Posts in category Business Standard
Stock Market LIVE: Sensex up 400 pts; Adani Group shares rally up to 3% (03-11-2023)
Stock Market Update on Friday November 03: Tata Motors, ICICI Bank, Tech Mahindra and Titan were the top gainers among the Sensex 30 shares so far.
FTX founder Bankman-Fried convicted of defrauding cryptocurrency customers (03-11-2023)
FTX founder Sam Bankman-Fried's spectacular rise and fall in the cryptocurrency industry a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.
After the monthlong trial, jurors rejected Bankman-Fried's claim during four days on the witness stand in Manhattan federal court that he never committed fraud or meant to cheat customers before FTX, once the world's second-largest crypto exchange, collapsed into bankruptcy a year ago.
His crimes caught up to him. His crimes have been exposed, Assistant US Attorney Danielle Sassoon told the jury of the onetime billionaire just before they were read the law by Judge Lewis A Kaplan and began deliberations. Sassoon said Bankman-Fried turned his customers' accounts into his personal piggy bank as up to $14 billion disappeared.
She urge
F&O Strategy: Bull Spread on NMDC for Nov expiry (03-11-2023)
Nandish Shah of HDFC Securities recommends to Buy NMDC 160 CALL and simultaneously sell 170 CALL of the November series.
Nifty Pharma index needs to breakout above 14,900 for a bullish move (03-11-2023)
According to Ravi Nathani, an independent technical analyst, the select momentum oscillators on the Nifty IT index have reached oversold zone, thus suggesting a potential rebound in the near term.
ASK sets price band; Old Bridge Capital files papers for MF offering (02-11-2023)
Old Bridge Capital Management, which received the mutual fund licence in September, has filed papers with Sebi for its first scheme
Mamaearth parent Honasa Consumer IPO subscribed nearly 7.6 times (02-11-2023)
The qualified institutional buyer portion of the issue was subscribed 11.5 times, with over 80 per cent of the bids coming from overseas investors
Markets rebound after Fed holds rates steady; Sensex rises 490 points (02-11-2023)
US bond yields retreat on signs the Federal Reserve may be done with tightening
Amfi gag on mutual fund advertisements, future return calculations (02-11-2023)
For fixed income schemes, the cap is 7.2 per cent. The maximum return used in illustrations of hybrid funds can range from 8.5 to 10 per cent
Demand for 50-year government bond seen firm from insurance firms (02-11-2023)
Rupee and bond gain post dovish stance by FOMC
Mamaearth IPO sails through amid falling GMP, low retail investor interest (02-11-2023)
At 2:20 PM, the issue was subscribed 5.6 times (5.6x) with QIB portion seeing subscription of 9.4x, followed by Employee portion at 4.34x. Retail investor portion stood at 91 per cent