Have a look at the  price analysis of Cardano
Sun, May 22, 2022 11:28 AM

Have a look at the price analysis of Cardano

Cardano's price analysis is indicative of the fact that the bulls are fighting tooth and nail to reverse the bearish pressure that is being exerted by the crypto market. The prices of ADA have remained in a consolidation period as the bulls faced potent rejection at the $0.628 level. At the time of publishing, Cardano was trading at the $0.524 level.

Open Flip
Have a look at stocks that moved the most last week
Sun, May 22, 2022 11:24 AM

Have a look at stocks that moved the most last week

Friday came as a sigh of relief for investors as the market broke out of the clutches of a downward spiral and ended up recovering losses. Here are some stocks that moved the most last week: 1)Welspun Corp: Its stock price spiked more than 37%; 2)Ruchi Soya Industries: Its stock price spiked 24%; 3)Dr. Lal Pathlabs: Its stock price witnessed a drop of 14%.

Open Flip
Find out why Factor Investing is better than Traditional Investing
Sun, May 22, 2022 10:55 AM

Find out why Factor Investing is better than Traditional Investing

Factor Investing is a way of investing in which an investor selects securities he wants to invest in, based on certain attributes of those securities that are indicative of higher returns. Factor investing is relatively better than the traditional form of investing because it is statistically better in terms of performance, offers more transparency, and has a higher degree of diversification.

Open Flip
Have a glance at Cryptocurrency prices today
Sun, May 22, 2022 10:29 AM

Have a glance at Cryptocurrency prices today

May 22nd has come as a relatively pleasant day for crypto investors as it was observed that a majority of cryptocurrencies logged gains today. The global crypto market cap witnessed a spike of 1.83 percent and rose to $1.26 trillion over the last day. At the time of publishing, the price of Bitcoin was $29,494.17 and that of Ethereum was $1,965.11. Both top currencies have logged losses.

Open Flip
The Mcap of 3 of top-5 valued firms witnessed a massive spike
Sun, May 22, 2022 10:24 AM

The Mcap of 3 of top-5 valued firms witnessed a massive spike

It was observed that the market capitalization of three of the top five valued firms witnessed a gain of ₹1,78,650.71 crores last week. This massive Mcap growth was spearheaded by Reliance Industries. The past week was a relatively pleasant one for investors as the benchmark BSE Sensex spiked 1,532.77 points or 2.90 percent. Tata Consultancy Services and Infosys incurred losses last week.

Open Flip
Buffett's two cents on tackling inflation
Sun, May 22, 2022 9:34 AM

Buffett's two cents on tackling inflation

Economies all over the world are suffering at the hands of rising inflation currently. The highly revered ace investor Mr. Warren Buffett has some advice on how to triumph over inflation. He, in a very simply worded suggestion, has advised people to invest in developing their skills as skills would help one brave through the torrid waters of inflation.

Open Flip
Have a look at fuel prices on May 22
Sun, May 22, 2022 9:28 AM

Have a look at fuel prices on May 22

In a pleasant development, the government has slashed the excise duty on petrol by a whopping Rs8 per litre and the excise duty on diesel has been reduced by Rs 6per litre. The aforementioned duty cuts would result in a Rs9.5/L reduction in the price of Petrol and a Rs7/L reduction in the price of diesel. The prices of Petrol and diesel in Delhi stand at Rs95.91/L & Rs89.67/L respectively.

Open Flip
Salil Parekh reappointed as Infosys boss
Sun, May 22, 2022 9:21 AM

Salil Parekh reappointed as Infosys boss

Infosys, India’s second-largest software firm on Sunday revealed that its board has enacted the reappointment of Salil Parekh as managing director and chief executive officer for five more years. His new tenure will start in July. Parekh held a key position on the executive board of Capgemini, where he served for 25 years.

Open Flip
Hyundai Motor Group has plans of investing $5 billion in U.S. by 2025
Sun, May 22, 2022 8:57 AM

Hyundai Motor Group has plans of investing $5 billion in U.S. by 2025

Hyundai Motor Group on Sunday revealed its plans of investing an extra $5 billion in the United States. The aforementioned funds would be used by the motor giant to bolster its partnership with U.S. firms in advanced technology. The company intends to make the investments by 2025. The funds would be deployed to develop robotics, urban air mobility, autonomous driving, and artificial intelligence.

Open Flip
Goldman Sachs does not expect the crypto crash to impact US economy
Sun, May 22, 2022 8:28 AM

Goldman Sachs does not expect the crypto crash to impact US economy

The crypto market is witnessing one of the ghastliest crashes ever. The price of the "godfather" of all cryptocurrencies i.e. Bitcoin plunged below the $28,000 mark. The crash has triggered fear and anxiety among investors but analysts at Goldman and Sachs are of the opinion that the ongoing crash in the crypto market would not affect the US economy.

Open Flip
Over 500 employees have been laid off by MFine
Sun, May 22, 2022 8:17 AM

Over 500 employees have been laid off by MFine

MFine, a Healthtech startup run by Novocura Tech Health Services, has let go off over 500 employees owing to a funding crunch. The aforementioned startup is backed by investors like Beenext and Stellaris. The layoffs have been carried out across departments like data science, engineering, and product.

Open Flip
🎯 Quality RO announcing its Q4 results today!
Sun, May 22, 2022 8:00 AM

🎯 Quality RO announcing its Q4 results today!

One company is expected to announce its Q4'FY22 results today (May 22, 2022). It is: ✅Quality Ro Industries Ltd: It is a major supplier of various water treatment products. It offers products like Membrane Housing & Bowls, PP Spun filters & alternative taps for various OEM RO Machines. How will the market react today? Stay tuned for more updates from FlipitMoney!

Open Flip
Power generation in May doubles to 143 million units per day
Sat, May 21, 2022 10:46 PM

Power generation in May doubles to 143 million units per day

The Ministry of Power has taken several steps in the recent past to increase power generation in domestic coal-based plants as well as (imported coal-based) ICB plants. As per official data, the power generation by domestic coal-based plants that blend imported dry fuel has increased many-fold to 143 million units per day in May, in comparison to 66 MU in the same month a year ago.

Open Flip
Faze Three Ltd consolidated PAT zooms to Rs. 15.77 crores in Q4
Sat, May 21, 2022 10:30 PM

Faze Three Ltd consolidated PAT zooms to Rs. 15.77 crores in Q4

Faze Three Ltd has posted a total income of Rs. 156.73 crores during the period ended March 31, 2022, as compared to Rs. 132.69 crores during the period ended December 31, 2021. The company has reported a net profit / (loss) of Rs. 15.77 crores for the period ended March 31, 2022, against net a profit / (loss) of Rs. 12.65 crores for the period ended December 31, 2021.

Open Flip
We need a small favour ☺️
Sat, May 21, 2022 9:55 PM

We need a small favour ☺️

We are building the first community of capital market traders and enthusiasts in India! With more than 800,000 users using our app, we are on a mission to reinvent financial literacy and awareness in India! Please share your love for flipitmoney so that we work harder and reach our goal faster 🙏

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon