Latest Stock Market News

On BSE, the stock traded at Rs 576, down nearly 4 per cent. The stock has tumbled over 13 per cent in the last two sessions.

“FPIs are concerned about potential impact on their processes around timelines and funding patterns. Sebi has wisely decided to let the invisible hand of the market players decide the best next steps. ”

“Evergrande seems like China’s Lehman moment. Reminds us of IL&FS,” Kotak said in a tweet on microblogging website Twitter.

Promoters held 60.5 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 11.25 per cent and 0.87 per cent, respectively.

The stock quoted a 52-week high price of Rs 2243.0 and a 52-week low of Rs 1182.6.

Bitcoin, the biggest and the best known cryptocurrency, traded around $43,000, recovering from a fall to $40,192 earlier in the session. It hit a four-month high of $52,000 on Sept 6.

This mining system had also created pressures miners to run only the latest, fastest, most energy-efficiency computer chips and discard older ones.

A total of 32,543 shares changed hands on the counter till 12:45PM (IST).

On the technical charts, the 200-day moving average of the stock stood at Rs 29730.36.

“The transfer of the logistics business will result in a one-time gain of Rs 2,555.77 crore for SpiceJet wiping out a substantial portion of the company’s negative net worth. SpiceJet had a negative net worth of Rs 3,300 crore as on June 30, 2021. The negative net worth will reduce to about Rs 745 crore post the transfer of the logistics business,” the airline said.