Stock market today: Despite heavy selloff at key benchmark indices for last two weeks, some small-cap stocks have managed to generate alpha return to its shareholders. While some of them managed to enter the list of multibagger stocks in 2022, some of them have delivered stellar return in few sessions. Bhakti Gems and Jewellery shares are one of them. In last 6 trade sessions, this fashion stock h...

Are investors starting to lose faith in India's new-generation IT firms?It certainly appears to be true. The last few days have been the most difficult for all listed start-ups on the bourses.Shares of well-known brands like Paytm, Zomato, Nykaa, Policybazaar (PB Fintech), CarTrade Tech, and many more were under pressure in the recent stock market meltdown.In the last six days, the Sensex has lost...

Zomato share price has corrected 30% in year-to-date as compared to over 1 percent fall in Nifty. This sharp correction, as per JPMorgan provides an opportunity to reassess its view on the stock. It views Zomato as compelling post the recent correction in contrast to its strong execution and has upgraded rating from underweight to overweight.“We turn more constructive, as our alt-data analysis o...

Indian stocks are facing the longest run of foreign outflows in five years, an exodus that’s stalling the market’s steady surge from pandemic lows in March 2020.Foreign institutional investors have been net sellers every month since September, dumping $7.9 billion worth of local shares since. The four-month streak of withdrawals is set to be the longest since January 2017, data compiled by Blo...

Union Budget 2022 LIVE Updates: The Union Budget is the annual report of India as a country. It contains the government of India's revenue and expenditure for the end of a particular fiscal year, which runs from April 1 to March 31. The Union Budget is the most extensive account of the government's finances, in which revenues from all sources and expenses of all activities undertaken are aggregate...

MUMBAI : India's gold consumption is expected to rise further in 2022 after jumping 79% last year as pent-up demand and an improvement in consumer confidence are seen boosting retail jewellery sales, the World Gold Council (WGC) said on Friday.Gold consumption in 2022 will likely be 800-850 tonnes versus 797.3 tonnes last year, the highest in six years, Somasundaram PR, regional chief executive of...

In cryptocurrencies, Bitcoin price today surged above $36,000 level after remaining under pressure in the previous sessions. The world's largest cryptocurrency was trading over 2.5% higher at $36,676. Bitcoin has slipped more than 20% since the start of this year (year-to-date or YTD), whereas it has nearly halved from its all-time high of $69,000 hit in November past 50%.On the other hand, Ether,...

Here is the list of the top 10 stocks that are likely to be in focus on Friday:Punjab National Bank: Punjab National Bank (PNB) on Thursday reported a two-fold jump in standalone net profit to Rs1,126.78 crore for the third quarter ended December, as bad loans marginally declined.The country's second-largest public sector lender had earned a net profit of Rs506.03 crore in the year-ago period.Howe...