Markets

Facebook stocks crash, $230 billion wiped out from market; Zuckerberg behind Mukesh Ambani and Gautam Adani now

Shares opened on Thursday down 25 per cent or a crash of about $230 billion from the social media networking giant's market capitalisation.

Feb 4, 2022

Sensex slips 300 pts on profit booking after budget

The Indian equities opened lower during the early trade on Thursday due to profit booking by investors after sizable gains in past two-to-three sessions.

Feb 3, 2022

For the first time, Facebook loses daily users, ad growth declines, share price plunges by 20%

For the first time ever, Facebook has lost daily users globally, reporting lower-than-expected ad growth that sent its stock plunging nearly 20 per cent.

Feb 3, 2022

Production-Linked Incentive scheme may generate 60 lakh jobs in next 5 years: FM

The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities, said Finance Minister Nirmala Sitharaman.

Feb 1, 2022

Lord Ganesha on Budget day: The untold, unwritten custom of Finance Ministry

Every Finance Minister starts his/her Budget day with Ganesh puja at the corridors of the Finance Ministry of the North Block, offering flowers to the lord, before heading to the Parliament for budget presentation as the Budget day is the most important day for any Finance Minister which evaluates his/her performance.

Feb 1, 2022

Sensex up by 700 points as budget presentation begins; Adani Wilmar IPO subscribed 17 times

At 10:55 a.m., Sensex traded at 58,724 points, up by 710 points from the previous close, while the broader Nifty traded at 17,544 points, up 203 points

Feb 1, 2022

Central bank liquidity, not fundamentals, driving extraordinary valuations: Citibank

"If you believe that it's all about the level of stimulus and it's about markets following fundamentals, and you think there's too much liquidity in markets - and that's where most of the Citi house view is - then actually you're still probably bullish." Citibank's global markets strategist told IANS during a briefing on the bank's 2022 outlook.

Jan 31, 2022

Sensex up 800 pts ahead of tabling Economic Survey; Budget presentation tomorrow

The Economic Survey is an annual report card on the economy listing the performance of every sector and suggestions on future guidance

Jan 31, 2022

India's forex reserves fall by $678 mn for the week ending January 21

India's foreign exchange reserves fell by $678 million during the week ended January 21.

Jan 29, 2022

Substantial rise in real interest rates could cause further selloff in US stocks: IMF

A sudden and substantial rise in real interest rates, or inflation-adjusted rates, could lead to a further selloff in US stocks, particularly in highly valued sectors, the International Monetary Fund (IMF) warned.

Jan 28, 2022

Sensex, Nifty gain as value-buying starts

At 10.30 a.m., Sensex traded at 57,888 points, up 1.1 per cent or 611 points from the previous close of 57,276 points. It opened at 57,795 points. By 12:25 noon, it reached 58,048 points.

Jan 28, 2022

Sensex down, loses 978 points in just one hour

At 10.25 a.m., Sensex traded at 56,879 points, down 978 points, whereas Nifty at 16,970 points, down 307 points.

Jan 27, 2022

New "Buy Now, Pay Later" segment in equities to reach $56 billion in 4 yrs: Report

India's new feature in share markets that allows short-term financing to make immediate purchases and the credit to be paid back at a later date has transformed the markets and may reach a whoppong $56 billion by 2026, says a report by HDFC.

Jan 27, 2022

Sensex, Nifty show strength as markets recover after decline in 5 sessions

At 10 a.m., Sensex traded at 57,565 points, up 0.1 per cent from the previous close of 57,491 points, while Nifty traded at 17,188 points, up 0.2 per cent from the previous close of 17,149 points

Jan 25, 2022

Sensex, Nifty witness a sharp decline as markets open, 5th straight session in decline

This is the fifth consecutive decline in sessions for Sensex, down 1.1 per cent or 635 points on Monday at 11:30 am

Jan 24, 2022

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Markets

Facebook stocks crash, $230 billion wiped out from market; Zuckerberg behind Mukesh Ambani and Gautam Adani now

Sensex slips 300 pts on profit booking after budget

For the first time, Facebook loses daily users, ad growth declines, share price plunges by 20%

Production-Linked Incentive scheme may generate 60 lakh jobs in next 5 years: FM

Lord Ganesha on Budget day: The untold, unwritten custom of Finance Ministry

Sensex up by 700 points as budget presentation begins; Adani Wilmar IPO subscribed 17 times

Central bank liquidity, not fundamentals, driving extraordinary valuations: Citibank

Sensex up 800 pts ahead of tabling Economic Survey; Budget presentation tomorrow

India's forex reserves fall by $678 mn for the week ending January 21

Substantial rise in real interest rates could cause further selloff in US stocks: IMF

Sensex, Nifty gain as value-buying starts

Sensex down, loses 978 points in just one hour

New "Buy Now, Pay Later" segment in equities to reach $56 billion in 4 yrs: Report

Sensex, Nifty show strength as markets recover after decline in 5 sessions

Sensex, Nifty witness a sharp decline as markets open, 5th straight session in decline

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]