Latest Stock Market News

Bitcoin, the largest crypto token, was down 0.2% at around $25,980 as of 11:30 a.m. in New York on Friday. In the past two weeks, it has fallen almost 12% after trading sideways for about a month.

For more such web stories click on the ET icon below

“I keep explaining to foreign investors that ours is a robust democracy and we go through elections, every 12 months we go to some sort of major elections and all. But all of that being said, there will be a degree of concern as we go through the election cycle in India.”

“You cannot have gold and the dollar both rise. It is just a matter of time. The Fed has lost credibility and we are making too much out of the Jackson Hole event. Another two days and the market will be back to normal and metals will lead the charge. So Hindalco, Tata Steel, Jindal Steel, JSW, these are very good picks at this price.”

​Also, sectors linked to the Western economy including IT and pharma experienced heightened volatility.​

​The volume and delivery scan provides the list of stocks that witnessed an increase in traded as well as delivered quantity​

“Nifty is at a crucial juncture; slipping below 19200 could trigger a 200-point decline. If it goes below 19200, the next level is around 19000. Recent data show short buildup in Nifty and long unwinding in Bank Nifty, both indices now below their 250-day moving averages.”

The IPO is a complete offer for sale, wherein promoters and other shareholders plan to sell 28,028,168 shares of the company. If the IPO sails through this time, Medi Assist will be the first insurance third-party administrator (TPA) in India to be listed.

Earlier this month, Sebi passed a second interim order against Brightcom Group, restraining Reddy and Raju from holding any directorial positions, and has also barred them from the securities market until further notice.

Other income in the P&L statement comes from non-core activities like cash on books etc. In some rare cases, it is part of core operations. So, first, investors should find if other income is due to core operations or non-core activities.