Shares of Super Micro Computer came under severe selling pressure right from the opening bell, crashing 29% to the day’s low of $21.85 apiece — also the lowest level since…
Category: Market
Rupee vaults well past 93 per USD mark, sinks 108 paise
The Rupee recorded one of its biggest single day falls in recent times, sinking 108 paise against the US Dollar and weakening well past the 93 mark, as hardening crude…
Central Mine Planning IPO: Issue receives tepid response on Day 01, subscribed 0.07 times; GMP signals flat listing
The initial public offering (IPO) of Central Mine Planning & Design Institute Limited, an arm of state-owned Coal India, which opened for subscription today, March 20, received a muted response…
MCX gold falls over ₹12,700/10g, silver down ₹29,600/kg this week. Is safe-haven demand fading?
MCX gold and silver prices are heading for their largest weekly decline in over a month, as traders shy away from precious metals, with concerns mounting that a sharp rise…
Norges Bank sells 0.6% stake in Zee Entertainment for ₹44.4 crore
Norges Bank Investment Management sold 60.98 lakh shares, or a 0.6 per cent stake, in Zee Entertainment Enterprises Ltd at an average price of ₹72.32 on Friday, for a total…
India plans LPG imports from Russia, Japan with shipments starting mid-April
As the conflict in West Asia intensifies, throttling 60 per cent of India’s consumption, the government is scouting for cargoes of the key cooking fuel from Russia and Japan, while…
Wall Street: Dow Jones, S&P 500, Nasdaq fall as bond yields rise amid roiling energy markets
US stock indices opened lower on Friday as bond yields rose amid roiling energy markets. At the open, the Dow Jones Industrial Average fell 45.8 points, or 0.10%, to 45,975.65.…
Pilot manufacturing plant of rare earth permanent magnets set up at ARCI, Hyderabad
A Pilot Plant for the manufacture of Nd-Fe-B (Neodymium-Iron-Boron) rare earth permanent magnets is set up at the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), Hyderabad,…
IFSCA issues 60 warnings in FY26 as capital market intermediaries breach compliance norms
The International Financial Services Centres Authority (IFSCA) has issued 60 warnings to capital market intermediaries (CMIs) operating in GIFT City this fiscal year for lapses including unattended offices during business…
Nifty stages modest rebound after Thursday’s rout; Rupee hits fresh record low
closed marginally higher on Friday, staging a relief rally after Thursday’s steep sell-off, though markets pared a bulk of intraday gains as a weakening rupee and lingering geopolitical uncertainty kept…