Monday, 3 October, 2022
TopicStock markets

Topic: Stock markets

LIC shares slump in market debut after record Rs 205.6 billion India IPO

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.

Meet 20-year-old stock trader Rithvik Thammareddy who beat Nifty50

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.

Sensex surges 1333 points as ruling BJP races ahead in 4 out of 5 state assembly elections

Mumbai: The Indian equities markets benchmark Sensex surged 1333 points on Thursday as early trends showed BJP leading in four out of five state...

How to make sense of market forecasts in wartime

It's not the responsibility of Wall Street to come out with better forecasts. The responsibility is on the end users to spend a few hours digging into the research.

Sensex tumbles 2,702 points, biggest decline since March 2020, amid Russia-Ukraine conflict

Gold and crude oil prices surged, with the latter rising above $105 a barrel. Markets in Asia and Europe were also deep in the negative territory.

Why Federal Reserve will no longer have pandemic-era investors’ backs

Inflation is top of mind for all leaders in Washington and US President Joe Biden, whose approval ratings are sliding, appears less inclined to count on hope as a strategy.

World’s biggest asset manager BlackRock trimming investments in India, more optimistic on China

BlackRock has rejigged its Asia-focused portfolios to have more neutral positions on China, up from underweight, and narrowed its underweight call on internet services companies.

India’s gold & FD-loving ‘aam aadmi’ is not only shifting to stocks but also investing better

NSE study shows retail investors are dominating India’s stock market since the first Covid-19 lockdown and investing more and more money in diversified portfolios.

IPO frenzy pushes SEBI to propose tighter listing rules on investor exit, cash raised

The proposals from SEBI come as the country is set for a record year for IPOs and follow the RBI's decision to impose limits on borrowers seeking to buy shares of a new listing.

Hope of continued Covid stimulus, economic recovery pushes Sensex, Nifty to record highs

The run-up in stocks comes ahead of the RBI's monetary policy Friday, where interest rates are expected to be left at an all-time low even as inflation rises.

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Illustration by Prajna Ghosh | ThePrint

Over 38% inmates in Indian jails are OBCs, 10% increase in a decade, study finds

Religious minorities, specifically Muslims and Sikhs, have been overrepresented among prison inmates for years now, but there have been some shifts in the last decade, NCRB data shows.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.


Naval Group & IIT Goa signing agreement to extend partnership on 28 September | Twitter @navalgroup

France’s Naval Group, IIT Goa extend R&D deal for underwater surveillance, submarine imaging

Agreement will act as catalyst for improving analysis of data collected by underwater sensors through application of neural systems & AI.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.