Latest Stock Market News

Adani Power shares up 0.95% as Nifty gains

Updated at : 2023-04-11 11:20:04

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A total of 501,346 shares changed hands on the counter till 10:41AM (IST).

The Nifty Bank index was trading 1.01 per cent up at 41247.3.

Avenue Supermart shares gain 0.56% as Sensex rises

Updated at : 2023-04-11 11:20:04

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On the technical charts, the RSI of the stock stood at 52.55.

Tupperware failed to file its 10-K for 2022, which likely puts it in violation of credit facility covenants. The company also has cash constraints due to higher interest costs and the timing of re-engineering actions.

The real-world costs of the digital race for bitcoin

Updated at : 2023-04-11 10:20:04

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In Texas, the computers kept running until just after midnight. Then the state’s power grid operator ordered them shut off, under an agreement that allowed it to do so if the system was about to fail. In return, it began paying the bitcoin company, Bitdeer, an average of $175,000 an hour to keep the computers offline. Over the next four days, Bitdeer would make more than $18 million for not operating, from fees ultimately paid by Texans who had endured the storm.

Diversification is the key for any portfolio and the times we are living in today the main agenda should be to invest money in highly liquid assets which could be easily converted into hard cash during the time of crisis.

5 PSU bank stocks to buy ahead of Q4 earnings

Updated at : 2023-04-11 10:20:04

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Ahead of Q4 results, domestic brokerage firm Motilal Oswal has selected a few PSU Bank stocks which have the strength to deliver good returns.

In an interview with the newspaper, Buffett also said he would visit Japanese trading houses and Tungaloy Corp offices during his stay in Japan this time. Berkshire Hathaway had more than a 6% stake in each of those five trading houses, according to regulatory filings made in November last year.

"Incrementally, we hope to see that over the next 12 to 18 month period, some signs of private sector capex is also coming back. The overall balance sheets of the companies within the space continue to remain strong and that is a positive. Therefore, this is a theme that we continue to play across our portfolios."

Equity being a long-term (5-10 years) asset class, it would be wiser to focus on the longer-term potential rather than the short-term volatility which is more or less a given.

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