Latest Updates Around The World
Capital market regulator Sebi has revoked the registration of a licensed research analyst after an investigation found serious deficiencies that allowed his credentials to be misused by an unregistered consultancy firm, exposing investors to losses and misleading claims of guaranteed returns.In an order dated December 12, Sebi canceled the registration certificate of Purooskhan, a Sebi-registered […]
Markets traded dull for the second straight session on Wednesday, ending marginally lower, indicating continued consolidation after the recent surge. Analysts maintain a positive bias amid the ongoing consolidation in the index and continue to recommend a buy-on-dips approach as long as the Nifty maintains its prevailing uptrend.“For renewed momentum, stronger participation from the banking […]
Elon Musk’s net worth has risen to an eye-watering $749 billion – now larger than the combined market capitalization of India’s four largest listed companies: Reliance Industries ($236 billion), HDFC Bank ($184 billion), Bharti Airtel ($142 billion) and Tata Consultancy Services ($132 billion). The dramatic jump came late Friday after a major legal victory restored […]
State Bank of India, the country’s largest lender, is on track for one of the strongest years in recent history. The stock is up 25% so far in 2025, easily outpacing all private sector peers within the Nifty. The performance marks a clear shift in momentum for the bank: after a moderate 5% increase in […]
Indian promoter Whirlpool Mauritius Limited is likely to sell a 7.5% stake, representing 95 million shares in the company, in a block deal. The company has likely set the floor price at Rs 1,030 per share, while the deal is valued at Rs 965 crore.News of a likely stock sale was reported today by CNBC […]
D-Street has witnessed a number of block deals involving top names like Reliance Industries (RIL), HDFC Bank and Apollo Hospitals Enterprises. While Goldman Sachs sold shares in RIL and HDFC Bank, while BofA sold shares in Apollo.Goldman Sachs sold 3.98 lakh shares through its subsidiary Goldman Sachs Bank Europe SE at a price of Rs […]
Bitcoin recovered 4% from its recent low of $89,300 as renewed buying and expectations of a local bottom improved sentiment. Whale portfolios holding more than 1,000 BTC rose to a four-month high of 1,384. The cryptocurrency was trading at $91,775.Bitcoin gained 1.68% in the past 24 hours, while Ethereum rose more than 2%. Major altcoins […]
Shares of Emmvee Photovoltaic Power remained muted after a flat trading on Tuesday, debuting at Rs 217 on both the BSE and NSE – right in line with the issue price. The subdued start did not come as a surprise considering tepid subscription during the three-day offering period and a gray market premium (GMP) falling […]
Global brokerage firm Morgan Stanley has made significant changes to the India Equity Strategy’s focus list for the Asia Pacific region, adding Reliance Industries Ltd (RIL) and Mukesh Ambani-owned Varun Beverages Ltd (VBL) to the list. In addition, the brokerage firm also said that it has removed Interglobe Aviation (IndiGo) and Jubilant Foodworks from its […]
The Indian market ended higher on Monday, with the Sensex and Nifty snapping a six-day winning streak as investors locked in their gains after benchmarks hovered around record highs. The pause followed a rally fueled by optimism about easing global trade tensions and expectations of a recovery in corporate profits. The S&P BSE Sensex fell […]
