The current market rally, which has seen Sensex more than triple since COVID crash, did see some corrections. Unlike in the previous bull run, these dips have been shallow & short-lived.
Scams are well oiled with swindlers manipulating & looting victims for months. Probe mostly hit dead end as those arrested are brokers & mule account holders, say cops.
Number of intraday traders rose 4.6 times from FY19 to FY23, the report says. Though loss-makers increased, average loss fell drastically to Rs 5,371 in FY23 from Rs 20,701 in FY19.
Economic Survey 2023-24, tabled in Parliament Monday, says derivatives investors could see greater losses during market crashes, inducing them to stay away and hurting the economy.
Adani Group stocks rose at an average of 7.8% Monday, while Sensex rose 3.4%. The group has recovered all losses in value since the Hindenburg report came out in January 2023.
ThePrint analysed data from the affidavit Shah filed with EC. Apart from the equity market, Shah and his wife also have investments in small savings schemes, gold, and mutual funds.
While Adani Transmission’s stocks were worst hit, none of the group's seven listed companies escaped impact, with their stock prices falling between 10% & 27%.
The shares fell as much as 9.4% to Rs 860 versus their IPO price of 949, before paring about half of the losses. LIC is the fourth-largest deal among global IPOs priced this year.
Rithvik said was he was able to achieve such a record due to a single stock, Tata Investment Corporation, which appreciated almost 52% compared to 23% of Nifty Index last year.
India must dedicate its efforts to solidify Quad as a serious security alliance and signal to the world that it values its values-based relationship with US above transactional ties.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
Excellent analysis. We yet need to know how much of this was driven by individual retail interest Vs DFI