Retail investors, through the mutual fund route, are yet again absorbing the selling by foreign institutional investors (FIIs) post the budget, which is being reflected by a decline in fear gauge India VIX to a three-month low on Wednesday after wild intraday swings. FIIs have sold shares worth almost ₹6,700 […]
Tesla stock tumbled more than 11% on Wednesday as its shrinking auto sales margins disappointed investors. Source link
Indian stock market: Market benchmarks—the Sensex and the Nifty 50—continued their losing streak for the fourth consecutive session. The Sensex dropped by 280 points, or 0.35 per cent, closing at 80,148.88. Similarly, the Nifty 50 ended the day down by 66 points, or 0.27 per cent, at 24,413.50. Despite these […]
Stock market today: Indian stock market benchmarks —Nifty 50 and Sensex—extended their losing streak into the fourth consecutive session on Wednesday, July 24, due to profit booking in financial and banking shares after Finance Minister Nirmala Sitharaman announced a hike in securities transaction tax (STT) and short-term capital gains tax […]
US stocks declined on Wednesday, led by the tech-heavy Nasdaq after lackluster quarterly results from Tesla and Alphabet. At the opening bell, the Dow Jones Industrial Average fell 147.46 points, or 0.37%, to 40,210.63. The S&P 500 was lower by 49.90 points, or 0.90%, at 5,505.84, while the Nasdaq Composite […]
Aurum Proptech, a leader in property technology, has seen its shares experience a significant rise in recent years, delivering exceptional returns to shareholders. Since January 2021, the share price has surged from ₹11.25 to its current value of ₹161.75, marking a remarkable gain of 1335%. The company offers a comprehensive […]
You’re young. Ambitious. Daring enough to venture into the slippery lanes of intraday equity trading at the stock markets. And you’re losing money. If the above description fits your profile, you’re not alone. A study by India’s capital markets regulator said that a staggering 76% of loss-making intraday traders were […]
Property buyers can no longer adjust the purchase price for inflation at the time of sale, negating the impact of the tax cut. That’s because the indexation benefit, removed for properties purchased or inherited on or after 2001, effectively worsens the tax impact. For instance, a property purchased for ₹1 […]
The Indian stock market indices, Sensex and Nifty 50, have experienced a nearly 2 percent correction from their record high levels. This dip comes amid profit booking and concerns over high valuations. While the Union Budget 2024 had a mixed overall impact, the market is expected to move beyond the […]
Clinitech Laboratory IPO: Subscriptions for Clinitech Laboratory Ltd’s initial public offering will open on Thursday, July 25, and close on Monday, July 29. With a face value of ₹10 per share, the offering has established its price band at ₹96 per share. A minimum of 1,200 shares, as well as […]