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Investing

Bitcoin current price nears $90,000: What traders need to know?

Now that the bitcoin current price has risen to over $82,000, the investors’ eyes have set on that elusive break through to the all-important $90,000 level. Luckily for them, the big issue blocking the cryptocurrency price from notching this win happens to be market makers. Market makers are entities that provide liquidity by taking advantage

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Investing

Tata Trent Q2 results see massive hike in net profit, yet below market expectations

The Trent Q2 results were declared on Thursday, where revenue and profit have witnessed a noticeable hike. However, it failed to meet the market’s hopes and dropped its share price by 8%. Tata Group’s Trent Ltd., recently included in Nifty 50, has clocked a 39% hike in revenue. It has hiked the revenue to ₹4,157

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Investing

Tata Steel Q2 results: Steelmakers post a massive profit of ₹833.45 crore

Tata Steel Q2 Results see a net profit at ₹833.45 crore against net loss of ₹6,196.24 crore which was reported a year ago. Tata Steel said that after market close on Wednesday, it had strategically recovered during Q2 and the shares went up 0.85% to ₹153.60. Declining Revenue from Operations Revenues from operations fell by

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Investing

IPO of Reliance Industries may be delayed: Here is when it will make its market debut

According to recent reports, the widely-awaited retail IPO of Reliance Industries may be delayed, but its IPO for its telecom unit, Jio, is expected to hit the market next year. According to people close to the matter, billionaire owner Mukesh Ambani of Reliance Industries plans to make a splash with a market debut when he

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Investing

Reliance share price update: RIL shares see big drop in Indian market

In today’s Reliance share price update, RIL witnessed a fall in its stock and closed at ₹1,332.05, a 0.89% decline from the previous ₹1,343.90. The change is indicative of persistent investor worries and market volatilities. However, RIL has continued to be one of the biggest players in the Indian stock market, mainly due to its

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Investing

Nita Ambani told Mukesh Ambani to say this to Nvidia CEO

Nvidia CEO Jensen Huang and Reliance Industries Chairman Mukesh Ambani appeared on stage together in Mumbai for the recent AI summit that had announced ambitious AI partnership in India. This alliance is under a plan for developing cutting-edge AI infrastructure along with massive expansion of technology penetration across the country. However, before the details could

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Investing

5 Reasons Why Indian Stock Market is Falling Today

The stock market fell by a significant margin on October 25, with benchmark indices Sensex and Nifty seeing severe falls. While the Sensex lost 663 points and the Nifty fell by 219 points, the overall capitalization of the market tumbled by nearly ₹6 lakh crore in a single day. Not one, but various factors are

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Investing

IndusInd Bank shares crash as Indian security market sees bearish trend

Indian markets fell on Friday marking its fourth straight week of red. Although the overall dominant factor which weighed the most was the sharp fall as prices of IndusInd Bank shares crash. This blow saw a heavy fall across private lenders, badly disappointing quarterly numbers for IndusInd Bank and NTPC seemed to wilt investor sentiment,

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Investing

Waaree Energies IPO allotment date revealed: How to check online status?

There seems to be a strong possibility that the allotment of Waaree Energies’ IPO will be declared on Friday, 24 October. Notably, IPO ended its subscription period yesterday, 23 October. It was one awaited public issue and a fantastic demand was seen. Now, applicants can view their allotment status for this IPO online via its

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Investing

Ambuja to acquire Orient Cement in a whopping ₹8,100 crore deal

Ambuja Cements, an Adani Group, said that it had decided to acquire a 46.8% stake in Orient Cement in an all-cash deal worth ₹8,100 crore, to be executed at a price of ₹395.40 per share and valuing $4.8 per share. The development has been showcased through a regulatory filing on October 22, marking this move

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