October 20th, 2018Investing in stocks is a risky job and often people are confused about which stock to choose while they invest a sum. The market since the start of the year 2017 had been very strong with the Nifty registering a 35 percent growth. However, some of the players wiped out of in last 2 months. The index shed more than 10 percent in 2 months...
October 18th, 2018Indian internet and e-commerce conglomerate Infibeam which is one of the most important companies in the country has lost 71 percent of its market value on a single day after a WhatsApp message circulating among traders raised issues about the e-commerce company’s accounting practices.
The stock of the company collapsed as much as...
August 31st, 2018In the past few months, we have been witnessing various companies that went public and entered the stock market. What actually is a stock? Well, the capital raised by a company or corporation through the issue and subscription of shares is known as stock.
When a company lists itself on the stock market, it can raise funds from the...
February 14th, 2018Multi-national financial institution, Punjab National Bank on Wednesday quoted that it had detected some unauthorised and fraudulent transactions worth $1.77 billion(11400 crore) in one of its branches in Mumbai.
Because of the incident, the bank's share price slipped to 9.7 percent within a day. India's second biggest state lender...
June 2nd, 2016SoftBank Group said on Tuesday it would sell at least $7.9 billion of shares in Alibaba to cut the Japanese company's debt. It said it would remain Alibaba's largest shareholder after the sale.
Singapore state funds bought $1 billion of shares in Chinese e-commerce company Alibaba Group Holding Ltd as part of an $8.9 billion sale by...
December 23rd, 2015Shares of India's biggest diagnostic chain Dr Lal PathLabs listed with a strong premium of almost 31% over the issue price of Rs 550 on Tuesday.
On BSE, Dr Lal's stock opened at Rs 717, up 30.36% as against the issue price. Within minutes of trade, it touched a high of Rs 747 and a low of Rs 715.50. The stock listed at Rs 720, a...
November 22nd, 2015Alibaba performed insanely well during its Singles Day shopping festival on November 11th bringing in RMB 92.1 billion (USD 14 billion) in sales revenue. Despite this, Alibaba’s stock price dropped from 81.43 on November 10th to 75.85 on November 15th.
Why didn’t remarkable sales performance equate with a boost in...
