Page 438 - Markets

Sam Bankman-Fried: 'Crypto genius' who lost $14.5 billion in a single day

Bankman-Fried vanished from the Bloomberg Billionaires Index after his net worth just vaporised, falling 94% in a single day

FTX to file for bankruptcy protection in US; CEO Sam Bankman-Fried resigns

Bankman-Fried's trading firm Alameda Research is also part of the bankruptcy protection

3 reasons why Sensex rallied 1,181 pts Friday to hit fresh 1-year high

Stock market today: The Sensex, Nifty indices are now only around 1 per cent away from reclaiming their all-time highs of 62,245.43 and 18,604.45, respectively

Lumax Ind freezes at 20% upper circuit on strong Q2 results, capex plan

The board has approved the company's plan to set up new manufacturing unit in Chakan, Pune to cater to the orders received from OEMs

ACC, UltraTech Cement, Ramco: Here's how cement stocks look on the charts

Except Ambuja Cements, Ultratech Cement, Ramco Cements, and India Cements need to surpass crucial key levels to lead to a rally ahead

Eicher Motors dips 5% on profit booking post firm September quarter results

The management also indicated at expansion in gross margins in coming quarters as input cost normalises with no production constraint as this point in time

FPI buying gives wings to Nykaa shares; surge 20% post persistent sell-off

Aberdeen Standard Asia Focus Plc (4.27 million), and Norges Bank on account of Government T Petroleum Fund (3.98 million) bought a combined 8.25 million shares via block deals on Thursday

Amazon becomes world's first listed firm to lose $1 trillion in market cap

Amazon and Microsoft Corp. were neck-and-neck in the race to breach the unwelcome milestone, with the Windows software maker close behind after having lost $889 billion from a November 2021 peak

Genuflecting to the free market

Famed economist Jacob Soll's book guides readers through 2,000 years of Western free-market thought, but at times, the account is perplexing

TeamLease Services plunges 18%, hits two-year low on margin concerns

The management said that the headwinds in the IT industry have started impacting the specialized staffing growth and may continue for a while

TMS Ep300: India's job market, EV scooter, Markets, MAC

Why're we getting mixed signals from India's job market? How the EV scooter market saw consolidation? Can US midterm election trigger a market rally? What's Mangrove Alliance for Climate? Answers here

Can the outcome of US midterm election trigger a market rally?

The US midterm elections have historically marked bullish pivot points for the stock market, notwithstanding the outcome. Will this time be any different? And will this money chase Indian equities?

Ramco Cements tumbles 14% in two days on weak Q2 results

The company's Ebitda declined 52 per cent YoY at Rs 193 crore, mainly due to sharp increase in fuel price and weak cement prices

Nykaa tumbles 7% on heavy volumes; stock trades ex-bonus for 5:1 issue

Till 10:02 am; a combined 57.35 million equity shares had changed hands on the NSE and BSE

Axis Bank dips nearly 4% as govt initiates SUUTI's 1.55% stake sale via OFS

According to the lender's exchange filing, the government, via SUUTI, will offload 46.5 million shares on November 10, and 11. The floor price for the offer shall be Rs 830.63

Sensex snaps 2-day winning run amid weak global markets; ITC bucks trend

The 30-share BSE Sensex ended 151.60 points or 0.25 per cent lower at 61,033.55

Nykaa to turn ex-date on Thursday for 5:1 bonus issue; stock sheds 4%

The board of the company has fixed Friday, November 11, 2022 as the 'Record Date' for the purpose of determining the members eligible for bonus equity shares

Stock of this visa service provider has zoomed over 300% so far in 2022

Shares of BLS International hit a record high of Rs 388.85 as they rallied 15% in intra-day trade, zoomed 309% thus far in the calendar year 2022.

Indigo Paints drops 10%, hits new low after 4% equity changes hands on BSE

On the NSE, a total 1.05 million shares or 2.2 per cent of the equity of the company had changed hands till 10:11 am

Is the tide turning for PSU banks?

Earnings of public sector banks was better-than-expected due to broad-based credit growth. But they are trading 25% higher than historical average. Does this make them investment-worthy at this level?