Adani Group’s market capitalisation has fallen over 60% in the past one month, moving near Hindenburg Research’s target of 85% downside. The US-based short-seller published a report on January 24, named ‘Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History’, which led to the downfall of Adani Group […]
The euro was on track for its biggest one-day drop since September as German inflation eased in December, while the dollar rose to a two-week high with focus turning to the Federal Reserve’s minutes from the December meeting. The euro was last down around 1.3% against the dollar at $1.0526, its lowest level since Dec. […]
By Sameet Chavan Previous week’s smart recovery was followed by a positive start on Monday. The Nifty 50 index managed to extend gains towards 16900 on the same day itself. However, due to some nervousness at higher levels, markets witnessed a sharp profit booking on the subsequent day to snap all gains. Fortunately, it was […]
Global Surfaces shares listed at 17% premium over IPO price on NSE and BSE amid a negative domestic market. The share debuted at Rs 164 on the NSE, as compared to the issue price of Rs 140. The scrip touched a high of 23% at Rs 172.2. A positive listing was expected as ahead of […]
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