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NSE:TVSMOTOR 22 January 2026

Ola Electric CFO quits, Deepak Rastogi steps in as shares slide again

Ola Electric CFO quits, Deepak Rastogi steps in as shares slide again

Shares of Ola Electric Mobility tumbled sharply this week after the company announced CFO Harish Abichandani had resigned, with Deepak Rastogi stepping into the role. The stock plunged as much as 8.2%, hitting ₹32.80 on Tuesday, before settling around a 7.5% loss by early afternoon. https://upstox.com/news/market-news/stocks/ola-electric-mobility-shares-slump-over-8-after-its-cfo-resigns-all-you-need-to-know/article-188046/ The CFO departure comes amid rising tension. Ola’s shares have been slipping for several days, and losing a top executive usually rattles investors even more when nerves are already frayed.

Stock Market Today

  • U.S. Jobs Report Miss Fuels Hopes Fed Holds Rates; Stocks Trim Early Gains
    July 2, 2026, 4:15 PM EDT. U.S. jobs data for June came in softer than expected, with growth slowing and earlier months revised down. The numbers point to a cooler labor market and helped ease fears of the Fed getting more aggressive on inflation. Stocks pushed higher at first after the report but later pulled back, with the dollar also losing ground. Traders cut odds for a Fed rate hike by September, giving a lift to tech and other rate-sensitive shares. Some analysts say it's still too soon to call a trend, but the report gives the Fed more breathing room before moving on rates. A softer outlook on policy tends to support equities, especially in tech.
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