Ola Electric finally made it to the Share Market. On Friday, it’s shares were listed at their issue price. In contrast to its issue price of ₹76 per share, Ola Electric’s share price initially opened at ₹76 on the NSE. Ola Electric shares were listed for ₹75.99 per share on the BSE, with a 0.01% … Read more
Although there is great momentum in traditional financial markets, however, the price of Bitcoin rose 5.5% on August 6. But it failed to rise above $57,000. On August 7, the oil price and the Euronext 100 index increased by 2.8% and 2.2%, respectively. Derivative measures show a lack of enthusiasm, which shows that market-specific causes … Read more
The XRP price went up 26%. This happened after a New York federal judge drew closer to settling a 3-year securities action against Ripple Labs. In a case filed by the Securities and Exchange Commission, a federal judge ruled on August 7 that Ripple Labs was “permanently restrained and enjoined” from breaking US securities laws … Read more
The share price of Ceigall India was listed at ₹413. This figure is 3% more than the ₹401 issue price on the BSE. The Ceigall India share price was listed at ₹419 on the NSE, resulting in somewhat larger listing gains of 4.5%. Individuals can register for the Ceigall India IPO on August 1, 2024. … Read more
RBI Monetary Policy: With Q2 inflation at 4.4%, Q3 inflation at 4.7%, Q4 inflation at 4.3%, and Q1FY26 inflation at 4.4%, the Reserve Bank of India (RBI) kept its 4.5% inflation forecast for FY2025. Shaktikanta Das, the governor of the RBI, stated today that the risks are evenly distributed. According to Das, stronger-than-anticipated inflation caused … Read more
The Securities and Exchange Board of India, the market regulator, has released a consultation paper aimed at addressing the regulatory arbitrage available to foreign investors investing directly in India through registration as a Foreign Portfolio Investor or its sub-accounts, and those investing through overseas derivatives instruments, also known as participatory notes. An offshore derivative instrument, … Read more
Tuesday saw a 1% increase in the S&P 500 and Nasdaq as investors returned to the market after a sharp sell-off. Concerns of a recession have subsided as a result of recent remarks made by Federal Reserve officials, encouraging hope. Despite all three of the main stock indexes pulling down at the end of trade … Read more
The prominent deputy governor of the Bank of Japan downplayed the likelihood of a short-term increase in borrowing costs by stating on Wednesday that the central bank will not raise interest rates when markets are erratic. The BOJ unexpectedly raised interest rates last week, and Governor Kazuo Ueda’s hawkish statements were in stark contrast to … Read more
Even if the primary indices were having difficulty rebounding from a large decline in the previous session, Indian textile stocks saw a sharp increase in trading on Tuesday. Investor confidence that the ongoing crisis in Bangladesh may cause foreign purchasers to refocus their attention on other countries, including India, which has a substantial presence in … Read more
Uber Technologies Inc.’s shares shot up more than 9% on Tuesday on the release of the company’s second-quarter earnings report, which exceeded expectations. Uber Technologies’ stock was trading at $64.15, up $5.66 or 9.69%, at 12:47 p.m. EDT. Uber’s second-quarter results above Wall Street forecasts due to consistent demand for its food delivery and ride-sharing … Read more
