ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 370728.34 Crore). from Stocks-Markets-Economic Times https://ift.tt/36ukDh3
Funds in their coverage sold long positions and covered shorts in every sector," the investment bank wrote in a note late Friday. from Stocks-Markets-Economic Times https://ift.tt/2NU1IWo
The experience of this manager and a handful of others interviewed by Reuters over the last days, who all requested anonymity for fear of personal threats from retail investors, is a keyhole into a week of losses on Wall Street they say was far worse for them than last year's historic pandemic sparked sell-off. from Stocks-Markets-Economic Times https://ift.tt/2NU1Ghe
Some of Wall Street's largest hedge funds are still licking their wounds after retail traders sought to drive up the prices of stocks that were heavily bet against, resulting in large losses for major investors. from Stocks-Markets-Economic Times https://ift.tt/3j6OX68
MSCI's broadest index of Asia-Pacific shares outside Japan recouped early losses to rise 0.7%, bouncing after four straight sessions of losses. from Stocks-Markets-Economic Times https://ift.tt/3ajePI8
Sun Pharma reported its highest-ever quarterly sales, and Cipla posted the highest-ever Ebitda margin in the company's recent history. Lupin's Ebitda margin improved for the fourth consecutive quarter. from Stocks-Markets-Economic Times https://ift.tt/39AJ3qR
Asian shares rose on Monday, shrugging off a selloff in US stocks on Friday. Stocks jumped despite worries that problems with vaccine rollouts combined with new strains of COVID-19 will delay a global economic recovery. from Stocks-Markets-Economic Times https://ift.tt/3agB6q2
It has been billed as a Budget like never before, triggering expectations that the government will open the purse strings to nurse the Covid-hit economy back onto a robust growth trajectory with a massive fiscal push. from Stocks-Markets-Economic Times https://ift.tt/3oDgLAp
As it happens ahead of every Budget, this time too market players are keeping their fingers crossed. The FM had said earlier that this fiscal event would be unlike anything that was seen in a century. from Stocks-Markets-Economic Times https://ift.tt/2MEEPFU
MRPL, Mastek, Subex, Reliance Infra, Reliance Capital and Rane Brake Lining are among major companies which will announce their December quarter results today. from Stocks-Markets-Economic Times https://ift.tt/3oBhwtF
For starters, remember the budget is really a statement of GoI’s receipts and expenditure for the current year, and an estimate of receipts and expenditure for the next fiscal. It is not a magic wand that can dramatically set all our economic ills right. Two, it is the budget of the Union government. from Stocks-Markets-Economic Times https://ift.tt/3pAQgwF
Technical analysts said the Nifty, which closed down 1.3% at 13,634.60, is expected to face resistance at 13,800 and head to 14,000-14,200 if that level is crossed. If the index breaks below 13,400-13,500, it may head down to 13,100-13,300, they said. from Stocks-Markets-Economic Times https://ift.tt/3aniKUi
One Facebook post juxtaposes glamorous photographs from Saudi Arabia and the UAE with the ruins of Arab countries where Iran’s proxies wield influence, such as Syria and Iraq. from Sydney Morning Herald - World https://ift.tt/3ap6PoS
In 2018, it declined 6 per cent in the month while the loss in the benchmark index in 2019 over a similar period was 7 per cent. Last year, the Sensex fell 4 per cent in the month after the budget. from Stocks-Markets-Economic Times https://ift.tt/3pB2qpt
Myanmar leader Aung San Suu Kyi and other senior figures from the ruling party have been detained in an early morning raid, amid escalating tension between the civilian government and the military. from Sydney Morning Herald - World https://ift.tt/3cu32ts
The digital coin is down 46% in the last 24 hours and was at $0.02582 as of 4:35 p.m. in New York on Saturday, according to CoinMarketCap data. from Stocks-Markets-Economic Times https://ift.tt/3j4xmvD
Just why were the institutional pros forced to downsize their market exposures at the fastest pace since pandemic-spurred March rout? from Stocks-Markets-Economic Times https://ift.tt/3ahiE0p
Shares of GameStop have become the hottest topic in global financial markets after some retail traders, part of a Reddit group called ‘WallStreetBets’, organised a concerted buying that triggered a large-scale short squeeze. from Stocks-Markets-Economic Times https://ift.tt/3crvewT
Before reducing the pace of those purchases, Kaplan said, he would want to see “evidence that we’ve weathered the pandemic,” including a decline in Covid-19 cases and hospitalisations. from Stocks-Markets-Economic Times https://ift.tt/36sz2Kv
Only ICICI Bank managed to witness addition in its market valuation the holiday-truncated last week. Its valuation rose by Rs 2,397.43 crore to Rs 3,70,773.35 crore. from Stocks-Markets-Economic Times https://ift.tt/39wk87Q
Critics have emerged, accusing social media users of manipulating markets unlawfully by pumping shares of weak companies. from Stocks-Markets-Economic Times https://ift.tt/2MhnmDm
The small investors, connected on social media, mobilized to take on institutional short sellers of GameStop and other shares, sparking a short squeeze that sent those stock prices surging. from Stocks-Markets-Economic Times https://ift.tt/39D1onv
The team members were seen walking through sections of the Baishazhou market — one of the largest wet markets in Wuhan — surrounded by a large entourage of Chinese officials and representatives. from Sydney Morning Herald - World https://ift.tt/2Ys6qg0
