Latest Stock Market News

As a staunch believer in India, Rakesh bhai was convinced that the sone ki chidiya was on a steady path to re-emerging as the preeminent economic power in the world.

The largest cryptocurrency rose as much as 2.2% on Sunday to $25,031, its highest level since June 13. It was trading around $24,750 as of 6 a.m. New York time, rising a fifth straight day in a streak fueled by US consumer-price index data that came in below expectations.

He had an elephantine memory. He could tell an MD, ‘But 12 years ago, you were generating an RoCE in the range of 18-20%, so why are you earning less now?’ Most MDs would be caught off guard. They dreaded him.

"At the Extra Ordinary General Meeting (EOGM) of NSE, an Ordinary Resolution was passed to consider and approve/ratify the appointment of Mr Ashishkumar Chauhan as a Director in the capacity of Managing Director & CEO," NSE said in a statement.

For more such web stories click on the ET icon below

In an interview two years ago, the “Big Bull” had said that on his last day, he wanted to do some trading, investing and have two drinks before God took him away.

Some of the best traders in the market are wrong more often than they are right. For example, the trend following traders who make big money when the market is trending is right less than four times out of 10. Show this record to any new trader and they would not like to learn such strategies.

Flamboyant and well-networked, the ‘Oracle of Dalal Street’ was close friends with another veteran investor Radhakishan Damani. Together, they were known as the ‘Jai and Veeru’ of Dalal Street. While fully respecting each other’s viewpoints, the two best friends would often take contrasting calls during their earlier trading days.

Gold’s four weekly rally shows bullish sentiment however it has come on the back of five weeks of consecutive losses. The sharp and mixed movement reflects lack of confidence in the market.Gold edged up last week as part of a rally seen across commodities and equities. Market players shun the safety of the US dollar and moved to riskier assets amid increasing debate about Fed’s monetary policy

Sharma said Rakesh and he have fought publicly because of having different views, but yet they were good friends. In a difficult profession, one can disagree on views and yet be great friends, he said."That is the real mark of friendship and of your maturity as a human being that the views are all subjective and are very personal but your friendships