-Retail darlings GameStop and AMC soared on Tuesday, as posts from “Roaring Kitty” Keith Gill raised chatter about the return of the central figure behind the 2021 meme stock frenzy. Shares of the video game retailer jumped 70% to its highest level since June 2021, while those of the world’s […]
A Japan-focused stock ETF that strips out moves in the yen is undergoing a big revival, raking in flows all of a sudden as it hits record highs. The WisdomTree Japan Hedged Equity Fund hit an all-time high on May 6, having climbed roughly 45% over the past 12 months […]
According to the exchange filing, the company allocated 4,32,57,009 equity shares to anchor investors at a price of ₹272 per share. “The Board of Directors of the Company at its meeting held on Tuesday, May 14, 2024, in consultation with the ICICI Securities Limited, Morgan Stanley India Company Private Limited, […]
GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of “the meme stock frenzy” that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally “Roaring Kitty”. Here is what you need to know about the recent surge in meme stocks: […]
Oil prices fell on Tuesday, after U.S. data suggested inflation remains sticky and OPEC maintained its demand forecast for the year. Brent crude futures fell $1.08 to $82.28 a barrel at 11:31 a.m. ET (1531 GMT), while U.S. West Texas Intermediate crude futures (WTI) lost $1.17 to $77.95 a barrel. […]
Based on calculations done by Nuvama Alternative & Quantitative Research, the inclusions to the MSCI indices could bring in inflows from foreign investors worth $2 billion for domestic equities. ‘’The May review will entail another action-packed rejig as we anticipate close to $2 billion inflow into India,” said the financial […]
Markets regulator Securities and Exchange Board of India (Sebi) has recently tweaked regulations, making it mandatory for at least one key personnel within the investment team of the manager of an Alternative Investment Fund (AIF) to have the relevant certification. As per a Sebi circular dated May 13, the investment […]
US stock indices edged higher on Tuesday after stronger-than-expected producer prices inflation and ahead of Federal Reserve Chair Jerome Powell’s speech later in the day. A report showed that US producer prices (Producer Price Index) rose more than expected in April amid strong gains in the costs of services and […]
The company’s shares rewarded their shareholders handsomely in recent years as they maintained continued upward trajectory. Over the past five years, the company’s shares have surged from ₹19 apiece to the current level of ₹224.50, marking an impressive gain of 1081%. Notably, in November, the stock reached a 15-year high […]
Nithin Kamath’s Zerodha has introduced a new hands-on ‘notes’ feature for traders on its Kites mobile app in order to enhance the user-friendly experience and make the trading process seamless on the platform. The ‘notes’ feature on Kite app allows users to add the specific reason for adding an instrument […]