SEBI said that the Indian financial market as represented by Sensex and Nifty has demonstrated ongoing stability and is continuing to function in a transparent, fair and efficient manner.
"After a fully subscribed FPO, yesterday's decision of its withdrawal would have surprised many. But considering the volatility of the market seen yesterday, the board strongly felt that it would not be morally correct to proceed with the FPO," Adani said in his address to investors after
The company said in a release that given the unprecedented situation and the current market volatility, it "aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed transaction".
According to exchanges, BSE Sensex dropped 176 points to 59,781.42 while NSE Nifty 50 dipped 55 points to 17,826.45 points in morning trade on Friday. It is expected that domestic stocks might strengthen later in the session.
Demand for natural gas from price-sensitive industrial and power sectors may be limited in times of rising prices, as they switch to cheaper alternate fuels, Fitch Ratings said in a report on Tuesday.
New Delhi [India], January 5 (ANI/ATK): For most of this year, the cryptocurrency industry has been in a bear market. These are extended periods of extreme market volatility and negative prices that can affect an industry and make it difficult to perform daily activities within it.
The dramatic collapse of the trading platform FTX in 2022 seemed to have added worries among the regulators. Cryptocurrency involves risks and volatility but the market has attracted traders and investors looking to make quick profits.
Online trading platforms with easy registration and accessibility have spiked the number of investors in the domestic markets. The pattern was that the foreign investors or foreign institutional investors were selling the equities and these stocks were being bought by the domestic retail inv
According to research published by the American Psychological Association, Gig workers, waiters, salespeople, and others who depend on fluctuating earnings may be paying for wage volatility with their health.
New Delhi [India], December 8 (ANI/ATK): Meme coins are an important sector in the crypto market. In the past few years, meme coins have gained huge popularity.