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With crypto’s multi-month downturn accelerating into a freefall last week, bulls were frantically grasping for technical signals, or maybe yarns about the blowup of some leveraged hedge fund, that might signal a final bottom for this bear market. Perhaps the ultimate sign of a bottom, though, might be the cheers arising from those who have…
The Adani Group has unveiled an ambitious plan to invest $100 billion over the next decade to build renewable-energy-powered, hyperscale AI-ready data centres across India, targeting completion by 2035. Announcing the move on Tuesday, the conglomerate described the proposal as one of the largest integrated commitments globally in energy and computing. It said the initiative…
Markets have been taking a breather with profit booking in focus after hitting recent record highs. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Tuesday on weak global cues. While Nifty50 was above 26,150, BSE Sensex was near 85,500. At 9:24 AM, Nifty50 was trading…
If you want to own stocks at all, make sure they are the kind of businesses you’d be happy to still own 10 years from today. (AI image) Once you decide that you do want a small stock portfolio, the next question is obvious: “Okay, but what do I actually buy?” Most investors start in…
Gujarat: High court lets off dad on death row for pregnant teen’s rape and murder AHMEDABAD: Gujarat high court has acquitted a father sentenced to death by a Surat trial court for the rape and murder of his pregnant teenage daughter, citing procedural lapses for refusing to accept the DNA report that led to his…
Bengaluru: Meesho’s shares closed at Rs 216.3 on Wednesday on the NSE, hitting the 20% upper circuit and nearly doubling their IPO price within days of debut. The e-commerce company’s stock has gained about 95% since it got listed on Dec 10 at Rs 111 per share. The surge, which has pushed the company’s market…
Yogi Adityanath and Akhilesh Yadav (Images/Agencies) NEW DELHI: Uttar Pradesh chief minister Yogi Adityanath on Monday took a veiled dig at Samajwadi Party chief Akhilesh Yadav and Congress leader Rahul Gandhi during a state Assembly session, saying “desh ke andar do namune hain” (There are two specimens in the country).The remarks came amid a heated…
Despite key indices Nifty 50 and Sensex hitting record highs recently, broad market optimism remains limited, with nearly half of NSE’s top 500 stocks still lagging a key technical benchmark. A study by Samco Securities shows that within the Nifty 500 universe, only 40 per cent of stocks are trading above their 50-day simple moving…
Prime Minister Narendra Modi visited the LNJP Hospital in Central Delhi to meet victims of the car blast near the Red Fort that killed at least 10 people. Delhi Police have launched a hunt for a red Ford EcoSport linked to the suspects, alerting all police stations, border posts, and neighbouring states.Two workers were killed…
