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Going by the sheer number of participants, the rise of the retail investor on Dalal Street is shadowed by the massive growth seen in fantasy sports. According to a recent report by Deloitte, India is now the largest fantasy sports market in the world, catering to over 13 crore registered users.

From the Big Short to the Big Scam

Updated at : 2022-06-07 12:20:02

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Why were so few willing to bet against the bubble? A large part of the answer, I would suggest, was what we might call the incredulity factor — the sheer scale of the mispricing the skeptics claimed to see.

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Shares of Zomato plunged 3 per cent to Rs 67.85 on Tuesday before trading at Rs 68.10 at 10.35 am. The scrip had settled at Rs 69.85 on Monday.

Tron (TRX) is the native and governance token of the Tron network - a decentralized operating system that lets developers create dApps using smart contracts. TRX remains one of the few cryptocurrencies that have performed well recently despite the bear market.

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Apcotex Industries Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 3343.74 Crore) operating in Rubber sector.

Iron ore is one of the key raw materials used in the manufacturing of steel, and any movement in the prices of the mineral has a direct impact on the rates of steel, which has been a matter of concern for the user industries for past couple of months.

"Credit card is a derived demand product, and its growth is dependent on a combination of factors. Consumer spending on cards is a fair estimate of how consumption is changing in response to various external stimuli. In India, the credit card market is underpenetrated, and inflationary pressures may impact spending. More specifically, the impact could be seen at the category level, if any."

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Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 128788.53 Crore) operating in Auto sector.

Zomato likely to sign Blinkit deal on June 17

Updated at : 2022-06-07 08:20:04

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Zomato has previously invested in Blinkit, and extended a loan of up to $150 million for the quick-commerce entity earlier this year.

Auto sales treble on year in May, but on a low base

Updated at : 2022-06-07 08:20:04

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Retail sales of passenger vehicles and tractors grew by 11.40% (to 263,152 units) and 33.09% (to 52,487 units), respectively, when compared to May 2019. However, registrations of two-wheelers, three-wheelers, and commercial vehicles were down by -13.91% (to 12,22,994 units), -19.32% (to 41,508 units), and -11.44% (to 66,632 units), respectively, against May 2019.

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