Thu, Feb 1, 2024 10:27 AM
Budget to budget: Mcap of BSE-listed companies jumps 41%
A Flip by Shubhangi Gupta
Bitcoin has surged to a new all-time high above $108K up 148% year-to-date, but may be overheating, making Cardano and Litecoin affordable alternatives with potential upside. Cardano has had a strong post-election rally, still trading 66% below its all-time high, and could benefit from a spot ETF launch in 2025. Litecoin, also trading below its all-time high, may be poised for a spot ETF debut.
Open Flip
The IPO of Dam Capital Advisors Ltd opened for public subscription on December 19 and will close on December 23. The DAM Capital Advisors IPO has received decent demand, with a subscription status of 6.98 times so far, and a grey market premium of ₹161 per share, indicating a potential 57% return. The IPO is priced at ₹269-283 per share and closes on December 23.
Open Flip
Nvidia CEO Jensen Huang at the Nvidia AI Summit Japan in Tokyo, Japan, on Nov. 13, 2024 Key Takeaways It’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs. Most analysts expect more gains ahead, with demand for Nvidia’s latest chips continuing to outpace supply.
Open Flip
