Smallcap stock becomes India’s costliest share, turns Rs 3 into Rs 2.36L in a day

Smallcap stock becomes India’s costliest share, turns Rs 3 into Rs 2.36L in a day

In a surprising market move, Elcid Investments Ltd, a smallcap company, has emerged as India’s costliest share, surpassing even the renowned MRF stock priced at Rs 1.2 lakh. The Mumbai-based company relisted on the Bombay Stock Exchange (BSE) on October 29 and saw its stock price soar to an impressive Rs 2,36,250 per share—an astonishing … Read more

SEBI notice to Adani firm over wrongful shareholding categorisation

SEBI notice to Adani firm over wrongful shareholding categorisation

New Delhi: Adani Energy Solutions Ltd (AESL), the power transmission arm of the Adani group, on Tuesday, October 22 said it has received a notice from SEBI alleging wrongful categorisation of certain investors as public shareholders. Without giving details, the firm in notes to its second-quarter earnings statement said it will respond to regulatory and … Read more

OLA shares plunge after CEO’s meltdown with comedian Kunal Kamra

OLA shares plunge after CEO’s meltdown with comedian Kunal Kamra

Stand-up comedian Kunal Kamra, known for his observational comedy and his commentary on various social and political issues in the country, on Sunday, October 6, had a war of words with entrepreneur Bhavish Aggarwal, founder of the electric scooter company Ola Electric Mobility, regarding the servicing issues of the scooters sold by the EV manufacturer. … Read more

Congress’ Pawan Khera slams SEBI Chief Madhabi Puri over alleged dual salary from Govt & ICICI Bank – The Economic Times Video

Congress’ Pawan Khera slams SEBI Chief Madhabi Puri over alleged dual salary from Govt & ICICI Bank – The Economic Times Video

On September 2, Congress leader Pawan Khera attacked Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch over irregularities and alleged that she was drawing salary from not just the government but also private banks ICICI Bank and ICICI Prudential. In a press conference, he further alleged that several probes on ICICI Bank … Read more

Stock Market Live Updates: Will Dalal Street React Positively? Investors Closely Wait For Budget 2024

Stock Market Live Updates: Will Dalal Street React Positively? Investors Closely Wait For Budget 2024

Last Updated: July 23, 2024, 07:36 IST Stock Market Live: Indian benchmark equity indices closed slightly lower on Monday, weighed down by Reliance Industries and Wipro following their weaker-than-expected quarterly results. Market volatility increased with the budget announcement just a day away. “Although the budget is anticipated to be favourable, investors will closely monitor whether … Read more

Nifty, Sensex Close At Record Highs: Experts Decode Factors To Watch Out For In Markets This Week

Nifty, Sensex Close At Record Highs: Experts Decode Factors To Watch Out For In Markets This Week

The share market will remain closed on Thursday. The experts opined that the foreign investors’ trading activity, and currency fluctuations in the rupee and dollar, would also affect investor sentiments and market trends. On Monday, the Nifty 50 and Sensex hit record highs, boosted by global market trends and a surge in large-cap auto stocks … Read more

Are Long-time Investors Losing Faith in Bitcoin? Experts Explain

Are Long-time Investors Losing Faith in Bitcoin? Experts Explain

Bitcoin just cannot seem to catch a break from its southward price trajectory this year. Currently trading at $21,454.37, the largest cryptocurrency has already slipped 51.82% in value to date in 2022. Naturally, long-term investors aka HODLers are seriously rattled. No wonder BTC is leaving crypto exchanges in droves. The trend began shortly after the … Read more