LG Electronics Shares Rise 2% After Jefferies Initiates ‘Buy’ Call: Latest Target Price
LG Electronics India shares gained around 2% on November 25 after Jefferies initiated coverage on the newly listed stock with a ‘Buy’ rating and a target price implying strong upside…
Bitcoin Tanks 21% in November, Steepest Since June 2022 as ETF Outflows Surge
Bitcoin has suffered one of its harshest monthly declines in years, tumbling more than 21% in November and hitting a seven-month low. The world’s largest cryptocurrency has been under severe…
PPFAS’ Rajeev Thakkar Backs ‘Mag 7’, Calls China’s Cheap Stocks a Risky Trap
At a time when global investors are debating whether US technology giants are entering bubble territory, PPFAS Mutual Fund CIO Rajeev Thakkar offered a firm, data-backed defence of America’s ‘Magnificent…
IPOs Generate $38 Billion in OFS Proceeds as Promoters and Investors Cash In
India’s booming primary market has delivered extraordinary liquidity to company promoters and early investors, with Offer for Sale (OFS) accounting for nearly two-thirds of all IPO fundraising in the last…
Bitcoin Funds Set for Worst Month as Investors Yank $3.5 Billion
Bitcoin markets are under intense selling pressure this month as investors pull money out of Bitcoin-focused funds at a rapid pace. Bitcoin funds are now set for their worst month…
EPF Act Remains Operational Despite Being Repealed in New Labour Laws – Here’s Why?
The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (EPF Act) continues to remain in force even though India’s new labour codes have officially kicked in. This has raised questions…
HDFC Bank Inches Up as Macquarie’s Upbeat View Lifts Sentiment; Stock Gives Up Intraday Gains
HDFC Bank shares traded slightly higher on Monday, supported by positive commentary from global brokerage Macquarie, even as the broader banking space lost momentum in late trade. The stock was…
Sensex Settles 550 Points Lower From Day’s High, Nifty Ends Near 25,950 as Market Declines Deepen
Indian equity markets ended lower on November 24, extending their corrective phase as FII selling, profit booking, and the rupee’s weakness pulled benchmarks down from the day's highs. The decline…
Rupee at Record Low of 89.49: What This Means for Investors
The Indian rupee hit a record low of Rs 89.49 against the US dollar, triggering fresh concerns across equity markets and raising questions for investors. The sharp fall, which came…
Infosys Shares Gain After Motilal Oswal Upgrade, Brokerage Sees 39% Upside on Three Key Drivers
Infosys shares were among the top gainers on Monday, November 24, after brokerage firm Motilal Oswal upgraded the stock to a “buy” and projected a strong 39% upside from current…
