According to block deal data on the NSE, Alibaba.com sold 19.2 million shares at ₹536.95 apiece. While Morgan Stanley Asia bought 5.5 million shares, Ghisallo Master Fund acquired 4.98 million shares. The rest of the buyers were not known.
The Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle East crisis. Intel
Archer Aviation shares surged after agreeing to acquire Boeing’s Wisk Aero and two other units. This strategic acquisition grants Archer access to Boeing’s autonomous-flight technology
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