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NSE:ATGL 11 March 2026

India Stock Market Today: Nifty 50 Closes Below 23,900, Sensex Slides 1.7% as Oil Volatility Hits Banks

India Stock Market Today: Nifty 50 Closes Below 23,900, Sensex Slides 1.7% as Oil Volatility Hits Banks

India’s Nifty 50 fell 1.63% to 23,866.85 and the Sensex dropped 1.72% to 76,863.71 on Wednesday as oil prices surged and Middle East tensions deepened. Twelve of 16 major sectors declined, with HDFC Bank down 1.8% and Reliance Industries off 1.3%. The rupee weakened to 92.04 per dollar. Adani Total Gas jumped 20% after emergency gas measures were invoked.
11 March 2026
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Stock Market Today

  • Hedge Fund Appaloosa Sells Off Major Airline Stocks Amid Rising Fuel Costs
    May 15, 2026, 6:12 PM EDT. Hedge fund Appaloosa Capital has sold its entire stakes in the 'big three' U.S. airlines: Delta Air Lines, American Airlines, and United Airlines. This move comes as the airline industry contends with soaring fuel costs, a key expense that can erode profit margins. Instead, Appaloosa increased holdings in tech and transportation companies Amazon and Uber. The shift signals the hedge fund's reduced confidence in the airline sector's short-term outlook amid cost pressures, favoring firms poised for growth in e-commerce and ride-sharing markets.

Latest articles

Tonix Pharma Stock Gains After Antibody News, 2027 Lyme Trial Planned

Tonix Pharma Stock Gains After Antibody News, 2027 Lyme Trial Planned

15 May 2026
Tonix Pharmaceuticals filed new Phase 1 modeling data showing its experimental Lyme disease antibody, TNX-4800, could maintain serum levels above a proposed protective threshold for six months with a two-dose regimen. Shares rose $1.65 to $15.74 Friday. The company plans a Phase 2 trial in 2027, pending FDA agreement. No Lyme vaccine is currently available in the U.S.
AXT delays annual meeting to June after AI-driven stock jump

AXT delays annual meeting to June after AI-driven stock jump

15 May 2026
AXT adjourned its 2026 annual meeting after failing to reach a quorum, rescheduling for June 4. The company seeks shareholder approval to raise authorized common shares to 120 million from 70 million. Shares closed at $123.78, up 7.65%, after a volatile session. China’s export controls on indium phosphide remain a key risk for AXT’s business.
Hyperscale Data moves higher after $5M tender, all eyes on 10-Q

Hyperscale Data moves higher after $5M tender, all eyes on 10-Q

15 May 2026
Hyperscale Data plans a tender offer to buy up to $5 million of Class A shares at $0.21 each, above the last GPUS trade at $0.146. The company reported a preliminary first-quarter net loss of about $30 million on revenue of $44 million and filed a late notice for its Form 10-Q. The offer is pending board and regulatory approval.
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