Traders usually hold on to their bets overnight when they are more certain that there wouldn’t be an event after market hours that could backfire. Though shares of Adani Group companies have fallen on most days since January 24, making them ideal targets for short sellers, the confidence to hold Continue Reading
Reseñas
Budget provides buffer from global challenges: Parameswaran Iyer
“With a continued focus on good governance, the budget aims to simplify systems with the help of initiatives such as Jan Vishwas Bill, which will enhance the reforms already taken under the Ease of Doing Business. More than 39,000 compliances have been removed and over 3,400 legal provisions decriminalised,” Iyer Continue Reading
Regulators should be on their toes to keep market stable, Adani issue a company specific matter: FM Nirmala Sitharaman
Adani Group stocks are witnessing a meltdown on the bourses after the US-based short-seller Hindenburg Research made a litany of allegations in a report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.
10 stocks that saw most target price upgrades after Q3 results
After the Q3 results, a host of brokerages have upgraded the target price on a number of counters. These stocks belong to various sectors such as banking, leisure and hospitality, FMCG, IT and more. According to Trendlyne data, HDFC Bank, Federal Bank, HUL, TCS and Infosys have the most number Continue Reading
What changes for gold and silver investors after the Budget hiked import duty on precious metals
Gold is highly taxed in India. Being the second largest imported commodity, the metal heavily increases our import bill. This causes a widening of our Current Account Deficit as well. To tackle the deficit, the government has increased the basic customs duty on gold over years to manage the flow Continue Reading
RBI to continue or hit the pause button on rate hike?
RBI is expected to pause the rate hiking cycle in the February meeting and will maintain the repo rate at 6.25 per cent for extended period. It might also change the policy stance to neutral.
Bitcoin resurgence brings back old phenomenon of wild weekends
That Bitcoin posts large moves is nothing new. But the token, like all other cryptocurrencies, trades around the clock, every day of the week, counter to most other assets, which tend to trade Monday through Friday on regulated exchanges. And it’s been seen in crypto markets in the past, with Continue Reading
US emerges as India’s top destination for goods exports during April-Dec 2022
According to the data provided by the Commerce and Industry Minister Piyush Goyal, the US was followed by UAE (USD 23.31 billion); Netherlands (USD 14.1 billion); China (USD 11 billion); Singapore and Bangladesh (about USD 9 billion each).
Surveillance measures in place: SEBI on crash in Adani stocks
”As part of its mandate, SEBI seeks to maintain orderly and efficient functioning of the market and has put in place a set of well defined, publicly available surveillance measures (including the ASM framework) to address excessive volatility in specific stocks. This mechanism gets automatically triggered under certain conditions of Continue Reading
Budget’s objective was to keep the growth momentum alive: Nirmala Sitharaman
The prime minister has a lot of involvement every year in every Budget and the planning that is done by the finance ministry is interacted with the PM at least three-four times. Intensive interaction is done to explain as to what will be the impact, of that in India’s economy. Continue Reading