According to Coinmarketcap, the Mcap of the token slumped from around $40 billion to around $6 million during the last seven days.
Luna’s downfall started when its sister token UST was 'depegged' from its $1 value as big investors started dumping it.
European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A news in the mining sector powered Britain's FTSE 100 to fresh highs. The pan-European STOXX 600 index dipped 0.24% by 0745 GMT, hurt by losses in food and beverage and industrial good sectors.
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Anant Raj has reported a growth of 73.43 per cent in its net consolidated profit during the quarter ended March 31, 2024. Its profit after tax stood at Rs 84.01 crore in Q4 FY24 as against Rs 48.44 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at Rs 453.12 crore.
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✅ Amid positive global cues, benchmark indices closed on a positive note today. 📢 At 3:30 PM, the Sensex improved by 486.50 points or 0.66% at 74,339.74, and the Nifty was up 167.95 points or 0.75% at 22,570.35. 📊Among sectoral, Nifty PSU Bank(⬆️3.77%) turned out to be the best performer while Nifty IT (⬇️0.33%) saw considerable selling.
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