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IndiGo's plan to raise fares sends stock up over 10%

Updated at : 2022-05-27 07:20:02

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Analysts said the March quarter reflected the impact of the Omicron variant of Covid-19 in January and February but pent-up demand will continue to support the near term growth of the airline.

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The European Commission this month proposed new sanctions against Russia for invading Ukraine but said they require the unanimous support of all 27 bloc member states.

The company’s board of directors have approved enabling resolutions for the fundraising. Of this, the equity issue will be up to Rs 2,000 crore and debentures worth up to Rs 1,500 crore, the company said in a regulatory filing.

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Total income from operations stood at Rs. 1504 crore, compared to Rs. 1420 crore in the year-ago period, with a growth of about 6%.

The investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14. They asked to be certified as a class and to be awarded an unspecified amount of punitive and compensatory damages.

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Zooming into the 15-minute chart, we see that the Nifty found support around the 15,900 levels and rallied sharply from there. In the process, the index moved above the 20 and 50 periods MA. This indicates strength for the near term, said Subash Gangadharan, Senior Technical and Derivative Analyst, HDFC Securities.

Thinking of retiring with crypto funds? Think again!

Updated at : 2022-05-26 23:25:03

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​​Earlier this year, Fidelity Investments, among the country’s largest 401(k) providers, said it would soon let participants invest as much as 20% in Bitcoin, if employers choose the option. MicroStrategy Chief Executive Officer Michael Saylor, an outspoken Bitcoin advocate, immediately said he’d be in.

MetaMask is a ConsenSys product and among the leading self-custody wallets. MetaMask and Asset Reality will be helping victims of scams recover their digital assets where possible.

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Ether was down as much as 11% on Thursday before paring losses to around $1,850, far below the key threshold of $2,000 which it needs to trade above meaningfully -- and soon -- if bearish sentiment is to ease. Other tokens linked to protocols popular with decentralized finance projects like Avalanche, Solana and Polkadot were also slumping, down between 11% and 17% over the last 24 hours.

​There was a good premium income opportunity on the expiry day. The levels of 15,900 and 16,200 saw a great amount of Put and Call writing. This ensured that the Nifty did not slip below 15,900 and did not move past 16,200 levels.

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