Indian markets face worsening economic conditions with the Feds and RBI’s interest rate hikes. The US Federal Reserve increased its interest rates by 75 basis points on Wednesday. In the last week, RBI Governor announced the hike of interest rates by 50 bps. Fitch ratings stated that Reserve Bank would likely raise interest rates to [...]
Rajnish Wellness Ltd is a BSE-listed stock that has given multi-bagger returns to its shareholders in the past year. The shares of the company are trading at ₹197.25 as of IST: 14:06, Friday. The stock has surged from ₹4.92 per share to ₹197.60 per share giving a multi-bagger return of 3,913.21% in the last year. [...]
Cost of Cryptocurrency: Cryptocurrencies are all the rage right now. Everyone is talking about Bitcoin, Ethereum, and Litecoin. But what exactly is a cryptocurrency? And more importantly, what is the marginal cost of cryptocurrency? In this blog post, we will discuss the definition of cryptocurrencies and the marginal cost of the cryptocurrency. We will also [...]
Analysts around the world are forecasting a recession following the Fed’s steepest interest rate hike in the last 3 decades. This coupled with signals of weak consumer spending and anticipation of future rate hikes may not bode well for the economy as the Federal Reserve is aggressive toward taming inflation. There are some positive points [...]
Domestic benchmark indices are trading lower on Friday after they witnessed heavy drubbing on Thursday. The 30-share index is trading at 51251 levels, 0.47% lower than the previous day, while the 50-share index is trading at 15281 levels, down 0.52%. Overall, the indices are trading 6% lower than their levels a month ago. Analysts have [...]
The shares of SpiceJet Ltd. and Interglobe Aviation Ltd. which operates IndiGo Airlines were trading at their 52-week lows Friday morning. Both are low-cost airlines headquartered in Gurgaon, Haryana. The stock of SpiceJet was trading at ₹ 40.05 per share as of 10:25 IST, down more than 48% year to date. Its 52-week price is [...]
Photo by Art Rachen on Unsplash Crypto 101: Checklist To Follow: Despite its fascination, cryptocurrency can be a bit puzzling. However, it doesn’t end there. Cryptocurrency mining has done more to make people scratch their heads. Having just entered the mainstream with a bang, more and more people are interested in it. The cryptos attract [...]
Indian markets have witnessed a massive correction due to increasing inflation, interest rate hikes and FII pulling out their investments. The Nifty 50 has corrected 12.45 % since April 2022 and is currently trading at 15,474.00 points. In a relatively weak market, here are some stock recommendations with an upside of up to 82%. CCL [...]
Markets have been experiencing selling pressure since the start of this week as the NIFTY50 declined 460 points or more than 2.8% and was trading at 15,671 points as of 11:20 IST. Considering 1 year's performance, the index levels remain the same. While taking the year-to-date performance, the benchmark 50 stock basket has declined 11%. [...]
The government is all set to start the auction of 5G airwaves by July end. The airwaves will be auctioned for 20 years with no mandate to make upfront payments by the winners. The successful bidders will be required to pay annual instalments at the start of each year with an option to surrender the [...]
