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The Indian market was closed on Wednesday, December 25 on account of the Christmas holiday, while on Tuesday, Indian benchmark indices ended marginally lower, as losses in heavyweight financial and IT stocks offset gains in consumer and auto stocks. With the holiday-truncated week lacking major triggers, analysts expect range bound moves for the benchmark indices […]
Wednesday before markets open, Nio (NYSE:NIO) plans to reveal its Q3 results. With revenue forecasts expected to jump 1.5% YOY to $2.65 billion, Wall Street analysts project an adjusted loss of $0.31 per share. Operating in a very competitive Chinese EV industry, the Shanghai-based electric vehicle (EV) manufacturer, which hasn’t turned a profit, is growing […]