the day at 85.11 against the USD on Monday
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