Over 50 Smallcap Stocks Fell as Much as 26% in This Week’s Market Carnage
Indian equity market tumbled 2% in a holiday-shortened week as investors turned cautious ahead of the 2023-24 federal budget due on February 1 and the...
Category : MARKETS
MSCI Seeks Feedback on Adani Group on Hindenburg Report
On Saturday, index provider MSCI said it is seeking feedback on Adani Group and related securities and is aware of a report by short-seller Hindenburg...
Tesla’s Best Week Since 2013 Bet Worst Week is Over
Tesla Inc’s biggest weekly gain since 2013 gave investors a glimmer of hope that after a disastrous 2022, the worst may finally be over for...
Apollo Hospitals to Rise on Monetising Omnichannel Platform
Apollo Hospitals is getting attention in the healthcare space for the possibility that the company could finally monetise its new vertical, omnichannel platform Apollo Healthco,...
Auto Companies Post Strong Q3, Tata Motors Posts Profit For 1st Time in 2 Years
Third-quarter earnings were perfect for auto stocks this week. Tata Motors reported a profit for the first time in two years. Bajaj Auto reported record...
Adani Enterprises FPO Subscribes 1% on Opening Day as Shares Plunge More Than 18%
A follow-on share sale in Adani Group’s flagship company Adani Enterprise was only 1% subscribed on Friday’s opening day as shares plunged following a scathing...
BuzzFeed Shares Surge 120% on Plans to Adopt OpenAI
Shares of BuzzFeed Inc soared on news that the digital media company plans to use OpenAI to power some of its content creation. The stock...
Godfrey Phillips Records 70% YoY Jump in Q3 PAT
On a consolidated basis, the net profit of cigarette maker has reported a net profit of Rs 199.25 crore in the Oct-Dec quarter of FY23,...
Stock Markets Achieve Full Transition to T+1 Settlement Regime
Indian stocks on Friday made a complete transition to a shorter settlement cycle or T+1 regime, a move that will bring significant capital efficiency to...
Reliance Industries Hits 10-Month Low, Shares Down 15% Since December
Shares of Reliance Industries (RIL) fell 3% to a 10-month low of Rs 2,312 in intraday trade on Friday, amid heavy trading amid a sharp...