Political tension in the south-east Asian nation soared this week after a spokesman for the military said a coup could not be ruled out if military complaints of widespread voting fraud in last November’s election were ignored. from Sydney Morning Herald - World https://ift.tt/36rWFms
Rubenstein said the lack of competition in the private equity space in India makes the country more attractive. from Stocks-Markets-Economic Times https://ift.tt/3r7Nwax
Thousands of Hong Kongers have already arrived in Britain to take up new citizenship rights, driving estimates that hundreds of thousands might eventually flee China’s rule. from Sydney Morning Herald - World https://ift.tt/39xWJmq
The Union Budget and its announcement will remain the biggest focus point for the market as investors hope that the government will deliver a pro-cyclical stimulus to further strengthen the ongoing economic recovery. from Stocks-Markets-Economic Times https://ift.tt/3r7jtQl
Former President Donald Trump has parted ways with his lead impeachment lawyers, raising doubts about the strategy of his defence team. from Sydney Morning Herald - World https://ift.tt/3aifeuj
President Emmanuel Macron defended his decision to hold off on a third lockdown, telling the public he had faith in their ability to rein in COVID-19 with less severe curbs from Sydney Morning Herald - World https://ift.tt/3cqw2SP
Kremlin critic Alexey Navalny and his anti-corruption foundation have alleged the opulent mansion belonged to President Vladimir Putin. from Sydney Morning Herald - World https://ift.tt/2MG2ohz
EU officials confessed on Saturday to a “blunder” in invoking Northern Ireland Brexit emergency powers during a showdown with Britain over vaccines. from Sydney Morning Herald - World https://ift.tt/2MiTiHE
The 10 year old is an unlikely beneficiary of the GameStop craze, making more than 5000 per cent on a share gift. from Sydney Morning Herald - World https://ift.tt/2YspH0H
Analysts had expected the company to report a net profit of Rs. 535.4 crore on an estimated revenue of Rs. 3,245.6 crore. from Stocks-Markets-Economic Times https://ift.tt/2MyTqCC
GameStop shares closed up 400 per cent for the week after the video game chain's stock became a battleground between retail traders and Wall Street professionals, a tussle that captivated investors the world over. from Stocks-Markets-Economic Times https://ift.tt/3oAtKmi
The sector has witnessed positive sentiment among home buyers, not only from end-user perspective but also from long-term investors. from Stocks-Markets-Economic Times https://ift.tt/39sHATv
Understandably, equity markets have become jittery ahead of the Budget, as even a small tinkering with the taxes, especially any increase in capital gains, or even personal income-tax, will be a negative surprise for the market. from Stocks-Markets-Economic Times https://ift.tt/2NO83CK
Robinhood's fee-free and simple-to-use app has made it popular with a new generation of small-time traders and its restrictions on Thursday drew a heavy backlash from high-profile politicians and celebrities. from Stocks-Markets-Economic Times https://ift.tt/36rsZpr
Applying such a low discount rate to the stream of future earnings of a company to determine its current value leads to the impression that high price-to-earning ratios are perfectly rational. from Stocks-Markets-Economic Times https://ift.tt/39yckSY
After contracting sharply in the first half of 2020-21, India’s GDP is expected to bounce back in the third and fourth quarters. While several sectors of the economy have showed signs of revival, most other still remain adversely affected and are yet to get back on their feet. from Stocks-Markets-Economic Times https://ift.tt/3ckOgFf
Jake Sullivan says returning to the 2015 Iran nuclear deal was a priority for the new Biden administration. from Sydney Morning Herald - World https://ift.tt/3cpm6sM
As the market is light now, a blockbuster Budget might re-ignite the animal spirits on the bourses and revive the buoyancy. However, if the Budget isn’t well received by D-Street, then the bruises will also be sharp, as volumes are currently low due tough margin requirements. from Stocks-Markets-Economic Times https://ift.tt/3iYRcsp
The Survey seems to indicate that the government can stay with higher fiscal deficit to push growth. It suggests that growth leads to debt sustainability in the Indian context. from Stocks-Markets-Economic Times https://ift.tt/2M7OhBL
Industry watchers said the government’s definition of ‘private’ could imply that any digital currency that is not sovereign could be seen as a ‘private’ currency, including Bitcoin. from Stocks-Markets-Economic Times https://ift.tt/3ahZjfv
The biggest casualty came Friday, when Andrew Left’s Citron Research said it will discontinue offering short-selling analysis after 20 years of providing the service. from Stocks-Markets-Economic Times https://ift.tt/2L64K90
"For reasons we never believed earlier but quite evident today, this battle is about ownership of the Indian customer at any cost. The stated and evident policy of vexatious litigation and harassment makes one wonder about the similarity in ruthless ambition to scorch the earth akin to the Greek Alexander - after all, they are inspired to name their product as Alexa," he wrote adding that Alexander conquered large parts of the world but failed in India. from Stocks-Markets-Economic Times https://ift.tt/3r2UBsN
A US official, speaking on condition of anonymity, said the Chinese aircraft did not come within 460 km of the US Navy vessels. from Sydney Morning Herald - World https://ift.tt/3pBUGDC
Analysts see parallels between what’s taking place on Wall Street and the streak of populism that powered Donald Trump’s rise to political power. from Sydney Morning Herald - World https://ift.tt/3r5HOWM