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MUMBAI: After publishing an explosive report on Gautam Adani’s opportunistic conglomerate two months ago, short seller Hindenburg Research has caused the Indian billionaire’s empire to feel humiliated and force itself to rethink its goals.According to insiders acquainted with the inner workings of the company, Hindenburg’s charges of significant, years-long corporate fraud at the Adani group…
Today, there was a lot of buying on the US stock market in the evening because people’s feelings about the bank crisis were getting better. The Dollar Index has stayed above 102 levels, which is good news for US dollar rates in the early morning Asian stock market session. But crude oil prices have stayed…
The basis for giving out shares in the Udayshivakumar Infra IPO has been finalised, and now everyone is looking forward to the company’s shares being listed next week. Shares of the company are expected to be listed on the stock exchanges BSE and National Stock Exchange (NSE) on Monday, April 3, 2023. Market watchers say…
Benchmark indices were up in the early going on Wednesday in Mumbai due to fresh foreign money inflows and buying in HDFC Twins.In the first round of trading, the 30-share BSE Sensex rose 218.68 points to 57,832.40. The NSE Nifty, a wider index, increased 71.5 points to 17,023.20.Mahindra & Mahindra, Hindustan Unilever, HCL Technologies, Tata…
After the company’s announcement of a share buyback programme totaling 200 crores in February 2023, shares of are now trading ex-buyback as of this Wednesday. The Symphony Ltd. board of directors set March 29, 2023, as the record date for the share buyback. At the start of the trading session, the stock was down more…
The top 10 stocks that will be the subject of today’s attention are listed below: Adani Enterprises: In response to a report that raised concerns about whether the empire has truly settled debts totaling $2.15 billion, the stock exchange has requested explanation from the flagship company of the Adani Group, Adani Enterprises Ltd. Adani Enterprises…
MUMBAI: The 10 firms that make up the Adani Group all closed the day in the red due to the day’s heavy selling of its stocks. The decline was primarily caused by reports that pension fund subscribers are also suffering losses as a result of fund managers’ exposure to Adani Enterprises and Adani Ports &…
Today’s gold rate: Due to the eased bank crisis in the US, gold prices today soared in early morning trades. On the Multi Commodities Exchange (MCX), the April 2023 gold future contract opened with an upside gap at 58,718 per 10 gm levels and later reached an intraday high of 58,742 per 10 gm. The…
Cement equities owned by Adani experienced a sharp selloff on Tuesday. Ambuja Cements and ACC stock have both decreased by about 4%. Once the Gautam Adani-backed company unveiled its vision for long-term objectives in the cement industry, Ambuja and ACC found themselves on a precarious ledge. Among its few main objectives were the conglomerate’s plans…
Today’s stock market has been trading erratically despite great hopes for a relief rally on Dalal Street following the Silicon Valley Bank (SVB) First Citizens BancShares merger. Index of 50 stocks While the BSE Sensex is trading range-bound in a 525 point range, the Nifty is trading in a tight 135 point range. The Nifty…
