In October, foreign institutional investors (FIIs) pulled out a staggering $12 billion from Indian equities, surpassing the previous record set in March 2020. Yet, despite these heavy withdrawals, India’s equity indices displayed resilience, thanks to unprecedented investments by domestic institutional investors (DIIs). These domestic players stepped up in the face…
Mumbai-based non-banking financial company (NBFC) Elcid Investments made history on Tuesday, skyrocketing from ₹3.53 to ₹2,36,250 per share in a single day, leaving investors astonished. The unprecedented 6,692,535% surge has vaulted Elcid into the spotlight as India’s most expensive stock, overtaking even MRF’s ₹1.2 lakh per share. This surge means…
Nio (NIO) stock has maintained its fallen angel status as it remains deeply in the red this year. It has dropped by 38% this year, underperforming other popular Chinese electric vehicle companies like XPeng, Li Auto, and BYD. Nio has faced challenges Nio has become one of the top fallen…
Starbucks (SBUX) stock price remained in a consolidation phase as traders waited for the first quarterly earnings under Brian Niccol. After the initial surge when he was appointed in August, the stock has embraced a wait-and-see approach as investors focus on his strategy release. Two new threats have come up…
Solana price continued its strong recovery this week, soaring to a high of $180, its highest level since July 31st. It has jumped by about 65% from its lowest point in September, giving it a market capitalisation of $84 billion, and a fully diluted value of $106 billion. If Solana…
Cardano price has been left in the dust this year, as investors focused on its lagging market share across the blockchain industry and its high valuation. ADA has plunged by over 35% this year, while Bitcoin has soared by 65% and moved to its highest level on record. Cardano is…
Haleon (HLN) share price has retreated in the past few weeks, erasing some of the gains made earlier this year. Its London stock dropped to 375p, its lowest point since August 29, while its American ADR fell to $9.90, down by 7% from its highest level this year. Haleon is…
ServiceNow (NOW) has been one of the best-performing technology stocks in Wall Street, helped by its superb revenue and earnings growth. It has surged by 1,300% in the last decade, bringing its market cap to over $192 billion. It has done well since going public in 2012, when it was…
Nio (NIO) stock has maintained its fallen angel status as it remains deeply in the red this year. It has dropped by 38% this year, underperforming other popular Chinese electric vehicle companies like XPeng, Li Auto, and BYD. Nio has faced challenges Nio has become one of the top fallen…
HSBC, Europe’s largest bank, announced a $3 billion share buyback following an impressive third-quarter earnings report that exceeded analyst forecasts. This announcement, alongside a solid revenue increase, emphasizes HSBC’s robust financial standing and strategic focus on enhancing shareholder value. HSBC’s Q3 earnings HSBC’s pre-tax profit hit $8.5 billion, surpassing the…