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Sensex Today | Stock Market LIVE Updates: Hotter-than-expected inflation data sent the Nasdaq to a sharply lower close on Wednesday, with worries about more interest rate hikes from the Federal Reserve pummeling shares of Oracle, CoreWeave and other AI stocks sensitive to higher borrowing costs. The S&P 500 declined 1.11% to end the session at 7,718.94 points, its biggest one-day drop since July 29. The Nasdaq declined 1.88% to 26,692.87 points, its biggest daily drop since July 23. The Dow Jones Industrial Average declined 0.09% to 51,621.48 points.
Nifty50 Today | Jio Platforms files RHP; IPO to open on October 21
Reliance Industries Ltd’s digital services unit Jio Platforms has filed its Red Herring Prospectus (RHP) for its initial public offering, setting the stage for the much-anticipated public issue to open for subscription on October 21 and close on October 23.
The company filed the RHP with the Registrar of Companies, Gujarat, at Ahmedabad, on October 14, according to a regulatory disclosure by Reliance Industries to the BSE and the National Stock Exchange.