Latest news about stock market
Are you looking to invest in the Indian stock market for short-term gains? Here’s a breakdown of three promising stocks recommended by Rupak De, Senior Technical Analyst at LKP Securities. Let’s dive into the analysis to understand why Indian Hotels, GAIL, and Jamna Auto are worth considering. Indian Hotels: Buy Price: Around ₹590-595 Target: ₹640 … Read more
The Reserve Bank of India (RBI) has slammed the brakes on Paytm Payments Bank. Starting March 1, 2024, they’re not allowed to accept any more deposits or credits. Why? Well, there’s been a history of rule-breaking and big concerns discovered in their audits. What does this mean for Paytm users? You can still use or … Read more
India’s stock market has made history by surpassing Hong Kong’s for the first time, securing the fourth position globally. The total value of shares on Indian exchanges is now $4.33 trillion, edging past Hong Kong’s $4.29 trillion. This achievement reflects India’s appeal to investors, driven by its growth prospects and policy reforms. Generated by Embed … Read more
In a financial rollercoaster, Sensex just smashed through 73,000, and Nifty soared past 22,000, both setting new all-time highs. Power Players Leading the Charge: Reliance and IT Giants Steal the Show The surge was no small feat, majorly powered by big shots like Reliance Industries Limited (RIL), Infosys, and TCS, taking the indices to unprecedented … Read more
In a recent business development, Tata Consumer Products Limited (TCPL), a prominent entity within the Tata Group, has successfully completed the acquisition of Capital Foods. This strategic move adds a new dimension to TCPL’s diverse portfolio, showcasing the group’s commitment to expansion through strategic acquisitions. The Deal Details The deal, valued at approximately ₹5100 crores, … Read more
In a recent move, Google has taken down several crypto apps, including popular ones like Binance and Kraken, from its Play Store in India. This decision comes on the heels of these global crypto apps being flagged for operating ‘illegally’ in the South Asian market. Background: Show Cause Notices and Accusations The Financial Intelligence Unit … Read more
