Latest Stock Market News

Adani Group picks up stake in Cleartrip

Updated at : 2021-10-30 15:05:01

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The development comes just months after the group inked a strategic partnership with Walmart-owned Flipkart for a logistics hub and a data centre.

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Following the success of Zomato’s listings, many of these new-age businesses are readying IPO plans.

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The digital asset gained as much as 4.8% to $4,459.20, topping the previous record of $4,379.62 in May. The token traded around $4,387 as of 2:41 p.m. in New York. Other tokens including Binance Coin and Solana rallied. Ether is now worth more than $520 billion, according to data from CoinGecko.com.

Will buy Indian stocks on every fall: Chris Wood

Updated at : 2021-10-30 15:05:01

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Hong Kong-based Chris Wood said that from a macro perspective, India looks to be in a similar condition to where it was in 2003 when the country embarked on the last property and capex cycle.

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The SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with investors like Fidelity, Baillie Gifford, Dragoneer Group, BlackRock and others also participating.

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During the quarter, the developer recorded bookings for 4.43 lakh sq ft space taking its total bookings for the half-year ended September to 5.35 lakh sq ft.

Steinhardt, during his 35-year tenure as a hedge fund manager, far outshone his peers by achieving an average annual return of over 30 per cent — significantly greater than every market benchmark at that time.

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With funds already blocked in the secondary markets and IPOs being attractive money-making opportunities, it was an opportune time for investors, especially HNIs, to borrow funds at extremely competitive interest rates.

The coming week is likely to see the levels of 17,800 and 17,890 acting as resistance levels. The supports come in at 17,550 and 17,500.

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The private sector lender reported a 78 per cent year-on-year (YoY) decline in its September quarter net profit at Rs 31 crore on a jump in asset quality issues but guided towards a better second half, with improved ratios.

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