Tue, Apr 30, 2024 2:43 PM
Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC
A Flip by Avya Verma
India's Russian oil imports rose a nine-month high in April after shipments on non-sanctioned tankers operated by Russia's largest shipping company Sovcomflot resumed, tanker data obtained from shipping and trade sources showed.Refiners in India briefly stopped importing Russian oil in tankers belonging to Sovcomflot after the company's ships, along with its 14 tankers.
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Shares of PSU stock Bharat Dynamics Limited have surged a little over 46% in the last six days while rising 10% on BSE on Tuesday to a new all-time high of Rs 2,689 as the company nears its record date of the 1:2 stock split on May 24. Bharat Dynamics shares have given multibagger returns of nearly 145% in the last one year while in the last six months, the stock has gained approximately 130%.
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The Indian market has been exceptionally volatile in the month of May. After falling over 3 percent in the first half, it rebounded a bit and is now down around 0.4 percent this month. The volatility has been attributed to some concerns surrounding the election results as well as the continued foreign investor outflows. In a recent note, Kotak Alternate Asset Managers Ltd (Kotak) pointed out.
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