Stocks
- India
PIL in SC seeks prosecution of short sellers for ‘artificial’ crashing of Adani Group’s stock value
New Delhi: A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US,…
- Stock Market
IT stocks at crossroads, says Kotak Securities report
Chennai: Information technology (IT) stocks are at crossroads with valuations declining, but this seems to be fair given the demand slowdown, Kotak Securities Ltd in a sectoral research report. According to the…
- Business
Tesla stock tanks to its lowest, Musk blames macroeconomic conditions
San Francisco: Electric car company Tesla’s shares tumbled further to around $137 apiece, its lowest ever, as Elon Musk on Wednesday again blamed global macroeconomic conditions. Tesla’s stock has plunged dramatically since…
- Pakistan
Pakistan’s total external debt stocks by 2021 stood at USD 130.43 billion: World Bank
Islamabad: The World Bank has estimated Pakistan’s total external debt stocks stood at USD 130.433 billion by end-2021 in comparison to USD 115.695 by the end-2020, Business Recorder, reported. In its latest…
- Stock Market
Sensex rebounds after 3 days of fall as RIL, IT stocks spurt
Mumbai: Equity indices staged a pullback on Tuesday after three days of declines as investors scooped up IT, metal and consumption stocks amid a largely positive trend overseas. A recovery in the…
- Delhi
PSB stocks on 52-week high riding on record profits, double-digit loan growth
Delhi: Public sector bank stocks have rallied more than 25 per cent post their stellar Q2 financial results with net profit jumping by 50 per cent. Union Bank of India stock price…
- Business
Sensex rises 248 points to close at lifetime high; Nifty above 18,400
Mumbai: Market benchmark Sensex climbed 248 points to close at its all-time high of 61,872 on Tuesday, propped up by robust fag-end buying in banking and energy stocks amid a positive trend…
- Business
Rupee strengthens slightly, stocks steady as inflation moderates
New Delhi: Indian stocks traded largely steady with positive bias on Tuesday morning as data showed retail and wholesale inflation in the country somewhat moderated last month. Retail inflation moderated to a…
- Automobile
Kia union approves tentative 2022 wage deal amid chip shortage
Seoul: Unionised workers at Kia have tentatively agreed to a wage deal for 2022 amid the extended chip shortage and COVID-19 pandemic, the company has said. Kia’s 30,000-strong union tentatively accepted the…