During January-March, promoter stake pledges increased for 27 Nifty 500 companies, including Aadhar Housing Finance and Max Financial Services. While pledging isn’t inherently alarming, it raises concerns when a company’s fundamentals are weak, potentially amplifying negative impacts if business performance is already questionable.
US stocks today: Nasdaq ends lower with tech slip; investors assess softer jobs data
US markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose