Morgan Stanley Buys Paytm Shares Worth Rs 244 Crore

Financial services major Morgan Stanley on Friday bought shares of Paytm’s parent company One97 Communications for Rs 244 crore through an open market transaction. Morgan Stanley through its affiliate Morgan Stanley Asia (Singapore) Pte – ODI picked up shares of Noida-based Paytm’s parent firm One97 Communications on the National Stock Exchange (NSE). According to the …

Read more

Stock market today: Live updates

Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Tuesday, Jan. 3, 2023. Michael Nagle | Bloomberg | Getty Images Stocks fell Wednesday as Treasury yields tracked higher following the release of stronger-than-expected U.S. economic data. The Dow Jones Industrial Average declined 94.45 points, or 0.25%, to close at …

Read more

Morgan Stanley upgrades India’s rating to overweight, downgrades China

Image Source : REPRESENTATIVE The brokerage downgraded its rating on Chinese stocks During a time of economic recession for countries like America and China, India’s trust in the world seems to be growing. This is evident in the latest report by renowned brokerage firm Morgan Stanley, which has upgraded India’s rating to ‘overweight’. On the …

Read more