Shares of Bajaj Auto Ltd fell 3.5 percent to Rs 8,702 on April 19 as brokerages worried over the stock price outpacing their target prices and shared their concern over expensive valuations.Despite delivering a robust financial performance for Q4 FY24 and surpassing the Street estimates, the company faced downward pressure on its shares.As of 11 am, Bajaj Auto shares were trading 3 percent lower a...

Shares of Creative Graphics Solutions are listed at Rs 175 on the NSE SME platform, a premium of 106 percent over the issue price of Rs 85.The debut, however, fell short of expectations, as the stock was trading at a premium of 77.65 percent in the grey market which refers to unofficial, over-the-counter (OTC) transactions in a security before listing on the exchanges.The Rs 54.40-crore IPO was su...

Adani Group eyes $1 billion in foreign currency bonds for expansion, It Was reported on February 28 that the Adani group has embarked on a series of overseas roadshows for bondholders to bolster investor confidence around its businesses before fresh bond sales.Adani Group is in advanced talks with investors to raise as much as $1 billion through foreign currency bonds for three group entities: gro...

Volatile Bitcoin falls from record high as crypto frenzy hits pause, Bitcoin fell more than 5% in the Asian session to bottom at $66,629.96, before paring some of its losses to last trade 3.5% lower.Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a record high and as another upside surprise on U.S. inflation dimmed prospects of early rate cuts ...

Bitcoin market cap crosses $1 trillion as buyers flood in, Bitcoin's price reached as high as $52,079 on Wednesday, its latest 25-month high. It was last up 4.29% at $51,690, taking the token's market cap to $1.013 trillion according to price platform Coingecko.The total value invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitc...

With 2022 headed towards its end, investors seem to wonder what lies in the 2023 version of cryptocurrency market. It is believed that market analysts expect 2023 to drive global adoption of Web3.0, cryptocurrencies, and other underlying technologies. According to Shufti Pro, a software company, major events which impacted the cryptocurrency market in 2022 include Bitcoin and Ethereum losing over...

As we transit towards digital economy, it is expected that the international monetary system will go through a transformation through the concept of Central Bank Digital Currency (CBDC). Market analysts believe that CBDCs can pave the way for global financial inclusion. Further it can also support payment mechanisms at the the time of global emergencies.According to the Reserve Bank of India (RBI)...

The technique to utilise computer programmes (crypto trading bots) to buy and sell digital currencies on one’s behalf is known as automated crypto trading, also known as automated cryptocurrency trading. The majority of automated crypto trading platforms are application program interfaces (APIs). Furthermore, more recent crypto bots use smart contracts and function directly on the blockchain. In...

After Delhi Chief Minister Arvind Kejriwal’s appeal to Prime Minister Narendra Modi to have images of Lord Ganesha and Goddess Lakshmi on currency notes, Aam Aadmi Party (AAP) leaders backed Kejriwal’s statement.Speaking at a press conference, AAP MLA Atishi said that she appeals to the Bharatiya Janata Party (BJP) not to oppose the proposal by the Delhi CM.“I want to say with folded ha...

Lately, much has been going around in the market of digital currency. The incessant debates on cryptocurrencies are leaving global users in an abyss, where there are no explanations and only predictions. Cryptocurrency holds a unique position in India. The country has the highest number of crypto owners in the world, with the US at a distant second. While individuals, especially millennials in Ind...