Wednesday morning brings back hope for the bleeding stocks again as the bull retains its position in the Indian stock market. The bleeding Dalal Street recovered within a day from its 6 per cent fall. According to market experts, the severe fall in the stock market gave investors the opportunity to buy again. As a result, on Wednesday, June 5, the BSE Sensex and the Nifty 50 gained more than 3 per cent. The optimistic result of today’s market came as a surprise, considering the day before the stock market experienced a shock wave as the predictions of most of…
Author: Madhurai Banerjee
Madhurai Banerjee
Madhurai is a professional editor with an M.A. in English. She began her career as a writer and eventually transitioned into a content editing role. Aside from her love for writing, she is also a photographer and singer.
No one imagined that the stock market prediction of the expert would go wrong until Tuesday morning when the voting counting started at 8 a.m. The early morning voting count signalled that the NDA and Modi government may not cross 400 seats as the exit polls predicted, which led to a drastic fall in the Bombay Stock Exchange (BSE) Sensex and the National Stock Exchange (NSE) Nifty50 performance at Dalal Street since March 2020. Out of the 2889 stocks, only 703 were in green, and top-leading stocks like NTPC, SBI, PNB, L&T Power Grid, Tata Steel, and IndusInd were all…
Gautam Adani, the founder of the Adani group and the billionaire business tycoon of India, reclaims the title of the richest person in Asia, overtaking reliance head Mukesh Ambani. According to the Bloomberg Billionaire Index, Mr. Adani has been ranked as the 11th richest person in the world with a $111 bn net worth, overtaking the net worth of $109 bn of Mukhesh Ambani. The Bloomberg Billionaire Index daily measures the personal wealth of the top 500 richest people and shares its updated value after the close of trading in New York stock market. The index also declared Bernard Arnault,…
In a significant escalation of the Gaza conflict, the Israel military announced on Wednesday that its forces have taken control of the Philadelphi Corridor, a buffer zone along Gaza’s border with Egypt, asserting “operational control” over the 14-kilometre-long stretch that has been a crucial supply route for Hamas. The Philadelphi Corridor, as described by Israeli military spokesperson Daniel Hagari, has been a conduit for Hamas to smuggle weapons into Gaza. “The corridor served as an oxygen line for Hamas,” Hagari stated, emphasising the strategic importance of this area in Israel’s broader objective to weaken Hamas’s capabilities. However, the specific implications…