On Monday, Investors lost nearly ₹8.5 lakh crore in the worst stock market crash in 10 months. The Sensex crashed at 1,747 points and closed at 56,405. Furthermore, the Ukraine crisis triggered a global sell-off, and Sensex witnessed the worst single-day fall in ten months. The worst stock market crash in ten months According to
After the Lunar New Year holidays, Mainland China markets rose. On Monday, the markets reopened, as Asia-Pacific shares were mixed, while investors continuously monitored the Ukraine situation. Stock market after the Lunar New Year The Monday stock market saw the Shanghai composite soar 2.03% and close at 3,429.58. Furthermore, the Shenzhen component rose 0.965% to
According to MSME Minister Narayan Rane, the SRI fund will benefit 5,000 MSMEs. In May 2020, Finance Minister Nirmala Sitharaman announced it would make equity investments in MSMEs growth once the fund is operational. Furthermore, the SRI fund Fund will operate under the mother-fund and daughter-fund structure. It will also be listed on stock markets
A new report by International Monetary Fund (IMF) shows reduced rate of global economic growth at 4.4 percent, lower than its earlier prediction of 4.9 percent. The report states that the larger than expected lockdowns in United States (U.S) and China are responsible for this reduction. “We project global economic growth this year at 4.4
On Tuesday, the market stood weak as 2,273 stocks declined on the BSE. The BSE Sensex stooped to 0.90 percent to end at 60,754.86. Whereas NSE Nifty slumped by 195.05 points to 18,113.05 and Nifty midcap and smallcap 100 index fell 2.06% and 2.45%, respectively. Market stands weak while Prestige Estates surges to a lifetime
Quant small-cap fund tops performance charts with 93.78% returns in 2021. The lesser-known mutual fund has been a top runner for two consecutive years, with a 76% return in 2020. What is the reason behind Quant Small Cap Fund topping performance charts? While the reason behind the overnight success of Quant Small Cap Fund is
Are you looking for an investment that provides regular income? High paying dividend stocks can be a good choice. A dividend stock distributes a portion of the company’s earnings regularly to investors. Dividend stocks in the United States pay investors a set amount each quarter, and the top ones increase their payouts over time, giving
On Monday, Apple became the first U.S. company to hit a $3 trillion market cap. Apple’s share price briefly hit $182.86 before closing on $182.01. While Apple hitting the $3 trillion m-cap is a significant landmark, it reached the $1 trillion m-cap in August of 2018 and the $2 trillion mark in August of 2020.
Elon Musk’s Tesla stock rose to new heights after impressive EV deliveries in 2021. The stock rose to 14% to $1,199.78, giving 2022 the jump-start it needed. Tesla made record-breaking deliveries of 936,172 EV’s in 2021, and 296,850 deliveries were of Model 3 and Y. Elon Musk’s Tesla stock to jump-start 2022 with record-breaking deliveries
Named one of the most valuable real estate companies globally in 2018, China Evergrande Group has halted its shares in Hong Kong. Following a cash squeeze due to failure in debt payments to foreign investors, the company will make an announcement “containing inside information.” The company owes nearly $300 billion to investors while being ordered
