Small-cap stock in focus: GRM Overseas shares are one of those small-cap stocks that have been in uptrend since early morning deals. GRM Overseas share price today opened upside at ₹143.40 per share on NSE and soon gathered upside momentum after the exchange filing news signaling a fresh order worth ₹46.50 crore. GRM Overseas share price continues to scale upside and touch an intraday high.
Open FlipHealth and fitness firm HealthifyMe, commonly known as Healthify, has laid off 150 employees as part of its restructuring exercise. According to Inc 42, Healthify co-founder and CEO Tushar Vashist said that the move was aimed at making Healthify's India business profitable and expanding its presence in the US market.
Open Flip📌SBI's stock price gained 2.95%, and open int saw a rise of 0.51%. 📌Zee Entertainment Enterprises price surged 3.05%, and open interest saw an increase of 0.49%. 📌Axis Bank rose 2.59%, and the open interest saw an increase of 1.88%. 📌Cummins India's stock rose 2.56%, and the open interest saw an increase of 1.59%. 📌IndusInd Bank price jumped 2.29%, and open interest saw an increase of 2.14%.
Open FlipTech billionaire Elon Musk's social media platform, X, formerly Twitter, is testing a major design overhaul in recent history, offering a new way to like and repost. What Happened: Christopher Stanley, X's senior director of security engineering posted a video of an upcoming major overhaul of the social media app that tries to pack more posts on the screen.
Open FlipGold has long been the go-to asset during times of financial uncertainty. If you have a queasy feeling in the pit of your stomach about what's going to happen next, you buy gold. So is it really possible that buying crypto -- an asset famous for its volatility -- could be a way to risk-proof your portfolio? Billionaire hedge fund investor Paul Tudor Jones thinks so.
Open FlipThe United Arab Emirates’ (UAE) energy minister, Suhail Al Mazrouei, has expressed his support for JPMorgan’s recent cautionary stance on the global energy transition. What Happened: Al Mazrouei, stated that JPMorgan’s call for a “reality check” on the world’s energy transition is a “sensible” approach, while speaking with CNBC, in Riyadh, Saudi Arabia on the sidelines of the World Economic Forum.
Open FlipBitcoin’s bull market may have ended at the recent record high of over $73,000, veteran chart analyst Peter Brandt said. Brandt said that bitcoin's recent price high of near $74K has already topped according to historical data. Peter Brandt, veteran chart analyst and CEO of Factor LLC, who was previously uber-bullish on bitcoin {{BTC}}, has switched sides.
Open Flip2024 has been a testament to the resilience of stocks. Despite concerns about lingering inflation, soaring treasury yields, and the Federal Reserve's rate-cutting plans, the S&P 500 has gained a commendable 7.4% this year. However, this situation has created a cognitive dissonance of sorts. Namely, stocks have become expensive, on balance, relative to corporate earnings.
Open FlipMeme coins like Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) don't perform like stocks, or even like other cryptocurrencies like Bitcoin. A lot of the time, new developments that most investors in stocks would interpret as bad news aren't actually so bad.In fact, in some cases what would be considered red flags for a stock end up being green flags, with higher prices often following.
Open FlipSouth Africa recently put in place a licensing regime for crypto with plans to hand out 60 licenses in the coming weeks. Members of the crypto community don't think that politics will jeopardize the country's plans for the digital asset sector. South Africa's upcoming election isn't expected to derail the country's agenda for digital assets, several members of the crypto community told CoinDesk.
Open FlipThe government is committed to offloading its stake in Vedanta group firm Hindustan Zinc through offer for sale (OFS) and will take the decision on this after testing the market, mines secretary V L Kantha Rao said on Monday. The government, the largest minority shareholder in Hindustan Zinc, owns a 29.54 per cent stake in the company.
Open FlipEV giant Tesla Inc TSLA is planning a Cybertruck tour in Europe after taking the stainless steel truck for a spin around China earlier this year. The vehicle, however, is not for sale in either of these geographies. What Happened: Tesla on Sunday shared a short video teasing a tour starting April 30 across the European cities of London, Berlin, Venice, Barcelona, Prague, and Amsterdam.
Open FlipFollowing an almost 76 percent rise in the stock in the last 1 year, domestic brokerage house Axis Securities has picked auto major Hero MotoCorp as its 'top pick of the week'. This is on the back of new product rollout, improvement in two-wheeler (2W) business, robust margin trajectory, and rural recovery. The brokerage has a ‘buy’ call on the stock with a target price of ₹4,935.
Open FlipFrom Rs 80 to Rs 220.85 per share, the stock gave multibagger returns of 176 per cent. Along with the market in green, shares of Man Infraconstruction Ltd (MICL) gained 5.54 per cent to Rs 220.85 per share from its previous closing of Rs 209.25. The shares of the company saw a spurt in volume by more than 2.53 times on BSE.
Open FlipTata Power shares extended its winning streak for a third straight session on Monday and touched an intraday high of ₹447.65 per share on NSE, logging an intraday high of 2.50 percent showing a slow and steady upside movement. However, while climbing to its intraday high, the Tata Group stock touched a new lifetime high on Monday. According to stock market experts, the market is betting high.
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