Stock Market Update February 2024
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which company's stock declined on February 3, 2025?

  • UBL
  • Nvidia (correct)
  • Trent
  • SBI
  • Which index closed at above 23,700 points on February 4, 2025?

  • Sensex
  • Dow Jones Industrial Average
  • Nifty (correct)
  • Nasdaq Composite
  • What was the main reason for Nissan's withdrawal from the merger with Honda?

  • Board objections to the $58 billion tie-up (correct)
  • Uber's Q4 net profit exceeding expectations
  • RBI's sovereign bond holdings being treated at par with market direct debt
  • Concerns about the AI industry impacting stock prices
  • What was the percentage increase in Uber's revenue for Q4?

    <p>25% (C)</p> Signup and view all the answers

    Which of the following events occurred on February 3, 2025?

    <p>Uber reported its Q4 net profit (D)</p> Signup and view all the answers

    Flashcards

    Ganesh Rougre's Stock Picks

    Stocks recommended for purchase include Trent, UBL, and SBI for February 3.

    US Stock Market Decline

    On March 2, 2025, US stocks fell due to trade war fears; Dow dropped 1.17%, Nasdaq fell 2.10%.

    Nvidia Stock Issues

    A blogger reported on the collapse of Nvidia's stock, citing problems in the AI industry.

    RBI Sovereign Bonds

    RBI's sovereign bond holdings expected to be treated like direct market debt, switch unlikely in FY26.

    Signup and view all the flashcards

    Indian Equity Performance

    On February 4, 2025, Indian equity indices showed positive performance, Nifty rose 378.20 points to 23,789.25.

    Signup and view all the flashcards

    Study Notes

    Stock Market News

    • Ganesh Rougre recommends buying stocks in Trent, UBL, and SBI on Monday (February 3rd).
    • US stock indexes fell on February 2nd, with the Dow Jones Industrial Average decreasing by 1.17% and the S&P 500 average dropping by 0.62%, as investors reacted to trade war concerns. The Nasdaq Composite fell by 2.10%.

    Nvidia Stock Crash

    • A Brooklyn-based blogger reported on the collapse of Nvidia's stock, which lost nearly $600 billion in market value. The blogger's report highlighted issues in the artificial intelligence industry.

    RBI Sovereign Bonds

    • RBI's sovereign bonds are to be treated at par with market values, but a switch to a different holding structure is unlikely in FY26.

    Indian Stock Market

    • Indian stock markets had a mixed day on February 4th, dipping but showing a positive trend in 6 out of 9 post-budget sessions.
    • Indian equity indices closed above 23,700 on February 4th. The Sensex was up 1.81% to 583.81, and Nifty rose by 1.62% to 17,789.25.

    Brokerage Calls

    • B of A Securities maintains a favorable buy rating on Aditya Birla Capital, with a target of Rs 250.

    Nissan-Honda Merger

    • Nissan is stepping back from the Honda merger, citing board notes that raise concerns about a $58 billion tie-up.

    Uber Q4 Financials

    • Uber's Q4 net profits totaled $68 billion, with revenue growth of 25%. Gross bookings increased by 18% to $44.2 billion, yet their share price fell 3% in pre-market trading.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    Stay informed with the latest stock market updates for February 2024. This quiz covers recommendations on stocks like Trent, UBL, SBI, the impact of the US market on Indian stocks, and crucial developments regarding Nvidia and RBI bonds. Test your knowledge on these hot topics in the stock market.

    More Like This

    Global Market Summary Quiz
    5 questions
    Stock Market
    15 questions

    Stock Market

    AdvancedGreen avatar
    AdvancedGreen
    Use Quizgecko on...
    Browser
    Browser