Articles for category: Business

Rajiv Sharma

Stock Market Updates: Indices Open Below 80,000 Amid Ongoing Decline

Stock Market Updates: Indices Open Below 80,000 Amid Ongoing Decline

Introduction The share market serves as a crucial indicator of the economic health of a country, reflecting the performance of its various sectors. On October 23, the Indian stock market witnessed a decline as investors reacted to various economic indicators and global market trends. This article provides an overview of the current market situation, the ...

Rajiv Sharma

Dollar dominance will decrease as BRICS emphasizes de-dollarization

Dollar dominance will decrease as BRICS emphasizes de-dollarization

The BRICS nations, which include Brazil, Russia, India, China, and South Africa, are increasingly becoming pivotal players on the global economic stage. As countries like the United States and various European nations rely on these emerging economies for a variety of goods, there is a growing movement within BRICS to promote trade in their local ...

Rajiv Sharma

Silver surpasses ₹1 lakh in Delhi market, gold sets new record

Silver surpasses ₹1 lakh in Delhi market, gold sets new record

In recent days, the Delhi bullion market has witnessed significant fluctuations in precious metal prices, reflecting broader economic conditions and investor sentiments. On a notable Tuesday, gold prices surged to new heights, while silver also made impressive gains, indicating a strong demand for these valuable assets. This article delves into the recent price movements in ...

Rajiv Sharma

Adani's company receives notice from SEBI; understand the issue.

Adani’s company receives notice from SEBI; understand the issue.

The company has recently provided its financial results for the second quarter, but without offering specific details. In light of this, the company has expressed its intention to share relevant information and clarifications with regulatory and legal authorities. This article explores the implications of such statements and the importance of transparency in corporate communications. Understanding ...

Rajiv Sharma

Anil Ambani announces ₹10,000 crore investment, leading to rush in share sales and lower circuit limits.

Anil Ambani announces ₹10,000 crore investment, leading to rush in share sales and lower circuit limits.

The defense sector in India is witnessing significant investments aimed at enhancing national security and self-reliance. Among the notable players in this domain, Reliance Infrastructure has announced an ambitious plan to invest over ₹10,000 crores in the next decade. This investment is part of a broader initiative to develop the Dhirubhai Ambani Defense City (DADC) ...

Rajiv Sharma

Share drops from ₹117 to ₹8, trading suspended after continuous decline, major investor sells 22,925,000 shares.

Share drops from ₹117 to ₹8, trading suspended after continuous decline, major investor sells 22,925,000 shares.

Penny stocks are often characterized by their low price and market capitalization, attracting investors looking for high-risk, high-reward opportunities. Among them, the shares of Brightcom Group Ltd have come under scrutiny as they continue to witness a decline. Recently, a significant downturn was noted, with the stock hitting a lower circuit limit, raising concerns among ...

Rajiv Sharma

Share Market Live: sluggish start, Sensex and Nifty open in the green

Share Market Live: sluggish start, Sensex and Nifty open in the green

On October 22, the Indian stock market opened on a positive note, with investors reacting to global economic trends and domestic factors that influence market sentiments. The BSE Sensex and the NSE Nifty both began trading with slight upward movements, indicating a cautiously optimistic approach among traders. Market Opening Overview The opening statistics for the ...