📰 Latest Economy & Stock Market News
Coinbase’s junk bonds show crypto really is going mainstream
Updated at : 2021-09-15 10:20:01

Demand was so high -- at least $7 billion of orders poured in -- that the crypto behemoth was able to boost the deal’s size from $1.5 billion, according to a person with knowledge of the matter.

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Buy Axis Bank, target price Rs 849: HDFC Securities
Updated at : 2021-09-15 10:20:01

Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 241711.75 Crore).

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Gold steady above $1,800 as US inflation raises doubts on Fed taper timeline
Updated at : 2021-09-15 09:20:01

Spot gold was steady at $1,802.86 per ounce, as of 0120 GMT on Wednesday, having hit a one-week peak of $1,808.50 in the previous session.

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SGX Nifty up 40 points; here's what changed for market while you were sleeping
Updated at : 2021-09-15 09:20:01

Nifty futures on the Singapore Exchange traded 39.5 points, or 0.23 per cent, higher at 17,430.50, signaling that Dalal Street was headed for a positive start on Wednesday.

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Oil prices climb after drawdown in stocks, positive demand outlook
Updated at : 2021-09-15 09:20:01

Brent crude oil rose 39 cents, or 0.5%, to $73.99 a barrel by 0133 GMT, while US West Texas Intermediate (WTI) crude climbed 44 cents, or 0.5%, to $70.90 a barrel.

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IDFC’s reverse merger with bank faces hurdles
Updated at : 2021-09-15 09:20:01

IDFC Ltd, the parent of IDFC Bank, on Tuesday indicated to investors that it faced challenges in pursuing a reverse merger with IDFC First Bank.

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Microsoft to buy back up to $60 bn in shares; names Brad Smith vice chair
Updated at : 2021-09-15 09:20:01

Microsoft said the buyback program has no expiration date and may be terminated at any time, and that it would pay a dividend of $0.62 per share - 6 cents over the previous quarter.

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MFs sold YES Bank, Vodafone Idea; tweaked stakes in these Jhunjhunwala stocks
Updated at : 2021-09-15 09:20:01

Data showed MFs held YES Bank shares worth Rs 137 crore as on August 31 compared with Rs 155 crore at the end of July. During the month, they trimmed their holding in the private lender to 15.15 crore shares from 17.67 crore shares. Retail and HNI investors owned 32.32 per cent stake in the lender at the end of the June quarter.

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Buy Alembic Pharmaceuticals, target price Rs 820: Yes Securities
Updated at : 2021-09-15 09:20:01

Alembic Pharmaceuticals Ltd., incorporated in the year 2010, is a Mid Cap company (having a market cap of Rs 15335.85 Crore) operating in Pharmaceuticals sector.

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PharmEasy acquires Aknamed in $180-$190 million stock deal
Updated at : 2021-09-15 08:20:01

The acquisition, which is similar to its purchase of Thyrocare in June, is part of the Mumbai-based company’s plans to position itself as a broader online healthcare firm, diversifying from being just an online medicine delivery platform.

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