Indian Commodity Exchange ceases to be recognised bourse: Sebi

Indian Commodity Exchange ceases to be recognised bourse: Sebi

Capital markets regulator Sebi on Tuesday derecognised Indian Commodity Exchange Ltd saying the bourse does not have sufficient number of experienced staff and requisite financial capacity. Consequently, “ICEX shall cease to be a recognised stock exchange,” Sebi said in an order. ICEX (Indian Commodity Exchange) was recognised as an exchange under forward contracts through a […]

Be very cautious now, market lacks leadership: Ajay Bagga

Be very cautious now, market lacks leadership: Ajay Bagga

“I have been cautious for the last eight weeks. I would still remain cautious. There is no silver lining right now. This period has to be gone through. The good thing is in India at least the economic dynamics are good,” says market expert Ajay Bagga. How would you characterise the week gone by? There […]

Bull vs bear: Top 5 triggers that may dictate stock market this week

Bull vs bear: Top 5 triggers that may dictate stock market this week

Bull vs bear: Following the rout in the US markets, Indian stock market fell sharply on Friday. As per the stock market experts, extremely fragile due to the entrenched inflation and the possibility of harsh measures by the central banks to tame the same, further other factors like geopolitical tensions, stagflation risk, and global economic […]

Jindal Worldwide stock soars ~3% on acquisition of Mumbai-based Earth Energy EV

Jindal Worldwide stock soars ~3% on acquisition of Mumbai-based Earth Energy EV

Jindal Worldwide has acquired Mumbai-based electric vehicle start-up Earth Energy EV through its subsidiary Jindal Mobilitric. In addition, Jindal Mobilitric will set up a new manufacturing plant in Ahmedabad which will supplement the existing Earth Energy manufacturing facility in Maharashtra. Accordingly, the acquisition will see Jindal Mobilitric take over the indigenously developed technology platform as […]

sensex Today: Stock Market Crash Live Updates: Sensex plunges 1,000 points, Nifty below 16,400; Zomato tanks over 5%, hits new all-time low – The Economic Times

sensex Today: Stock Market Crash Live Updates: Sensex plunges 1,000 points, Nifty below 16,400; Zomato tanks over 5%, hits new all-time low – The Economic Times

Recently, the stock registered a fresh all-time high of Rs 2,856.15 but due to weak market conditions, it corrected sharply. On last Thursday, the stock broke the short-term support level of Rs 2,680 and after a long time, it closed below the 20-day SMA which is broadly negative. For traders, now the 20-day SMA or […]