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Read more on the risk for the current valuation cycle, what’s sweetening PSU stocks’ outlook and ESG plays in this week’s edition of ‘Long & Short of Markets’.

"In terms of price ... it is for the first time it has been impacted on the cost side. The cost increase is also because of availability of coal mix," the CEO said when asked about the impact of coal shortage on the company.

Rahul Shah on which new IPO could be a likely winner

Updated at : 2021-10-24 17:20:01

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There could be good listing gains in Nykaa. So one should look at Nykaa IPO which is coming up and later on Paytm IPO which could be the next big bang on the Street

In this edition of Tweet Buster, we sift through the world of 280 characters to bring out the best of gyaan from market mavens to help you make money in a volatile market.

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While the nation’s benchmark share index has dropped about 4% since the drama was released in mid September, dozens of stocks in the vibrant entertainment sector spanning K-pop bands to cinema have gone into overdrive.

Is this the era of the retail investor?

Updated at : 2021-10-24 14:20:01

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The result is that the Indian stock market is now dominated by retail investors. The NSE alone saw retail investors share grow from 33% in 2016 to 45% in 2021. The interest isn’t abating either, with monthly registration of new investors increasing to an all-time high of 1.5 million in June 2021.

Profit booking in blue-chip stocks after a recent rally also weighed down benchmark indices with the BSE Sensex slipping 0.79 per cent to 60.821.62 during the week. The BSE midcap index lost 4.24 per cent to settle at 25,566.64 while the smallcap index shed 5.21 per cent to close at 28,336.31 per cent.

Greaves Electric Mobility on Saturday said it has fully acquired Bestway Agencies Pvt Ltd (BAPL) which sells e-rickshaws under the ELE brand. The company, which is the e-mobility arm of Greaves Cotton Ltd, has acquired 100 per cent stake in BAPL.

The deal size could be around Rs 100-150 crore and the potential acquisition could bring in incremental revenues of Rs 200-300 crore and many international markets access. The acquisition is likely to be funded from the internal accruals and debt, if need arises, added people.

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The eNaira, which took several years to develop, will “make financial transactions easier and seamless for every strata of the society,” the Central Bank of Nigeria said in emailed statement on Saturday. The digital currency will complement the physical naira.

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