Stock Market

Share Market Touches New High Ahead Of Election

Share Market Touches New High Ahead Of Election

For the first time ever, the market cap of listed companies touched a new high of USD 5 trillion before the elections in intraday trade.  It took merely 6 months to reach this milestone of USD 5 trillion in May from USD 4 trillion in November 2023. As per Fortune India, this growth is driven…

Bharti Hexacom IPO: Issue Date, Lot Size And Price Band

Bharti Hexacom IPO: Issue Date, Lot Size And Price Band

A subsidiary of one of India’s top telecom service providers, Bharti Hexacom, is said to launch its IPO in the coming month. The opening date of the IPO is April 3, and it will close on April 5.  The size of the IPO is estimated to be around Rs 4,275 crore. The bidding for anchor…

SEBI Bans ‘Baap Of Chart’, Orders Him To Pay ₹17 Crore

SEBI Bans ‘Baap Of Chart’, Orders Him To Pay ₹17 Crore

In a recent development, the Security Exchange Board of India (SEBI) has banned social media influencer, Mohammad Nasiruddin Ansari from trading in securities. Mohammad Ansari is a social media influencer who goes by the name of ‘Baap Of Chart’. He used to offer trading advice to people on X (formerly known as Twitter).  On top…

Akshata Murty To Earn ₹70 Crore From Dividend Income

Akshata Murty To Earn ₹70 Crore From Dividend Income

While declaring their 2023 Q2 results, Infosys has announced that it will be paying its shareholders dividend at the price of ₹18. One of its biggest shareholders is Britain’s First Lady, Akshata Murty who is expected to earn 70 crore from the dividend income. The record date for the dividend will be 25 Oct 2023,…

What Is Employee Stock Ownership Plan- How do they work?

What Is Employee Stock Ownership Plan- How do they work?

Many companies in India and around the world offer Employee Stock Ownership Plans as a gesture or a token of appreciation and it also benefits their employee. On top of that it makes the employees and company interests more aligned. This begs the question, what are ESOPs, why do companies offer them to their employees…

Adani Group Stocks Rise By 19% After SC Panel’s Clean Chit

Adani Group Stocks Rise By 19% After SC Panel’s Clean Chit

On Monday, Adani Group Share price surged after getting a clean chit from the SC panel in the stock manipulation alleged by the Hindenburg. It was the best session for the Adani Group when all its listed firms added around $10 billion to their market valuation. Four months after the Hindenburg report, it is the…

BYJU’s Co-Founder Divya Gokulnath Confirms Aakash Upcoming $1 Billion IPO

BYJU’s Co-Founder Divya Gokulnath Confirms Aakash Upcoming $1 Billion IPO

BYJU’s planning to bring the Initial Public Offering(IPO) of its subsidiary Aakash Educational Services. It was acquired by BYJU’s for $1 Billion in 2021. Divya Gokulnath, co-founder of BYJU’s confirms that they are preparing to launch the Aakash IPO at the massive valuation of $3.5 to $4 Billion. The upcoming IPO is expected to be…

FPI’s Investment Value In Indian Equities Drops Majorly

FPI’s Investment Value In Indian Equities Drops Majorly

The value of Foreign Portfolio Investment (FPI) holdings in Indian equities dropped by 11% and reached $584 billion at the end of December 2022, according to the Morningstar report. The holdings were largely on low returns given by the Indian equities and the exodus of foreign money from the domestic stock market. The value of…

The Best Business Newspaper In India For Latest Update

The Best Business Newspaper In India For Latest Update

Every shareholder and businessman needs to stay updated with the latest update on the stock market. Missing one key information, big corporate announcements, new deals, and other information such as frauds, scams, and allegations can change the entire game. But how will you stay updated with the current happenings in the stock market? A simple…

Why Should Investors Expect Recession in 2023?

Why Should Investors Expect Recession in 2023?

Investors should expect a recession in 2023 ━ Jason Trennert, CEO of Strategas Securities, a capital market company, said in an interview. He says there are very few instances in which the inflation rate got something like 8 per cent or 9 per cent where the FED (Federal Reserve System) was able to bring it…