New Delhi: Domestic markets are ending the year 2023 on a buoyant note as Nifty scales above 21,500 mark while the Sensex crosses 71,000. Investor’s sentiments got a big boost in November and December which helped both domestic as well as global markets scale new high, says a report by Motilal Oswal Broking and Distribution. … Read more
China’s Big Tech landscape continues to undergo seismic shifts, with video gaming and news portal NetEase overtaking food delivery giant Meituan as the country’s fourth most valuable listed technology company, after Tencent Holdings, PDD Holdings and Alibaba Group Holding. NetEase’s market cap stood at HK$563.2 billion (US$72.1 billion) in Hong Kong on Thursday, compared with … Read more
New Delhi: BSE Sensex is down 249 points on Wednesday morning trade as IT stocks face selling pressure. BSE Sensex is trading at 69,301 points with Infosys, TCS down more than 2 per cent. Vaishali Parekh, Vice President – Technical Research, Prabhudas Lilladher, said Nifty has been roped in with a tight resistance near 21,000 … Read more
One of Goldman Sachs’ highest-paid executives is leaving the bank early next year after raking in roughly $100 million over the past three years — even more than CEO David Solomon, according to a report. Ed Emerson — a 47-year-old trader who leads Goldman’s commodities business and whose pay exceeded Solomon’s $77.5 million during the … Read more
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
A man in the southwestern Chinese province of Sichuan has been arrested for spreading rumours about the stock market amid a crackdown by law enforcement on acts that undermine the country’s fragile economic recovery. A 30-year-old man in Chengdu, the capital of Sichuan and a commercial hub, was detained over suspicions he used news about … Read more
