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Latest Stock Market News

What's causing the market crash: Nischal Maheshwari

Updated at : 2022-01-25 10:20:03

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“Besides the international worries, there has been rumours about possible LTCG hike in the coming Budget and that is what has worried the market more and thrown the cat among the pigeons, leading to everybody hitting the door at the same time.”

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Bitcoin’s slump brings back memories of 2018 doldrums

"There will be an attempt to cover the entire gamut of people and therefore it will be a soft budget. It will not be a tough budget attempting to get fiscal discipline back on track."

The global crypto market cap remained flat at $1.63 trillion. However, total crypto market volume zoomed more than 53 per cent to $128.01 billion.

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“In the case of disinvestment, a lot of issues always crop up but disinvesting Air India and LIC this year itself would be a great achievement.”

The third-largest private bank in India reported a profit after tax of Rs 3,614.24 crore. The bank’s scrip rose to a high of Rs 715.60 against Rs 704.35 at the previous close on the BSE.

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Persistent Systems Ltd., incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 31075.55 Crore) operating in IT Software sector.

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In the spot market, the highest purity gold was sold at Rs 48,793 per 10 grams while silver was priced at Rs 64,422 per kg on Monday, according to the Indian Bullion and Jewellers Association.

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Kotak Institutional Equities felt the recent sharp correction in Zomato stock offers a buying opportunity.

Asian shares and U.S. futures tumbled on Tuesday after a tumultuous Wall Street session, with investors nervous about the situation in Ukraine and eyeing the U.S. Federal Reserve amid worries about a move to tighter monetary policy globally.

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