Diversifying your portfolio into multiple asset classes is one of the best & trusted ways to build long-term wealth. Often highly rewarding investments come with associated market risks. Mudrex thus enters the picture & lets you minimize risks to further grow your wealth with its expert-managed crypto baskets called Coin Sets.
Open FlipOn Sunday, private security services association providers demanded a rise in the sector's foreign direct investment (FDI) limit to 74% from the current 49%. Chairman of the CAPSI, Kunwar Vikram Singh, said that raising the FDI limit to 74% will help modernize, digitize and push the growth of the important sector which currently employs over one crore personnel.
Open FlipThe DCB Bank offers interest rates as high as 8.25% to elderlies aged 60 years and above. Apart from attractive interest rates, the bank has also revealed various benefits for these individuals. The rates are applicable on FDs below ₹ 2 crore. DCB Bank is offering 7.60% per annum interest on 700 days to senior citizens on FDs.
Open FlipGodrej Properties is acquiring land aggressively for future development and has acquired eight new projects this fiscal year with an estimated revenue potential of Rs 16,500 crore. The company is in talks with various landowners for the acquisition of land, either outrightly or by entering into joint development agreements (JDAs).
Open FlipThe OPEC+ alliance chose to preserve production at current levels, pausing to take stock of a global oil market disturbed by uncertainty over Chinese demand and Russian supply. The 23-nation group has only just executed the big 2 million barrel-a-day reduction agreed at its last gathering in October.
Open FlipFintech start-up KreditBee raised $80 million as part of its ongoing Series D round of funding from major investors like Premji Invest, Motilal Oswal Alternates, TPG-backed NewQuest Capital Partners, and Mirae Asset Ventures. The round also saw the participation of the Japanese financial institution MUFG Bank.
Open FlipAdani Group's open offer saw a subscription of nearly 32% of the media firm NDTV shares by the end of December 2. The open offer that began on November 22 is set to close on December 5, 2022. Adani's offer received nearly 53.28 lakh subscriptions of NDTV shares, 31.79% of the total offered size of over 1.67 crore equity shares.
Open FlipOn Friday, the worst-performing sectors were BSE Power, BSE Auto and BSE Utilities, all of which suffered losses of over 1%. The BSE Sensex fell 0.66% to 62,868 level at the close. The Nifty 50 index fell 0.62% to a level of 18,696. Keep an eye on the following stocks: ✔ HDFC Bank ✔ Godrej Properties ✔ One 97 Communications(Paytm)
Open FlipListing below the top 5 Small-Cap stocks which have seen the highest recovery from the 52-week low: ✅ Baroda Rayon Corporation: Up 7409% ✅ Kaiser Corporation: Up 4718% ✅ Bohra Industries: Up 3960% ✅ Shri Gang Industries & Allied Product: Up 3375% ✅ SEL Manufacturing: Up 3170%
Open FlipOn Friday, Indian equity markets closed on a weak note. Nifty 50 ended in the red territory at 18,696.1, down by 0.62%. t. Mid-Cap and Small-Cap stocks yanked the bearish broader market trend and registered decent earnings. These stocks to be in focus tomorrow: ✅ Country Condo's ✅ Yogi Infra Projects ✅ Excel Realty N Infra ✅ Maharashtra Corporation ✅ KBC Global
Open FlipThe recent round of lockdowns in China affected the availability of semiconductors tremendously. This leads to a possible production loss of around 10,000 units. Let us tell you, that there has been a gradual decline in production in the last three months. Maruti produced 152,786 units in November 2022, which is almost equal to the production in the same month last year.
Open FlipThe number of transactions per second for Solana (SOL) has surpassed 8453 TPS. Comparatively, Ethereum only manages about 30 TPS even after the merge, with the current highest TPS reaching 86.77. “Remember everybody, crypto is Darwinian. The question is, ‘Who will survive?’ The fittest always survive, and the fittest (equipped with) lower fees, highest TPS, will survive.” said an analyst.
Open FlipNTPC Green Energy Ltd., a unit of the public sector power company NTPC may find a strategic investor by March 2023. This will help the company raise Rs 3,000 crore for renewable energy projects in the country. NTPC plans to have a renewable energy capacity of 60 GW by 2032. This will be 45% of its total power generation capacity. This transaction is expected to be completed by March 2023.
Open FlipOn December 8, the standing Committee of Finance will meet to consider and adopt the draft Report on Competition (amendment) Bill 2022. According to reports, the Parliamentary Panel also called Niten Chandra, the Law Secretary, to brief them on some of the Bill's provisions on that day.
Open FlipShiba Inu currently trades at $0.000009305. In the last 24 hours, the coin moved 0.32% to the upside and went down by 2.01% in the past 7 days. The 14th largest cryptocurrency by market cap is moving in tandem with the rest of the market. The 24-hour trading volume is at $114 Million, which is a 3.05% increase in the last 24 hours.
Open Flip