EU digital wallet legislation passed by European Parliament
Thu, Mar 16, 2023 8:51 PM

EU digital wallet legislation passed by European Parliament

The EU's proposal for a digital identity framework has been approved by the European Parliament's plenary vote, with 418 in favor, 103 against, and 24 abstentions. The bill aims to protect the privacy of EU citizens using digital wallets.However, a blockchain association based in Brussels has opposed the removal of a section related to electronic ledgers from the regulation.

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Business travel to pick up in 2023: American Express survey
Thu, Mar 16, 2023 8:47 PM

Business travel to pick up in 2023: American Express survey

Corporate travel is expected to pick up as 77% of Indian companies are set to increase their travel budget in 2023. Regarding payment methods for travel expenses, the most common method used by two-thirds (66%) of companies is their company account with a third-party booking system.

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Dogecoin's worth has now surpassed that of Credit Suisse
Thu, Mar 16, 2023 8:40 PM

Dogecoin's worth has now surpassed that of Credit Suisse

Dogecoin, a satirical cryptocurrency based on Bitcoin, has surpassed Swiss banking giant Credit Suisse in terms of market capitalization, according to data from coin ranking site CoinMarketCap. Dogecoin's market value currently stands at $10 billion, while Credit Suisse's market cap has declined to $7.3 billion due to "material weaknesses" in its financial reporting controls and customer outflows.

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Kishore Biyani recalls resignation from future retail
Thu, Mar 16, 2023 8:33 PM

Kishore Biyani recalls resignation from future retail

Kishore Biyani, the founder of Future Group, has retracted his resignation as the executive chairman and director of Future Retail. The resolution professional appointed by the National Company Law Tribunal (NCLT) had objected to Biyani's resignation in January and requested that he recall it. On March 14, Biyani withdrew his resignation.

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This small-cap company received a purchase order worth Rs 7,68,16,800
Thu, Mar 16, 2023 8:25 PM

This small-cap company received a purchase order worth Rs 7,68,16,800

On Thursday, shares of Maestros Electronics & Telecommunications Systems fell 2.17% to Rs 45 per share from its previous closing of Rs 46 with an intraday high of Rs 48.89 and a low of Rs 43.25. The stock has a 52-week high of Rs 72.40 and a 52-week low of Rs 40.10. The stock has a PE of 13.23x, whereas the industry PE is 22.5x. Investors should keep an eye on this Small-Cap stock.

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Signature Bank has gone down for good
Thu, Mar 16, 2023 8:17 PM

Signature Bank has gone down for good

Crypto companies hoping to resume business with Signature Bank after it was shut down by regulators last weekend may be out of luck. The report suggests that any potential buyer of Signature Bank would have to abandon the crypto industry altogether. Signature Bank was one of the few US lenders that still conducted business with crypto companies after Silvergate Capital collapsed.

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Multibagger stock below Rs 5: Penny stock locked in the upper circuit today
Thu, Mar 16, 2023 8:10 PM

Multibagger stock below Rs 5: Penny stock locked in the upper circuit today

Today, the benchmark domestic indices ended the day high, up 0.14% at Rs 57,634.85. Shares of Sintex Plastics Technology Ltd climbed and reached the upper price band of Rs 2.18 per share after being locked in a 5% upper circuit from its previous closing of Rs 2.08. The stock has a 52-week high of Rs 8.50 and a 52-week low of Rs 1.90. The stock gave multibagger returns of 263.33% in the last 3 year

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Rajesh Gopinathan resigns as CEO and MD of TCS
Thu, Mar 16, 2023 8:09 PM

Rajesh Gopinathan resigns as CEO and MD of TCS

The Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS), Rajesh Gopinathan, has announced his resignation. TCS has disclosed in a filing to the exchange that Gopinathan's resignation will take effect from the close of business hours on September 15, 2023. K Krithivasan has been appointed as the new TCS CEO effective today, March 16.

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Adani is relieved: 3 stocks will be taken off short-term surveillance
Thu, Mar 16, 2023 7:53 PM

Adani is relieved: 3 stocks will be taken off short-term surveillance

Adani Enterprises, Adani Power, and Adani Wilmar will be pushed out of the short-term guard mechanism framework from Friday, a week after the exchanges moved into the framework. During high volatility in stocks, exchanges move them to short-term or long-term additional surveillance framework to safeguard investors from speculative trades.

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GMX token goes up by 21% in the last seven days
Thu, Mar 16, 2023 7:47 PM

GMX token goes up by 21% in the last seven days

GMX, a decentralized spot and perpetual exchange, is leading the altcoin charge this morning in an unusually bullish way. Over the past 24 hours, the digital currency has seen a 9.36% surge, and has increased by more than 21% in the trailing seven-day period. This upsurge is occurring at a time when the majority of altcoins are moving in a bearish direction in tandem with Bitcoin (BTC).

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Cardano recorded 20% growth per month in TLV
Thu, Mar 16, 2023 7:34 PM

Cardano recorded 20% growth per month in TLV

The DeFi ecosystem on the Cardano blockchain network is flourishing, as evidenced by its Total Value Locked (TVL) metrics, which have grown by 20% each month. This growth has culminated in an all-time high (ATH) in ADA on the network, surpassing the previous record. This is a clear indication of the success of the Cardano network's DeFi ecosystem.

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Day’s Movers: These stocks were among the top gainers on March 16
Thu, Mar 16, 2023 7:30 PM

Day’s Movers: These stocks were among the top gainers on March 16

On Thursday, the frontline equity indices finished higher than its previous closing. Some of the shares that surged in today's trade out of BSE Group 'A' were 📌 Jain Irrigation Systems Ltd: Shares rallied 10.90% 📌 Medplus Health Services Ltd: Shares gained 10.28% 📌 Everest Kanto Cylinder Ltd.: Shares surged 9.92%.

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Kotal Securities sees a massive 61% upside potential in this stock! 📈
Thu, Mar 16, 2023 7:30 PM

Kotal Securities sees a massive 61% upside potential in this stock! 📈

An online services stock has the potential to soar a whopping 61%, says Kotak Securities. No one would want to miss out on it! Stay ahead of the curve by subscribing to FlipItPro, where you can get instant access to top-notch trading advice from over 60+ SEBI-verified brokers on WhatsApp. Upgrade to Pro status today!

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Dow falls 200 points, regional banks drop
Thu, Mar 16, 2023 7:14 PM

Dow falls 200 points, regional banks drop

On Thursday, The Dow Jones Industrial Average fell as regional banks slid once again on growing fears of a banking crisis within the U.S. and Europe. The 30-stock index was down 222 points, or 0.7%. The S&P 500 lost 0.6%, while Nasdaq Composite plunged 0.5%.

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How will be the stock market tomorrow?
Thu, Mar 16, 2023 6:30 PM

How will be the stock market tomorrow?

The ups and downs in the stock market continued even on the day of weekly expiry. At the end of trading, the Sensex closed at 57634.84 with a gain of 78.94 points, or 0.14 %. Market experts say that there is a recovery environment in the market, in the coming time, the first resistance for Nifty is visible in the range of 17170- 17200.

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