📰 Latest Economy & Stock Market News
IT companies will support higher multiples in the next few years: Chakri Lokapriya
Updated at : 2021-11-15 10:20:02

“We are going through a super cycle for IT companies, innovation is happening at a phenomenally fast pace and the immediate trigger for the Indian IT companies is software as a service (SaaS). Cloud is another big thing as is communication. ”

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Share price of PI Industries rises as Nifty strengthens
Updated at : 2021-11-15 10:20:02

A total of 10,809 shares changed hands on the counter till 10:05AM (IST).

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IPOs of ​Policybazaar, SJS Enterprises and Sigachi Industries to list today: Which one will double wealth?
Updated at : 2021-11-15 09:20:02

If grey market trends are to be believed, all the three IPOs are likely to deliver healthy listing gains on listing day today.

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Gold pulls back from 5-month peak on dollar strength
Updated at : 2021-11-15 09:20:02

Gold prices eased on Monday, pulling back from a more than five-month peak hit in the last session, as a firm dollar dimmed its appeal. Spot gold fell 0.3% to $1,857.96 per ounce by 0154 GMT, while U.S. gold futures dropped 0.4% to $1,860.50 per ounce.

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Asian shares edge higher as China data beat forecasts
Updated at : 2021-11-15 09:20:02

Asian shares edged higher on Monday as Chinese economic data surprised on the high side, challenging wagers the economy was stuck in a downturn although a decline in mainland house prices was a worry. Annual growth in retail sales and industrial output both handily beat forecasts, with the bounce in consumption a positive given pandemic restrictions.

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As crypto prices soar, cyber criminals target exchanges
Updated at : 2021-11-15 08:20:02

Top exchanges have seen a spurt in cyber attacks, many fear legal liability under the upcoming crypto bill

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RBI wants tax sops for Retail Direct Scheme investments
Updated at : 2021-11-15 08:20:02

About 20,314 accounts to own government securities have already been opened till 9 pm on Sunday after Prime Minister Narendra Modi launched the programme Friday.

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Elon Musk spars with Bernie Sanders, offers to sell more Tesla stock
Updated at : 2021-11-15 08:20:02

Elon Musk who had already offloaded a combined $6.9 billion worth of shares in Tesla as of Nov. 12, further wrote, "Want me to sell more stock, Bernie? Just say the word."

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Future Retail's independent directors ramp up attack on Amazon
Updated at : 2021-11-15 08:20:02

In their latest letter to the CCI chairman Ashok Kumar Gupta the directors quoted Amazon’s internal communications and said the US giant was initially planning to pump money directly into FRL through a proposed foreign portfolio investment.

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Stocks in the news: PB Fintech, Sigachi, Yes Bank, ONGC, Nykaa and Vodafone
Updated at : 2021-11-15 08:20:02

Rajesh Exports, Tinplate Company of India, Jai Balaji Industries, East India Securities, Prabhat Technologies Inida, PG Foils and Aditya Birla Money are among the companies that will announce their September quarter results today.

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