U.S. stocks ended with modest losses on Wednesday after the Federal Reserve cut interest rates by 50 basis points, the first reduction in over four years. The Dow, S&P 500, and Nasdaq all experienced intraday highs before closing lower. Small cap stocks and regional banks saw gains, while trading remained choppy throughout the day.
L&T, 6 others pick 8.03% stake in Cube Highways Trust for Rs 1,243 crore
The company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6