Latest Stock Market News

A total of 32,260 shares changed hands on the counter till 10:05AM (IST)

On the technical charts, the 200-day moving average of the stock stood at Rs 2192.33.

ET was the first to report, in July 2019, about Pawan Munjal’s nephew Naveen Munjal citing exclusive brand rights over green vehicles. Claims and counter-claims over brand use have begun to feature prominently in the media after Hero MotoCorp announced plans to launch an electric vehicle in the fourth quarter of the ongoing financial year. The Pawan Munjal-led Hero MotoCorp is the market leader in ICE (Internal Combustion Engine)-enabled motorcycles and scooters, and has recently announced its foray into the EV segment.

For some investors, anticipation of more wild swings in asset prices has heightened the appeal of credit swaps, which are used to ensure against the risk of corporate defaults.

As the Fed gets set to raise pandemic-era rates, here are the estimates from major global investment banks on how far and fast rates will rise:

Unlike Delhivery and Oyo Hotels & Homes, its IPO is fully through primary share sale and doesn’t have an OFS (offer for sale) component. It filed the draft IPO papers in November to raise Rs 6,250 crore by issuing only new shares.

Cryptocurrencies rely on blockchain technology, a database shared across a network of computers, in which records are difficult to change once added.

Non-fungible tokens (NFTs) surged in popularity last year and this growth shows no signs of slowing, with sales on the largest marketplace, OpenSea, hitting a record $5 billion in January even as the tech-heavy Nasdaq posted its biggest monthly drop since 2018.

In a first for an Indian entity, several domestic as well as foreign crypto exchanges are in talks with CryptoWire, a Financial Technologies Group entity, to launch products based on its IC15 index. IC15, which tracks the top cryptocurrencies around the world in terms of their market capitalisation, is the first crypto index to come out of India.

The safe-haven yen gained more ground on the dollar on Friday as U.S. President Joe Biden said Moscow is preparing a pretext to justify a possible attack on Ukraine, also supporting the Swiss franc and hurting bitcoin.