Market News

SEBI Proposes Enhanced Disclosure Norms For Offshore Derivative Instruments

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Sebi Proposes Enhanced Disclosure Norms For Offshore Derivative Instruments

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

BOJ Won’t Raise Rates When Markets Unstable, Deputy Governor Says

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BOJ Won't Raise Rates When Markets Unstable, Deputy Governor Says

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

Textile Stocks Surge On Likely Market Share Gain

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Textile Stocks Surge On Likely Market Share Gain

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 Stock surges over 9% after Q2 results

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Uber Technologies Stock

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

Nvidia Share Price Jumps 13%, Adding Record $329 Billion in Market Value

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Nvidia Share Price Jumps 13%, Adding Record $329 Billion in Market Value

The third-most valuable corporation in the world has added a record $329 billion to its valuation, smashing the mark it established in a single day several times in the last few months. The corporation, which is currently valued at $2.9 trillion, saw a 7% sell-off wipe out more than $193 billion, and the 13% rally … Read more

Trom Industries Shares Skyrocket with a Stunning 90% Premium Over Issue Price

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Trom Industries Shares Skyrocket with a Stunning 90% Premium Over Issue Price

On August 1, Trom Industries’ NSE SME debut saw a notable spike in share price, with starting prices of ₹218.50, a stunning 90% rise over the issue price of ₹115. Bidding for the 27.28 lakh new shares issued in this book-built IPO started on July 25 and ended on July 29. Given that Trom Industries … Read more

SEBI Cracks Down: Omaxe Shares Crashes 5%, Hit Lower Circuit

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SEBI Cracks Down: Omaxe Shares Crashes 5%, Hit Lower Circuit

Following Sebi’s two-year ban on the real estate company, its chairman, the MD, and three other individuals from the securities market for falsifying the company’s financial statements, Omaxe’s shares fell five percent apiece on the bourses on Thursday. Omaxe shares fell 5% to trade at Rs 146.48 apiece, its lower circuit limit, on the National … Read more

Under-the-Radar Smallcap Stock Becomes Multibagger in Just 5 Weeks

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Under-the-Radar Smallcap Stock Becomes Multibagger in Just 5 Weeks

The volatility was increased by the rise in both the short- and long-term capital gains taxes. Up to 132 small-cap companies produced double-digit weekly returns during the course of the week, with eight of them providing returns of more than 25%. Market patterns are also anticipated to be impacted by updates on the global economy, … Read more