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While there are several reasons for this surge, peaks and troughs, booms and busts are an integral part of the stock market saga - much like the waves of the sea, which incessantly rise and fall. Hence, there could be an element of “irrational exuberance”, “froth” and “bubble”.

During the quarter, consolidated revenues came in at Rs 3,080 crore, up 28% from Rs 2,411 crore in the year-ago period.

Anthony Bolton emphasizes that successful investing involves not only identifying lucrative opportunities but also mitigating potential pitfalls. He stresses the importance of thoroughly studying balance sheets and treating associated risks with utmost seriousness.

Despite facing these hurdles, Bitcoin has shown remarkable resilience, boasting a staggering 127% increase in value over the past year. It has firmly held above the $60,000 threshold, with immediate support pegged at $61,300 and resistance at $64,500, currently trading at $63,000.

Eicher Motors recorded an 18% YoY increase in consolidated net profit to Rs 1,070.45 crore for Q4 2024, with sequential growth of 7.5%. Total revenue reached Rs 4,256.04 crore, up 12% YoY. The board declared a final dividend of Rs 51 per share, totalling Rs 1,396.41 crore.

The Elliott Wave theory is focused on identifying a trend in financial market values and is based on the assumption that market patterns that have prevailed in the past might extrapolate in the future. This theory was developed by Ralph Nelson Elliott in 1930. The theory still finds relevance among traders/investors and financial institutions.

Abhijit Bhave, MD & CEO of Equirus Wealth, exemplifies the fusion of leadership and holistic health practices, emphasizing the importance of a comprehensive approach in achieving professional success and personal well-being.

The bank received ₹497 crore as income tax refund in the quarter ending March as against ₹8 crore in the comparable period, which helped to push up profits for the fourth quarter.

Net profit increased to ₹1,439 crore in the quarter ended March 2024 from ₹1,350 ₹crore a year earlier despite a 15% fall in operating profit.

The global benchmark, US WTI crude currently clinging below $80 a barrel, has lost more than 10% from a near two-year high tested last month. A similar correction was witnessed in the Asian Brent and the domestic MCX futures as well.